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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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PolyAI partners with OpenTable to offer enterprise restaurants and diners reservation support using voice AI

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September 23, 2024

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LONDON and NEW YORK, Sept. 23, 2024 /PRNewswire/ — PolyAI, a pioneer in voice AI solutions for customer experience and service, today announced a partnership with OpenTable, a global leader in restaurant technology, expanding PolyAI’s guest-led voice assistants to enterprise restaurants. Locations that opt in will be able to take reservations over the phone, answer questions, gain visibility in customer trends, and deliver on-brand experiences – all while alleviating staff time and resources.

This alliance delivers PolyAI’s lifelike voice AI to help restaurants tackle challenges around staffing and provide consistent hospitality, even off premise. In a survey conducted by the National Restaurant Association, 62% of operators said their restaurants did not have enough employees to support existing demand. With onsite staff focused on in-house patrons, restaurant groups routinely miss between 30-60% of phone calls to their front of house (per PolyAI customer data) – meaning missed revenue opportunities and equally valuable customer touch points.

Never miss another call, thanks to PolyAI and OpenTable

With this strategic partnership, OpenTable’s global network of restaurants will be able to integrate PolyAI voice assistants, built using generative AI and spoken language technologies, to assist their diners in seamlessly booking and managing reservations over the phone, during and outside of operating hours.

“We know how tightly restaurants manage their guest experience and this can be even more complex for our partners doing business at scale,” said Susan Lee, Chief Strategy Officer at OpenTable. “We have, and continue to invest in, technology that pushes boundaries and enhances hospitality and our integration with PolyAI is a new way we can drive efficiencies for our restaurants, and diners.”

For larger operators, this partnership enables numerous iterations of voice assistants to cater to the unique needs of multi-location and multi-brand portfolios, while providing PolyAI’s proven enterprise-grade assurances around availability, security and data protection.

“We have extensive experience deploying voice assistants to hundreds of locations for some of the largest restaurant groups in the world, helping operators resolve up to 70% of calls over the phone without the need for additional staff,” said Michael Chen, VP of Strategic Alliances at PolyAI. “This strong connection with the restaurant industry started right from the earliest days of PolyAI. We’re thrilled to deepen that further and work with OpenTable to help even more restaurant operators attract more diners, streamline operations and maximise revenue.”

The journey starts at the Integration Marketplace

OpenTable restaurants will be able to request an integration with PolyAI via its Integration Marketplace, which powers 150+ integrations among the most widely used restaurant software. Beyond managing reservations over the phone, PolyAI’s guest-led voice assistants also offer operators a powerful new channel for implementing consistent brand experiences that can deliver greater personalisation, more proactive revenue and upsell as well as offer new ways of collecting diner feedback and tracking customer satisfaction.

About PolyAI

PolyAI is a leading provider of AI-powered voice assistants. Their customer-led voice assistants are used across industries within global companies where B2C conversations are crucial, like Whitbread, Greene King, Caesars Entertainment and FedEx. PolyAI’s award-winning voice assistants have earned renown for their ability to understand natural language and provide quick, accurate and helpful responses. Hear more about what they’re bringing to the market by visiting poly.ai

About OpenTable

OpenTable, a global leader in restaurant tech and part of Booking Holdings, Inc. (NASDAQ:BKNG), helps more than 60,000 restaurants worldwide fill 1.7 billion seats a year.  OpenTable’s world-class technology empowers restaurants to focus on what matters most – their team, their guests, and their bottom line – while enabling diners to discover and book the perfect restaurant for every occasion.

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VeriPark Receives Microsoft Business Applications 2024/2025 Inner Circle Award and Joins Partner Advisory Council

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September 23, 2024

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LONDON, Sept. 23, 2024 /PRNewswire/ — VeriPark, a Microsoft Solutions Partner in the Financial Services Industry, has been selected for the Business Applications 2024-2025 Microsoft Inner Circle and the Microsoft Financial Services Partner Advisory Council.

Participation within Inner Circle is based on sales achievements that rank VeriPark in the top echelon of Microsoft’s Business Applications global network of partners. Inner Circle members are known for performing at a high-level by delivering innovative solutions that help organizations excel.

Ozkan Erener, CEO VeriPark: “We are honored to once again be recognized by Microsoft for our commitment to driving digital transformation for our clients. Partnering closely with Microsoft allows us to harness the latest technologies to revolutionize the Financial Services Industry. This recognition highlights the success of our collaborative strategy and execution.”

VeriPark first joined Microsoft’s Inner Circle in 2011 and has since provided innovative solutions that help financial institutions achieve a competitive advantage. By leveraging Microsoft’s platform, VeriPark continues to offer unparalleled services and solutions to its clients.

“Partners achieving the Inner Circle demonstrate an exceptional impact helping customers accelerate their AI and digital transformation with Dynamics 365 and Power Platform,” said Peter Jensen, Microsoft Business Application Partner Strategy Lead. “Microsoft AI Cloud Partner Program partners who achieve the Business Application Inner Circle distinction stand out for their deep AI, Cloud and Industry knowledge.”

Additionally, VeriPark’s selection for the Financial Services Partner Advisory Council highlights its role in shaping Microsoft’s financial services strategies and product roadmaps. As a PAC member, VeriPark will provide feedback on Microsoft’s financial services solutions and gain early insights into future roadmaps.

About VeriPark 

VeriPark is a global solutions provider enabling financial institutions to become digital leaders by placing Customer Experience at the core of digital transformation. VeriPark’s Intelligent Customer Experience suite delivers world class customer journeys on digital and assisted channels.

With its main offices located in the United Kingdom, Europe, North America, Asia, Africa and the Middle East, VeriPark helps financial institutions to enhance customer acquisition, retention and cross-sell capabilities. Their proven, secure, and scalable solutions cover Customer Engagement, Omni-Channel Delivery, Branch Automation, and Loan Origination. VeriPark collaborates with clients, crafting innovative technology strategies and solutions, that impact millions of people daily, bringing the promise of digital transformation to life.

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Huawei Updates FTTO 2.0 and Releases New Scenario-based Products, Driving Campus Networks to Wi-Fi 7 Era

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September 23, 2024

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SHANGHAI, Sept. 23, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei updated fiber to the office (FTTO) 2.0 and launched a series of new scenario-based products for industries such as education, healthcare, and hospitality. The next-generation green 10G all-optical network oriented to Wi-Fi 7 accelerates fiber-in copper-out and contributes to campus intelligence.

“In the Wi-Fi 7 era, Fiber-in Copper-out is a must for campus networks, and FTTO 2.0 commercial use is accelerating. Huawei is willing to work with customers and partners to seize opportunities in optical business, achieving a win-win future for campus intelligence.” noted Gavin Gu, President of Enterprise Optical Business Domain, Huawei.

Huawei’s FTTO 2.0 solution achieves a simplified architecture with the number of network layers cut from three to two, active to passive transition, 30% lower energy consumption, and 80% less cabling. Based on XGS-PON Pro and Wi-Fi 7 technologies, this solution supports 12.5G/25Gbps to rooms, 10Gbps to APs, and 2.5Gbps to desktops. The hard slicing technology enables multiple services to be carried over one network, reducing the TCO by 30%. This helps enterprises build green, ultra-broadband, and simplified campus networks.

At the session, Huawei released a selection of FTTO 2.0 products for various scenarios and industries.

In the education industry, Huawei launched the industry’s first high-density ultra-10G optical terminal Huawei OptiXstar P884E for smart classrooms. Meeting the requirements of high-density and high-bandwidth access scenarios, this product implements 12.5G/25Gbps to classrooms and 2.5Gbps to desktops. For dormitories, Huawei launched the industry’s first 8-port Wi-Fi 7 optical AP OptiXstar W617E, which supports unified wired and wireless access for a room with 8 students. For education metro networks, Huawei launched the edge optical gateway Huawei OptiXstar E853E. Supporting remote PON port deployment, closed-loop local service forwarding, and flexible configuration, the Huawei OptiXstar E853E meets the access requirements of all services in campuses such as primary schools and kindergartens.

For hospital wards, Huawei launched the industry’s first 10G ceiling-mounted Wi-Fi 7 optical AP Huawei OptiXstar W817C, whose seamless roaming technology enables mobile ward rounds.

For hotels, Huawei launched the next-generation three-in-one Wi-Fi 7 optical AP Huawei OptiXstar W827E-3, which supports unified access of wired, wireless, and telephone services so that one ONT can carry all services in each guest room over one fiber. In this way, it provides ultimate Wi-Fi 7 network experience at a lower cost and improves the positive feedback rate of guests.

For factory workshops, Huawei launched the small-sized industrial optical terminal Huawei OptiXstar T602E, which supports guide rail installation and fiber to the machine without extra cabinets, allowing for flexible capacity expansion. By helping to build a reliable and flexible advanced industrial network for smart factories, the product improves the quality and efficiency of factory production.

Huawei’s FTTO solution has been put into commercial use in more than 9000 campuses around the world. In addition, Huawei’s 50G POL solution that supports hard slicing has also been put into commercial use.

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SOURCE Huawei

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