How does cost-effective IOT development work?

Custom IOT and technology, Kaltiot company

How do we implement IOT projects efficiently and cost-effectively? It’s often possible to create a low-cost, high-quality IoT solution when the right tools are used.

Sourcing hardware from the global market lowers costs

Traditionally, companies that provide IOT development services create both equipment and software for each new project. However, hardware development is extremely expensive and time-consuming. The investment in developing a new device is often enough to buy a nice house. Naturally, due to the large sunk costs the IOT firm and client typically want to use their custom IOT device in as many situations as possible. This requires further customization. But customizing equipment to new needs can be very difficult. Existing devices are usually rather difficult to use for purposes for which they weren’t originally designed.

Fortunately, there’s a huge selection of devices for different purposes available on the global market. This means that no matter what your exact need is, it’s almost guaranteed that there’s a device out there that will meet the hardware needs for your project.

This is why instead of developing new hardware for each project,we search a wide range of manufacturers we find the best available hardware out there for your needs. Our IoT services aren’t locked to any specific hardware device, so we can use the best-suited IoT device for each solution we offer.

Faster software development and lower costs by taking advantage of existing code

IoT development companies typically build each solution from the ground up. Coding software from scratch allows them to give 100% ownership of the software to the client. However, this also means the developers can’t make use of work they’ve done in the past for new projects. For many clients, the most important thing is to get a reliable solution that works and maintain ownership of data — not to own rights to the lines of code.

We have a large warehouse of existing IOT software that we can customize to our customers’ needs. This means we can create a new IOT service for you significantly faster and at a lower cost.

Our ready-made solutions are based on our Smart Tracker service, our IoT platform, and our reporting platform. For each project, we work out which existing technologies we can use and which parts we should code from scratch. Read more about our development process here.

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IT maintenance costs are reduced by using the same services for multiple projects

We’re proud to provide our clients with a long-term partnership and start-to-finish IoT solutions. In addition to the service development we also manage maintenance and updates.

Practically all IoT applications rely on wireless data transmission technologies. All IoT services also need an IoT platform, which handles things like device identification, traffic encryption, data storage and reporting. Since a significant part of these components are the same for every customer, having centralized maintenance and a shared IoT platform is a much cheaper approach than building a completely custom solution from the ground up.

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Will this work for my IoT project?

It’s perfectly understandable to ask how well our IoT development concept will work for your needs! You might think that using existing software compontents would limit the new solutions that can be built.

Relax – it’s very likely we can develop the solution you need.

All IoT cases involve both communication between smart devices and communication from smart devices to a central location. No matter whether the smart device is a package pick-up locker, a bike, or an outdoor fitness machine, the data travels over similar wireless networks. We know, because we’ve developed an IoT solution for all of those objects!

For example, we can develop an IoT solution that can:

  • collect measurement data, including temperature, location, pressure, acceleration, etc
  • open locks or doors and control motors, switches or lighting.
  • locate equipment or people.
  • use algorithms to generate customized reporting from the collected data

We are also happy to discuss your specific needs and how we can help.

Read more about our IoT development services.

IoT project for the Finnish Postal Service: A new parcel locker

In a joint project with other Finnish IT companies, we developed a new parcel locker for the Finnish Postal Service. We were responsible for the design, testing and deployment of the technology solution for the outdoor automation, as well as the integration of the systems. We customized our existing IoT software to create a locker with connected locks.

The result is a new kind of parcel locker that:

  • works without an external power supply.
  • can be opened with your smartphone.
  • is cost-effective to manufacture and maintain.
  • works outdoors in Finland’s challenging weather conditions.
  • can be integrated with the Finnish Postal Service’s own systems.

Our off-the-shelf technology enables us to deliver a wide range of IoT development projects at low cost.

Contact Us

Do you want to know more about our pricing, capabilities, or how to get started? Ask our team!

Mira Helakari

Mira Helakari

Sales

Jyrki Polet

Jyrki Polet

Sales

jyrki.polet@kaltiot.com
+358 405 467 010

Ville Heikkilä

Ville Heikkilä

VP of Sales

Contact Us

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