There are 1 Companies in Iceland
that provide IoT Development Services!

Iceland is a small and highly integrated society, where consumers are quick to adapt to new technologies. The progressive and peaceful population lives in harmony with the forces of nature. Geothermal energy and glacial rivers provide efficient green energy, and at the same time, nature and landscape provide continuous creative inspiration.

Icelandic companies are born global due to the small domestic market. The population is small, which requires flexibility and a willingness to adopt new technologies. The level of education is high, with people seeking education on both sides of the Atlantic, and the nation has proved to have a talent for innovation. Characterized by their surroundings, the Icelandic people are flexible, energetic, and hard-working, with a relaxed and informal attitude towards life, and open and welcoming towards newcomers. 

Why You Should Work With IT Companies From Iceland

The high level of education that stimulates young people to opt for the IT industry, digital agencies that are located, or have an office in Iceland, is boosted by skilled professionals eager to try what the digital industry is like. 

In these regards, Icelandic IT companies are in a win-win situation. While young professionals try their skills and practice software services, the companies enjoy the business environment, cultural and social particularities that make them unique in the market, and offer them an opportunity to provide authentic Icelandic IT services. 

What to Be Aware of When Working With an Icelandic IT Company. 

As mentioned above, most Icelandic IT companies are born outside the borders, which means that out of the entire number of potential IT companies, some of them may have a dubious reputation. However, several key elements could help identify the best, such as portfolio, years of experience, number of employees, hourly rates, location, and names. 

Here at Tech Behemoths, we recommend paying attention to these factors for all cases and companies, not only in the case of the Icelandic ones. 

How Reliable Are Icelandic IT Companies

With all the things you need to pay attention to, some things reassure customers of their choice. Standards that IT companies based in Iceland have been among the best in Europe. Quality control, communication between software agencies and their clients must be at the highest level, according to the national legislation. Otherwise, the fees a company has to pay are enormous. Not to mention the reputation of these companies will be lost.

How Does the Icelandic IT Industry Relate to the Neighboring Countries?

When we talk about Iceland, we have in mind a country with no land borders. However, the close proximity to the US stimulated the country’s IT industry to improve the quality of services and take advantage of the customer base established there. 

However, the biggest consumer of Icelandic IT and software services is the EU. Even though the numbers are not significantly high for the country, they represent good progress compared to previous years. According to Statista, the expected revenue in Iceland’s market of IT services is $284.79 million, reaching $396.92 million by 2030.

Sooner rather than later, Iceland will become one of Europe’s most attractive tech hubs, since the digital progress the country registers is one of the fastest-growing on the continent. This, together with the beautiful views, the country will attract companies, tech workers, and also clients in the near future.

IoT (Internet of Things) is a giant network with connected devices. These devices collect and share data about how they are used and the environment in which they are operated. 

IoT Development is the process of creating and deploying Internet of Things (IoT) devices and applications. Everything is done using sensors that are built into every physical device. These sensors continually emit data about the working state of devices and send it to the IoT platform, further analytics is performed on the data and valuable information is extracted as per requirement. The output is shared with other devices for a better user experience.

IoT Development has gained immense popularity in recent years, as the number of connected devices continues to grow at a rate of 25% year-over-year. By 2025, it is estimated that there will be over 30.9 billion IoT-connected devices worldwide.

Most IoT devices have the word smart at the start of their names: smartphones, smart watches, smart DVS, and smart homes. All these smart technologies are one of the essential criteria on which smart cities rely. 

As we see Internet of Things (IoT) development plays an important role:

• Improve operations by collecting and analyzing data from IoT devices.

• Increase efficiency by automating tasks and processes.

• Reduce costs by optimizing their operations.

• Create new revenue streams by offering new IoT-based products and services.

When choosing an IoT Development service provider for a project, we suggest you consider the following criteria:

• Look for a company with experience and expertise in IoT development, and a skilled team of IoT specialists.
• Check for reviews and feedback from previous clients.
• Make sure the company understands your needs.
• Ensure the company prioritizes data security
• Consider the level of post-development support

Custom IoT development can be a complex and challenging process, but TechBehemoths is a valuable resource for finding the best IoT Development companies for your projects with over 1228 companies in 85+ countries. The platform provides detailed company profiles, client reviews, and ratings to help you evaluate and compare different service providers and choose the one that meets your needs.

We’ve created also a powerful filter that you can use to narrow down the results based on your requirements and shortlist the companies. 

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour.