Unleashing Innovation With IoT Solution Provider in 2023

IoT solution providers deploy IoT solutions to solve a problem or to increase organizational value.

Vidushi Gupta

CEO

Table of Contents

Are you looking for an IoT solution provider who can help you with your dream project? In addition, a simple Google search can be misleading if there are a lot of “Best IoT Solution Providers” nearby.

No worries, you are on the right page. Read on to learn more about what exactly an IoT solution provider offers and how to choose an IoT solution provider for your project.

IOT SOLUTION PROVIDER

Companies and organizations that provide IoT services and solutions are known as IoT solution providers.
These IoT service providers help industries, businesses, and individuals leverage the Internet of Things technology to connect, automate, manage, and derive insights from various devices.

In simple terms, an IoT service provider makes it easy for businesses to use smart technology to collect information, make better choices, and keep everything safe and running smoothly.
With their help, organizations can harness the power of IoT for various applications, including smart cities, industrial automation, home automation, healthcare, agriculture, and more.

ENABLING EFFICIENCY AND RELIABILITY OF BUSINESSES

As businesses across the spectrum are charting their course towards automation, the Internet of Things (IoT) is the technology that is helping them take advantage of the fully integrated environment. IoT is at the forefront of the leading technologies of the present era. IoT solutions cut down on business costs and raise overall productivity. Here is how an IoT solution provider helps in bringing the best out of the Automation: –

THE NEED FOR IOT SOLUTIONS IN YOUR BUSINESS

Today almost every aspect of our lives generates data. This data is especially useful for businesses because they can use it to their advantage. IoT has sparked the interest of many businesses and institutions. In fact, IoT has unlocked business potential in many ways.

1). ENABLING EASE OF MONITORING

IoT enables the integration of all the devices in a network. With this, it becomes quite easy and convenient to monitor the workplace and industrial environment. In the industrial setting, they are used for monitoring gases such as CO, CO2, smog, etc, and also the types of machinery used. They are also used to remotely monitor various parameters and push alert notifications when needed. IoT is used in level monitoring to detect floods and leakages. It is also deployed in the monitoring of water for quality, pollutants, and thermal contaminants. IoT enables environment Monitoring to provide different parameters involved in a business’s growth.

2). PRECISE ANALYTICS IN IOT

IoT devices receive all the necessary data from different devices that enable business leaders to make the right decisions. This data volume is huge and most of it is raw and unusable information. IoT data analytics enables businesses and other agencies that use IoT data to derive actionable insights from the data collected from their devices into valuable knowledge. This knowledge may manifest itself in multiple forms, such as integrated performance metrics, direct insights into user preferences, or timely anomaly detection for remote devices. The different types of IoT analytics solutions include sensor data tracking, predictive maintenance, prescriptive analytics, user behavior analytics, personalized user experience, etc.

3). ENHANCED CUSTOMER EXPERIENCE

IoT is capable of offering real-time diagnostics and analysis of previous data that enables businesses to deliver enhanced customer experiences.

4). COST RATIONALIZATION

When IoT-connected sensors are deployed smartly, they are capable of detecting and preempting potential errors before they harm business workflow, processes, or production output. In this way, they save maintenance costs and also help avoid downtime. Talking about industries such as fleet managementpredictive maintenance of industrial machines, etc, IoT leads to reduced downtime periods and increased machine availability. IoT also ensures automatically scheduled and controlled maintenance, supply of raw materials, and other manufacturing requirements in the industrial setting. Additionally, IoT devices facilitate management within individual departments and across the whole enterprise structure.

IOT DEVELOPMENT CYCLE

The process of moving from the conception stage to the final product is known as the Product Development Life Cycle. An IoT solution development lifecycle consists of both software and hardware development. Let’s have a look at the different stages involved in the development of an IoT solution.

IoT Development Lifecycle

1). GATHERING THE CLIENT’S REQUIREMENTS

First, we get an understanding of the precise requirements of the project. A discussion with the customer takes place to understand his requirements.

2). DESIGNING AND REVIEWING THE CIRCUIT

The next stage is to design an IoT prototype. A team of engineers sets out on the task of transforming the idea with specific technologies, software, circuit design, algorithm, and other essential components to build a prototype.

3). RAPID IOT PROTOTYPING

At this stage, the prototype of the actual product is built. In the journey, till today we have created modules that help us with rapid IoT prototyping.

4). TESTING AND VALIDATION

Post the completion of the IoT prototype, the next step is to test it under various conditions and validate it with its Embedded firmware, software application, and IoT Cloud server. The prototype and its application are validated before taking it forward for manufacturing processes.

5). FABRICATION OF PCB

At this stage, the product prototype is tested over the assembly line to make the product a success.  Tests such as stress testing, defect identification, and individual component testing are performed for the product.

6). MAINTENANCE AND SUPPORT

This stage marks the completion of the development of the product. Now, the maintenance part starts. The product may require modifications from time to time to remain up to date with the latest technologies. The engineers and programmers provide maintenance throughout the product’s lifetime. You developed the product and now new updates, versions, products with added features, etc. can be enhanced regularly, with firmware updates via FOTA.

IOT SERVICES PROVIDED 

Technologies involved in IoT development are IoT hardware and firmware, Backend, IoT Application, cloud application, etc. An IoT solution provider should have an in-house team of developers and possess expertise in the tech stack required in building a full-stack IoT Product.

IoT Service Provider

IOT HARDWARE DESIGN AND DEVELOPMENT

IoT solutions companies design tailor-made IoT hardware which best fits customer needs. The hardware solutions are easy to install and reliable. The IoT Hardware Development includes delivering the initial prototype to manufacturing design.

IOT DEVICE/OS FIRMWARE DEVELOPMENT

Development of Firmware and Embedded software is an important aspect of an IoT solution. Ranging from Industrial and home automation, Home Security, Personal and Asset tracking, Telematics, and M2M solutions to Device Drivers and Automotive systems, IoT solutions companies undertake these tasks to suit specific client requirements. The firmware devices and OS service provider companies deliver complete support for customized boards, application-specific operations programming, communication protocols, and the selection of electronic components.

CLOUD DEPLOYMENT AND CUSTOM VISUALISATION DASHBOARDS

IoT solutions companies offer support and services in Auto Scalable Cloud Deployment, Device management, Data modeling, and cloud connectors for managing hardware. They also develop custom IoT dashboards to visualize data for your IoT devices

IoT cloud integration services offer the development of customized Cloud-native Applications for your IoT devices as well as applications using the already available IoT Platforms such as AWS IoT.

CLOUD/MOBILE APP DEVELOPMENT

IoT solutions companies cover a wide range of apps from the simplest to the most complex IoT web app and IoT mobile applications for any sector automated with IoT, custom web apps, web-based internet applications, IoT wearable appshome automation apps, etc. 

CONNECTIVITY PROTOCOLS IN IOT

Some of the commonly used network protocols in IoT solutions are SigFox, LoRaWAN, Bluetooth, and Zigbee.

The network protocols help in connecting the network of devices with a central node or central gateway. These protocols create a Low Power Local area network and send data to a centralized unit, which is connected to the internet through WiFi or other cellular technologies like NBIoT, LTE-CAT M1, LTE 4G, GSM, etc.

IoT Protocols help in exchanging data between IoT devices as well as from IoT Hardware to the Cloud.

The most commonly used data protocols in IoT solutions include MQTT, HTTP, CoAP, AMQP, and XMPP.

IOT CONSULTING SOLUTIONS

Businesses often face challenges in integrating IoT Solutions. IoT Consultants help you with IoT consulting services across the full spectrum of the IoT ecosystem.

Sectors served by IoT

With the current trend of implementing digital transformation in various businesses, IoT is automating various sectors and possesses great potential to serve even more in the future.

1).  AUTOMOTIVE

Automotive industries need smart and cost-efficient IoT solutions like self-parking, AI interfaces, etc.

2). HEALTHCARE

The healthcare sector banks on IoT solutions companies for innovative IoT solutions for effective staff management and better work management.

3). LOGISTICS

IoT solutions companies help businesses integrate IoT devices to keep track of vehicle performance, driver behavior, fuel consumption, etc.

4). BANKING

Customized banking software solutions help banks improve operational productivity and also enable fast processing, and buffer banks against fraud.

5). SMART HOMES

Smart homes are in demand today as people look for smart voice assistants to do their daily chores. IoT solutions companies help create integrated smart home systems.

6). RETAIL

Retail and e-commerce businesses require smart solutions such as beacons, sensors, smart stores, warehouse automation, customized deals, offers, etc., that add to customer experience and help retailers increase customer engagement and sales.

7). AGRICULTURE

Smart farming techniques help to increase productivity, reduce waste, decrease operational costs, and an IoT. IoT solutions companies help create customized IoT solutions for smart farming.

Conclusion

PsiBorg is among the top IoT Solution Provider company. We understand the intricacies and challenges involved in creating customized integrated IoT solutions for businesses and can help your business leverage the full power of IoT.

Frequently Asked Question

IoT solutions are programs that leverage data captured using Internet of Things devices. IoT solution providers deploy IoT solutions to improve comfort, save time, and optimize tasks. Some good examples of IoT solutions are- refrigeration monitoring, vehicle asset tracking, smart home automation, environmental monitoring, smart cities, smart homes, and much more.

Currently, there is a trend of getting IoT solutions to solve a problem or increase organizational value. IoT solutions boost efficiency, cut costs, and offer real-time insights in industries like manufacturing and healthcare. They enhance safety, reduce environmental impact, and enable remote control of devices.

Vidushi Gupta (CEO)

After a successful stint in a power electronics company, Vidushi is back to what she enjoys the most- conceptualizing new IoT solutions to solve business problems. As the CEO of PsiBorg, she successfully manages to apply her technical and management skills, along with her passion for building new IoT solutions for businesses in all domains.

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