China's Tuya Smart Announces Smart IoT Solution for U.S. Market
Poster: SySAdmin
Posted on January 11, 2018 at 10:56:02 PM
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<div xmlns="http://www.w3.org/1999/xhtml" xmlns:xn="http://www.xmlnews.org/ns/" class="xn-newslines">
<h1 class="xn-hedline">China's Tuya Smart Announces Smart IoT Solution for U.S. Market</h1>
<h2 class="xn-hedline">Tuya to make U.S. debut at CES 2018</h2>
<p class="xn-distributor">PR Newswire</p>
<p class="xn-dateline">LAS VEGAS, Jan. 12, 2018</p>
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<div class="xn-content" xmlns="http://www.w3.org/1999/xhtml" xmlns:xn="http://www.xmlnews.org/ns/">
<p>-New U.S. solution transforms standard products into IoT products within days<br>-Existing partners include Amazon, Google and Apple<br>-Founding members ex-<span class="xn-person">Alibaba Cloud</span>
<br>-Secured tens of millions of <span id="spanHghltdfe0">dollars</span> in Series B funding in <span class="xn-chron">October 2017</span>
<br>-At CES booth #35624, LVCC South Hall 4</p>
<p>
<span class="xn-location">LAS VEGAS</span>, <span class="xn-chron">Jan. 12, 2018</span> /PRNewswire/ -- <span class="xn-person">Tuya Smart</span> (Tuya), a <span class="xn-location">China</span>-based global IoT platform provider for enterprise businesses, today at the Consumer Electronics Show 2018 in <span class="xn-location">Las Vegas</span> announced the launch of the U.S. version of its platform, a turnkey solution that helps U.S. manufacturers transform standard products into IoT products within days and upgrade traditional supply chains with artificial intelligence capabilities.</p>
<p>The Tuya platform offers hardware access, cloud services and app development in an end-to-end process that, at its fastest, can create controlling apps within ten minutes, transform a standard product into a smart one within a day, and launch mass production within two weeks. The platform is further supported by big data capabilities that enable geolocation and environment-sensing features. All of these help manufacturers reduce their R&D cost and time to market, while gaining user behavior insights. All this improves the bottom line. </p>
<p>Building on Tuya's established position in <span class="xn-location">China</span>, the launch of its U.S. solution points to its ongoing efforts to export its capabilities to global manufacturers amid a strong growth in IoT uptake in the U.S. and worldwide. According to IDC, global spending on IoT is set to reach <span class="xn-money">US$772.5 billion</span> in 2018, up 15% from 2017, while <span class="xn-location">the United States</span> will account for <span class="xn-money">US$194 billion</span>[1]. </p>
<p>Currently, Tuya's partners include Amazon Echo, Google Home, Apple Homekit<span id="spanHghltca8b">, T</span>mall Genie, and many others, making it the world's only platform that connects these gadgets on a global scale.</p>
<p>"From homes and schools, to offices and factories, smart living will become a norm in the highly connected IoT world of the future. Tuya hopes to be the 'gateway' to this smart world, serving as the AI and IoT catalyst for manufacturers and helping them to bring smart devices to consumers faster and more efficiently," said <span class="xn-person">Jerry Wang</span>, Founder and CEO of Tuya. "We see tremendous business potential in the connected lifestyle, where data understands everyone's needs, preference, and habits."</p>
<p>"The U.S. market is of significant importance to us with the popularity of the likes of Amazon Echo and Google Homekit," said <span class="xn-person">Alex Yang</span>, Tuya's Co-Founder and COO in charge of the company's overseas expansion. "Both Amazon and Google are already our partners and we hope to bring our capabilities to more U.S. manufacturers via the launch of our U.S. platform at CES. This is part of our on-going commitment to the market."</p>
<p>Both Mr. Wang and Mr. Yang are among the several founding members of Tuya who worked for Alibaba previously and held key roles in the development of <span class="xn-person">Alibaba Cloud</span>, as well as O2O and QR code projects, all of which have evolved into the disruptive mobile payment technology that we now see in Alipay.</p>
<p>Since its establishment in <span class="xn-location">Hangzhou, China</span> in 2014, Tuya has served more than 10,000 customers, including Energizer, TCL, Vivitar, Geeni and many others, in nearly 200 countries/regions including <span class="xn-location">China</span>, U.S., <span class="xn-location">Europe</span>, <span class="xn-location">Middle East</span>, as well as Southeast Asian countries, and empowered products ranging from power accessories, lighting, and household appliances, to kitchen appliances, environmental and health, and surveillance equipment.</p>
<p>The company now processes on average more than 20 billion device requests and six million AI interactions daily. The amount of data that it has accumulated through these interactions has reached 1PB (petabyte) - equivalent to more than 58,000 movies[2]. </p>
<p>In <span class="xn-chron">October 2017</span>, Tuya announced it had raised tens of millions of dollars <span id="spanHghlt942f">in Series</span> B funding from lead investors including China International Capital, Oriental Fortune Capital, New Enterprise Associates and Quadrille Capital, representing renewed interest in the investment on emerging Chinese technology companies as the country aims to become a technology powerhouse for quality growth.</p>
<p>Headquartered in <span class="xn-location">Hangzhou</span>, Tuya has offices in <span class="xn-location">Shenzhen</span> and the Silicon Valley. It has data centers in <span class="xn-location">Portland</span> (<span class="xn-location">Oregon</span>, US), <span class="xn-location">Frankfurt</span> (<span class="xn-location">Germany</span>) and <span class="xn-location">Hangzhou</span> (<span class="xn-location">China</span>). After the U.S. launch, the company will look to <span class="xn-location">Europe</span> and <span class="xn-location">Japan</span> for future rounds of expansion.</p>
<p>To visit Tuya at CES, go to booth #35624, LVCC South Hall 4.</p>
<p>
<b>About Tuya</b>
</p>
<p>
<span class="xn-person">Tuya Smart</span> (Tuya) is a <span class="xn-location">China</span>-based global IoT platform provider for enterprise businesses. It provides manufacturers with both AI and IoT capabilities that enable them to bring smart devices to consumers in a faster, more affordable way. The platform offers hardware access, cloud services and app development in an end-to-end process that, at its fastest, can create controlling apps within ten minutes, transform a standard product into a smart one within a day, and launch mass production within two weeks. It is further supported by big data capabilities that enable geolocation and environment-sensing features. </p>
<p>Tuya IoT Plat form provides companies with Intelligent solutions, help manufacturers connect with several mainstream digital assistants (such as Alexa<span id="spanHghlt7d24">,</span> Google Home)<span id="spanHghlt9781">. </span>Besides<span id="spanHghlt9e9f">, </span>Tuya has <span id="spanHghlt4888">a</span>bundant supply chain resources to help manufacturers build upstream and downstream industrial ecosystem. Many products powered by Tuya platform have entered the international market.</p>
<p>The company serves more than 10,000 customers, including Energizer, TCL, Vivitar and Geeni and numerous others, connecting devices in nearly 200 countries/regions, including <span class="xn-location">China</span>, <span class="xn-location">United States</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Middle East</span>, as well as <span class="xn-location">Southeast Asia</span> countries, and supporting products ranging from power accessories, lighting, and household appliances, to kitchen appliances, environmental & health, and surveillance equipment. Tuya was established in <span class="xn-location">Hangzhou, China</span>, in 2014. Headquartered in <span class="xn-location">Hangzhou</span>, it now has offices in <span class="xn-location">Shenzhen</span> and Silicon Valley. </p>
<p>For more information, please visit Tuya Website, LinkedIn, Facebook, Twitter or YouTube.</p>
<p>[1] Worldwide Semiannual Internet of Things Spending Guide<br>[2] <a href="https://gizmodo.com/5309889/how-large-is-a-petabyte" rel="nofollow" target="_blank">https://gizmodo.com/5309889/how-large-is-a-petabyte</a>
</p>
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<img alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN86963&sd=2018-01-11" title="Cision ID" width="12"> View original content:<a href="http://www.prnewswire.com/news-releases/chinas-tuya-smart-announces-smart-iot-solution-for-us-market-300581839.html" id="PRNURL" rel="nofollow">http://www.prnewswire.com/news-releases/chinas-tuya-smart-announces-smart-iot-solution-for-us-market-300581839.html</a>
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<p>SOURCE <span class="xn-person">Tuya Smart</span>
</p>
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<p>CONTACT: Daisy Cheng, Tuya, +86-187-5719-8796, chengzhuo@tuya.com; Emelyne Interior, FleishmanHillard, +1-415-990-5663, Emelyne.interior@fleishman.com; Xiangbei Li, +86-137-5701-3151, marketing@tuya.com <br>
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* @tip Set the styling for your email's center column content links. Choose a color that helps them stand out from your text.
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*/
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<div xmlns="http://www.w3.org/1999/xhtml" xmlns:xn="http://www.xmlnews.org/ns/" class="xn-newslines">
<h1 class="xn-hedline">China's Tuya Smart Announces Smart IoT Solution for U.S. Market</h1>
<h2 class="xn-hedline">Tuya to make U.S. debut at CES 2018</h2>
<p class="xn-distributor">PR Newswire</p>
<p class="xn-dateline">LAS VEGAS, Jan. 12, 2018</p>
</div>
<div class="xn-content" xmlns="http://www.w3.org/1999/xhtml" xmlns:xn="http://www.xmlnews.org/ns/">
<p>-New U.S. solution transforms standard products into IoT products within days<br>-Existing partners include Amazon, Google and Apple<br>-Founding members ex-<span class="xn-person">Alibaba Cloud</span>
<br>-Secured tens of millions of <span id="spanHghltdfe0">dollars</span> in Series B funding in <span class="xn-chron">October 2017</span>
<br>-At CES booth #35624, LVCC South Hall 4</p>
<p>
<span class="xn-location">LAS VEGAS</span>, <span class="xn-chron">Jan. 12, 2018</span> /PRNewswire/ -- <span class="xn-person">Tuya Smart</span> (Tuya), a <span class="xn-location">China</span>-based global IoT platform provider for enterprise businesses, today at the Consumer Electronics Show 2018 in <span class="xn-location">Las Vegas</span> announced the launch of the U.S. version of its platform, a turnkey solution that helps U.S. manufacturers transform standard products into IoT products within days and upgrade traditional supply chains with artificial intelligence capabilities.</p>
<p>The Tuya platform offers hardware access, cloud services and app development in an end-to-end process that, at its fastest, can create controlling apps within ten minutes, transform a standard product into a smart one within a day, and launch mass production within two weeks. The platform is further supported by big data capabilities that enable geolocation and environment-sensing features. All of these help manufacturers reduce their R&D cost and time to market, while gaining user behavior insights. All this improves the bottom line. </p>
<p>Building on Tuya's established position in <span class="xn-location">China</span>, the launch of its U.S. solution points to its ongoing efforts to export its capabilities to global manufacturers amid a strong growth in IoT uptake in the U.S. and worldwide. According to IDC, global spending on IoT is set to reach <span class="xn-money">US$772.5 billion</span> in 2018, up 15% from 2017, while <span class="xn-location">the United States</span> will account for <span class="xn-money">US$194 billion</span>[1]. </p>
<p>Currently, Tuya's partners include Amazon Echo, Google Home, Apple Homekit<span id="spanHghltca8b">, T</span>mall Genie, and many others, making it the world's only platform that connects these gadgets on a global scale.</p>
<p>"From homes and schools, to offices and factories, smart living will become a norm in the highly connected IoT world of the future. Tuya hopes to be the 'gateway' to this smart world, serving as the AI and IoT catalyst for manufacturers and helping them to bring smart devices to consumers faster and more efficiently," said <span class="xn-person">Jerry Wang</span>, Founder and CEO of Tuya. "We see tremendous business potential in the connected lifestyle, where data understands everyone's needs, preference, and habits."</p>
<p>"The U.S. market is of significant importance to us with the popularity of the likes of Amazon Echo and Google Homekit," said <span class="xn-person">Alex Yang</span>, Tuya's Co-Founder and COO in charge of the company's overseas expansion. "Both Amazon and Google are already our partners and we hope to bring our capabilities to more U.S. manufacturers via the launch of our U.S. platform at CES. This is part of our on-going commitment to the market."</p>
<p>Both Mr. Wang and Mr. Yang are among the several founding members of Tuya who worked for Alibaba previously and held key roles in the development of <span class="xn-person">Alibaba Cloud</span>, as well as O2O and QR code projects, all of which have evolved into the disruptive mobile payment technology that we now see in Alipay.</p>
<p>Since its establishment in <span class="xn-location">Hangzhou, China</span> in 2014, Tuya has served more than 10,000 customers, including Energizer, TCL, Vivitar, Geeni and many others, in nearly 200 countries/regions including <span class="xn-location">China</span>, U.S., <span class="xn-location">Europe</span>, <span class="xn-location">Middle East</span>, as well as Southeast Asian countries, and empowered products ranging from power accessories, lighting, and household appliances, to kitchen appliances, environmental and health, and surveillance equipment.</p>
<p>The company now processes on average more than 20 billion device requests and six million AI interactions daily. The amount of data that it has accumulated through these interactions has reached 1PB (petabyte) - equivalent to more than 58,000 movies[2]. </p>
<p>In <span class="xn-chron">October 2017</span>, Tuya announced it had raised tens of millions of dollars <span id="spanHghlt942f">in Series</span> B funding from lead investors including China International Capital, Oriental Fortune Capital, New Enterprise Associates and Quadrille Capital, representing renewed interest in the investment on emerging Chinese technology companies as the country aims to become a technology powerhouse for quality growth.</p>
<p>Headquartered in <span class="xn-location">Hangzhou</span>, Tuya has offices in <span class="xn-location">Shenzhen</span> and the Silicon Valley. It has data centers in <span class="xn-location">Portland</span> (<span class="xn-location">Oregon</span>, US), <span class="xn-location">Frankfurt</span> (<span class="xn-location">Germany</span>) and <span class="xn-location">Hangzhou</span> (<span class="xn-location">China</span>). After the U.S. launch, the company will look to <span class="xn-location">Europe</span> and <span class="xn-location">Japan</span> for future rounds of expansion.</p>
<p>To visit Tuya at CES, go to booth #35624, LVCC South Hall 4.</p>
<p>
<b>About Tuya</b>
</p>
<p>
<span class="xn-person">Tuya Smart</span> (Tuya) is a <span class="xn-location">China</span>-based global IoT platform provider for enterprise businesses. It provides manufacturers with both AI and IoT capabilities that enable them to bring smart devices to consumers in a faster, more affordable way. The platform offers hardware access, cloud services and app development in an end-to-end process that, at its fastest, can create controlling apps within ten minutes, transform a standard product into a smart one within a day, and launch mass production within two weeks. It is further supported by big data capabilities that enable geolocation and environment-sensing features. </p>
<p>Tuya IoT Plat form provides companies with Intelligent solutions, help manufacturers connect with several mainstream digital assistants (such as Alexa<span id="spanHghlt7d24">,</span> Google Home)<span id="spanHghlt9781">. </span>Besides<span id="spanHghlt9e9f">, </span>Tuya has <span id="spanHghlt4888">a</span>bundant supply chain resources to help manufacturers build upstream and downstream industrial ecosystem. Many products powered by Tuya platform have entered the international market.</p>
<p>The company serves more than 10,000 customers, including Energizer, TCL, Vivitar and Geeni and numerous others, connecting devices in nearly 200 countries/regions, including <span class="xn-location">China</span>, <span class="xn-location">United States</span>, <span class="xn-location">Europe</span>, <span class="xn-location">Middle East</span>, as well as <span class="xn-location">Southeast Asia</span> countries, and supporting products ranging from power accessories, lighting, and household appliances, to kitchen appliances, environmental & health, and surveillance equipment. Tuya was established in <span class="xn-location">Hangzhou, China</span>, in 2014. Headquartered in <span class="xn-location">Hangzhou</span>, it now has offices in <span class="xn-location">Shenzhen</span> and Silicon Valley. </p>
<p>For more information, please visit Tuya Website, LinkedIn, Facebook, Twitter or YouTube.</p>
<p>[1] Worldwide Semiannual Internet of Things Spending Guide<br>[2] <a href="https://gizmodo.com/5309889/how-large-is-a-petabyte" rel="nofollow" target="_blank">https://gizmodo.com/5309889/how-large-is-a-petabyte</a>
</p>
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<p>SOURCE <span class="xn-person">Tuya Smart</span>
</p>
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<p>CONTACT: Daisy Cheng, Tuya, +86-187-5719-8796, chengzhuo@tuya.com; Emelyne Interior, FleishmanHillard, +1-415-990-5663, Emelyne.interior@fleishman.com; Xiangbei Li, +86-137-5701-3151, marketing@tuya.com <br>
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