diff --git a/.gitignore b/.gitignore
index ab4ba81ba45d2eb7295a7e4385aea591754c9746..c499625228e4fbe29ee8001e52738046c6782183 100644
--- a/.gitignore
+++ b/.gitignore
@@ -25,7 +25,7 @@ share/python-wheels/
 .installed.cfg
 *.egg
 MANIFEST
-requirements.txt
+# requirements.txt  # removed to enable tracking versions of packages over time
 
 # PyInstaller
 #  Usually these files are written by a python script from a template
diff --git a/install_development_dependencies.sh b/install_development_dependencies.sh
index b4c1b4777505c6053234ec5d1343c5743cb9152a..4f395df2a27f5ef49b600688ae1563aa791b2178 100755
--- a/install_development_dependencies.sh
+++ b/install_development_dependencies.sh
@@ -1,3 +1,24 @@
 #!/bin/bash
 
-pip install --upgrade pip setuptools wheel pip-tools pylint pytest pytest-benchmark coverage
+# installing basic tools
+pip install --upgrade pip setuptools wheel pip-tools pylint pytest pytest-benchmark coverage grpcio-tools
+
+# creating an empty file
+echo "" > requirements.in
+
+#TODO: include here your component
+COMPONENTS="compute context device monitoring"
+
+# compiling dependencies from all components
+for component in $COMPONENTS
+do
+    echo "computing requirements for component $component"
+    diff requirements.in src/$component/requirements.in | grep '^>' | sed 's/^>\ //' >> requirements.in
+done
+
+pip-compile --output-file=requirements.txt requirements.in
+python -m pip install -r requirements.txt
+
+# removing the temporary files
+rm requirements.in
+rm requirements.txt