Best IoT Development Companies

Etteplan vs Sirin Software: full comparison for 2026

Quick verdict

Etteplan (4.3/5) edges ahead of Sirin Software (4.2/5) overall. Etteplan is the better choice for industrial machinery makers, Nordic buyers. Sirin Software is the stronger option for firmware and IoT apps at Ukrainian rates. The right choice depends on your project size, budget, and required tech stack.

Etteplan vs Sirin Software: head-to-head summary

Criterion Etteplan Sirin Software
Founded 1983 2014
HQ Espoo, Finland Florida, United States (R&D in Kyiv, Ukraine)
Team size 3,500–4,000 50–200
Rating 4.3 / 5 4.2 / 5
Primary differentiator Mechanical, electrical and embedded engineering in one listed company US contracting with a Kyiv embedded team
Pricing model Time and materials, fixed price, managed service Time and materials, dedicated team
Min. engagement Not published Not published
Primary tech stack Embedded C/C++, Embedded Linux, PCB design Embedded C/C++, Embedded Linux, BLE
Industries served Industrial equipment, Energy, Healthcare, Automotive Consumer electronics, Healthcare, Smart home, Industrial equipment

Etteplan vs Sirin Software: overview

Etteplan

Etteplan is a Finnish engineering services company with around 3,800 to 4,000 staff in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. Its Software and Embedded Solutions unit develops embedded software, electronics and IoT systems for industrial manufacturers. In March 2026 the company finished change negotiations in that unit covering 336 people in Finland and cut up to 28 jobs. It also does mechanical engineering and technical documentation, which is useful when a product needs more than electronics.

Sirin Software

Sirin Software was founded in March 2014 and has its R&D centre in Kyiv, with the company registered in Florida. A 2016 merger with Lampa Studio added mobile and web development. Directories now put the team at 50 to 200 people. Embedded systems, IoT and server-side software are its core business.

Services and capabilities: Etteplan vs Sirin Software

Capability Etteplan Sirin Software
Electronics & PCB design ✓ ✗
Firmware & embedded software ✓ ✓
Wireless connectivity ✓ ✓
IoT cloud platforms ✓ ✓
Mobile & web apps ✗ ✓
Edge AI & data ✗ ✗
Prototyping & manufacturing support ✓ ✗
Dedicated team model ✗ ✓

Tech stack comparison: Etteplan vs Sirin Software

Framework / platform Etteplan Sirin Software
Embedded C ✓ ✓
Embedded Linux ✓ ✓
RTOS N/A N/A
BLE N/A ✓
LoRaWAN N/A N/A
AWS IoT N/A ✓
Azure IoT ✓ N/A
FPGA N/A N/A

Pricing comparison: Etteplan vs Sirin Software

Criterion Etteplan Sirin Software
Minimum engagement Not published Not published
Engagement models Fixed project, Managed service, Time and materials Dedicated team, Time and materials
Rate transparency Not public Not public
Price tier Mid-market Mid-market

Target audience comparison: Etteplan vs Sirin Software

Dimension Etteplan Sirin Software
Best company size Startup to mid-market Startup to mid-market
Best industries Industrial equipment, Energy, Healthcare Consumer electronics, Healthcare, Smart home
Best use cases A machinery maker wants connectivity added to a product line., An energy company needs control electronics redesigned. A smart home brand needs firmware and a companion app., A device maker wants a Linux gateway connected to the cloud.
Typical project type Fixed project Dedicated team

Etteplan vs Sirin Software: pros and cons

Etteplan
+ Can handle mechanical design and documentation as well as electronics
+ Public listing gives transparency on finances
+ Large Nordic industrial client base
- Cut up to 28 jobs in its embedded unit in Finland in March 2026
- Heavier process and overhead than boutique IoT firms
Sirin Software
+ Good balance of firmware and app development
+ US entity for contracting
+ Lower rates than Western European IoT firms
- Delivery is concentrated in Kyiv, so continuity plans need checking
- Limited circuit design capability

Who should choose Etteplan?

A typical fit: a machinery maker wants connectivity added to a product line.

Mechanical, electrical and embedded engineering in one listed company. Minimum engagement is not publicly disclosed. Works best with clients in Industrial equipment, Energy, Healthcare, Automotive.

Who should choose Sirin Software?

A typical fit: a smart home brand needs firmware and a companion app.

US contracting with a Kyiv embedded team. Minimum engagement is not publicly disclosed. Works best with clients in Consumer electronics, Healthcare, Smart home, Industrial equipment.

Decision matrix: Etteplan vs Sirin Software

Your situation Recommended choice
You need full-ownership delivery on a defined project scope Etteplan
You need a large dedicated team for an ongoing programme Sirin Software
Your budget is at the lower end Compare: Etteplan (Not published) vs Sirin Software (Not published)
You need specialist depth in a specific vertical Etteplan
You want engineers added to your own in-house team Neither lists team extension; ask about dedicated teams
You need the circuit board designed as well as the firmware Etteplan

Use case fit: Etteplan vs Sirin Software

Use case Etteplan fit Sirin Software fit Winner
A machinery maker wants connectivity added to a product line. Strong Limited Etteplan
An energy company needs control electronics redesigned. Strong Limited Etteplan
A smart home brand needs firmware and a companion app. Limited Strong Sirin Software
A device maker wants a Linux gateway connected to the cloud. Limited Strong Sirin Software
You need custom electronics designed, not only firmware Strong Limited Etteplan
You want a fixed-price first phase before a longer engagement Strong Limited Etteplan

Verdict: Etteplan vs Sirin Software

Etteplan (4.3/5) is the stronger overall choice for most IoT Development projects. Mechanical, electrical and embedded engineering in one listed company.

Sirin Software (4.2/5) is worth a look in a scenario like this: a device maker wants a Linux gateway connected to the cloud. If your situation matches that, Sirin Software is a competitive option.

Related comparisons

Etteplan vs Sirin Software FAQ

Is Etteplan better than Sirin Software?

Etteplan (4.3/5) scores higher overall, but "better" depends on your use case. Etteplan's strongest advantage: can handle mechanical design and documentation as well as electronics. Sirin Software's strongest advantage: good balance of firmware and app development.

How do Etteplan and Sirin Software differ in pricing?

Etteplan uses time and materials, fixed price, managed service pricing. Sirin Software uses time and materials, dedicated team pricing. Neither firm publishes a full rate card; a discovery call is required for project-specific quotes.

Which is better for enterprise: Etteplan or Sirin Software?

Etteplan is the larger team and typically the better enterprise-scale choice. For very large programmes, verify team size and compliance coverage directly with each company before shortlisting.

What are the main differences between Etteplan and Sirin Software?

Etteplan's primary differentiator is: Mechanical, electrical and embedded engineering in one listed company. Sirin Software's primary differentiator is: US contracting with a Kyiv embedded team. They also differ in team size (3,500–4,000 vs 50–200), minimum engagement (Not published vs Not published), and primary industries served (Industrial equipment, Energy vs Consumer electronics, Healthcare).

Verify all details directly with each company before making a decision.