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Tuya Smart Delivers IoT Best Practice Using Amazon Aurora, Leads the Direction of Cloud Database Innovation Use Cases with Amazon Web Services

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Tuya Smart (NYSE: TUYA, HKEX: 2391) has partnered with Amazon Web Services (AWS) to deliver best practices in using Amazon Aurora at IoT industry, aiming to address high concurrency and low latency challenges faced by billions of online devices. Tuya leverages Aurora's unparalleled performance and availability at a global scale to manage billions of real-time online devices, providing a seamless user experience during peak traffic and ensuring data security compliance in different regions. The partnership with AWS has enhanced Tuya's IoT applications performance indicators, stability, low latency, scalability, and security, promoting the evolution of cloud experience.
Positive
  • Tuya's collaboration with Amazon Web Services (AWS) to leverage Amazon Aurora for IoT best practices is a strategic move to address high concurrency and low latency challenges faced by billions of online devices.
  • The Tuya IoT Developer Platform has accumulated over 909,000 registered developers from over 200 countries and regions, covering industries including real estate, hospitality, residential, industry, agriculture, etc., showcasing the company's global reach and business coverage.
  • Tuya's use of Amazon Aurora as a core database engine has enabled the company to manage billions of real-time online devices and maintain cloud message processing response times under 10 milliseconds, ensuring a seamless user experience during peak traffic.
  • Amazon Aurora's ongoing investment in innovative technologies provides more opportunities for Tuya to expand its business, enhancing the company's competitive edge in the IoT industry.
  • The partnership with AWS has enhanced Tuya's IoT applications performance indicators, stability, low latency, scalability, and security, promoting the evolution of cloud experience.
Negative
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Insights

From a market perspective, Tuya Smart's collaboration with Amazon Web Services (AWS) and its use of Amazon Aurora as its core database engine is a strategic move that can influence its competitive positioning within the IoT industry. The ability to manage billions of devices with low latency is a significant technological advantage. This capability can attract more partners and customers seeking efficient and scalable IoT solutions, potentially increasing Tuya's market share and revenue streams.

The IoT sector is rapidly growing and efficient data management is crucial for IoT platforms. By leveraging Aurora's high performance and scalability, Tuya not only improves its service quality but also demonstrates its commitment to adopting cutting-edge technology. This can enhance its reputation as an innovative leader, which may positively influence investor sentiment and stock performance.

Amazon Aurora's architecture, featuring separate compute and storage with low-latency replication and up to 15 read replicas, provides Tuya with a robust infrastructure capable of accommodating high-traffic periods and rapid scalability. The integration of Aurora Serverless for elastic expansion is particularly noteworthy as it allows Tuya to efficiently manage traffic surges without overprovisioning resources, potentially reducing operational costs.

Furthermore, Tuya's adherence to various data compliance regulations, such as GDPR, by utilizing Aurora's physical encryption is a critical aspect of their service, especially in an era where data privacy is paramount. This commitment to security can be a differentiator in attracting customers who prioritize data protection, potentially leading to increased trust and adoption of Tuya's IoT platform.

From a cybersecurity standpoint, the emphasis on data security and compliance with Tuya's use of Amazon Aurora is a proactive measure in an industry where data breaches are a significant risk. The physical encryption provided by Aurora can mitigate the risk of data exposure, enhancing Tuya's security posture. By prioritizing security, Tuya not only safeguards its operations but also builds trust with its customers and developers, which is crucial for long-term partnerships and customer retention.

Moreover, Tuya's ability to meet regional data compliance requirements can be seen as a strategic advantage in a global market. It allows Tuya to operate across borders without facing significant legal hurdles related to data sovereignty, thus facilitating international expansion and potentially increasing its global footprint in the IoT space.

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), the global IoT developer service provider, has delivered its Best Practices in using Amazon Aurora at IoT industry. Amazon Aurora is a relational database management system (RDBMS) built for the cloud with full MySQL and PostgreSQL compatibility. Tuya and Amazon Web Services (AWS) built a solid basis of collaboration in database use cases exploration while also delivering smooth operation of billions of devices requiring high concurrency and low latency.

Tuya and AWS: Building a benchmark for database implementation practice

Tuya is a leading technology company focused on making our lives smarter. Tuya does this by offering a cloud platform that connects a range of devices via the IoT. By building interconnectivity standards, Tuya bridges the intelligent needs of brands, OEMs, developers, and retail chains across a broad range of smart devices and industries. Tuya's solutions enable partners and customers by improving the value of their products while making consumers' lives more convenient through the application of technology.

As of September 30, 2023, the Tuya IoT Developer Platform has accumulated over 909,000 registered developers from over 200 countries and regions, covering industries including real estate, hospitality, residential, industry, agriculture, etc. The greater the breadth of business coverage, the more advanced technological support required. Tuya faces high-frequency reads and writes as well as enormous data storage challenges from billion-level online devices. Meanwhile, due to the commercial scenarios involving smart homes and smart industries, Tuya's operating response demands low latency in order to deliver a smoother user experience. Furthermore, Tuya's quick expansion and regular business changes have posed significant challenges to its operation and maintenance management.

Tuya selected Amazon Aurora as core database engine for its unparalleled performance and availability at global scale. How does Tuya specifically leverage the Amazon Aurora database?

Tuya currently manages billions of real-time online devices and can keep cloud message processing response times under 10 milliseconds. However, billions online devices provide a challenge. During holidays, there will be peak traffic volume, with tens of millions of devices going online and offline virtually simultaneously. Tuya used Amazon Aurora to construct a data storage solution to solve the main problem of rapid increase in short-term traffic, and to fully utilize resources. Aurora's design, which separates compute and storage and low-latency replication functionality, improves system throughput by enhancing the effect of read-write separation. Aurora provides up to 15 read replicas, setting the groundwork for Tuya's read flexibility development. At the same time, Tuya has integrated Aurora Serverless, which includes seconds-level elastic expansion and contraction, allowing Tuya to handle extremely heavy business traffic smoothly.

Tuya's customers are located throughout more than 200 nations and regions, and they deal with widespread access to IoT data. Different countries and regions have different regulations on data compliance, such as GDPR and local PII. Tuya needs to adhere to each region's data security compliance regulations. As Tuya's primary business data storage provider, Amazon Aurora was among the first in the public cloud sector to enable physical encryption for database products, which significantly decreased the cost of Tuya's security compliance transformation and gave Tuya excellent basic security guarantees.

In addition, Tuya is continuously testing out additional new innovation unique to Aurora, such as Enhanced Binlog, zero-ETL, and Limitless Database. Aurora's ongoing investment in innovative technologies provides more opportunities for Tuya to expand its business.

Additionally, based on Tuya's comprehensive IoT developer platform architecture, both parties have collaborated to enhance Tuya IoT applications performance indicators like stability, low latency, scalability, and security in the real-world application of databases, revealing more potential and possibilities and enabling the IoT.

Tuya and AWS: Continuously promoting the evolution of cloud experience

Data-driven approaches will usher in a new era of innovation in tandem with the swift advancement of data applications.

At this year's re:Invent conference, Peter DeSantis, Senior Vice President of AWS, reviewed the relational database's development history in great detail. In 2014, AWS created Aurora based on log architecture. In 2018, the release of Aurora Serverless allowed for seamless scaling of database resources through virtualization technology. This year, AWS announced the launch of the Amazon Aurora Limitless Database, which automatically scales to millions of write transactions per second well beyond current limits of a single PostgreSQL instance.

It is apparent from Amazon Aurora's development history that AWS has always been dedicated to innovation. Customers and partners from a range of industries actively utilizes AWS to enable rapid innovation in a variety of ways, while also working together to enhance the cloud experience. Similar to how Tuya and AWS work together, Tuya's effective and user-friendly IoT developer platform and rich and varied IoT solutions have built a significant lighthouse, embracing the Amazon Aurora's innovation and accelerated the process of building a more secure and reliable IoT database use case.

Amazon Aurora VP Yan Leshinsky said, "Amazon Aurora is the fastest growing service in the history of AWS and is trusted by hundreds of thousands of customers. We innovate by working backwards from customers' needs, and we appreciate the feedback that Tuya has shared. We remain committed in developing new Aurora features and capabilities so all customers can accelerate their applications' capabilities and business growth by using Aurora."

"Tuya has always committed to strengthening advanced and valuable innovations, while offering open and neutral ecosystem assistance for global partners. We provide our developers with enhanced operational and maintenance control, adaptable data storage options, superior product experience, and a global business layout by utilizing the Amazon Aurora database. We will continue to work with AWS to benefit the world in the future in areas including technology, ecosystems, and cloud computing, helping customers achieve commercial success." said Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart.

Enhancing the partnership with AWS, Tuya delivered IoT best practice using Amazon Aurora database, giving the industry's growth additional impetus. Tuya will maintain its open and neutral stance going forward, collaborating with cloud service providers like AWS to offer global developers a more secure, reliable, and productive cloud environment, thereby advancing the innovation and development of the entire industry.

Cision View original content:https://www.prnewswire.com/news-releases/tuya-smart-delivers-iot-best-practice-using-amazon-aurora-leads-the-direction-of-cloud-database-innovation-use-cases-with-amazon-web-services-302042732.html

SOURCE Tuya Smart

FAQ

How does Tuya specifically leverage the Amazon Aurora database?

Tuya uses Amazon Aurora to construct a data storage solution to manage billions of real-time online devices and maintain cloud message processing response times under 10 milliseconds, ensuring a seamless user experience during peak traffic.

What are the key challenges faced by Tuya in managing its IoT devices?

Tuya faces high-frequency reads and writes as well as enormous data storage challenges from billion-level online devices, requiring low latency and smooth operation of billions of devices.

How many registered developers does the Tuya IoT Developer Platform have?

As of September 30, 2023, the Tuya IoT Developer Platform has accumulated over 909,000 registered developers from over 200 countries and regions, showcasing the company's global reach and business coverage.

What are the benefits of Tuya's partnership with AWS?

The partnership with AWS has enhanced Tuya's IoT applications performance indicators, stability, low latency, scalability, and security, promoting the evolution of cloud experience.

What is the ticker symbol for Tuya Smart?

The ticker symbol for Tuya Smart is TUYA.

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