IoT (Internet of Things) is one of the biggest talking points in the corporate corridors. On one hand, IoT offers myriads of possibilities to the companies, and on the other hand, it can make our lives more convenient. IoT has gained ground with the help of thriving mobile technology and we can see the surge in the number of IoT applications. Gartner has predicted that by 2020 there would be around 20 billion connected devices. In such a scenario, it is interesting to see how you can make your IoT application stand out from the crowd and avail its benefits to grow your business.
IoT application development services are a bit pricey, and therefore, you need to focus on how to get the most from the tailored Internet of Things solutions.
IoT apps can serve many objectives, but you need to analyze the requirements as per your business model (B2B or B2C) and size. It is better to give some time before converting the app idea into a prototype. You need to find answers to various questions like which features are necessary and what is your budget before opting for an IoT app for your business.
The success of your IoT app largely depends on the prototype. You need to go slow on checking prototype from various perspectives while keeping employees and customers in mind. For example, Snapchat spent a year in prototyping. The slow approach in prototyping can assist you to get a user-friendly app.
Connecting devices are primarily made for connecting the world. Therefore, customer experiences play a pivotal role in ensuring the success of an IoT app. You can study your customers’ necessities and plan to integrate features accordingly to make your customers happy. When you enhance the customer’s experience and help them to improve lives, you can get loyal customers. An app with a pleasant user experience can serve as a powerful marketing tool as people tend to talk about such apps on social media networks.
Let’s face it! IoT devices and apps are most vulnerable to cyber attacks. Therefore, you cannot skip integrating security-related features in the IoT app. Your app must be capable of saving personal and financial data of your customers. Your slight carelessness in integrating safety features can cause a compromise of critical and valuable data. Therefore, you need to keep your app updated with the latest version of security technology. If your IoT app lags behind its counterparts on the front of data safety, you can never win a trust of your customers.
The bespoke IoT software can have a plethora of features to meet diverse business requirements. You need to make sure that all necessary features are added to your IoT application. For example, your cloud-based application requires database integration to handle the data of your company and customers. If you hire IoT developers, you should ask for their expertise in adding the features related to app’s flexibility and scalability. It is important because your app may need other features in the future to cope with changing requirements and growing competition.
Though all types of industries can leverage the benefits of IoT, a few sectors like utility, manufacturing, agriculture, healthcare, and communication will remain the biggest beneficiaries. A reliable IoT application development company can give you better insight on implementing these techniques in an enterprise-grade and user-focused IoT app.
In the next segment, we will quickly go through the IoT application development cost. An IoT solution company decides cost on the basis of following parameters:
Once you discuss the app idea with IoT app developers, they find the ultimate objective for an app and build a roadmap. They also make a list of necessary features to be integrated into your app. The number of features is directly proportional to app development cost, and therefore, the more complex your app, the more you need to pay.
Mostly, an IoT application development company decides charges on the basis of the duration of development. Here the company follows three key steps for app designing: information analysis (it typically takes between 20-40 hours), prototyping (it takes around 40-80 hours), and the addition of visuals (it takes over 80 hours). After designing comes the development phase that can take minimum 400 hours and, finally, the post app development phase takes between 35 to 171 hours.
Whether you hire IoT developer or assign your app project to the company, you get a basic team consists of two developers, one designer, one QA person, and a project manager. If you want to add professionals to meet growing or changing app requirements, the development cost can differ.
We can see a great variation in the hourly rates of resources across different regions. For example, charges in North America is between $50-$150 an hour, whereas the same in India is just $20-$50 an hour. If you want a cost-effective IoT app, it is better to go for an Indian IoT solution company. In other words, if you outsource your app project to India, you can get the app at a reduced rate.
USA and Canada- $50-$150/hr
United Kingdom (UK)- $65-$130/hr
In a nutshell, the IoT app development cost is determined on the basis of complexity and features. The region-wise variation in cost is also evident. But, more or less, the simple IoT app costs you around $1000, a database-connected app starts from $8000, and the cost of a complex app starts from $10000.
An IoT application with desired features can bridge a gap between business operations and connected devices. Time is just right to be a part of IoT revolution and give your business an Internet advantage!