Top 10 Grocery Retail Software Development Firms Specializing in IoT

The global market for IoT in grocery retail was valued at $57.3 billion in 2024 and is projected to reach $350.85 billion by 2032, growing at a CAGR of nearly 25.9%. According to Statista, the global retail market expanded from $26.18 trillion in 2022 to $28.34 trillion in 2023, with forecasts pointing to $37.67 trillion by 2027, fueling sustained demand for digitalization and grocery retail software development.

Gartner reports that more than 63% of enterprises expect IoT projects to pay off within three years, while RFID and sensor platforms can raise inventory accuracy from ~65% to over 95%. Gartner also notes that real-time store IoT platforms carry “transformational” potential and are moving toward mainstream adoption within the next 2–5 years.

North America has the largest IoT retail share (>31%), while Asia-Pacific shows the fastest growth due to urbanization and smart retail investments. Europe grows steadily, focusing on IoT, data security, and green initiatives like GDPR and energy standards.

IoT development services for grocery retailers are rapidly expanding, helping early adopters gain lasting competitive advantages and shape the future retail landscape. That is why we selected the following 10 companies with proven expertise in grocery retail digitalization.

Top 10 Grocery Retail Software Development Firms Specializing in IoT:

1. Computools

2. SotaTek

3. Solwit SA

4. FCamara

5. Intelegencia

6. Rapidops Inc.

7. WaveAccess

8. First Line Software

9. Techverx

10. Icreon

Selection criteria: How we chose the top 10 firms

To spotlight the most impactful IoT retail technology firm partners, we applied strict selection benchmarks that ensure long-term reliability and measurable business value.

Time on market: Companies with over 10 years of operating history demonstrate resilience, proven delivery practices, and the ability to adapt to evolving retail needs. Longevity reduces business risk.

Team scale: A talent pool of 200+ IT specialists enables providers to support complex, multi-track programs from IoT integration to analytics without bottlenecks in delivery.

Retail track record: Demonstrated results in fashion, grocery, specialty retail, and omnichannel initiatives confirm subject matter expertise and measurable ROI. We focused on the best software companies for grocery stores, as their experience translates into direct performance gains.

Recognition & trust: Presence in global rankings and awards, combined with strong client feedback such as a 4.9/5 Clutch rating, signals transparency, trustworthiness, and consistent quality.

These criteria matter because they align directly with grocery retail software development priorities: the right partner helps retailers accelerate digital transformation, reduce operational risks, and unlock sustainable growth in a highly competitive market.

Top 10 grocery retail software development firms specializing in IoT 

The list features leading innovators providing software solutions for grocery retailers to address margin pressure, supply chain complexity, and rising customer expectations.

1. Computools

Foundation year: 2013

Services: Web and mobile development, UI/UX design, Software architecture services, Data & Analytics, CX strategy and design, DevOps development, business process automation, Support and maintenance, Cloud app development, AI development, Custom software engineering 

Minimum Project Size: $50,000+

Industries: Retail, Logistics, Finance, Banking, Healthcare, Travel and Hospitality, Energy

Top Clients: Visa, EPSON, Dior, Caribbean Bank, British Council  

Number of Employees: 250-999

Location: Poland, Ukraine, United Kingdom, USA, Austria, Japan, Germany, Israel, UAE, Norway

Computools is a global engineering partner delivering solutions across industries, with retail as one of its key priorities. The company unites 250+ engineers, has completed over 400 projects, and maintains offices in Ukraine, Poland, the USA, the UK, Germany, and Israel.

Quality and security are supported by ISO 9001:2015 and ISO/IEC 27001:2013 certifications, while repeated recognition in the IAOP Global Outsourcing 100 highlights consistent delivery standards.

For grocery retailers, where razor-thin margins, inventory accuracy, and seamless delivery experiences are critical, Computools provides tailored retail software development services to digitize operations end-to-end. Solutions cover POS and checkout modernization, scalable grocery commerce platforms, store digitization, last-mile delivery apps, and embedded analytics.

These address pain points such as out-of-stock issues, rising return rates, inefficient manual processes, and customer demand for frictionless shopping.

The company’s retail track record includes over 20 successful projects. Examples include a collaboration platform for a global apparel retailer that accelerated product development and decision-making, as well as the TRY IT ON virtual try-on app, which drove a 20% boost in online sales and a 30% reduction in returns.

Both showcase Computools’ strength in eCommerce development services and innovation with measurable impact—an approach directly transferable to the grocery segment, where speed, accuracy, and customer trust are essential.

2. SOTATEK JSC

Foundation year: 2015

Services: Blockchain, Custom Software Development, AI Development, CRM Consulting and SI, Mobile App Development, Web Development

Minimum Project Size: $10,000+

Industries: Financial services, Arts, entertainment & music, Education, Gaming, Medical, Real estate, Retail, Supply Chain, Logistics, and Transport, eCommerce

Top Clients:  Doosan, Yamaha, Lemon Healthcare, Megazone Cloud, Metanet Global

Number of Employees: 1,000 – 9,999

Location: Vietnam, Australia, Japan

SotaTek ranks among the leading retail automation software providers, delivering custom platforms that enhance merchandising, CRM, and omnichannel eCommerce. The company applies advanced IoT applications in grocery industry, enabling real-time inventory tracking, smarter customer engagement, and seamless supply chain visibility. 

3. Solwit SA

Foundation year: 2011

Services: Application Testing, Custom Software Development, Cloud Consulting & SI, IoT Development

Minimum Project Size: $5,000+

Industries: Information technology, Financial services, Manufacturing, Retail, Utilities, Automotive, Medical

Top Clients:  Estyl.pl, SquareRoot AS, Learnetic S.A.

Number of Employees: 250 – 999

Location: Poland

Since 2023, part of the Alten Group, Solwit SA delivers end-to-end software services and IT solutions with strong expertise in embedded systems, IoT, and safety-critical applications. The company supports industries from transportation and healthcare to fintech and retail, providing retail IoT solutions that enhance data-driven operations, real-time analytics, and customer engagement.

For grocery and omnichannel retailers, Solwit develops custom grocery retail software that enables phygital transformation, streamlines inventory visibility, and powers personalized shopping experiences through AI and IoT. With certifications in ISO 27001 and ISO 22301, Solwit is recognized by Deloitte Fast 500 and FT1000. 

4. FCamara

Foundation year: 2006

Services: API Development, Cloud Consulting & SI, Custom Software Development, E-Commerce Development, Enterprise App Modernization, IT Staff Augmentation, IT Strategy Consulting

Minimum Project Size: $5,000+

Industries: Retail, eCommerce, Consumer products & services, Financial services, Manufacturing, Medical

Top Clients:  Johnson & Johnson, Coca-Cola, Nestlé, Visa

Number of Employees: 1,000 – 9,999

Location: Brazil, Portugal, England, United Arab Emirates

FCamara is a Latin American technology and innovation ecosystem focused on retail digital transformation. With 17+ years on the market and collaborations with 9 of the 10 largest retailers in Brazil, the company delivers omnichannel commerce, IoT-enabled retail platforms, data/AI/GenAI, and scalable delivery models (staff augmentation, managed teams, squads).

Recognized as Best E-commerce Services Provider by ABCOMM, FCamara also specializes in mobile app development for supermarkets, helping businesses boost personalization, conversion rates, and operational efficiency through end-to-end digital solutions.

5. Intelegencia

Foundation year: 2009

Services: BI & Big Data Consulting & SI, Custom Software Development, Application Testing, Cloud Consulting & SI, DevOps Managed Services, IT Managed Services, Mobile App Development, UX/UI Design, Web Development

Minimum Project Size: $25,000+

Industries: Financial services, Food & Beverage, Information technology, Manufacturing, Retail, Telecommunications, eCommerce

Top Clients:  Sight Machine, Snapchat, Apple Search Ads, Meta Business Partner

Number of Employees: 1,000 – 9,999

Location: Philippines, India

Since 2009, Intelegencia has been delivering scalable digital solutions in software engineering, data analytics, cloud, and mobile development.

As one of the experienced retail management software developers, Intelegencia also focuses on IoT grocery store management, helping businesses improve efficiency, customer experience, and ROI through end-to-end e-commerce digital services, marketplace optimization, and custom store development.

6. Rapidops, Inc.

Foundation year: 2008

Services: Custom Software Development, Enterprise App Modernization, Mobile App Development, Web Development, AI Development

Minimum Project Size: $100,000+

Industries: Retail, Manufacturing, Other industries, Medical

Top Clients:  Dassault Systèmes, Harris Teeter, BigCommerce, FlexTG, Tresata

Number of Employees: 250 – 999

Location: USA, India

Founded in 2008, Rapidops is a technology, transformation, and analytics company that builds advanced digital products and platforms for industries including retail, manufacturing & supply chain, healthcare, and technology.

The company delivers custom software for grocery chains. It provides enterprise IoT development solutions that support omnichannel strategy, next-gen eCommerce, data analytics, and AI-driven optimization, helping retailers modernize operations, enhance customer experiences, and drive sustainable growth.

7. WaveAccess

Foundation year: 2000

Services: Custom Software Development, AI Development, CRM Consulting and SI, Enterprise App Modernization, IT Staff Augmentation, IoT Development, Mobile App Development, Web Development

Minimum Project Size: $50,000+

Industries: Business services, Financial services, Information technology, Manufacturing, Retail, Supply Chain, Logistics, and Transport, eCommerce

Top Clients:  CaptureNow, Jisp, Transaction-Network GmbH & Co. KG

Number of Employees: 250 – 999

Location: Germany, Denmark, Armenia

WaveAccess is an international software engineering company delivering high-quality custom software engineering services for emerging and established businesses worldwide. With a focus on innovation, scalability, and risk reduction, WaveAccess develops software for supermarket chains and provides tailored grocery retail software development to improve operations, enhance customer engagement, and drive measurable growth.

Recognized with awards from Microsoft and the Academy of Motion Pictures, and featured by Clutch and other global directories, the company combines technical excellence with proven industry impact.

8. First Line Software

Foundation year: 2019

Services: Custom Software Development, AI Development, Generative AI, Cloud Consulting & SI, IT Staff Augmentation, Mobile App Development, Application Management & Support

Minimum Project Size: $10,000+

Industries: Medical, Advertising & marketing, Real estate, Manufacturing, Retail, eCommerce

Top Clients:  ProspectStream Software, Inc, Modern Trials, Triptych

Number of Employees: 250 – 999

Location: USA, Netherlands, Czech Republic, Germany, Slovakia, Montenegro

First Line Software delivers bespoke technology solutions designed to solve complex business challenges and accelerate digital transformation. With decades of experience, the company has pioneered Agile, Public Cloud, and DevSecOps practices, and today leads in GenAI-powered software development.

By integrating advanced generative AI tools into its processes and developing proprietary accelerators, First Line helps clients achieve faster time-to-market, better quality, and long-term technological leadership. The team also specializes in developing grocery retail applications, assisting retailers in modernizing operations and creating seamless, data-driven customer experiences.

9. Techverx

Foundation year: 2010

Services: Custom Software Development, Web Development, CRM Consulting and SI, Mobile App Development, UX/UI Design

Minimum Project Size: $10,000+

Industries: Financial services, Medical, Retail, Supply Chain, Logistics, and Transport, Advertising & marketing, Automotive

Top Clients:  

Number of Employees: 250 – 999

Location: Canada

Techverx is a custom software development company with 300+ engineers and 380+ delivered projects across startups and enterprises. The team builds retail-grade platforms POS/eCommerce, data & AI, cloud/edge. It drives grocery retail digital transformation with IoT technology, delivering smart shelves, RFID tracking, and automated checkout for frictionless shopping and accurate inventory control.

Services include consulting, discovery, custom web/mobile development, DevOps/DevSecOps, modernization, and staff augmentation, all delivered with right-sizing, predictable timelines, and long-term support.

10. Icreon

Foundation year: 2000

Services: Digital Strategy, Cloud Consulting & SI, E-Commerce Development, Enterprise App Modernization, Web Development, Custom Software Development

Minimum Project Size: $50,000+

Industries: Financial services, Manufacturing, Non-profit, Retail, Legal

Top Clients:  Pepsi, Lincoln, Ferrari, Major League Baseball

Number of Employees: 250 – 999

Location: USA

Icreon has partnered with Fortune 500 brands and global enterprises to deliver transformative digital experiences that drive measurable ROI. With 400+ experts, the company specializes in custom software design, digital transformation, CX strategy and design, digital commerce, and AI personalization.

Using composable architecture, IoT engineering, and partnerships with Sitecore, Optimizely, Adobe, AWS, and Azure, Icreon offers scalable, secure, and cost-effective solutions to modernize operations and gain competitive edges in retail and beyond.

The increasing demand for efficiency, personalized experiences, and real-time insights is changing how supermarkets and retailers use technology. IoT product engineering is now a key competitive driver, not optional. IoT enables automated checkouts, smart shelves, predictive analytics, and omnichannel platforms, helping retailers cut costs, reduce waste, and boost customer loyalty.

By adopting custom IoT solutions for supermarket chains, businesses can unify operations, ensure inventory accuracy, and provide seamless shopping at scale. The future of grocery retail belongs to those combining software expertise with IoT innovation, turning complexity into growth.

For retailers looking to connect online and offline operations better, this E-commerce Integration Guide explains how seamless integrations can improve processes and provide consistent customer experiences.

Why Computools leads?

While many vendors demonstrate strong delivery capabilities, Computools stands out with a proven mix of scale, certifications, and measurable business results in grocery retail software development.

Operational efficiency for complex retail chains. In projects such as Reenox, Computools built a centralized marketplace and inventory platform that improved data transparency and raised overall productivity by 20%.  This kind of inventory accuracy directly reduces costly stock-outs and overstocks for grocery retailers facing frequent assortment changes and constant demand shifts.

Customer experience innovation with measurable impact. The TRY IT ON solution applied AR to drive a 20% uplift in online sales and reduce returns by 30%. Although created for fashion, the underlying approach of boosting purchase confidence, enabling seamless checkout, and supporting contactless delivery is highly relevant to grocery, where frictionless customer journeys determine loyalty.

Acceleration of product and assortment planning. The Apparel platform streamlined collaboration between merchandising teams and integrated with PLM systems, cutting time-to-market and improving decision-making. For grocery businesses, the same capability translates into faster resets, regionalized planograms, and enhanced agility in response to consumer demand.

Why it matters: Computools brings together over 250 engineers, more than 20 retail projects, ISO 9001:2015 and ISO/IEC 27001:2013 certifications, and recognition on the IAOP Global Outsourcing 100.

This mix of technical expertise and domain specialization enables grocery retailers to reduce operational risks, increase efficiency by up to 40%, and capture growth opportunities in highly competitive markets. For companies seeking reliable digital solutions for grocery retail business, Computools offers a proven path to long-term transformation and measurable ROI.

For more details on grocery retail software development and proven case studies, contact info@computools.com. Our team will provide insights and guidance.