On December 27th, 2018, the JimiIoT Tuya Partnership was prominently showcased during the Future Intelligent Business Summit, successfully held at the Dragon Hotel in Hangzhou, Zhejiang Province. The summit, sponsored by Tuya Smart—fresh from closing its C-round financing—and Caijing, an independent magazine in China, brought together over 100 AI experts and developers from across the globe. Participants gathered to explore the future of the AI+IoT industry, discussing advancements in technology, products, market trends, and business strategies.

As a high-tech enterprise with nearly 20 years of experience in communication and product innovation, JimiIoT focuses on IoT vertical businesses, covering R&D, product design, operations, sales, and cloud platform services. At the summit, the strength of the JimiIoT Tuya Partnership was recognized, as JimiIoT was honored with the prestigious Platinum Partner of the Year award by Tuya Smart.

Yang Yi, Co-founder and COO of Tuya Smart, delivered an inspiring speech at the event, emphasizing the core of IoT: “The essence of IoT is the connection between people. The more people connected, the more markets we can explore.”

According to industry projections, by 2020, over 27 billion smart devices would be connected to the Internet, with 8 billion new devices added annually. Consumers are expected to own multiple smart devices, with 10 billion being mobile-connected. Furthermore, reports by McKinsey & Company predict that the global IoT market’s economic value will reach $11 trillion by 2025, and the hardware market alone will exceed $53 billion by 2020.

Looking ahead, the JimiIoT Tuya Partnership is set to strengthen even further. Leveraging Tuya Smart’s robust cloud platform, JimiIoT plans to integrate its smart home products and GPS trackers into the Tuya ecosystem. This collaboration not only enhances product connectivity but also ensures that JimiIoT remains a strategic and integral partner of Tuya in the growing AIoT sector.

About Tuya Smart

Tuya Smart is a global AI+IoT developer platform and the world’s leading voice AI interactive platform. It connects consumers, manufacturing brands, OEMs, and retail chains, offering customers a comprehensive one-stop AIoT solution.