NEW
YORK, Oct. 21, 2024 /PRNewswire/ -- Tuya Smart
(NYSE: TUYA, HKEX: 2391), a global cloud platform service provider,
together with Alibaba Cloud, digital technology and intelligence
backbone of Alibaba Group successfully held the 2024 Tuya Global
Developer Summit in Dubai, UAE.
Marking its debut in the Middle
East, the summit facilitated collaboration with global
industry thought leaders to impart visionary insights and practical
expertise to developers, empowering them to harness boundless
business opportunities within the AI era.
Themed "AI in All Sustainable Spaces," the summit committed to
leverage Tuya's cutting-edge AI capabilities and beyond to drive
the smart transformation of Dubai
and the broader Middle East region
with global developers, thereby expediting the creation of a more
sustainable and intelligent urban environment.
Wenjin Mao, Commercial
Representative, Office of Zhejiang
Province in UAE (Middle-East), presented the opening speech. He
commented, "In recent years, the 'Belt and Road' initiative has
strengthened the economic and trade ties, as well as investment
cooperation, between the Middle
East and Zhejiang. The Tuya
Global Developer Summit is setting up an even wider stage for
businesses in the Middle East and
worldwide, which is poised to drive tech innovation and industrial
progress in the region, providing significant economic and social
benefits. We eagerly anticipate more Middle Eastern enterprises
using this summit as a networking hub and the annual Global Digital
Trade Expo in Hangzhou every
September as a formal gateway, to grasp the opportunities of our
era and chart a new course in smart technology together."
AI Powers the Future, Steering Industry Evolution
AI has emerged as a pivotal competitive edge for enterprises in
their growth trajectory. Recent studies indicate a substantial
surge in AI adoption by businesses worldwide over the past five
years. By 2026, it is projected that a staggering 80% of global
enterprises will integrate AI technology into their operations.
Alex Yang, Co-Founder, COO and
CFO of Tuya Smart, delivered a keynote speech at the summit titled
"AI for a Sustainable Future." He emphasized, "Currently, AI has
been extensively integrated into a multitude of smart devices. The
collective operation of these devices has the potential to
drastically reduce energy consumption in buildings. For instance,
our AI-enhanced Tuya HEMS system has been shown to help households
cut their electricity expenses by over 35%. The interconnection of
numerous smart spaces and devices contributes to the development of
smart cities. To advance this process globally, we have established
an AI Agent development platform. This platform enables developers
to craft unique AI products and solutions, enriching everyday smart
living experiences."
Eric Wan, General Manager of
Middle East, Turkey & Africa, Alibaba Cloud Intelligence, spoke on
the topic "Empowering Developers with Alibaba Cloud's Capability
and Ecosystem." Wan noted, "To help developers further enhance
their competitiveness, Alibaba Cloud has reduced cloud costs and
utilized our cloud computing infrastructure and platform to assist
developers in learning and practicing various emerging
technologies, such as AI. As Alibaba Cloud continues to expand our
business, we have developed a diverse range of ecosystems
encompassing products, industries, regions, and education, which
can provide a variety of services to numerous SMEs and help them
generate more revenue. Tuya's technological capabilities in cloud
computing and AI are well-recognized and can help enhance the
capability of our platform. We look forward to collaborating with
more innovative companies like Tuya to jointly promote
technological advancement and business innovation across the
industry."
Following the speech, Alibaba Cloud and Tuya co-hosted a launch
ceremony, announcing their collaboration plan on the global rollout
of Tuya IoT platform on Alibaba Cloud global marketplace. By
seamlessly integrating Tuya's IoT platform with Alibaba Cloud's
cloud infrastructure, the global partnership aims to provide
developers with access to tools and resources to innovate in IoT,
AI, and smart home technologies, thereby creating an open and
collaborative ecosystem worldwide.
Junhao Zheng, Senior Cloud
Development Engineer of Tuya Smart, spoke on "The Innovation Engine
of the AI+IoT Ecosystem." Zheng explained, "AI and IoT are
intrinsically linked; IoT provides a wealth of data for AI, while
AI offers IoT sophisticated decision-making support to navigate
complex, dynamic environments. Consequently, Tuya has merged these
technologies to construct a cutting-edge cloud developer platform.
This platform not only accelerates the development of smart
products by developers but also equips smart devices with rich
generative AI capabilities through our AI Agent development
platform, effectively fueling product innovation and empowering
developers to capitalize on market opportunities."
Dr. Kushnazarov Farruh, Senior Data Scientist at Alibaba Cloud,
delivered a speech on "Reshaping Alibaba Cloud for the Generative
AI Era" Dr. Farruh commented, "We are proactive in fostering
open-source ecosystems, particularly in avant-garde fields like
large language models and AI development, continuously contributing
our expertise. With the advent of generative AI, we've augmented
features such as information privacy and multilingual support to
large language model applications, catering to the diverse demands
of enterprises. In the future, we aim to collaborate with companies
like Tuya to create more practical AI large model tools, setting
the pace for new industry trends."
Rain Xing, Product Solution Architect Director at Ant Digital
Technologies, spoke on "Riding the Digital Wave: How Super Apps and
AI are Transforming Industries for the Future" Xing stated, "Our
mPaaS mini-app platform is a comprehensive, end-to-end solution for
mobile development, testing, operation, and maintenance, enabling
customers to operate within their apps and cultivate an open
business ecosystem. With AI enhancements, the mPaaS platform has
gained the ability to autonomously generate mini-apps, AI-assisted
development, AI digital avatars, and AI chatbots, significantly
boosting work efficiency and service levels. We look forward to
welcoming companies with robust AI capabilities, such as Tuya, to
join us in exploring the boundless potential of AI technology,
leading the industrial transformation of tomorrow."
AI-Enhanced Transformation: Redefining Smart Living
Spaces
The summit featured a roundtable discussion themed "AI in Smart
Living Spaces", where Tuya engaged with industry trailblazers to
delve into the cutting-edge trends and innovative applications of
AI within residential environments. This session offered global
developers profound industry insights and strategic guidance for
future development, equipping them to seize market
opportunities.
Dr. Nourhan N. Moussa, Director
of Digital Transformation at MLG, commented, "At MLG, our mission
is to forge sustainable and smart transportation and logistics
solutions. Through extensive exploration in smart transportation,
we've developed a suite of solutions that significantly aid cities
in achieving intelligent management. Tuya's proficiency in AI
technology in this domain is notable. We look forward to enhancing
our collaboration with Tuya to drive innovation and practical
applications in the realm of smart transportation."
Vivian Chen, CEO of Gallery Five
Group, stated, "Our vision is to transform every aspect of the
urban landscape into a vibrant artform and to be a catalyst for the
evolution of urban living. To realize this, we champion innovative
design and the sustainable development of urban spaces, blending
art, technology, and environmental considerations. This approach
not only enhances the city's aesthetic but also elevates the
quality of life and happiness of its inhabitants. In the future, we
aim to partner with Tuya to integrate cutting-edge technologies
like AI into urban development, jointly exploring the vast
potential of smart cities."
Propelling Smart Energy Management Forward: AI Unveils New
Ventures
Following the momentum, Tuya convened its second roundtable,
centered on the theme "AI in Energy Management", where experts
engaged in comprehensive discussions on AI, energy, and
sustainability, guiding global developers in uncovering business
potential.
Harvey Zhang, Director of Energy
Solution at Tuya Smart, said, "AI is a pivotal force in driving the
low-carbon transition of the energy sector. Tuya has enhanced its
energy management platform. Utilizing AI models that predict power
generation and consumption, this platform offers developers optimal
energy scheduling recommendations for lighting storage and
charging, effectively facilitating energy savings for households.
Moreover, this solution enables precise energy management through
the installation of intelligent devices such as water, electricity,
and gas meters, and automates energy consumption management via
sensor scene linkage, thereby assisting enterprises in reducing
their energy expenses."
Watson Chai, Vice President and Board of Director at CNLIGHT,
said, "In pursuit of the dual carbon goal, new industrial
opportunities have arisen. We steadfastly embrace sustainable
development by integrating smart lighting solutions with energy
management technologies. With Tuya's support, our solutions
maximize electricity savings for customers. As AI rapidly evolves,
we are committed to incorporating it into our offerings, providing
users with an enhanced, eco-friendly lighting experience."
Khaled Farekh, CEO of FASTNET, shared, "As a leader in smart
home and building solutions in Saudi
Arabia, FASTNET is dedicated to building automation and low
current systems. To promote greener development for families and
businesses, we are integrating AI into our energy management
systems, enhancing the energy-saving capabilities of our solutions.
The summit showcased Tuya's excellence in energy technology, and we
look forward to collaborating with Tuya to accelerate global
sustainable development."
The 2024 Tuya Global Developer Summit (Middle East) highlighted Tuya's advanced AI
technology and its strategic commitment to the global smart market.
Moving forward, Tuya will continue to partner with developers
worldwide to pioneer AI-driven products and solutions in energy
management and smart homes, paving the way for a more intelligent,
efficient, and sustainable lifestyle for all.
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