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Tuya Smart Again Recognized in Gartner’s “Hype Cycle for Smart City and Sustainability in China, 2024”

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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

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KM Malta Airlines, the Maltese Islands’ New National Carrier, Implements CellPoint Digital’s Payment Orchestration Solution

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September 23, 2024

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The partnership will enable KM Malta Airlines to provide passengers with a seamless payment experience and access to their preferred payment methods.

LONDON, Sept. 23, 2024 /CNW/ — CellPoint Digital, a global pioneer in Payment Orchestration, is proud to announce it has partnered with KM Malta Airlines to support the airline’s payment processes across multiple sales channels, including on its website and App, allowing passengers in future to pay with key alternative payment methods (APMs) like Apple Pay.

From the start of operations on March 31, 2024, CellPoint Digital was entrusted to support KM Malta Airlines’ payment processes across. Using CellPoint Digital’s Payment Orchestration platform, KM Malta Airlines launched the service with optimised payment processes, a cost-effective payment strategy, and a customer-centric payment model. This partnership reflects the airline’s commitment to providing its passengers with a seamless, convenient payment experience and the airline’s recognition of CellPoint Digital as a valued payment solution provider.

Through its partnership with CellPoint Digital, KM Malta Airlines gains access to a network of acquirer connections, including its newly introduced partner, Shift4 (formerly Finaro), to support its growth strategy. This allows the airline to optimise transaction routing, reduce payment costs, and settle in its preferred currency.

“It’s not often that we get to be present at the inception of one of Europe’s next great airlines, but that’s the opportunity we have with this partnership,” said Kristian Gjerding, CEO of CellPoint Digital. “By prioritising its payment strategy as a cornerstone of its launch strategy, KM Malta Airlines demonstrates that it cares about providing passengers with the best possible booking experience and setting itself up for future success.”

Roy Kinnear, CCO of KM Malta Airlines, stated, “A highly optimised, cost-efficient payment strategy is important to the success of our airline. That’s why we partnered with experts in aviation payments to deliver a comprehensive platform tailored to our passengers’ needs and allowing us to expand our offering of customer choice payment mechanisms.”

The Advantage of Day-One Payment Orchestration

Payment Orchestration is a concept that describes the end-to-end management of all components of a payment, from authorisation to routing to settlement to reporting, allowing airlines to boost conversions in direct and indirect sales channels at lower transaction costs. CellPoint Digital’s Payment Orchestration Platform, which KM Malta Airlines will implement, routes transactions intelligently to increase acceptance, simplifies and centralises back-end reconciliation, integrates various payment methods like Apple Pay, and easily accommodates multiple PSPs and acquirers, including KM Malta Airline’s preferred acquiring partner, Shift4.

For more information about the CellPoint Digital partnership with KM Malta Airlines or to speak with company executives, please get in touch with Steven Osei at steven.osei@cellpointdigital.com

About CellPoint Digital
CellPoint Digital is a fintech leader in payment orchestration and optimisation. CellPoint Digital’s main solution is a powerful Payment Orchestration Platform that optimises digital payment transactions from cards or alternative payment methods and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimise the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore. Visit www.cellpointdigital.com to learn more. 

About KM Malta Airlines

The KM Malta Airlines schedule serves 17 airports across 15 key European cities, namely, Amsterdam, Berlin, Brussels, Catania, Dusseldorf, London Gatwick, London Heathrow, Lyon, Madrid, Milan, Munich, Paris Charles de Gaulle, Paris Orly, Prague, Rome, Vienna and Zurich.

Bookings can be made on kmmaltairlines.com

Contact: media@kmmaltairlines.com

 

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SOURCE CellPoint Digital

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Advantech Unveils Expanded Singapore Office to Boost ASEAN Presence and Support AIoT Innovations with Strategic Partnerships

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September 23, 2024

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SINGAPORE, Sept. 23, 2024 /PRNewswire/ — Advantech (TWSE: 2395), a global leader in industrial IoT and embedded computing solutions, has officially inaugurated its expanded regional office in Singapore. This strategic investment is set to enhance Advantech’s core competencies within the ASEAN region. Located at 7002 Ang Mo Kio Avenue 5, the new office will double the company’s current facility space, enhancing its infrastructure to meet the rising demand for high-technology solutions, particularly in the semiconductor sector. The expansion underscores Advantech’s commitment to collaborating with silicon and ecosystem partners and investing in local talent development through industry-academia partnerships. The new office will also support Advantech’s Configure-To-Order Service (CTOS), reinforcing its strategic goal of deepening and localising industry presence while advancing a comprehensive AIoT industry development strategy.

Vincent Chang, Managing Director of Asia and Intercontinental Region at Advantech, stated, “The relocation to our new premises marks a significant milestone in Advantech’s nearly 30 years of growth in Singapore. Established in 1995, Advantech Singapore has grown to become a pivotal hub in the ASEAN region, leading to the creation of Advantech Malaysia, Thailand, Indonesia, and Vietnam as key regional business units. Advantech envisions Singapore evolving into a Corporate Development Core Competency hub, focusing on business intelligence, strategic planning, and advancing branding, public relations, and ESG programmes across the ASEAN region.”

Advantech is also excited to launch the second year of its AIoT Innowork programme with Singapore Polytechnic (SP). This year’s projects will focus on sustainable development, net-zero emissions, and generative AI. Students will use Advantech’s WISE-PaaS, a cloud-based platform, to develop AIoT solutions, including a smart outdoor agriculture proof-of-concept within SP’s campus. Additionally, the programme will advance intelligent EV charging and parking space monitoring with Advantech’s LoRaWAN gateway and generative AI, featuring a dashboard for carpark occupancy and an assistive chatbot for availability queries.

In response to the government’s focus on future workforce development, a student team from SP is set to create a proof of concept for a “Generative AI-powered Virtual Sales Agent.” This innovative project aims to transform customer interactions by enhancing sales and engagement through cutting-edge AI technology. SP envisions this technology revolutionising customer engagement, enhancing service support, and improving operational efficiency.

Advantech Singapore is dedicated to advancing the “MySkillsFuture” programme, a key initiative by the Singapore government to support lifelong learning. Advantech aims to build a collaborative value chain that fosters a sustainable and thriving IoT ecosystem by partnering with ecosystem players, academic institutions, and industry leaders. Additionally, through academic collaboration, Advantech seeks to cultivate industry growth and align with its social responsibility objectives by producing and distributing urban farming products to underserved communities. These strategic partnerships are poised to drive long-term industry success and reinforce Advantech’s commitment to its ESG goals.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/advantech-unveils-expanded-singapore-office-to-boost-asean-presence-and-support-aiot-innovations-with-strategic-partnerships-302255164.html

SOURCE Advantech Co. Singapore Pte Ltd

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Estonia Strengthens Smart Mobility Networking and Strategic Partnerships in the Gulf

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September 23, 2024

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DUBAI, UAE, Sept. 23, 2024 /PRNewswire/ — Trade Estonia, part of Enterprise Estonia, is concluding its participation at the ITS World Congress 2024 in Dubai, further asserting its leadership in intelligent transport systems (ITS) and smart mobility. Estonia, known for being the first country to allow testing autonomous vehicles on public roads since 2017, showcased its innovative technologies that are setting new benchmarks in smart mobility and ITS.

At the exhibition, Trade Estonia displayed pioneering solutions, including Bamboo Apps’ cutting-edge dispatch system for autonomous shuttles, enabling remote monitoring of unmanned vehicles to enhance safety and efficiency. e-Pavement integrates sensors within road surfaces to improve safety and traffic management, while Auve Tech’s autonomous shuttles seamlessly integrate with public transport, offering efficient and eco-friendly urban mobility solutions. Metrosert is enhancing the precision of smart infrastructure, and Digilogistika Keskus is optimising logistics through advanced digital platforms, boosting supply chain efficiency in smart cities.

H.E. The Ambassador of Estonia to the UAE Maria Belovas stated, “Estonia’s footprint in integrating cutting-edge technology is pivotal in enhancing transportation safety, efficiency, and mobility. Our innovations are designed to meet the evolving needs of global smart cities and ensure a sustainable future for transportation.”

These advancements exemplify Estonia’s commitment to developing intelligent, sustainable, and efficient transport solutions that address both urban and rural mobility needs, and solidifying its global network.

In addition to presenting its technological progress at the ITS World Congress, Estonia focused on building meaningful connections and exploring new avenues for collaboration.

Forging Strategic Global Partnerships

Estonia is dedicated to expanding its international impact by building strategic partnerships, particularly in the Gulf region.

A recent networking event, hosted by H.E. The Ambassador of Finland, Ms. Tuula Yrjölä, and H.E. The Ambassador of Estonia, Ms. Maria Belovas, brought together Finnish and Estonian business delegations to cultivate global connections in smart mobility. The event also facilitated valuable discussions on future collaborations, reflecting Trade Estonia’s ongoing mission to support global innovation and sustainability in transport.

Ms. Maria Belovas highlighted the importance of these international connections in advancing the organisation’s strategic goals and enriching global collaborative efforts.

Building on this momentum, Trade Estonia is gearing up for its next significant engagement at GITEX Global 2024. This upcoming event will serve as a new stage for Estonia to underline their technological advancements and explore new avenues for collaboration with global technology leaders.

About Trade Estonia

Trade Estonia is part of Enterprise Estonia. As a state organisation, Trade Estonia helps Estonian companies to establish themselves in international markets. With a focus on future technologies and pioneering projects, Trade Estonia provides Estonian companies with access to market analysis and marketing strategies and creates the conditions for them to operate successfully on a global scale. Trade Estonia not only promotes the development of new business areas and the establishment of strategic partnerships, but also facilitates access to international networks, thus contributing to the global competitiveness of Estonian companies.

Photo: https://mma.prnewswire.com/media/2512077/Maria_Belovas.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/estonia-strengthens-smart-mobility-networking-and-strategic-partnerships-in-the-gulf-302255186.html

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