Tuya Smart is a leading IoT cloud platform with worldwide recognition, it helps customers and brand partners participate and expertly navigate the complicated smart home market. During the recent event in the “Global IoT Press Meeting” series, they discussed IoT trends, challenges during the pandemic, and shared insights from partners.
Speakers include Jeff Immelt, Chairman of Tuya Smart US; Fritz Werder, General Manager of Tuya Smart North America; Andrew Howard, Tuya Smart’s Head of Business Development for North America; and representatives from Monster, BAZZ, SATCO, Bluetooth SIG and ioXt. The meeting introduced the Tuya’s IoT cloud platform and how it provides a one-stop PaaS-level solution, connecting hardware development tools, cloud services, and smart business platform development. As of March this year, there were over 310,000 device SKUs powered by Tuya in over 1,100 product categories.
Tuya can assist customers with conceptualizing strategy, sourcing, user interface, and product development. Their vision to become the largest global IoT cloud platform is centered around three strategic business areas: smart-enabled products and related services, subscription-based services, and building developer community. Their platform allows developers to make their devices smart quickly, create a companion app in just 10 minutes, and get to mass production in as little as 15 days. They provide over 50 IoT PaaS components, more than 150 no-code development and open-source solution, more than 500 low-code development solutions, and more than 10,000 Bluetooth devices to choose from.
Tuya’s goal is to achieve true interconnection of all things and enrich the “Powered by Tuya” product ecosystem. Devices with this label can be connected across different brands and categories with just one app. They cover smart industry, smart agriculture, smart tourism, smart education, smart elderly care, smart medical care, smart real estate, smart retail, and smart energy. Tuya has been working closely with the Amazon and Google ecosystems since the beginning, so “Powered by Tuya” devices are compatible with Google Home and Amazon Alexa’s ecosystem; Apple HomeKit support will also be added in the near future.
Representatives from Monster, BAZZ, SATCO, Bluetooth SIG and ioXt discussed IoT trends and latest company developments. The top three high-level trends that have shaped the smart home industry are voice control, data security and privacy, and subscriptions/recurring revenue opportunities.
Mr. Jeff Immelt, Chairman of Tuya Smart US and former CEO of General Electric, remarked “IoT has the ability to connect everything and every person. This offers a growth opportunity similar to that of the mobile internet. As developers create more smart devices and IoT services, they need a platform that enables them to develop efficiently and manage the complexities of the full development cycle.”
IoT is fundamentally changing the world and creating enormous business opportunities. The Tuya’s IoT cloud platform enables developers to activate a vibrant IoT ecosystem of brands, OEMs, partners and end users to engage and communicate through a broad range of smart devices. For more information, please visit Tuya Smart’s website.
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