The rise of the internet of things is clear. According to a study by Red Hat, 21% of organizations have already incorporated IoT projects into their business, 28% plan to do so in the next year and 70% over the next five years.
Given that many companies want to include IoT into their existing business or offerings, the search for in-house talent is becoming grim. Businesses, therefore, opt to outsource part of all of their IoT needs in order to attain the necessary development skills.
Looking at the IoT development stack, various parts of the process can be outsourced. Some companies choose to outsource certain elements of an IoT project because they have some developers in-house but lack specific skills related to the development. This route implies companies can scale up and down quickly.
Before deciding whether or not to employ an outsourcing provider, companies have to look at the needs of an IoT product.
IoT development requirements
The product begins with R&D. Companies must attain the technical skills to build the entire product, employing qualified developers and testers. Creating an IoT product requires more than just a developer. Teams need skills such as microprocessor programming, chip design experts and so forth.
Someone needs to manage the database of information, as well as analytics. What’s more of an issue to businesses is not just someone that can manage the data, but who can also manage security concerns. Data breaches are far too common, so the need for a security specialist is crucial. Someone on the team needs to handle application development platforms and also system integrations.
As there are a couple requirements to develop an IoT-based system, companies often choose to outsource the entire product. Another popular option is to hire an extended team to fill in the technical skills missing internally.
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