Looking for an IoT development company that can drive innovation and create new revenue streams for your business? We analyzed numerous case studies, authentic client feedback, and service scopes to curate this list of the best Internet of Things development companies and help businesses like yours find a partner for your digital transformation. Browse our directory and filter the selection by location, pricing, minimum budget, team size, and other criteria to get started on your search.
We carefully selected this list of leading IoT development companies after evaluating over 1,100 agencies, considering their services, awards, portfolios, industry reputation, pricing, and client reviews. Explore these agencies’ specializations and featured case studies to begin your agency search.
Table of Contents
The Number 1 IoT Development Company as Selected by DesignRush Is...
1. Very
- Best for: Overall
- Average hourly rate: $150
- Minimum budget: Inquire
- Founded: 2011
- Size: 100-249
- Location: Bozeman, MT
- Notable clients: Mozilla, L’oreal, HP, P&G, Hayward
Very provides human-centric, strategic, and scalable Internet of Things (IoT) solutions. Its services include IoT product and interface design, data solutions and machine learning (ML), generative artificial intelligence (AI) and large language model (LLM) applications, IoT hardware and software, firmware, and digital infrastructure. To date, Very has delivered over 420 IoT solutions to enterprises worldwide.
Hayward has been a pioneer in pool technology for over a century, selling products that allow customers to customize, control, configure, and monitor their pools via phone or tablet. However, it wanted to make its products more user-friendly, so it partnered with Very.
Very built an Apple watch app with light activation, complete pump control, heating element and adjustments, and quick access to pre-saved favorites. It also ensured that the interface was easy to navigate, seamlessly synced with the phone app, and provided real-time data on the equipment. This allowed customers to control their equipment even while in the pool.
As a result, 93% of Hayward’s devices were connected to its OmniLogic app. Hayward also increased app adoption and was rated as one of the top apps on the App Store and Google Play Store, receiving a 4.6-star rating.
2. AJProTech
- Best for: Industrial IoT
- Average hourly rate: $149
- Minimum budget: $50,000 & Up
- Founded: 2014
- Size: Under 49
- Location: Calabasas, CA
- Notable clients: MAP Industry Group, Hyundai, Huupe, Samsung Next, Google
AJProTech is a turnkey IoT development company that provides feasibility studies, electrical engineering, industrial and mechanical design, software development, electrical engineering, wireless interfaces, prototyping, and app development. It has manufactured over 300,000 units of products, delivered 55 commercial projects, and racked up over $40 million in product sales.
Map Group is a New York parking operator that wanted to maximize residential parking space in Manhattan. While there are numerous multilevel parking solutions for this, they are mostly expensive and complicated to operate. So, they engaged AJProTech’s services.
AJProTech designed a lightweight, weather-proof metal two-floor parking slot that managed 13 cars (26,000 kg) and could be used indoors and outdoors. Moreover, it had a control panel that allowed users to park and retrieve their vehicles with a single button without disturbing the parked cars. It also collected sensor feedback (voltage, current, temperature, and pressure) to ensure safety functions and remote monitoring.
As a result, Map Group increased parking capacity by 90%, enhanced safety, and reduced expenses. Plus, its customers can park their cars within just 30 seconds.
Check AJProTech Agency Profile
3. SoluLab
- Best for: Customer IoT software
- Average hourly rate: $30
- Minimum budget: $10,000-$25,000
- Founded: 2014
- Size: 50-99
- Location: Los Angeles, CA
- Notable clients: Cambridge Assessment English, Mercedes Benz, Walt Disney, Goldman Sachs, Stark
SoluLab seeks to build next-generation IT solutions for its clients by fully understanding their business goals, industry, and competition. With this mindset, it has completed over 1,500 projects and served more than 500 happy clients. It offers development in web Bluetooth apps, wearable apps, iBeacon apps, IoT and blockchain, IoT and ML, and IoT and Big Data.
Stark approached SoluLab to create an IoT application for an automated checkout system. Additionally, it wanted to use the system to track the items its customers were interested in, so it could then send personalized discounts.
SoluLab produced the Scepter app, which scans item tags and automatically deduces the total cost from the customer’s mobile payment app. It also uses beacon technology to send automatic discounts to customers when they’re near the shop. Plus, the IoT development company used the sensor to detect the customer’s location in the store, reminding customers of their favorite brands from that section.
As a result, Stark gained access to more robust data on its customer’s buying behaviors and preferences, reduced labor costs, and improved inventory management.
4. Indeema Software
- Best for: Energy solutions
- Average hourly rate: $50
- Minimum budget: $25,000-$50,000
- Founded: 2014
- Size: 50-99
- Location: Seattle, WA
- Notable clients: Viking Scada, Dog Cloud, UBreez, ShotKam, Alice
Indeema Software empowers businesses with top-tier engineering by providing established teams, processes, and management. Its offerings include IoT consulting services, full-cycle IoT development, firmware development, hardware development, application development, and software, firmware, and hardware testing.
Alice partnered with Indeema Software to develop a smart device that allowed homeowners to track their heating oil consumption from a web and mobile app. With this, they can avoid running out of heating oil, especially during peak season when deliveries can be slow.
The IoT development company designed an easy-to-install firmware gauge that connects to the customer’s web and phone app so they know the precise gallons left in their tank. They can also connect multiple gauges to the system.
Today, Alice has over 500 downloads in the App Store and Google Play Store.
Check Indeema Software Agency Profile
5. Innowise
- Best for: Logistics and transportation
- Average hourly rate: $150
- Minimum budget: $25,000-$50,000
- Founded: 2007
- Size: 1,000 & Up
- Location: St. Petersburg, FL
- Notable clients: Deloitte, Accenture, NFT Pro, BMW, OneStop Pro
Innowise Group distinguishes itself from other IoT developers by being more than just a business; it is also a community of high-level engineers that strives to provide digital innovation to all clients. Its IoT expertise includes Big Data, ML, blockchain, metaverse, cybersecurity, and data visualization. It also provides analytics, software development, mobile and web app development, dashboard development, firmware, hardware, app management and support, consulting, and developer outsourcing.
The client is a well-known transportation company that offers public transport, school traffic, commercial lines, and on-demand services. While the client already had transport fleet management software, its many limitations led to inaccurate data and poor user experience. The client reached out to Innowise Group for help developing a solution.
Innowise Group built an interactive dashboard that provides real-time geological tracking and time-sensitive alerts when there’s a deviation from the route schedule. It also uses predictive analytics to optimize routes, forecast delays, and analyze passenger flows. Additionally, it has an intuitive administrator dashboard, monitors vehicle health, and creates real-time data visualizations.
As a result, the client reported:
- 95% accuracy in bus fleet tracking
- 2x faster data analysis
- 30% fewer operational delays
6. SumatoSoft
- Best for: Healthcare solutions
- Average hourly rate: $45
- Minimum budget: $25,000-$50,000
- Founded: 2012
- Size: 50-99
- Location: Boston, MA
- Notable clients: Toyota, Dexai Robotics, MyMediAds, Umergence, Boxforward
SumatoSoft digitizes businesses by providing IoT development services, including data visualization and analytics, AI/ML integration, all-around IoT applications, connectivity management, and device management. It also offers data retrieval and processing and hardware prototype development. Thus far, it has produced over 200 custom solutions, completed 100 successful projects, and helped businesses in over 25 countries.
A North American healthcare technology firm wanted to make its unique blood glucose monitoring sensors market-ready. So, it consigned SumatoSoft to produce a user-friendly mobile IoT application that connected to its sensor.
SumatoSoft performed a deep dive into the client's requirements and goals and its customer’s behaviors and needs. Based on this knowledge, the IoT development company designed a mobile app with an easy-to-navigate user interface, real-time monitoring and data visualization, cross-platform availability, and alert mechanisms. The app also complied with the Health Insurance Portability and Accountability Act (HIPAA) and security regulations. Plus, SumatoSoft included an onboarding tutorial and FAQ section, so customers can easily learn to use the device.
As a result, the client exceeded the user adoption rate by 20% upon launch and recorded high feedback and engagement rates.
Check SumatoSoft Agency Profile
7. ITRex Group
- Best for: Supply chain solutions
- Average hourly rate: $50
- Minimum budget: $50,000 & Up
- Founded: 2009
- Size: 250-499
- Location: Aliso Viejo, CA
- Notable clients: P&G, Warner Brothers, 21st Centura Fox, Universal Electronics
ITRex Group is a next-generation enterprise software development company that offers embedded IoT solutions, IoT cloud platforms and dashboards, and IoT mobile app development. Thus far, it has delivered more than 600 solutions to over 200 happy clients.
The client partnered with ITRex to create an all-in-one logistics solution that uses IoT. ITRex leveraged AI to predict shipment costs based on 60 parameters, added an advanced dashboard with options for managing permissions, integrated a GPS tracking page and mobile driver app, and installed Elasticsearch for easy text search. It also built automated documentation options, payment systems, and shipment management. Most importantly, the IoT developer ensured the app was intuitive, user-friendly, and multi-platform.
As a result, the logistics app accumulated 25,000 active users, 700 of which are enterprises like DHL, Maersk, and Ryder. It saves time for all stakeholders in the supply chain by optimizing cargo management flow and automating paperwork and repetitive tasks. Moreover, the app helped businesses reduce customer anxiety by providing a real-time tracking page.
Check ITRex Group Agency Profile
8. Softeq
- Best for: Mobile IoT
- Average hourly rate: $80
- Minimum budget: $50,000 & Up
- Founded: 1997
- Size: 250-499
- Location: Houston, TX
- Notable clients: Daikin Industries Ltd, SanDisk, Coca-Cola, Microsoft, Verizon
Softeq is an IoT development company that provides consulting services, hardware prototyping and design, embedded software development, dashboard development, and mobile apps for connected devices. It uses its six-step proven process to guarantee innovation in all its projects.
A software solutions provider approached Softeq to produce a telecare system for the elderly. The system needed to track their real-time health and detect emergencies.
Softeq studied the client’s requirements and asked experts in the field about their experience. From there, it built a wearable device that connected to a mobile app and host unit. This allowed the IoT system to monitor the user’s health and location and send phone calls, messages, and social media alerts to the designated caregiver. The IoT development company also designed a smartphone for the elderly, which allowed caregivers to control its function and features.
As a result, the client expected 500,000 users for the solution after its rollout.
9. Integra Sources
- Best for: Amazon Web Services (AWS) Cloud
- Average hourly rate: $40
- Minimum budget: $10,000-$25,000
- Founded: 2014
- Size: 50-99
- Location: Astana, Kazakhstan
- Notable clients: Da Vinci Innovation Labs, University of East London, GP2U, The Medical Team, AVerMedia
Integra Sources is a custom hardware design and software development company that seeks to deliver consistent and predictable results that create value for the end-user. Its IoT services include sensors and devices, communication, cloud, and application. To date, it has completed over 250 projects for 100 happy clients.
A solar battery provider approached Integra Sources to produce a Solar Manager cloud solution that enables homeowners to monitor their energy consumption and optimize their solar power.
Integra Sources used Raspberry Pi to track solar battery output. It also leveraged AWS cloud architecture to integrate the data into the cloud and built a web dashboard that showed the power consumption graphs with a mobile version for iOS and Android.
As a result, customers can stream data every 10 seconds, providing real-time analysis of their power consumption. Plus, the client can support up to 50,000 new users annually and has already received 25,000 concurrent requests.
Check Integra Sources Agency Profile
10. Cogniteq
- Best for: Manufacturing solutions
- Average hourly rate: $40
- Minimum budget: $1,000 - $10,000
- Founded: 2005
- Size: 50 - 99
- Location: Vilnius, Lithuania
- Notable clients: L’oreal, DHL, Bosch, McDonald’s, Audi
Cogniteq transforms ideas into software products by providing services in IoT consulting, application development, hardware development, security strategy development, refactoring of legacy software, and maintenance and support. It also offers cloud- and data center-powered apps, existing system integration, and modular IoT architecture. Thus far, it has delivered over 300 successful projects to more than 100 clients.
A Singaporean research and development company needed a system that could automatically measure cargo’s weight and dimensions with a single scan. Learning about Cognitec’s expertise, it collaborated with the IoT development company to bring this idea to life.
Cognitec used four ZED cameras to create a 3D cargo scanner, developed a system that turned each scan into measurements, and set up 15 measurement parameters. It also created a control program that allows operators to control the data, switch modes, and correct endpoint measurements.
The client can now measure cargo within a few seconds, which has reduced overhead costs by 5x.
How We Picked the Best Internet of Things Development Companies
We reviewed the skills, achievements, IoT development strategies, technical expertise and certificates, client references, and previous collaborations of hundreds of agency profiles to choose the best Internet of Things development companies.
We ranked each one based on the following criteria:
- Reviews: Client satisfaction, level of trustworthiness, project management, communication style, team values, and work ethics
- Portfolio: Real-world examples that deliver tangible results to businesses through IoT strategies and technologies
- Awards and press: Industry reputation and innovation
- Team bios: The agency’s qualifications and experience in the IoT industry
- Top services: Core competencies and areas of expertise
- Technical skills: Qualified proficiency in IoT technology, systems, and devices like SCADA and LoWRAN
- IoT development expertise: Proven understanding of the latest industry best practices, protocols, and regulations to build effective IoT systems
Visit the DesignRush Agency Ranking Methodology for more information on how we research agencies.
10 Most Popular IoT Development Companies Compared
Agency name | Location | Hourly rate | Size | Best for |
Very | Bozeman, MT | $150 | 100-249 | Overall |
AJProTech | Calabasas, CA | $149 | Under 49 | Industrial IoT |
SoluLab | Los Angeles, CA | $30 | 50-99 | Consumer IoT software |
Indeema Software | Seattle, WA | $50 | 50-99 | Energy solutions |
Innowise | St. Petersburg, FL | $150 | 1,000 & Up | Logistics and transportation |
SumatoSoft | Boston, MA | $45 | 50-99 | Healthcare solutions |
ITRex Group | Aliso Viejo, CA | $50 | 250-499 | Supply chain solutions |
Softeq | Houston, TX | $80 | 250-499 | Mobile IoT |
Integra Sources | Astana, Kazakhstan | $40 | 50-99 | AWS Cloud |
Cogniteq | Vilnius, Lithuania | $40 | 50-99 | Manufacturing solutions |
IoT Development Companies Industry Research
Key Findings on the Internet of Things Development Companies on DesignRush
- 41% of IoT development companies’ reviews are by companies with fewer than 49 employees, indicating a common partnership dynamic between these firms and small businesses.
- 55% of Internet of Things development companies work with mid-sized businesses, requiring a minimum project budget between $1,000 and $25,000.
- The information technology and computer software sectors provide the most reviews, representing 9% and 7%, respectively.
- 31% of IoT development companies charge between $31 and $50 per hour.
- 48% of these firms employ fewer than 50 people, highlighting the dominance of small agencies in the Internet of Things development industry.
DesignRush Industry Research Methodology
The methodology for this insight report uses data and indicators gathered from our agency database:
- Agency listing: Data provided in agencies’ DesignRush profiles, including the number of employees, minimum budget, average hourly rate, and founding year.
- Agencies’ reviews: Insights gathered from agency reviews, including industry focus and client size.
Our IoT Development Companies Research in Detail
Continue reading for a thorough breakdown of our findings gathered from each metric used in the preceding report:
Employees per Agency:
- 48% of agencies have fewer than 50 employees, emphasizing the predominance of small-sized agencies in the Internet of Things development industry.
- Medium-sized firms are flexible and capable of handling larger projects. Among these firms, 22% have 50-99 employees, and 20% have 100-249 employees.
- Very large companies are less common in this sector, amounting to only 5%. Unlike their smaller counterparts, they often provide additional resources and specialized knowledge for intricate projects.
Minimum Budget:
- The budget distribution suggests that IoT development services cater to various financial capacities. 55% of these firms take on projects with budgets between $1,000 and $25,000, making Internet of Things development services accessible to medium-sized businesses.
- Agencies that require projects over $50,000 make up a notable 7% of the market, indicating the availability of premium services for extensive, enterprise-level IoT solutions.
Average Hourly Rate:
- The most common hourly rates are in the lower to middle ranges, with 31% charging $31 to $50 per hour and 26% charging $30 or less. This suggests that Internet of Things development services are competitive, likely catering to smaller businesses or budget-constrained projects.
- A few agencies charge very high rates, with $201 to $500 per hour and over $500 per hour comprising only 1% and less than 1%, respectively. These agencies typically offer specialized services involving cutting-edge technologies or deep domain expertise.
Founding Years:
- Between 2011 and 2015, there were consistently high numbers of new agencies, coinciding with significant advancements in IoT technologies like enhanced sensor capabilities, 4G connectivity, and cloud computing.
Industry Focus:
- 9% of reviews from information technology companies and 7% from computer software companies show a high demand for IoT development services in these industries.
- Internet of Things development companies also serve various other sectors, such as financial services (5%), marketing and advertising (5%), hospital and healthcare (13%), food and beverages (2%), retail (2%), and real estate (2%). These digits indicate their capability to cater to different business verticals.
Here are the top 3 IoT development companies per industry:
Industry | Top 3 IoT Development Agencies |
Information Technology and Services | |
Computer Software | |
Financial Services | |
Marketing and Advertising | |
Hospital & Healthcare |
|
Food & Beverages |
|
Retail |
|
Real Estate |
|
*Data derived from the highest number of client reviews mentioning these industries
Client Size:
- 41% of reviews come from clients with under 49 employees, suggesting IoT technologies are accessible and beneficial for smaller enterprises, likely due to their potential to scale operations and improve efficiency.
- Medium-sized businesses with 50-99 employees also show significant engagement, making up 10% of the reviews. Additionally, 11% of reviewers are businesses with 100-249 employees, indicating IoT's role in supporting growth and enhancing capabilities as companies scale.
- Enterprise-level businesses with 1,000 employees and up contribute to 4% of the reviews, reflecting the use of IoT to integrate complex systems and streamline large-scale operations.
- The largest enterprises, with over 5,000 employees, also comprise 4% of reviewers, likely leveraging the Internet of Things for extensive digital transformation projects and global operation management.
Explore the top 3 IoT development companies that provide services tailored to the size of businesses:
Client size | Top 3 IoT Development Agencies |
Small businesses Under 49 employees |
|
Mid-sized businesses 50-249 employees |
|
Large businesses 250+ employees |
|
Enterprise-level businesses 1000+ employees |
|
*Data based on the size of the companies that provided the highest number of reviews
This detailed analysis of IoT development companies featured on DesignRush offers businesses looking for a partner a clearer understanding of the complex IoT services landscape. It enables businesses to make informed choices when seeking to outsource their IoT projects. Furthermore, this overview can assist Internet of Things development companies enhance their market positioning to attract better client matches.
Best Internet of Things Development Companies
- Azumo is a fast-growing nearshore software development company specializing in AI, data engineering, and enterprise web and mobile apps. We help businesses build intelligent apps by providing top-tier [... view the full profile of Azumo]San Francisco, California 100 - 249 $55/hr $50,000 & Up
- We are the nerds that every company wants in their tech division; experience, innovative and imaginative to the core!With more than 200 innovative software products and solution delivered, Trango [... view the full profile of Trango Tech]San Jose, California 100 - 249 Inquire $1,000 - $10,000
- AppMakersUSA is a US-based full-service mobile application development company. We specialize in building cross-platform websites and apps (meaning iOS & Android for the price of one), informing your [... view the full profile of App Makers USA]Woodland, California Under 49 Inquire $10,000 - $25,000
- Offering Chatbot, IT, and Software Solutions. Talentica Software is an innovative outsourced product development company that provides startup-oriented and dedicated remote teams to help startups [... view the full profile of Talentica Software]Pune, India 500 - 999 $30/hr $50,000 & Up
- Suffescom is a leading mobile app development company offering top-notch solutions across diverse industries. [... view the full profile of Suffescom Solutions Inc]Los Angeles, California 250 - 499 Inquire $10,000 - $25,000
- Zazz equips your business digitally with mobile, web & custom software development solutions, helping you stay relevant in the dynamic market filled with growing customer needs. [... view the full profile of Zazz]Seattle, Washington 250 - 499 $45/hr Inquire
- ELEKS is the partner of choice for many leading enterprises, SMEs and technology challengers. We help businesses elevate their value through custom software development, product design, QA and [... view the full profile of ELEKS]Chicago, Illinois 1000 & Up $50/hr $25,000 - $50,000
- We craft digital products that streamline your processes, expand your customer base, and drive business growth. Strategically located within your reach, we'll take your ambitious project from an [... view the full profile of Infinum]New York City, New York 250 - 499 Inquire $50,000 & Up
- DeviQA has been supporting customer success stories for over 14 years, protecting and safeguarding our customers' brand and hard-fought reputation through best-in-class testing and quality assurance [... view the full profile of DeviQA]New York City, New York 100 - 249 $30/hr Inquire
- Zamratech, a globally recognized company based in the United States, has become a leading worldwide application developer. We provide a comprehensive range of digital services, including web design [... view the full profile of Zamratech]Cincinnati, Ohio 100 - 249 $35/hr $1,000 - $10,000
Need Help Selecting The Right Agency For Your Project?
We'll Find The Best Agencies For You- AppsChopper develops market-winning apps by bringing your distinctive vision to fruition. Our digital solutions combine personalized technology with your company's character, increasing the value of [... view the full profile of AppsChopper]New York City, New York 100 - 249 $55/hr Inquire
- Jelvix is a global tech partner with over 10 years of experience for industry leaders, SMEs, and technology disruptors.We have a solid background in both helping startups grow into enterprises and [... view the full profile of Jelvix]Tallinn, Estonia 250 - 499 $50/hr Inquire
- Passionate about crafting innovative digital solutions, TechGropse is a leading technology firm that specializes in mobile app development, web development, and emerging technologies. Our commitment [... view the full profile of Tech Gropse]Atlanta, Georgia 100 - 249 $25/hr $10,000 - $25,000
- Steptech Global operates as a software design and development enterprise, offering cutting-edge IT solutions tailored for small and medium businesses as well as enterprises. Our track record showcases [... view the full profile of Steptech Global]Cheyenne, Wyoming 100 - 249 $35/hr $1,000 - $10,000
- Clustox is software solutions and integration services provider which designs, develops, integrates and maintains business applications to enable enterprises to solve complex, mission-critical [... view the full profile of Clustox]Islip, New York 50 - 99 $25/hr $25,000 - $50,000
- When hiring an app or web development team to build custom software, one variable matters most: are the developers fully dedicated to your success, or are you one client of many? [... view the full profile of Designli]Greenville, South Carolina 50 - 99 $85/hr $10,000 - $25,000
- Phenomenon specializes in data-driven product design and development for SMEs across SaaS, EdTech, FinTech, and Healthcare. We offer UI/UX design, Web & Mobile development, Discovery, MVP creation, UX [... view the full profile of Phenomenon Studio]Wroclaw, Poland 50 - 99 $45/hr Inquire
- Urapptech: Where Innovation Meets Functionality. We specialize in crafting cutting-edge software solutions tailored to amplify your digital presence and streamline operations. Whether you're launching [... view the full profile of UrApptech, Inc.]Austin, Texas 250 - 499 $30/hr $1,000 - $10,000
- Technoyuga soft is an emerging web & mobile app development company established with the vision of helping startups, small & mid-sized businesses, brands to help with their technology needs. [... view the full profile of Technoyuga Soft]New York City, New York Under 49 Inquire $10,000 - $25,000
- Top Rated: 5-star Average ReviewsYour trusted partner for software development and team augmentationDiffco is a global software development and team augmentation company based in Silicon Valley. With over 16 years of experience delivering robust software solutions in mobile, web, and AI development [... view the full profile of Diffco]San Jose, California 50 - 99 $70/hr $25,000 - $50,000
- Proud 2024 Webby Award winner in the Responsible AI category and winner of the European Technology Awards for App Development in 2021. [... view the full profile of Wolfpack Digital]Cluj-Napoca, Romania 50 - 99 $70/hr $25,000 - $50,000
- Geomotiv excels in delivering custom solutions for various industries. They offer services such as web and mobile app development, Google app engine development, software product development, and [... view the full profile of Geomotiv]Alexandria, Virginia 250 - 499 $50/hr $25,000 - $50,000
- HDWEBSOFT is a leading software outsourcing company in Vietnam, known for its high-quality services, affordable pricing, and reliable team. With over 250 experienced engineers and a decade of [... view the full profile of HDWEBSOFT]Ho Chi Minh, Vietnam 250 - 499 $35/hr $10,000 - $25,000
- Our expert team of engineers, designers, and product strategists offers flexible solutions – whether you need to fill skill gaps or form a dedicated team to lead end-to-end development. [... view the full profile of Cheesecake Labs]San Francisco, California 50 - 99 Inquire Inquire
- AllianceTek has more than 18+ years of experience providing end-to-end software engineering services, with extensive experience in building Mobile, Cloud, Web, and Salesforce solutions. [... view the full profile of AllianceTek Inc.]Malvern, Pennsylvania 100 - 249 $50/hr $25,000 - $50,000
- Buttercups Agency leads the way in frontend development services, specializing deeply in React. Our focus is on creating seamless, dynamic user interfaces that excel in modern web standards and [... view the full profile of Buttercups]Kyiv, Ukraine Under 49 $35/hr $1,000 - $10,000
- Full cycle software development company that launches high-quality digital products with Lean Startup approach. In other words, we are building scalable apps in a wise staged approach that allows to [... view the full profile of You Are Launched]Limassol, Cyprus Under 49 $40/hr $10,000 - $25,000
- VironIT is a reputable custom software and PHP development company with 18 years of experience, having completed over 600 projects for clients in various industries worldwide. [... view the full profile of VironIT]New York City, New York 100 - 249 $80/hr $10,000 - $25,000
- Simform is a premier product engineering services company specializing in Cloud/MACH architectures, DevOps automation, Data Engineering, Generative AI and Machine Learning to create seamless digital [... view the full profile of Simform]Orlando, Florida 1000 & Up $30/hr $25,000 - $50,000
- Groove Jones is an innovative technology company that specializes in creating AI/VR/AR software solutions for a wide range of industries, including advertising, entertainment, marketing, health, and [... view the full profile of Groove Jones]Dallas, Texas Under 49 $150/hr $50,000 & Up
- TRIARE provides comprehensive services encompassing the entire software development lifecycle of WEB and MOBILE applications, along with UI/UX Design, Prototyping, Business Analysis, and software [... view the full profile of TRIARE]Warsaw, Poland 50 - 99 $45/hr Inquire
- Why not try some top quality UK delivery. Zudu is an award-winning, industry-leading, software development agency based in London and Dundee. Our specialist team create jaw-dropping digital [... view the full profile of Zudu]Dundee, United Kingdom Under 49 $50/hr $10,000 - $25,000
- Konstant Infosolutions is a leading digital innovation and mobile app development company, offering top-notch solutions across diverse industries. With expertise in healthcare, on-demand services [... view the full profile of KONSTANT INFOSOLUTIONS]New York City, New York 100 - 249 $25/hr $10,000 - $25,000
- Titoma stands for 'Time To Market.' We base our designs on the best value components from China, but avoid China tariffs.We design mostly around STM32, PIC32, Bluetooth from Nordic, and WiFi [... view the full profile of Titoma Design For Taiwan Manufacturing]Taipei, Taiwan 50 - 99 $35/hr $50,000 & Up
- Intetics, established in 1995, is a prominent player in the IT software services domain. They offer a range of services, including Custom Software Development, Educational Software Development, Remote [... view the full profile of Intetics]Naples, Florida 500 - 999 $50/hr $50,000 & Up
- EffectiveSoft delivers tailored software engineering services that empower clients to disrupt industries and enhance customer experiences. [... view the full profile of EffectiveSoft]San Diego, California 250 - 499 $50/hr $25,000 - $50,000
- Leanware is a Latin America Software Development Company with a laser focus on quality, craftsmanship, and work ethics. We are committed to building world-class software products for startup founders [... view the full profile of Leanware]Miami, Florida Under 49 $35/hr $25,000 - $50,000
- TechnoScore is a reputed web and mobile app development company located in Laguna Beach, California. [... view the full profile of TechnoScore]Laguna Beach, California 100 - 249 $14/hr $1,000 - $10,000
- Leveraging 30 years of excellence designing, developing, deploying and supporting world-class software solutions, Kanda Software has established itself as a trusted Software Development, Cloud [... view the full profile of Kanda Software]Boston, Massachusetts 500 - 999 $50/hr $50,000 & Up
- With over 20 years of industry experience, Gecko Dynamics is a trusted partner for startups and enterprises. Our team delivers end-to-end solutions using Java, Angular, Flutter, and AWS. From ideation [... view the full profile of Gecko Dynamics]Krakow, Poland 50 - 99 $50/hr Inquire
- Prismetric is an ISO 9001:2015 Certified Web & Mobile App Development Company having a development center in India with offices in USA. We develop exceptional applications for iPhone, iPad and Android [... view the full profile of Prismetric]San Francisco, California 100 - 249 $18/hr Inquire
- DreamSoft4U stands as a top-tier Flutter developer and healthcare software expert since 2003. Serving everyone from hospitals to individual physicians, our tech solutions prioritize hassle-free [... view the full profile of Dreamsoft4u]Corona, California 50 - 99 $40/hr $1,000 - $10,000
- Copper Digital is a leading digital transformation services company united by a singular purpose: to empower businesses in manufacturing, healthcare, and fintech industries to transcend traditional [... view the full profile of Copper Digital]Dallas, Texas 100 - 249 $100/hr $50,000 & Up
- Exoft is a HIPAA, software development and performance testing company that provides solutions to various business needs. [... view the full profile of Exoft]Vienna, Virginia 50 - 99 $40/hr $10,000 - $25,000
- We are a digital agency that provides end-to-end solutions to startups and enterprises alike, including Mobile App Development, Web Development, Software Development, AR/VR Development, Game [... view the full profile of Chimpare Designs]New York City, New York Under 49 $40/hr $10,000 - $25,000
- Galago is a premier app development company dedicated to empowering small businesses with cutting-edge mobile and web applications, while also excelling in crafting sophisticated internal software [... view the full profile of Galago]Phoenix, Arizona Under 49 $180/hr $10,000 - $25,000
- Your business faces unique challenges. Let's work together to create a custom mobile app or web solution to meet those challenges head-on. [... view the full profile of Zco Corporation]Nashua, New Hampshire 250 - 499 $35/hr $25,000 - $50,000
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IoT Development Company Hiring Guide
What is an IoT development company?
An IoT development company is a specialized company that provides custom solutions, devices, applications, and software underlined by IoT technology. This technology enables businesses to control their connected devices remotely while improving their productivity, efficiency, and security through better monitoring and automation.
IoT developers typically have expertise in various areas, such as hardware design, software development, cloud computing, data analytics, and connectivity protocols. These companies are not to be confused with IoT companies — IoT companies provide off-the-shelf IoT products for individual or organizational use. In contrast, IoT development companies tailor IoT solutions based on an organization’s unique needs and goals.
Typically, there are three types of IoT developers:
- Consumer IoT developers
Creating solutions that are found in consumer applications and devices, including smart homes and appliances, video doorbells, and fitness tracker - Commercial IoT developers
Developing products for organizational use to enhance customer experiences and business growth that are often used by companies, healthcare facilities, and hotels - Industrial IoT (IIoT) developers
Building solutions intended to improve the efficiency of industrial systems, including factories and manufacturing plants
What do IoT development companies do?
IoT development companies build IoT systems, software, and hardware to help businesses solve digital challenges and explore new revenue streams. They also integrate these systems into existing IT environments and provide continuous maintenance and support to businesses.
Key services offered by IoT development companies include:
- Technology audit
Evaluatng business’ tech infrastructure, processes, and data systems to assess readiness, identify gaps, and provide strategic recommendations for effectively implementing and scaling IoT solutions - IoT consulting
Providing expert guidance on how to deploy IoT infrastructure from scratch or improve the current system so it accommodates current business objectives - IoT app development
Building custom applications that connect with businesses’ IoT systems, feature practical functionalities, and can be accessed through mobile devices - Third-party integration
Incorporate application programming interfaces (APIs), systems, and technologies into the IoT environment to enable interoperability and data exchange among IoT devices, platforms, and external systems - Hardware development
Producing the physical components and devices for the IoT system, including sensors, controllers, communication modules, and wearable gadgets - IoT modernization
Updating the system’s hardware and software to meet the latest best practices and regulations and ensure compatibility across modern devices while preventing data corruption and loss - Data analytics
Gathering, processing, and analyzing data from IoT systems to gain valuable business insights and forecast potential risks and bottlenecks - Quality assurance (QA) testing
Performing rigorous IoT tests across the system to ensure performance, usability, compatibility, security, and accessibility, including interoperability testing, power management testing, and network testing - Maintenance and support
Fixing bugs and issues, providing system updates, adding new features, and optimizing current processes to ensure that the IoT system scales with business growth
Other services that IoT development companies provide include cloud computing, edge computing, machine learning (ML) and artificial intelligence (AI), IoT networking, IoT gateways, and connectivity management.
How much do Internet of Things development companies charge for their services?
Internet of Things development companies charge $5,500 on average for IoT prototyping. A minimum viable product (MVP) can cost between $30,000 and $50,000, with a finished project running up to millions of dollars. The significant variation in pricing stems from the fact that rates are predominantly influenced by the project's complexity, scale, and timeline.
Other factors affecting IoT development costs include:
- Team size
The project's complexity determines the size of the required IoT development team. Larger, more intricate projects often demand a multidisciplinary team of specialists, including hardware engineers, software developers, data scientists, and cybersecurity experts, which significantly impacts the overall cost. - Agency location
IoT development companies in Asia, Eastern Europe, and Africa charge lower rates than those in North America and the rest of Europe due to the lower cost of living. - Current technological infrastructure
A business running on outdated digital systems may be incompatible with the latest IoT technology and operating standards. As such, building an IoT solution for legacy systems may require more time and resources, increasing the project price. - Project scope
An IoT solution for one department will be more affordable than an IoT solution for the organization’s entire digital ecosystem. - Hardware components
Sensors, controllers, communication modules, computer chips, and smart devices can all impact the cost. - Firmware and software costs
These include IoT platforms, website domains, and types of applications. For instance, an IoT solution for desktop only is less costly than cross-platform IoT software. - Data storage
Because IoT systems use gigabytes of raw data, they require data lakes or warehouse storage, which increases overhead costs. - Manufacturing costs
The expense of producing custom hardware for an IoT system depends on the complexity and scale of the required components required. Systems that require specialized or high-precision components entail higher manufacturing costs. - Certifications and licenses
If the business plans to sell the IoT devices, they might need to obtain industry-specific licenses and certifications, which add to the overall cost. For instance, an Internet of Things Foundation certification (IoTF) costs $349.
The top 50 Internet of Things development companies on DesignRush charge an average of $48 per hour. 5.4% of the agencies on our listing accept projects under $1,000, providing cost-efficient solutions for small and simple IoT projects. In contrast, 7.4% of the agencies require a $50,000 minimum budget, offering premium services for more complex and advanced IoT systems.
Why should I hire an IoT development company?
You should hire an IoT development company for cutting-edge, customized tech solutions that will help you achieve business goals and comply with the latest security standards and data privacy laws. This, in return, will give you a competitive advantage in your industry, help you save on costs, and ensure that your solution grows with your business.
Moreover, IoT development companies can help you:
- Get a highly customized IoT solution that’s tailored to your specific internal processes and digital ecosystems
- Leverage niche specialties like cloud computing, software development, and IoT networking and gateways, which aren’t always readily available in conventional business environments
- Use advanced tools and technologies, including Bluetooth Low Energy, Supervisory Control and Data Acquisition (SCADA) systems, and low-power wide-area networks (LPWAN)
- Seamlessly integrate and scale your IoT solution according to your IT infrastructure and evolving business needs
- Improve operational efficiency, employee productivity, and data accuracy
- Realize cost savings by streamlining processes, automating manual tasks, reducing downtime, and predicting equipment failures
- Ensure security, legal, and data privacy compliance
Success story
One case study that illustrates the benefits of hiring an IoT development company comes from ITRex Group:
- Challenge: Hygienic management company Hygenix Inc. wanted to reduce the rate of hospital-acquired infections (HAIs) by monitoring the handwashing events at the hospital. The company wanted to leverage wearable technology, like smart wristbands with motion sensors, to help healthcare workers improve hand hygiene.
- Solution: ITRex Group developed wearable technology that tracked the healthcare professionals’ movements and notified them of the proper timing and duration when washing their hands. It also built a scalable, automated 24/7 remote patient monitoring (RPM) platform, which collected data on handwashing frequency, duration, and compliance. Then it presented the information in easy-to-understand visual formats so hospital administrators could easily act on the collected data.
- Results: Hygenix’s IoT solution helped participating hospitals double the hand hygiene duration, triple hand sanitizer usage, and improve hand hygiene compliance by 70%. Significantly, it also reduced mortality and morbidity rates caused by HAI.
How do I choose the best IoT development company for my business?
You can choose the best IoT development company for your business by following these steps:
- Assess your current digital capabilities
Conduct an internal audit of your equipment, devices, and software to specify IoT's role in your organization. - Discuss with team leaders and stakeholders
Your employees will be the end-users of the IoT solution. Get their feedback and ideas to gain a clear understanding of what they need and want from this new tool. - Set your budget
Custom IoT development will benefit your business in the long run but can be costly and time-consuming. Make sure you have room in your budget for the potential expense and that your business can accommodate a long project timeline. - Define your project scope
Clearly outline your short-term and long-term goals, timeline, type of IoT solution, technologies, security and safety protocols, and other critical project details. - Research potential IoT agencies
Look for agencies with experience in your industry and project requirements across marketplaces, publications, and directories like DesignRush. You can also ask business partners for recommendations. - Evaluate expertise and experience
Review client reviews, testimonies, case studies, portfolios, and recognitions to verify potential partner agencies' credibility and reliability. Select companies that are proficient in your preferred IoT platform and technologies. - Send a request for proposal (RFP)
Submit your project requirements, timeline, budget, technological stack, and RFP to your shortlisted agencies to get a more accurate price estimate. - Conduct interviews
Ask questions about their development process, methodologies, QA and security protocols, and post-launch support and maintenance services to verify their skills and capabilities. - Check for cultural alignment
Closely consider the agencies who understand your brand mission, core values, industry, and target audiences. Also, prioritize those that align with your culture and long-term business goals. - Choose your final candidate
Settle the precise terms of the agreement, list of deliverables, timeline, key performance indicators (KPIs), pricing structure, communication channels, and project management processes to improve efficiency and avoid miscommunication. - Set up an in-person meeting
Bring the IoT development partner to your offices to show them the physical technologies it will work with. This will help both parties determine the specifics of the project and adjust the contract details if needed.
Contact us for tailored recommendations on the top IoT development companies. Our team will research and shortlist the top agencies that meet your specific project requirements. Check our Marketplace for more details.
How can I find Internet of Things development companies on DesignRush that fit my budget?
Using our agency's filters, you can find Internet of Things development companies on DesignRush that fit your budget. Based on your budget, shortlist the selection from agencies catering to projects from $1,000 to above $50,000.
To get you started, here are a few options at different price points:
Low Budget: 1k above | |
Mid Budget: 10k above | |
High Budget: 50k above |
Our agency directory also lets you browse agency profiles based on location, area of expertise, agency reviews, client types, team size, budget, and hourly rates to compare IoT development companies comprehensively and find the best fit for your project.
What are the key success metrics used across IoT development projects?
The key success metrics used across IoT development projects are the following:
- Device uptime
Measures reliability by monitoring which IoT devices are working - CPU availability
Monitors the workload a CPU or device can handle within a specific timeframe so users can determine whether they should replace or update their devices - Data throughput
Computes the number of times data is successfully transferred from one destination to another - Network latency
Tracks how quickly data is transferred from one place to another and determines whether the network can handle current bandwidth - Packet loss
Measures the percentage of data or packets that do not arrive at their target destination - Site availability
Indicates the percentage of minutes per month that the website is available and accessible - Active users
Measures the frequency of usage and access to the IoT devices - Overall equipment effectiveness (OEE)
Computes the percentage of productive manufacturing time - Return on investment (ROI)
Determines how much a business has profited compared to the money spent on developing and implementing the IoT solution - Battery life and energy consumption
Identifies the amount of energy an IoT system uses - Mean time for vendor incident response
Tracks how quickly a cybersecurity team resolves a security threat - Security incidents
Indicates how secure the IoT network is against emerging threats
What red flags to watch out for when hiring IoT development companies?
When hiring IoT development companies, watch out for the following red flags to avoid potentially long-term setbacks and costly damages to your business:
- Absence of case studies
Having no case studies or portfolio may indicate a lack of experience or an inability to understand the real-world business impact of the IoT systems the agency has developed. Moreover, it makes it difficult to verify the agency’s capabilities. - Outdated tools and technologies
With IoT networks using multiple technologies, an IoT development company that fails to adopt the latest tools and platforms risks causing device incompatibilities, exposing security vulnerabilities, and limiting the scalability of your system. - Lack of robust security protocols
Given the heightened vulnerability of IoT to cyber threats, an IoT software developer must have specialized expertise in IoT security, privacy, and testing. Without this, the agency’s lack of proficiency may leave your business exposed to hacks, malware, and other cyber incidents. - Frequent reports of downtime, hacks, and compliance issues
An IoT development company that has multiple reports of system, security, or compliance issues may hint at dated practices and inadequacies in scalability planning, which can impact the reliability and trustworthiness of all its products. - Vendor lock-ins
If an IoT company insists on using its proprietary technology, whether its own or a partner’s, it may restrict system customization, flexibilitd professionalism, it poses risks for delays, misaligned expectations, and subpar outcomes. y, and scalability and result in expensive long-term maintenance. - Poor collaboration skills
Even with strong technical proficiency, if an IoT development company lacks effective communication, transparency, organization, an - High employee turnover rate
A pattern of negative employee reviews may indicate high dissatisfaction and turnover within an IoT company, potentially disrupting your project with frequent changes in points of contact.
What questions should I ask before hiring an Internet of Things development company?
Before hiring an Internet of Things development company, ask the following questions to verify its capabilities and skills in meeting your project needs and goals:
Its Relevant Background
- What’s the most notable case study you have worked on? Can you outline the brief, process, and results?
- Have you worked with similar companies, industries, or projects before?
- How do you and your team meet the changing demands of the market and technology?
Its Services and Processes
- Can you walk me through your IoT development process?
- What technologies, programming languages, and platforms do you use to build an IoT system?
- What are your systems for securing data collected on IoT devices? How do you ensure legal and ethical compliance?
- What other types of protocols, guidelines, and industry standards do you follow?
- What are your quality assurance and testing processes? How do you identify and resolve issues?
- What security protocols do you have to safeguard against security breaches and potential cyber-attacks?
- What services do you outsource? How do you ensure that they are up to date with the project and continue to follow privacy, security, and legal protocols?
- How much do your services cost? Do you charge per hour, per month, per result, or a flat fee?
- What measures do you have in place for disaster recovery and business continuity?
Related to Your Project
- How will your IoT strategies impact my long-term business goals?
- Are there any platforms, technologies, hardware, and systems you recommend for my business? If so, why?
- Which team members will be working on our IoT project? What are their credentials?
- What is my estimated project timeline?
- How do you ensure that your work will not interrupt daily business-critical tasks?
- How will you integrate the IoT solution with my current tech stack?
- How do you ensure that the IoT system is user-friendly and intuitive for my employees who are not technologically savvy?
- What post-project services do you provide? Do you offer training to my employees and ongoing maintenance and support?
- How will your team future-proof my IoT solution?
What are the best IoT development companies in the U.S.?
- SoluLab
- 4.8 stars on DesignRush (6 reviews)
- Top clients: Cambridge Assessment English, Mercedes Benz, Walt Disney, Goldman Sachs
- Indeema Software Inc.
- 4.8 stars on DesignRush (5 reviews)
- 5.0 stars on Google (41 reviews)
- Top clients: Viking Scada, Dog Cloud, UBreez, ShotKam
- Innowise Group
- 4.9 stars on DesignRush (19 reviews)
- 3.7 stars on Google (3 reviews)
- Top clients: Deloitte, Accenture, NFT Pro, BMW, OneStop Pro
- SummatoSoft
- 4.8 stars on DesignRush (6 reviews)
- 5.0 stars on Google (2 reviews)
- Top clients: Toyota, Dexai Robotics, MyMediAds, Umergence, Boxforward
- Softeq
- 4.8 stars on DesignRush (5 reviews)
- 4.3 stars on Google (6 reviews)
- Top clients: Daikin Industries Ltd, SanDisk, Coca Cola, Microsoft, Verizon
Why People Trust DesignRush
Rated 4.7 on Google and Trustpilot, DesignRush Agency Directory is a reliable resource for finding IoT development companies. We owe this to our executive selection team, which follows a strict screening process when featuring agencies on the platform, assessing key performance indicators, like portfolio, client reviews, and industry reputation.
Sources
DesignRush sustains a directory of over 30,000 agencies categorized by service category, location, expertise, and reviews. We build our database in two ways:
- Our dedicated team of agency experts actively searches the web for top-performing companies. We then pull information from their websites, online presence, and client testimonials to verify their status and qualifications prior to listing.
- The agencies listed get notified of their profiles on the website and they can choose to claim it or not, which suggests their availability for more collaborations.
Agencies can also reach out to DesignRush and must go through the verification process prior to being listed.