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Home>Tuya News>Tuya Smart Recognized in Four Gartner 2021 Emerging Technology Reports
Tuya Smart Recognized in Four Gartner 2021 Emerging Technology Reports
Nov 29, 2021

Tuya Inc. ("Tuya Smart" or the "Company") (NYSE: TUYA), a leading global IoT development platform, today announced that the Company has been included in five Gartner reports, including a Gartner Hype Cycle for Digital Business Capabilities, 2021. Tuya Smart was recognized in the following Gartner reports from September to October, 2021:

  • Hype Cycle for Digital Business Capabilities, 2021
  • Emerging Technologies Impact Radar: Edge AI
  • Emerging Technologies and Trends Impact Radar: Cloud Computing
  • Emerging Technologies and Trends Impact Radar: Enterprise Software
  • Emerging Technologies and Trends Impact Radar: Internet of Things

"The COVID-19 pandemic, coupled with emerging digital trends, has created unprecedented opportunities for business transformation, adopting IoT and smart technologies to meet new user needs," said Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart. "We’re proud to be recognized by Gartner and believe this recognition is for helping enterprises meet this demand. By harnessing digital products, cloud computing and IoT platform services, corporations can work to future-proof and seize new market opportunities."

According to Gartner’s Hype Cycle for Digital Business Capabilities, 2021 report it “focuses on wide-scale digital change that will impact all industries and enterprises. We have selected the capabilities on this Hype Cycle for their potential to impact digital business growth and their broad influence on business and society.” The report goes on to advise that “pioneering enterprises are driving many of these capabilities forward and having significant influence over their outcomes. Mainstream and follower enterprises need to understand and evaluate potential outcomes to avoid strategic blind spots and to more effectively manage risk profiles and threats.”

Tuya Smart was included as a Sample Vendor in Hype Cycle for Digital Business Capabilities, 2021. These products allow companies to stay connected to customers, improve products and expand their business model. According to the report, Market Penetration for Digitally Connected Products is 1% to 5% of target audience. Corporations face many barriers to adopting digital connected products, including internal frictions and lack of a clear business strategy, which is where partners like Tuya Smart can help overcome barriers.

To view the full Gartner report, Hype Cycle for Digital Business Capabilities, 2021, please visit: https://www.gartner.com/interactive/hc/4007549?ref=solrAll&refval=305225327 (Gartner Subscription Required)

Source:

Gartner,Hype Cycle for Digital Business Capabilities, 2021, David Furlonger et al., 26Oct 2021 https://www.gartner.com/interactive/hc/4007549?ref=solrAll&refval=306277319

Gartner,Emerging Technologies Impact Radar: Edge AI, Eric Goodness et al., 26 Oct 2021 https://www.gartner.com/document/4007564?ref=solrAll&refval=305224369

Gartner,Emerging Technologies and Trends Impact Radar: Cloud Computing, WataruKatsurashima et al., 13 Oct 2021 https://www.gartner.com/document/4006831?ref=solrAll&refval=304754705

Gartner,Emerging Technologies and Trends Impact Radar: Enterprise Software, JohnKostoulas et al., 4 Oct 2021 https://www.gartner.com/document/4006476?ref=solrAll&refval=304754705

Gartner,Emerging Technologies and Trends Impact Radar: Internet of Things, MatthewFlatley et al., 30 Sep 2021 https://www.gartner.com/document/4006384?ref=solrAll&refval=304754705

Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Tuya Inc.

Tuya Inc. ("Tuya Smart") (NYSE: TUYA) is a global IoT development platform that builds interconnectivity standards to bridge the intelligent needs of brands, OEMs, developers, and retail chains across a broad range of smart devices and industries. Based on the global public cloud, Tuya connects different intelligent scenarios and smart devices by providing hardware development tools, integrating global public cloud services, and offering an intelligent business development platform. Tuya provides comprehensive smart empowerment from technology to marketing to foster a neutral, open, and accessible developer ecosystem.

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