A robust IoT solution requires multiple devices to work together in real time that involve sensors, electronic devices, the internet, local area networks, cloud servers, and end-user applications. Here are a few best practices for development that IoT companies should follow;
Business case development: IoT development companies collaborate with stakeholders, boards of directors, and C-executives to understand their expectations from IoT solutions and align the product to business needs.
Analyzing the company's development capabilities: Once requirements are gathered, the next stage is to analyze the company's capabilities, such as resources, skills, and infrastructure. For certain services, IoT companies need to network with external vendors. Also, fix the cost of IoT development.
IoT proof of concept (prototype): IoT proof of concept enables companies to check the feasibility of IoT solutions and the risks associated with them. This phase involves developing an MVP or prototype. Everything from sensors to simulators and software security is tested in this phase.
Product development: Once the prototype is approved and finalized, the IoT developers initiate the product development. Developers usually follow an agile development process to develop IoT solutions.
Maintenance and support: Throughout the product timeline, the IoT companies provide comprehensive maintenance and support for new features, version updates, bug fixing, etc.