Opportunities and Hurdles in Developing Internet of Things Solutions
How to deliver complete IoT solutions quickly and effectively
The Exploding IoT Market
The quantity of Internet of Things (IoT) applications and devices is exploding today. According to Gartner, there will be nearly 26 billion devices on the IoT by 2020 – more than 3 devices per human alive! And valuations for IoT companies are reaching heady levels, as evidenced by the recent $3.2B acquisition of Nest by Google. Today, many of the world’s largest technology companies, including IBM, Qualcomm, Google, Intel, and Cisco, are investing heavily into IoT initiatives.
Development Hurdles to Proliferation
By its nature, the IoT draws together four disparate technology and specialty skills areas:
- Specialized hardware and sensor development along with the commensurate sophisticated real-time embedded firmware.
- Large-scale cloud applications and Big Data analytics with sophisticated algorithms to distill massive real-time data into usable information.
- Delivery of the data into human-scale and human-usable platforms – particularly sophisticated smartphone apps – with a well-designed user experience.
- Sophisticated user experience design based on a user-centric design model.
The problem is that relatively few companies have the expertise to deliver products which combine these technologies.
Teqniksoft has extensive expertise and resources in all four skills areas
Teqniksoft has deep experience in sensored hardware and firmware development, Big Data, user experience design, and mobile apps: Teqniksoft is proficient in embedded firmware and hardware development, including PCB layout and FPGA development; it has been involved in a variety of large-scale Big Data development efforts; and it has developed smartphone apps for mobile software companies.
Teqniksoft is an international hardware and software solutions development company with operations in North America, South America, Europe, and Asia Pacific. We provide complete product lifecycle solutions for desktop, Web 2.0/Cloud, and mobility applications with core competencies in embedded systems engineering, CPLG and FPGA design and development, integrated circuit and PCB design and development, and building software systems for both Bare-Metal and RTOS environments.
Our team has architected, designed, developed and delivered commercial products for a broad spectrum of clients who range in size from large, public technology companies to early stage start-ups. The solutions cut across industries that range from rotating media and solid state storage systems to viral mobility applications running on iPhone, Android, and many other mobility platforms.
IoT is an opportunity for Teqniksoft to combine all of this experience as a single, independent developer of products and services for the emergent IoT market. Teqniksoft has the expertise and rapid scalability to quickly ramp IoT development and produce strong results in a very short time. These capabilities make Teqniksoft an incredibly unique and powerful third-party partner for developing IoT solutions.
Teqniksoft has the ability to scale quickly
IoT component suppliers and IoT solutions suppliers both benefit from their design wins moving to volume commercial product as quickly as possible.
While there is a quickly-growing list of opportunities to create IoT solutions, the software industry in the US today is plagued by an acute shortage of software development and engineering talent. According to Forbes Magazine: “The biggest problem facing mobile today is a shortage of talented developers. There is not enough mobile developer talent (iOS talent in particular amongst the folks we talk to in mobile retail) to feed consumer and enterprise demand for apps.” The problem is not just limited to mobile; demand for software developers across the board is only accelerating.
IoT projects can range from relatively simple end-to-end solutions, such as automating home appliances, through very complex enterprise solutions, such as those in oil and gas.
These solutions require pulling together teams of architects, engineers, developers and QA personnel quickly to deliver a complete solution. Many companies are plagued by the difficulty of recruiting and resourcing these teams, given the current shortages of available technical talent. However, with its scale and depth of experience, Teqniksoft can rapidly pull together a complete solutions team by drawing from its design and development centers in the US, Europe and Latin America.
Teqniksoft can provide rapid prototyping by use of lean development principles
Engineering projects are often negatively affected by the bureaucracy associated with large organizations. For its customers, Teqniksoft can create “skunkworks” or rapid prototyping development groups, which can act as an ongoing rapid-development organization with relatively little corporate bureaucracy.
As with any new solution provided to the market, it is important to get product design concepts into prospective customers’ hands as quickly and cost-effectively as possible. Teqniksoft espouses and implements “lean” and “agile” development principles; by putting a “minimum viable product” in a customer’s hands quickly, we can validate and refine the product to drive toward the final required solution.
As a result, Teqniksoft can deliver prototypes and, in turn, commercial product effectively, allowing both the IoT component technology supplier and its customers to benefit from a fast path to a market-validated product.
About Teqniksoft, LLC
Teqniksoft is an international software development company with operations in North America, South America, Europe, and Asia Pacific.
We provide complete product lifecycle solutions for desktop, Web 2.0/Cloud, and mobility applications, and core competency in embedded systems engineering, CPLD and FPGA design and development, integrated circuit and PCB design and development, and building software systems for both Bare-Metal and RTOS environments. We also provide consulting services for all stages of development from architecture through QA, provide component technician services, and we have worked with all of the leading suppliers and manufacturers in the industry.
Our team has architected, designed, developed and delivered commercial products for broad spectrum of clients who range in size from large, public technology companies to early stage start-ups. The solutions cut across industries that range from Rotating Media and Solid State storage systems to viral mobility applications running on iPhone, Android, and many other mobility platforms.