Best IoT Development Companies

Etteplan vs Spyrosoft: full comparison for 2026

Quick verdict

Etteplan (4.3/5) edges ahead of Spyrosoft (4.1/5) overall. Etteplan is the better choice for industrial machinery makers, Nordic buyers. Spyrosoft is the stronger option for embedded and automotive teams at Polish rates. The right choice depends on your project size, budget, and required tech stack.

Etteplan vs Spyrosoft: head-to-head summary

Criterion Etteplan Spyrosoft
Founded 1983 2016
HQ Espoo, Finland Wrocław, Poland
Team size 3,500–4,000 1,500+
Rating 4.3 / 5 4.1 / 5
Primary differentiator Mechanical, electrical and embedded engineering in one listed company Large embedded and automotive teams inside a listed Polish group
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, Qt
Industries served Industrial equipment, Energy, Healthcare, Automotive Automotive, Industrial equipment, Healthcare, Energy

Etteplan vs Spyrosoft: 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.

Spyrosoft

Spyrosoft was founded in 2016 and is headquartered in Wrocław, with a UK arm in Dorset. Estimates of its headcount range from about 800 to 1,900. Embedded software, automotive and industrial systems make up a large share of its work, next to general cloud and web development. It is listed on the Warsaw Stock Exchange.

Services and capabilities: Etteplan vs Spyrosoft

Capability Etteplan Spyrosoft
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 Spyrosoft

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

Pricing comparison: Etteplan vs Spyrosoft

Criterion Etteplan Spyrosoft
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 Spyrosoft

Dimension Etteplan Spyrosoft
Best company size Startup to mid-market Startup to mid-market
Best industries Industrial equipment, Energy, Healthcare Automotive, Industrial equipment, Healthcare
Best use cases A machinery maker wants connectivity added to a product line., An energy company needs control electronics redesigned. An automotive supplier needs an HMI team., An industrial firm wants Qt interfaces for machines.
Typical project type Fixed project Dedicated team

Etteplan vs Spyrosoft: 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
Spyrosoft
+ Can staff sizeable embedded teams quickly
+ Public company, so finances are visible
+ Polish location suits EU buyers
- Rapid growth means varying maturity between units
- Little in-house electronics design

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 Spyrosoft?

A typical fit: an automotive supplier needs an HMI team.

Large embedded and automotive teams inside a listed Polish group. Minimum engagement is not publicly disclosed. Works best with clients in Automotive, Industrial equipment, Healthcare, Energy.

Decision matrix: Etteplan vs Spyrosoft

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 Spyrosoft
Your budget is at the lower end Compare: Etteplan (Not published) vs Spyrosoft (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 Spyrosoft

Use case Etteplan fit Spyrosoft 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
An automotive supplier needs an HMI team. Limited Strong Spyrosoft
An industrial firm wants Qt interfaces for machines. Limited Strong Spyrosoft
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 Spyrosoft

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

Spyrosoft (4.1/5) is worth a look in a scenario like this: an industrial firm wants Qt interfaces for machines. If your situation matches that, Spyrosoft is a competitive option.

Related comparisons

Etteplan vs Spyrosoft FAQ

Is Etteplan better than Spyrosoft?

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. Spyrosoft's strongest advantage: can staff sizeable embedded teams quickly.

How do Etteplan and Spyrosoft differ in pricing?

Etteplan uses time and materials, fixed price, managed service pricing. Spyrosoft 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 Spyrosoft?

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 Spyrosoft?

Etteplan's primary differentiator is: Mechanical, electrical and embedded engineering in one listed company. Spyrosoft's primary differentiator is: large embedded and automotive teams inside a listed Polish group. They also differ in team size (3,500–4,000 vs 1,500+), minimum engagement (Not published vs Not published), and primary industries served (Industrial equipment, Energy vs Automotive, Industrial equipment).

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