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Artificial Intelligence In Asset Management Market size is set to grow by USD 10.37 billion from 2023-2027, Rapid adoption of artificial intelligence in asset management and growing importance of asset tracking boost the market, Technavio

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NEW YORK, July 16, 2024 /PRNewswire/ — The global artificial intelligence in asset management market size is estimated to grow by USD 10.37 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of  37.88%  during the forecast period. Rapid adoption of artificial intelligence in asset management and growing importance of asset tracking is driving market growth, with a trend towards growing adoption of cloud-based artificial intelligence services in asset management. However, rising number of data privacy and cybersecurity  poses a challenge. Key market players include Amazon.com Inc., AXOVISION GmbH, BlackRock Inc., Deloitte Touche Tohmatsu Ltd., Genpact Ltd., Infosys Ltd., International Business Machines Corp., Lexalytics Inc., Microsoft Corp., New Narrative Ltd., Salesforce Inc., and The Charles Schwab Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Artificial Intelligence In Asset Management Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017 – 2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 37.88%

Market growth 2023-2027

USD 10373.18 million

Market structure

Concentrated

YoY growth 2022-2023 (%)

35.12

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 49%

Key countries

US, China, Germany, UK, and France

Key companies profiled

Amazon.com Inc., AXOVISION GmbH, BlackRock Inc., Deloitte Touche Tohmatsu Ltd., Genpact Ltd., Infosys Ltd., International Business Machines Corp., Lexalytics Inc., Microsoft Corp., New Narrative Ltd., Salesforce Inc., and The Charles Schwab Corp.

Market Driver

Asset management is a vital business function, and the integration of cloud-based artificial intelligence (AI) services is revolutionizing its operations. AI’s cost-effectiveness and scalability make it an attractive option for asset managers seeking to enhance their efficiency and decision-making capabilities. These services enable asset managers to process vast amounts of data, recognize trends, and make decisions based on real-time information. AI models can analyze economic data, market trends, and other investment variables, optimizing portfolios by identifying profitable investments. In risk management, AI plays a significant role, allowing early identification and mitigation of potential risks, minimizing losses, and safeguarding client investments. Customizable AI models cater to unique investment strategies, risk profiles, and firm requirements, providing a competitive edge. The abundance of available data is another factor fueling AI adoption in asset management. Cloud-based AI services expeditiously process this data, offering real-time insights for informed investment decisions. These factors are anticipated to fuel the growth of the cloud-based AI market in asset management during the forecast period. 

Artificial Intelligence (AI) is revolutionizing the Asset Management industry by enhancing quantitative modeling and alpha generation techniques. AI models use historical trading data to identify market inefficiencies, providing valuable insights for asset managers. Wealth management firms are leveraging AI to improve operational efficiency, streamline investment processes, and ensure data quality for better client retention. Technology companies like EagleView, an analytics provider, use AI to analyze aerial imagery and news articles for investment opportunities. Human-machine interaction systems, such as chatbots and conversational platforms, offer personalized services to both business-to-consumer and business-to-business clients. AI’s ability to learn from large datasets through deep learning algorithms enables more accurate predictions and faster response times. Low interest rates and strict regulations necessitate the need for AI to generate alpha and optimize financial transactions. Natural language processing (NLP) and voice recognition programs improve human-machine interaction, while computer vision and virtual assistants offer operational advantages in a work-from-home (WFH) environment. AI’s role in asset management continues to grow, with applications ranging from portfolio management to risk assessment and regulatory compliance. 

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Market Challenges

The artificial intelligence (AI) in asset management market has experienced substantial growth in recent years, offering benefits such as improved decision-making and increased efficiency for asset management firms. However, the use of AI technology raises concerns regarding data privacy and cybersecurity. Asset managers rely on large data sets to function, but ensuring their privacy and protection is crucial. Advanced AI algorithms require access to detailed personal and financial information, making it a prime target for cybercriminals. External data sources also pose challenges, as ownership and data processing become difficult to manage and audit. Furthermore, automation of tasks through AI can lead to job losses, necessitating firms to address employment concerns. Lastly, regulatory compliance is a significant challenge due to varying laws and regulations governing data protection, cybersecurity, and AI use. These factors may increase the risk of cyberattacks and data breaches, potentially hindering market growth.Artificial Intelligence (AI) is revolutionizing the Asset Management industry, with conversational platforms like chatbots becoming essential for Business-to-Consumer and Business-to-Business interactions. However, challenges persist, such as strict regulations and low-interest rates. AI tools like Natural Language Processing (NLP), computer vision, and voice recognition programs are transforming investment services. With the shift to Work From Home (WFH), digital technology is increasingly important. TIFIN Group’s Scotia Smart Investor uses AI algorithms and machine learning for data analysis, decision making, risk management, and portfolio optimization. Compliance monitoring, investor protection, privacy, ethical thinking, and market volatility are addressed through AI. Data sources include financial data, company announcements, and business metrics. AI’s role in asset management is crucial, but it must navigate regulations, interest rates, and ethical considerations.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This artificial intelligence in asset management market report extensively covers market segmentation by  

Deployment 1.1 On-premises1.2 CloudIndustry Application2.1 BFSI2.2 Retail and e-commerce2.3 Healthcare2.4 Energy and utilities2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 On-premises-  The on-premise segment of the global artificial intelligence (AI) in asset management market is projected to experience substantial growth in the upcoming years. On-premise AI solutions offer organizations more control and flexibility over their data compared to cloud-based alternatives. Installed locally on organizations’ servers, these solutions cater to unique business requirements. On-premise AI solutions provide complete ownership and control over data, enabling customization that is not possible with cloud-based options. Additionally, they offer enhanced security, as data is stored within the organization’s premises instead of on a remote cloud server, reducing the risk of data breaches. Furthermore, on-premise solutions deliver superior performance and faster response times, resulting in more accurate and actionable insights for better decision-making. Financial institutions, particularly banks and other financial organizations, are increasingly adopting on-premise AI solutions for asset management due to their need for customization and security in handling large volumes of sensitive data daily. The continuous addition of features and advancements in on-premise AI solutions is expected to fuel the expansion of the global AI in asset management market throughout the forecast period.

For more information on market segmentation with geographical analysis including forecast (2023-2027) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Artificial Intelligence (AI) Chips market is experiencing rapid growth, driven by advancements in AI applications across various industries. Key players are focusing on developing innovative chip architectures to enhance computational efficiency and processing power.

The global Aerospace Artificial Intelligence market is also expanding, with AI technologies revolutionizing aircraft operations, maintenance, and safety protocols. Major aerospace companies are investing in AI for predictive maintenance, autonomous flight systems, and enhanced passenger experience, propelling the market’s growth.

Research Analysis

Artificial Intelligence (AI) is revolutionizing the asset management industry by automating various tasks, from portfolio management to customer service. Conversational platforms, such as chatbots, are a key application of AI in business-to-consumer and business-to-business asset management. These systems use Natural Language Processing (NLP) and deep learning to understand and respond to customer queries, providing personalized investment advice and improving operational efficiency. However, the implementation of AI in asset management is not without challenges. Strict regulations and low-interest rates pose significant hurdles for asset managers looking to adopt AI models. FinTech companies are leading the charge in this space, offering software platforms that use algorithmic models to analyze financial transactions and provide data-driven investment recommendations. The TIFIN AMP, a resourceful AI model from TIFIN Group, is an example of how AI is transforming investment services. It uses deep learning to understand client needs and preferences, providing customized investment solutions while ensuring data quality and client retention. The human-machine interaction systems also enable seamless communication between clients and asset managers, enhancing the overall customer experience. Despite the benefits, the implementation of AI in asset management also raises concerns around data security and privacy. Non-residents and other stakeholders must ensure that regulations are in place to protect sensitive financial information and maintain transparency in financial transactions.

Market Research Overview

Artificial Intelligence (AI) is revolutionizing the Asset Management industry by automating various tasks and enhancing business strategies. Conversational platforms and chatbots are being integrated into Business-to-Consumer (B2C) and Business-to-Business (B2B) models for efficient communication and customer service. AI technologies like Natural Language Processing (NLP), computer vision, and voice recognition programs are being used to analyze vast data volumes and make informed decisions. However, strict regulations and low-interest rates pose challenges to the adoption of AI in the industry. AI algorithms and machine learning models are being used for portfolio optimization, risk management, compliance monitoring, and decision making. Digital technology is enabling asset managers to analyze financial data, business metrics, company announcements, and other data sources for alpha generation techniques. Wealth management and investment services are leveraging AI models for operational efficiency, investment processes, and client retention. Deep learning and chatbots are being used for human-machine interaction systems, while virtual assistants are being integrated into software platforms for non-residents. Technology Insights and analytics providers like TIFIN Group are offering AI-powered solutions for asset managers to stay competitive in the digital age. The use of AI in asset management is also enabling the analysis of aerial imagery, market volatility, and financial transactions for investment opportunities. Ethical thinking, investor protection, privacy, and regulatory compliance are essential considerations in the implementation of AI models. The asset management industry is embracing digital technology to stay ahead of the curve and provide better services to clients.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOn-premisesCloudIndustry ApplicationBFSIRetail And E-commerceHealthcareEnergy And UtilitiesOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*

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TAIPEI, Jan. 10, 2025 /PRNewswire/ — ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, “ASEH” or the “Company”), announces its revised unaudited consolidated net revenues for December, 4th quarter and full year of 2024.

CONSOLIDATED NET REVENUES (UNAUDITED)

Dec

Nov

Dec

Sequential

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

52,905

52,933

49,906

-0.1 %

+6.0 %

Dec

Nov

Dec

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

1,632

1,648

1,589

-1.0 %

+2.6 %

 

Q4

 

Q3

 

Q4

 

Sequential

 

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

162,264

160,105

160,581

+1.3 %

+1.0 %

Q4

Q3

Q4

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

5,046

4,956

5,028

+1.8 %

+0.4 %

Full Year

Full Year

YoY

(NT$ Million)

2024

2023

Change

Net Revenues

595,410

581,914

+2.3 %

Full Year

Full Year

YoY

(US$ Million)

2024

2023

Change

Net Revenues

18,596

18,688

-0.5 %

 

Net revenues for ATM assembly, testing and material business are as follows:

ATM NET REVENUES (UNAUDITED)

Dec

Nov

Dec

Sequential

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

29,858

29,185

26,218

+2.3 %

+13.9 %

Dec

Nov

Dec

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

921

909

835

+1.3 %

+10.3 %

 

Q4

 

Q3

 

Q4

 

Sequential

 

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

88,363

85,791

82,004

+3.0 %

+7.8 %

Q4

Q3

Q4

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

2,747

2,655

2,568

+3.5 %

+7.0 %

Full Year

Full Year

YoY

(NT$ Million)

2024

2023

Change

Net Revenues

325,875

315,114

+3.4 %

Full Year

Full Year

YoY

(US$ Million)

2024

2023

Change

Net Revenues

10,178

10,128

+0.5 %

*This press release is intended to comply with Taiwan regulatory requirements.

Safe Harbor Notice:

This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2022 Annual Report on Form 20-F filed on April 10, 2023.

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

https://www.aseglobal.com

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Amrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan

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BRUSSELS, Jan. 10, 2025 /PRNewswire/ — Amrop, a leading global executive search and leadership consulting firm, appoints JOMON Associates as its new team in Tokyo, marking the group’s re-entry in the Japanese market and adding significant coverage in the Asia Pacific region.

Led by Naohiro Furuta, CEO, JOMON Associates is Japan’s premier leadership advisory firm, offering services in senior Executive Search, Board & Corporate Governance Consulting, Leadership Assessment and Executive Coaching.

With 13 consultants and a team of 30 employees, the firm serves more than 200 companies, constituting about one-third of Japan’s major companies and representing Japan’s key industry sectors, including Industrial & Automotive, Chemicals & Materials, Consumer & Retail, Pharmaceuticals & Healthcare, Finance & Insurance, IT and Telecommunications.

The firm’s deep connection to the local Japanese market is matched by its unsurpassed reputation for quality and its innovative approach to executive search. By offering personalized leadership advisory and board services in addition to its acclaimed recruitment solutions, JOMON Associates is well-positioned to support companies in their quest for transformative leaders.

Japan is a significant market for executive search and leadership consulting, and we are delighted welcome JOMON Associates to our global team,” says Annika Farin, Chair of the global Amrop Partnership. “We are now able to directly serve multinational companies operating in Japan as well as Japanese companies that are redefining boundaries as they follow their global or regional expansion strategies. Together with JOMON’s uncompromised quality approach and top market positioning, we can be instrumental in assisting these companies with the recruitment of their executive teams and attracting the best talent in new markets. “

“JOMON Associates shares our values and our ambition to continuing serving clients in the premium segment of the market. We feel naturally close to our new partners in Japan and are also proud to announce that Naohiro Furuta will immediately join our Board to help us drive the future of Amrop’s global partnership,” Farin added.

Naohiro Furuta, CEO JOMON Associates, added, “We are very pleased to announce that we have joined the global Amrop Partnership. As the global business environment becomes increasingly complex, the demand for strong and visionary leadership is higher than ever. Japanese companies are also strongly seeking talent to drive innovation and international competitiveness. Through our partnership with Amrop, we will provide our clients with valuable services that combine global insights and local expertise, making a significant impact on the domestic market and contributing to the international success of our clients.”

Amrop’s new Tokyo office is located at Tokyo Toranomon Global Square, 13th Floor, 1-3-1 Toranomon, Minato-ku, Tokyo. The addition of Japan office reinforces the group’s presence in the region, with teams in China, South Korea, India and Australia.

About Amrop

Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.

Media Contact:

The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. contact@amrop.com
Brigitte Arhold, COO

Logo – https://mma.prnewswire.com/media/1755576/Amrop_Logo.jpg

 

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Tuya Smart Hosts Successful ‘Tuya Developer Day’ During CES 2025, Leading Industry Change with Innovative AI Technology

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, successfully hosted its highly anticipated Tuya Developer Day event during CES 2025.

This year’s CES theme “DIVE IN” brought innovators, decision-makers, visionaries, and potential partners from across the global tech companies and ecosystem to explore cutting-edge advancements shaping modern lifestyles. Building on this vision, Tuya embraced the theme “AI DIVE IN” for its showcase, spotlighting the transformative fusion of AI with smart products and innovative solutions to drive industry growth and evolution.

To further this mission, Tuya Developer Day welcomed distinguished representatives from leading global organizations, institutions, and enterprises to engage in in-depth discussions about AI trends and application prospects. The event provided developers with insights to unlock new business opportunities in the AI era.

At the beginning of the event, Alex Yang, Co- Founder, COO and CFO of Tuya Smart, delivered the opening keynote titled “AI DIVE IN.”

“We are currently witnessing an era of rapid advancement in AI. To help global developers leverage the power of AI, we’ve deeply integrated AI capabilities with the Tuya Cloud Developer Platform, strengthening three key areas: AI hardware development, AI Agent development, and AI infrastructure construction. These enhancements significantly simplify both workflows and development processes for developers,” Yang said. “Regarding AI Agent development, we’ve successfully integrated with leading models of OpenAI, Gemini, Claude, and Amazon Nova. By leveraging our AI Agent development platform and Tuya-enabled T3/T5 SoC modules, developers need only a single SDK to connect with any large language model, enabling seamless integration of audio, video, and other data types to create their ideal AI hardware products. Additionally, Tuya is committed to helping developers build practical and innovative AI solutions. In the energy sector, we’ve introduced features like AI energy analysis, AI energy-saving assistants, and AI energy optimization, which help users significantly reduce energy consumption. Furthermore, Tuya has partnered with industry leaders such as Apple and Amazon Web Services to achieve deeper ecosystem integration. Looking ahead, we aspire to collaborate with even more partners to launch innovative AI products and solutions that will lead the next wave of technological innovation.”

Amazon Web Services keynote: The Era of Generative AI Value Creation

Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development.

Olivier Bernard, Worldwide Smart Home GTM Lead of AWS highlighted the transformative potential of generative AI during his keynote. “Generative AI is rapidly becoming a transformative force in productivity, yet businesses often encounter challenges in building applications, such as data processing, model training, and resource allocation. Tuya Smart uses AWS’s leading generative AI technologies to deliver high-efficiency solutions, building an intelligent developer platform that significantly boosts productivity. With newly launched services of Amazon Bedrock, Amazon SageMaker and Amazon Q during 2024 AWS re:Invent, we look forward to deepening our collaboration with Tuya to further lower technical barriers for developers and unlock greater business value across industries,” said Bernard.

Amazon Alexa: Building the Ambient Home Together with Alexa

Customers have connected more than 400 million smart home devices to Alexa, and use Alexa hundreds of millions of times each week to control their devices. More than one million registered developers, brands, and device makers are creating conversational, natural, and proactive experiences with Alexa. Amazon offers a collection of tools, APIs, reference solutions, and documentation to make it easier for developers to build Alexa experiences for their customers.

“Our goal is to develop a diverse range of best-in-class products and services in collaboration with brands for users globally. By participating in our Works with Alexa certification program, they can deliver smarter, more reliable, and responsive products to users, enhancing the smart home living experience. A key focus for us is simplifying the device setup process. With Frustration-Free Setup, getting started with Alexa is as simple as opening the box. We will continue collaborating with Tuya to bring more seamless and intuitive smart home experiences to end-users,” said David Wurster, Senior Manager of Alexa Smart Home Business Development.

Connectivity Standards Alliance: A Connected Future with Matter

The Connectivity Standards Alliance is the foundation and future of the IoT. Their wide-ranging global membership is on a mission: to ignite creativity and collaboration in the Internet of Things by developing, evolving, and promoting universal open standards that enable all objects to securely connect and interact. The Connectivity Standards Alliance believes all objects can work together to enhance the way people live, work, and play.

“Matter is a unifying, IP-based connectivity protocol, empowering developers to build reliable and secure IoT ecosystems while enhancing user experiences,” said Tobin Richardson, President and CEO of the Connectivity Standards Alliance. “As a Board Member, Tuya, along with hundreds of other Members are dedicated to collaboratively advancing and evolving Matter in different use cases across the IoT. With the release of Matter 1.4 in November 2024, developers can now create more sophisticated smart devices by leveraging Tuya’s Cloud Developer Platform.”

Texas Instruments: Wireless Connectivity

Texas Instruments (TI) designs, manufactures, tests, and sells analog and embedded semiconductors that are the essential building blocks of electronic systems. With more than 80,000 products, it has the most comprehensive portfolio of general-purpose analog products, as well as a full breadth of analog and embedded products that help customers create differentiated applications.

Marian Kost, Vice President and General Manager of Connectivity at TI, highlighted the critical role of connectivity in enabling seamless operations across sectors like construction, retail, and healthcare. “Applications that are easy to operate and manage are essential for these industries, and stable connectivity technology is the backbone of such innovations,” Kost stated. “To simplify the development of connected applications, TI has partnered with Tuya Smart to integrate its SimpleLink™ wireless MCU (CC2340) technology into the Tuya Cloud Developer Platform. This collaboration combines TI’s high-performance, low-power connectivity solutions with Tuya’s versatile development tools.”

“By leveraging the power of the Tuya Cloud Developer Platform alongside TI’s advanced connectivity technology, businesses can rapidly create stable, reliable, and easy-to-manage applications. This partnership accelerates the intelligent transformation of industries, fostering innovation and driving development across the board,” Kost added.

Silicon Labs: AI/ML for Tiny Edge Devices

Silicon Labs is a trailblazer in wireless connectivity for the Internet of Things. Our integrated hardware and software platform, intuitive development tools, and unmatched ecosystem support make Silicon Labs the ideal long-term partner in building advanced industrial, commercial, and home and life applications. Silicon Labs lead the industry in high-performance, low-power, and security with support for the broadest set of multi-protocol solutions.

Fritz Werder, Senior Director at Silicon Labs, emphasized the transformative role of artificial intelligence and machine learning in shaping the future of the smart device industry. “AI and machine learning are increasingly crucial in driving innovation within the IoT industry. Silicon Labs’ AI/ML solutions focus on developing more efficient and advanced SoCs to enhance the performance of smart edge devices and support diverse application scenarios. In the future, Silicon Labs will continue collaborating with Tuya to empower device manufacturers, unlock new opportunities, and create a more intelligent and safer interconnected world.” said Fritz.

Positivo Tecnologia: A Unique Smart Home Experience in Brazil with an Exclusive App

Positivo Tecnologia, a leading Brazilian tech company, develops and markets a wide range of solutions, including computers, smartphones, tablets, smart home devices, electronic security systems, payment terminals, servers, and IT infrastructure. Known for its expertise in educational technologies and innovative projects, the company delivers products like self-service kiosks, and demographic data collection devices.

Serving consumers, businesses, schools, and public institutions, Positivo also provides IT equipment leasing, technical support, and managed services. Its diverse portfolio combines innovation and reliability, driving technological progress across Brazil.

“The rapid advancement of technology is not only reshaping the way we work but also profoundly enhancing our daily lives. Smart home solutions, as a key application of IoT, are revolutionizing living experiences. This progress relies heavily on engineering innovation and evolving business models,” said Rafael Sczcepanik, Business Director of Positivo. “Tuya’s cutting-edge technological expertise and strong global presence in the smart home sector make them an ideal partner for us. We are excited about the opportunity to collaborate and envision a smarter, more efficient, and sustainable future together.”

FiberX: Smart home success cases through internet providers in Brazil

Founded in 2008, FiberX distributes fiber optic network equipment in western Santa Catarina. Through hard work and dedication, FiberX has grown to become one of the largest companies in the sector, serving over 6,000 customers and delivering more than 7 million products nationwide. The company realized that its expertise could go beyond the ISP market and be applied to a variety of solutions involving technology and innovation. This led to the creation of new verticals and work teams, always guided by the same purpose: simplifying the complex.

“As a technology integrator, FiberX has made significant efforts to empower ISPs in attracting and retaining customers. In an environment where the adoption of AI is surpassing retail productivity, our smart home devices brand, Veld, is taking the lead in driving substantial change through advanced technologies and solutions that prioritize convenience, security, and innovation. By utilizing the Tuya Cloud Developer Platform and its extensive hardware ecosystem, we are committed to further enabling ISPs to enhance end-customers’ daily lives and cater to their evolving needs,” said Clayton Costa, Chief Product Officer of FiberX.

FOTILE: FOTILE Fully Embraces the Intelligence of Kitchen Space

FOTILE has always been committed to providing people with high-quality products and services, creating a healthy and environmentally-friendly lifestyle, and allowing more families to enjoy a happy and confident kitchen life. For the last 20 years, FOTILE has helped families around the world improve their kitchen environments and protect their health. FOTILE continues forging ahead for the happiness of hundreds of millions of families.

Guitao Yu, Director of the Intelligent Research Institute at FOTILE Group, commented, “In response to the evolving needs of modern living, FOTILE has leveraged AI algorithms and cutting-edge smart hardware to create the FOTILE Smart Kitchen System.This innovative system offers users a fully integrated, intelligent kitchen experience that combines safety, health, convenience, socialization and entertainment. To further elevate users’ quality of life, FOTILE has partnered with Tuya to launch a versatile recipe platform. This platform not only offers recipe management capabilities but also supports a variety of cooking modes, providing a personalized cooking experience for every user. Moving forward, we will continue to deepen our collaboration, expand the ecosystem, and further enrich the kitchen experience for our users.”

Pioneer Solutions: US/ Mexico Drayage and FTL

Founded in 2016 by a team of logistics professionals with a true passion for international trade, Pioneer Solution’s mission has always been to be the preferred freight forwarder serving and facilitating the logistics needs of other entrepreneurs and helping them realize their business’s full potential on a global scale.

The company’s expertise in connecting Trans-Pacific trade has enabled them to grow together with their customers. Headquartered in Los Angeles but with a strong global vision, Pioneer Solutions is a leading integrated logistics company comprising four business segments: NVOCC, Warehousing & Distribution, Customs Clearance & Trade Advisory, and Trucking.

Jose Torres, Logistics Director at Pioneer Solutions, stated, “In today’s logistics landscape, intelligence-driven solutions are crucial. Tuya, with its cutting-edge AI, cloud computing, and other technological capabilities, provides the tools we need to enhance the visibility and security of goods, optimize transportation and warehousing processes, proactively mitigate transportation risks, and significantly boost logistics efficiency. This partnership enables us to excel in the modern supply chain environment.”

Construlita: Creating smart buildings to improve profit and productivity

Construlita is a leading brand in commercial lighting for a range of settings, including workplaces, retail stores, restaurants, and hotels. To meet customers’ needs for lighting through knowledge, technology, and solutions that add value to lighting projects, it is constantly updating its solution portfolio with innovative technologies like IoT devices and smart platforms that are in line with global trends. This results in the creation of spaces full of captivating experiences that heighten end-users’ sense through light.

Roberto Enriquez Gómez, Vice President of Sales at Construlita, remarked, “In commercial buildings across Mexico, the electricity demand for lighting, HVAC, and air conditioning is notably high. To help these buildings reduce operating costs and improve profit margins, we have integrated the Tuya ecosystem. This system consolidates energy data from multiple buildings into a single platform for efficient energy management. Beyond energy optimization, it enhances the quality of life and job satisfaction for occupants, fostering greater productivity and well-being. Together, we are advancing the sustainable development of the construction industry.”

The successful “Tuya Developer Day” event at CES 2025 not only expanded Tuya’s market reach but also provided a platform for global developers to showcase their talents, fostering in-depth communication and sparking innovative collaboration. Moving forward, Tuya will continue to partner with developers worldwide, driving the integration of AI, cloud computing, and other advanced technologies across various scenarios. This collaboration will accelerate the pace of intelligent transformation and help co-create a new era of smart technology.

View original content:https://www.prnewswire.com/news-releases/tuya-smart-hosts-successful-tuya-developer-day-during-ces-2025-leading-industry-change-with-innovative-ai-technology-302347803.html

SOURCE Tuya Smart

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