Last month, there was a Chinese IoT platform company –Tuya Inc which raised $915 million with an initial public offering and listed on New York Stock Exchange under the ticker symbol “TUYA“.
Tuya is expected to generate revenue of around $291.5 million (up 62.1% YoY), gross profit of $109.9 million (up 77.5% YoY) and an operating loss of $80.6 million in 2021. As of April 9,2021, TUYA has a market value of $12.4 Billions. 
Tuya has a great vision to become the largest cloud platform that enable IoT products and services in the world since founded in 2014 in Hangzhou, China. Its platform delivers a full suite of offerings, including Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS) to businesses and developers. It enables businesses and developers to quickly and cost effectively develop, launch, manage and monetize software-enabled devices and services.
It had over 5,000 customers in 2020, primarily including brands, original equipment manufacturers (OEMs), industry operators and system integrators. For the same period, its platform empowered over 2,700 brands to develop smart devices, including leading brands such as Calex, Philips and Schneider Electric. In 2020, it powered over 116.5 million smart devices, making it the largest IoT PaaS business in the global market in terms of the volume of smart devices powered, according to CIC.
For smart home lighting applications, they provide the solutions for tunable color temperature ,colored light, scenario switch, dance to music, leaving home mode, color temperature and brightness change over the day, scheduling, sensing and motion control, photo sensor control etc. It enables OEM lighting manufactures to customize what they would like to have for their unique customer needs.
In the commercial lighting space, it offers Commercial Lighting Management Platform which provides a centralized display of project information, service support for digital operations, and data to help with business intelligence.
It also supports Device Visualization Management:
- Map showing device location
- Real-time display of device operating status
- Real-time device control
It also offers Energy Consumption Statistics/ Monitoring:
- Multi-dimensional display of building energy usage and trends.
- Real-time monitoring of energy savings and expectations
- Notification warnings of abnormal devices
- SMS, email, voice and phone notifications are pushed to the user
- Quickly locate and replace abnormal devices
Of course, it can do the Automation Control and Schedule of lighting systems:
- Customized lighting effects for different scenarios
- Real-time lighting controls to meet your needs
Yes, Human Centric Lighting with its Adaptive lighting features: Adaptive lighting provides different levels of light intensity and color temperature at different times of the day to maintain physical and mental health. Utilize circadian rhythm programming to improve health and working efficiency.
What is the standard product development process for lighting manufacture to use Tuya Smart lighting solution?
1 Enter IoT Platform
2 Create Product
3 Select Plug and Play Solution
4 Define Function
5 Select/Design Panel
6 Select SDK Connection
7 Select Module/Chip
8 Purchase Sample
9 Perform Debugging
10 Arrange Production
Tuya claims with its one-stop smart solutions on the IoT Platform, OEMs can get a sample within one day, and put it into mass production within 15 days and the plug-and-play solutions can save huge development and maintenance costs.
It can also integrates third party service into product development :
- App Value-added Services: Siri access, App Watch access, and phone-call notifications.
- Smart Voice Assistant: Integrate with popular voice assistants, like Amazon Alexa, Google Assistant, and Baidu DuerOS
What types of communication protocols does Tuya platform support right now?
The Tuya IoTOS adapts to over 30 types of AIoT chips and covers major communication protocols, including Wi-Fi, Bluetooth Low Energy (LE), Wi-Fi + Blutooth LE dual-mode, Zigbee, and NB-IoT.
let us see one of the WI-FI RGBCW Retrofit recessed downlight product listed in their Tuya IoT online Expo website.
they can customer their own brand lighting app features ;
There are a lot Tuya enabled smart home products has come to US major retails channels.
