NEW
YORK, Aug. 21, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), the leading
global cloud platform service provider, has been selected for
Gartner's prestigious "Hype Cycle for Smart City and Sustainability
in China, 2024" for the third
consecutive year. This recognition highlights the maturity and
potential of smart city and sustainable development technologies,
as well as their significant market impact.
Eva Na, Vice President of
Marketing and Strategic Cooperation, and CMO of Tuya Smart, expressed her delight at this
achievement. "This accolade not only validates our technological
prowess and industry influence, but also affirms our commitment to
advancing smart city construction in China. As we navigate the complexities of
technological progress, Tuya will continue to lead the way in
addressing weaknesses in smart city infrastructure, bolstering AI
and cloud computing capabilities, and introducing innovative
solutions that propel cities towards a greener, smarter
future."
Empowering the Transformation Towards Future Smart
Living
Gartner's "Hype Cycle for Smart City and Sustainability in
China, 2024" report underscores
the pivotal role of IoT, generative AI, data center networks, and
cloud platforms as the cornerstone of smart city development. These
technologies empower cities to streamline resource and service
management, adeptly tackle intricate urban challenges, and
ultimately, foster a transformed urban environment that
significantly enhances the quality of life for its inhabitants.
At the forefront of this transformation, Tuya remains steadfast
in its commitment to pioneering innovative solutions tailored for
diverse urban settings. From traffic optimization to smart
streetlights, community enhancements, office automation, and
supermarket efficiency, Tuya's solutions have been seamlessly
integrated into these scenarios, revolutionizing urban management
and service delivery. As a result, the company has significantly
contributed to the improvement of people's quality of life, setting
the pace for the future of smart cities.
For instance, Tuya enables developers to craft smart streetlight
solutions that encompass intelligent control, centralized
management, automation, energy conservation, comprehensive
data monitoring, and efficient operation and maintenance, elevating
the management standards of lighting facilities. Through the
intuitive energy consumption dashboard, users can instantly grasp
the energy usage of streetlights, ensuring reliable data support
and bolstering the energy-saving effectiveness of these vital urban
infrastructures. Furthermore, Tuya's smart lighting strategy
intelligently adapts to varying traffic patterns, automatically
adjusting light intensity to cater to the needs of vehicles and
pedestrians, thereby providing a more comfortable and
energy-efficient lighting experience.
Complementing streetlight advancements, smart communities are
emerging as a cornerstone in the smart city landscape. Leveraging
the cloud developer platform, Tuya facilitates a seamless smart
upgrade across diverse scenarios within communities, encompassing
smart homes, parking lots, access control, and elevator management.
This comprehensive approach ensures a seamless transition from
individual home intelligence to an overarching smart community,
enhancing property management and fostering innovation in real
estate development.
As a pioneer in the smart industry, Tuya plays a pivotal role in
the construction of smart cities. Harnessing the formidable
momentum of cutting-edge technology, Tuya relentlessly propels
cities towards unprecedented levels of efficiency and intelligence.
This relentless pursuit not only fosters a quantum leap in urban
development but also significantly elevates the quality of life for
residents, marking a dual triumph for the future of smart
cities.
Empowering with Smart Energy Solutions, to Shape the
Blueprint for Sustainable Development
Since the adoption of the United Nations' 2030 Agenda for
Sustainable Development in 2015, nations and businesses worldwide
have embraced the challenge of addressing climate change and
environmental degradation, actively engaging in conservation
efforts and advancing towards sustainable development. In this
global pursuit, low-carbon and energy-efficient practices have
emerged as paramount priorities across industries.
Recognizing this imperative, Tuya has been at the forefront of
innovation, leveraging emerging technologies like AI and cloud
computing to devise groundbreaking solutions that enable
enterprises in their energy conservation and emission reduction
endeavors. In the energy sector, Tuya's building energy management
system stands as a testament to this commitment. By establishing
carbon emission models and offering tailored energy-saving
strategies, this system enables customers to optimize the energy
efficiency of their buildings, thereby reducing operational costs
and contributing to a greener future.
In the realm of household energy, Tuya has crafted a home energy
management system that revolutionizes energy monitoring for
households. This system offers a seamless visualization of energy
info encompassing lighting, storage, charging, and consumption,
significantly minimizing energy waste and household expenses.
Currently, Tuya's home energy management systems have garnered
widespread adoption across markets in Europe and Southeast
Asia, yielding remarkable outcomes. Notably, in Singapore, Tuya-enabled energy-saving kits
have demonstrated an average energy savings of 25%, with
exceptional households achieving a stunning 54% reduction in
monthly electricity consumption.
Underscoring its commitment to global sustainable development,
Tuya has officially joined the United Nations Global Compact (UNGC)
this year, pledging its full support for the organization's global
action plan. This move signifies international recognition of
Tuya's steadfast dedication to fulfilling its social
responsibilities and opens up new avenues for the company to
contribute meaningfully to sustainable development initiatives
through active participation in discussions and practical
implementations addressing key sustainability challenges.
It is noteworthy that Tuya has garnered recognition in various
Gartner reports this year, including the "Emerging Tech: Top Trends
in Embedded AI Smart Home Products", "Emerging Technology Horizon
for Devices", and "Emerging Tech Impact Radar: Personal
Technologies", among others. This underscores Tuya's profound
expertise and remarkable prowess in integrating AI technology,
constructing smart home ecosystems, and pioneering innovative
device developments.
As a industry leader, Tuya's inclusion in multiple Gartner
reports this year serves as a testament to its relentless pursuit
and exceptional achievements in the realms of smart cities and
sustainable development. Looking ahead, Tuya will continue to
collaborate with intelligent enterprises, to expedite the
manifestation of the alluring vision of smart cities and
sustainable development, painting a vibrant picture for humanity's
future.
Disclaimers:
Gartner's research reports are impartial, not endorsing any
specific vendors, products, or services. They do not advocate for
the exclusive selection of vendors based on ratings or accolades.
Rather, they present the opinions of Gartner's research team, which
should not be construed as factual assertions. Regarding these
reports, Gartner disclaims any explicit or implicit warranties,
including those related to merchantability or suitability for a
specific purpose. Furthermore, "Gartner" and "Hype Cycle" are
trademarks and service marks of Gartner, Inc. and/or its
affiliates, used hereunder with authorization, and all associated
rights are reserved.
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SOURCE Tuya Smart