Best IoT App Development Companies

MobiDev vs ELEKS: full comparison for 2026

Quick verdict

MobiDev (4.1/5) edges ahead of ELEKS (3.8/5) overall. MobiDev is the better choice for app-heavy IoT products with AI or AR features. ELEKS is the stronger option for turning device data into business apps. The right choice depends on your project size, budget, and required tech stack.

MobiDev vs ELEKS: head-to-head summary

Criterion MobiDev ELEKS
Founded 2009 1991
HQ Atlanta, Georgia, USA (R&D in Ukraine and Poland) Tallinn, Estonia (engineering hub: Lviv, Ukraine)
Team size 250–500 2,000+
Rating 4.1 / 5 3.8 / 5
Primary differentiator Mobile and web development history plus applied AI and AR work for connected products Data science and enterprise app skills applied to IoT data
Pricing model Time and materials, dedicated team Time and materials, dedicated team
Min. engagement Not published Not published
Primary tech stack Swift, Kotlin, Flutter Azure, AWS, .NET
Industries served Healthcare, Retail, Industrial manufacturing, Smart home Energy, Logistics, Healthcare, Financial services

MobiDev vs ELEKS: overview

MobiDev

Oleg Lola founded MobiDev in Kharkiv in 2009, and the company still runs under his leadership with US and UK legal entities and R&D centres in Ukraine and Poland. Its own company report put the team at 447 people in mid-2022. Connected-device projects joined its mobile and web work around 2014, and it now publishes on AI, AR and IoT. Most of its IoT strength sits in the app and data side rather than in firmware or hardware.

ELEKS

ELEKS was established as a product company in 1991 and now lists Tallinn, Estonia as its headquarters, with most engineers in Ukraine and roughly 2,000 people overall. Its strengths are data science, enterprise software and mobility; IoT work usually appears as part of data or industrial projects. For IoT apps it suits buyers whose main problem is making sense of device data in a business system. It is a weaker fit for device-side engineering.

Services and capabilities: MobiDev vs ELEKS

Capability MobiDev ELEKS
Mobile companion apps ✓ ✓
Web dashboards and portals ✓ ✓
IoT cloud back end ✓ ✓
Embedded firmware ✗ ✗
Hardware design ✗ ✗
Edge AI ✓ ✗
Fixed-price projects ✗ ✗
Dedicated team model ✓ ✓

Tech stack comparison: MobiDev vs ELEKS

Framework / platform MobiDev ELEKS
AWS ✓ ✓
Azure ✓ ✓
Embedded Linux N/A N/A
BLE N/A N/A
MQTT N/A N/A
Swift ✓ N/A
Kotlin ✓ ✓
Flutter ✓ N/A
React Native N/A N/A

Pricing comparison: MobiDev vs ELEKS

Criterion MobiDev ELEKS
Minimum engagement Not published Not published
Engagement models Dedicated team, Time and materials Dedicated team, Time and materials
Rate transparency Not public Not public
Price tier Mid-market Mid-market

Target audience comparison: MobiDev vs ELEKS

Dimension MobiDev ELEKS
Best company size Startup to mid-market Startup to mid-market
Best industries Healthcare, Retail, Industrial manufacturing Energy, Logistics, Healthcare
Best use cases Adding on-device AI to a connected camera or retail sensor app., Building an AR maintenance app that reads live equipment data. Building analytics dashboards for energy or logistics sensor data., Integrating device data with ERP and business systems.
Typical project type Dedicated team Dedicated team

MobiDev vs ELEKS: pros and cons

MobiDev
+ More than 15 years of mobile app delivery
+ Applied AI and AR experience for apps that interpret device data
+ Relocated most staff to safer offices in Chernivtsi and Łódź after 2022
- Little hardware or deep firmware work
- Headquarters is listed differently across sources (Atlanta, Norcross, Sacramento)
- IoT is a secondary practice next to general app development
ELEKS
+ Strong data science and analytics team
+ Long delivery history since the early 1990s
+ Estonian headquarters places it inside the EU
- Little device-side or firmware work
- IoT is not a named core practice
- Large-firm process for small projects

Who should choose MobiDev?

A typical fit: adding on-device AI to a connected camera or retail sensor app.

Mobile and web development history plus applied AI and AR work for connected products. Minimum engagement is not publicly disclosed. Works best with clients in Healthcare, Retail, Industrial manufacturing, Smart home.

Who should choose ELEKS?

A typical fit: building analytics dashboards for energy or logistics sensor data.

Data science and enterprise app skills applied to IoT data. Minimum engagement is not publicly disclosed. Works best with clients in Energy, Logistics, Healthcare, Financial services.

Decision matrix: MobiDev vs ELEKS

Your situation Recommended choice
You need full-ownership delivery on a defined project scope Both offer fixed-price models
You need a large dedicated team for an ongoing programme MobiDev
Your budget is at the lower end Compare: MobiDev (Not published) vs ELEKS (Not published)
You need specialist depth in a specific vertical MobiDev
You need staff augmentation or team extension Neither; consider alternatives that offer staff aug
You need consulting before committing to a build ELEKS

Use case fit: MobiDev vs ELEKS

Use case MobiDev fit ELEKS fit Winner
Adding on-device AI to a connected camera or retail sensor app. Strong Limited MobiDev
Building an AR maintenance app that reads live equipment data. Strong Strong Both equally
Building analytics dashboards for energy or logistics sensor data. Strong Strong Both equally
Integrating device data with ERP and business systems. Limited Strong ELEKS
Fixed-price MVP app Limited Limited Both equally
Long-term dedicated team Limited Limited Both equally

Verdict: MobiDev vs ELEKS

MobiDev (4.1/5) is the stronger overall choice for most IoT App Development projects. Mobile and web development history plus applied AI and AR work for connected products.

ELEKS (3.8/5) is worth a look if you need integrating device data with ERP and business systems. If your situation matches that, ELEKS is a competitive option.

Related comparisons

MobiDev vs ELEKS FAQ

Is MobiDev better than ELEKS?

MobiDev (4.1/5) scores higher overall, but "better" depends on your use case. MobiDev's strongest advantage: more than 15 years of mobile app delivery. ELEKS's strongest advantage: strong data science and analytics team.

How do MobiDev and ELEKS differ in pricing?

MobiDev uses time and materials, dedicated team pricing. ELEKS 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: MobiDev or ELEKS?

MobiDev 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 MobiDev and ELEKS?

MobiDev's primary differentiator is: mobile and web development history plus applied AI and AR work for connected products. ELEKS's primary differentiator is: data science and enterprise app skills applied to IoT data. They also differ in team size (250–500 vs 2,000+), minimum engagement (Not published vs Not published), and primary industries served (Healthcare, Retail vs Energy, Logistics).

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