Best IoT Development Companies

Etteplan vs SoftServe: full comparison for 2026

Quick verdict

Etteplan (4.3/5) edges ahead of SoftServe (4.0/5) overall. Etteplan is the better choice for industrial machinery makers, Nordic buyers. SoftServe is the stronger option for cloud IoT platforms and digital twins. The right choice depends on your project size, budget, and required tech stack.

Etteplan vs SoftServe: head-to-head summary

Criterion Etteplan SoftServe
Founded 1983 1993
HQ Espoo, Finland Austin, United States and Lviv, Ukraine
Team size 3,500–4,000 10,000+
Rating 4.3 / 5 4.0 / 5
Primary differentiator Mechanical, electrical and embedded engineering in one listed company Cloud partner depth and large teams for IoT data platforms
Pricing model Time and materials, fixed price, managed service Dedicated team, time and materials, managed service
Min. engagement Not published Not published
Primary tech stack Embedded C/C++, Embedded Linux, PCB design AWS IoT, Azure IoT, Google Cloud
Industries served Industrial equipment, Energy, Healthcare, Automotive Industrial equipment, Healthcare, Energy, Retail

Etteplan vs SoftServe: 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.

SoftServe

SoftServe began in Lviv in 1993 and is co-headquartered in Austin, Texas, with about 13,100 employees in 2025 by Revelio Labs' estimate. Its IoT work is mostly on the cloud and data side: device management, analytics and digital twins on AWS, Azure and Google Cloud. Embedded engineers are available, but they are a small part of the business. Delivery comes mainly from Ukraine, Poland, Bulgaria and Latin America.

Services and capabilities: Etteplan vs SoftServe

Capability Etteplan SoftServe
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 SoftServe

Framework / platform Etteplan SoftServe
Embedded C ✓ N/A
Embedded Linux ✓ N/A
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 SoftServe

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

Target audience comparison: Etteplan vs SoftServe

Dimension Etteplan SoftServe
Best company size Startup to mid-market Enterprise
Best industries Industrial equipment, Energy, Healthcare Industrial equipment, Healthcare, Energy
Best use cases A machinery maker wants connectivity added to a product line., An energy company needs control electronics redesigned. A manufacturer needs a digital twin of a production line., An energy firm wants analytics on smart meter data.
Typical project type Fixed project Dedicated team

Etteplan vs SoftServe: 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
SoftServe
+ Strong cloud and data engineering
+ Very large talent pool
+ Experience with digital twins
- Device and hardware work is a small part of the business
- Headcount slipped about 3% in 2025

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 SoftServe?

A typical fit: a manufacturer needs a digital twin of a production line.

Cloud partner depth and large teams for IoT data platforms. Minimum engagement is not publicly disclosed. Works best with clients in Industrial equipment, Healthcare, Energy, Retail.

Decision matrix: Etteplan vs SoftServe

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

Use case Etteplan fit SoftServe 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 manufacturer needs a digital twin of a production line. Limited Strong SoftServe
An energy firm wants analytics on smart meter data. Limited Strong SoftServe
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 SoftServe

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

SoftServe (4.0/5) is worth a look in a scenario like this: an energy firm wants analytics on smart meter data. If your situation matches that, SoftServe is a competitive option.

Related comparisons

Etteplan vs SoftServe FAQ

Is Etteplan better than SoftServe?

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. SoftServe's strongest advantage: strong cloud and data engineering.

How do Etteplan and SoftServe differ in pricing?

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

Which is better for enterprise: Etteplan or SoftServe?

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 SoftServe?

Etteplan's primary differentiator is: Mechanical, electrical and embedded engineering in one listed company. SoftServe's primary differentiator is: cloud partner depth and large teams for IoT data platforms. They also differ in team size (3,500–4,000 vs 10,000+), minimum engagement (Not published vs Not published), and primary industries served (Industrial equipment, Energy vs Industrial equipment, Healthcare).

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