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Create reliable products that delight your customers

Electronic Product Development Services

Electronic product development services designed to help you succeed

Develop a Product
Turn your idea into a profitable product

Design For Success

Electronic Product Development with the right skillset

Your creative team of problem-solving experts

If you’re developing an electronic product then you’ll know there are many elements to the perfect design.

Combine your expert knowledge with our team’s excellence in electronics design.

We can bring alternate perspectives, experience, ideas and knowledge to complete the picture.

Hardware design expertise and embedded software development engineers at your fingertips!

Make electronic product design a smooth process and work with our award winning team.

Book your first Ignys meeting

Designed around you

Your electronic product development programme

As soon as you’ve had an idea for a product, you’re losing money every day it’s not on the market. Stack the odds of success in your favour by working with an electronics design consultancy.

This way you can have access to the right expertise to support you through every step of the product journey, from the initial discovery meeting through to New Product Introduction for volume manufacturing.

Gain access to the right blend of skills and processes to get to market quickly and with confidence

Develop my product

Product development close attention on pcb

3 things to read next

Design Reviews Ultimate FAQs – Your questions answered

Fabrikat Product Development Story – Read the case study here

Product Development at a Glance – Download your Ignys design leaflet

Product development FAQs
Use engineers who love your project the way you do

How is your electronic product development going?

Book Your First Ignys meeting

The best way to find out if we’re a good fit for you is to meet us in person.

The quickest way to do that is to book a virtual meeting to talk about your electronic product development.

Send us an email to start the conversation

Book a virtual meeting

Clients we've helped

Case studies from Ignys Ltd

What sectors do Ignys work in?

We work in a vast variety of sectors as part of our varied electronic product development services.

Read our sectors and stories blog

Here is just a taste of the sectors we help.

  • IoT (Internet of Things)
  • Communication including radio/telecommunications
  • Remote monitoring
  • Healthcare and Hygiene 
  • Drone Technology 
  • Renewable Energy
  • Smart Technology 

If you don’t work in the sectors above talk to us anyway, if we can’t help chances are we know just who can!

Related blog: Should I test my own product?

How long have Ignys being going for?

Ignys have been around for over 4 years, founded in 2017 by experienced engineer Richard Fletcher who dreamt of helping engineering teams, product developers, in the UK and beyond, and great tech inventors to bring great ideas to life.

Read how we expanded in our 4 year blog

Hot trends in electronic product development

Chip shortages are causing concern for everyone involved in electronic product development. We spread the word with our in-depth blog on why chip shortages are happening and what to do about them.

Where does the money come from for product development

Money spilling out of a pot

So, you have a great idea for a product and now it’s time to bring it to market. There is a lot to keep in mind, but the main requirement is money. The question on the mind of pretty much every developer in this situation is, where does this money come from? Don’t worry, we’ve put a few options together for you below:

Personal Funding 

Your personal bank account is the first place that you’re going to need to look for funding. Maybe you’ve had a lucrative business in the past and are now looking to fund the development of your new idea. The Bank of Mum & Dad, and other relatives willing to fund part of your financial needs also fits in here. Perhaps you’ve won the lottery or have a very generous aunt. Either way, you are going to need to fork out some money to get the development process underway.

Bootstrapping  

Similar to dipping into your own funds, bootstrapping allows you to get your project started. However, it is done at a much slower pace which allows you to keep your finances in check while still progressing with your project. You may consider a part-time job that coincides with this to keep a flow of revenue into your product development.

If you can bootstrap your business until there is, at least, some revenue coming in, you will be in a far better position to raise external investment.

External Investment 

If you aren’t able to rely on personal funding to get your product to market, you may want to look into external investment. This can be in the form of borrowing from investors or taking out a loan. Alternatively, you can try your hand at crowdfunding or equity funding. These are all good options that provide you with the necessary funds but will come at a cost at some point down the line.

External investors will look at what progress you have made using your own personal funds before they will invest in your business. There are very few external investors who will invest in something when you haven’t invested yourself.

R&D Tax Credits 

R&D tax credits are a lifesaver for serial development companies. This allows your company to claim tax relief if you are spending money on research and development. So if you are continually researching and developing new products or making alterations to existing products, check your eligibility for R&D tax credits. The R&D from previous projects can help pay off a chunk of the next one.

Overall, navigating the world of product development is no easy task, especially when you are unsure of where your funding is coming from. The best way to approach the money side of product development is to be realistic with how much you will need and where you are going to source it. Hopefully, this article has brought clarity to the different avenues from which your project’s funding may come from.

If you have any further questions about product development and funding options, get in touch. We’re happy to pass along any new information we may have!

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