Nick Smee has been CEO of Yotta, the leading provider of connected asset management software and services, for over a decade, helping steer the company’s transformation into a highly successful innovation-focused, SaaS business. Based in the UK, Yotta has an international network of partners, supports over 200 public and private customers and its software is used to manage more than 35 million assets. Yotta was acquired by construction technology provider Causeway Technologies in June 2022.
Nick has over 30 years’ experience in the software business, helping build and grow successful, innovative companies both organically and through acquisition.
Peter Haddock is a journalist, influencer content creator and communications professional with over 16 years' experience in the construction sector.
He runs Content With Media and is a correspondent for Construction Manager, Earthmovers Magazine, Plant and Civil Engineer and other titles in the industry.
[00:20] Peter gets the podcast started
[00.53] Nick’s introduction
[01.27] Yotta’s journey and data revolution
[03.20] Making the shift and utilising data
[05.00] Helping “over-worked” highways professionals make better decisions
[05.40] New chapter - Yotta now part of the Causeway Technologies
[07.00] Nick gives insight into “Horizons” product
[08.05] 70 local authorities now using Horizons
[12.40] Revolutionising asset management software
[16.00] Working with local authorities in Plymouth to create safer spaces
[17.00] Alloy is an “any-asset management system”
[18.15] Yotta technology is helping customers to drive down insurance premiums
[19:50] Defining what an asset is with artificial intelligence
[21.30] Streaming lining data with Yotta and discovering new asset type
[25.00] Peter touches on Yotta’s work with National Highway
[27.00] Nick expands on the success of National Highways project
[28.00] Nick reveals how local authorities and other organisations can achieve better management of risk with Alloy and Horrizons
[30.00] How does Yotta link in with the digital twin of a project
[34.20] What’s next for Yotta?
[36:23] Working with Causeway CPA in near future
[37:00] Creating a transparent culture moving forward with Causeway
[40.10] Nick shares his closing thought
[41.24] Peter and Nick close the episode