Yotta and Blue IoT partner up, with asset management solutions a key focus
Yotta and Blue IoT have entered into a collaborative partnership to work together on asset management as well as smart building and environmental services solutions.
According to a statement, the partnership will allow the two organisations to work together to offer customers infrastructure asset management, connecting everything from waste bins to streetlights to stormwater drains, alongside the common mission of delivering high-quality, low carbon footprint smart buildings, energy and environmental services management.
As a collaborative partnership, both parties will refer their customers and prospects to the others solutions and services, and highlight the benefits of these, as well as actively seeking opportunities to develop joint proofs of concept to demonstrate their capabilities to customers and prospects, the companies state.
Moreover, both Yotta's connected asset management platform, Alloy, and Blue IoT's cloud-based IoT Building and Energy Management System (BEMS), Encompass Blue, feature open application programming interfaces (APIs).
As a result, this enables end-user customers to integrate the two systems and also integrate them with their own infrastructure, together with other applications.
Yotta alliance manager Anique Bravenboer says, “Historically, we have been associated with traditional highways and waste management opportunities with UK-based local governments and councils. Those markets will continue to be strong for us, however, we are looking to expand into new geographies and market sectors.
“Our interactions with customers increasingly start with IoT today and this is a space we want to grow into more moving forwards. This new partnership will help us to sustain this focus on IoT, as well as significantly expand the cost savings and efficiency gains we can offer our local government customers.
Bravenboer says, “Working with Blue IoT represents a value add for Yotta. Through Alloy we can offer customers better connectivity to all of their infrastructure assets.
"Thanks to our agreement with Blue IoT, we will also be able to offer them better smart building and energy management including a range of COVID-19 risk mitigation services, particularly indoors across their offices, facilities and sites.
Yotta is already involved in two proof of concept projects based on IoT capabilities in Australasia: the City of Ryde Green Bus Shelter project in Sydney, and a highways management and maintenance project for Auckland System Management (ASM) in New Zealand.
Yotta states the company expects the agreement with Blue IoT will enable the development of other opportunities into proof of concepts and long-term commercial opportunities in the IoT space.
Blue IoT founder and chief innovation officer Bob Sharon says, “We are delighted to be working with Yotta, with whom we share a strong focus on introducing technology initiatives to benefit customers and reduce carbon footprints.
"Working with Yotta allows us to add asset management to our portfolio and expand our capability from inside buildings, to helping to deliver efficiencies in waste management and environmental services outdoors.
"We can also add value to the proposition by bringing in innovative service provider partners, in and around the asset management both indoors and outdoors.
Sharon says, “We are confident that this partnership will enable us to expand our market share not just in Australia, but across the world. I'm convinced that by pooling our resources and developing what we have together, we can leverage more business.
"The two businesses complement each other well. We look forward to working with Yotta to develop and explore new IoT focused opportunities over the coming months and years.