Nick Sykes
Vice President of Product, Restore
- Role
- Vice President, Restore Proptech at Verisk
- Location
- American Fork, UT, US
- LinkedIn followers
- 500 followers
About Nick Sykes
Product Creator, Strategist & Design ThinkerBridging art, engineering, and business to create what’s next.As Vice President of Product at Verisk, Nick leads a portfolio of industry-defining solutions in PropTech and Restoration, serving customers across real estate, remodeling, default, property management, and insurance restoration.With a rare blend of art, technology, and business acumen, Nick has been instrumental in shaping products that power critical industries. As the former head of Xactware’s Estimatics division, he played a pivotal role in developing global solutions, including Xactimate and XactContents, across mobile, desktop, and web platforms.A recognized innovator, Nick has been a key inventor on multiple patents for Xactware and Verisk, driving advancements in automation, AI, AR, and cutting-edge software solutions. His career spans leadership roles in development, product strategy, and quality assurance, where he has led teams to deliver breakthrough innovations, industry-first solutions, and high-impact product launches.Nick holds an MBA from the University of Utah, along with degrees in Information Technology (emphasis in Computer Science) and Art/Design from Utah Valley University. He has completed executive programs at prestigious institutions and earned certifications from top tech and business organizations.
Experience
Vice President, Restore Proptech
Oct 2021 — Present
As Vice President at Verisk, I drive innovation and growth across a diverse portfolio of 10+ products, spanning API and enterprise solutions to consumer-facing apps. Under my leadership, subscription product revenue has grown by more than 60% annually, achieving record-breaking success by focusing on solutions customers love.We\'ve pioneered industry-leading AI advancements, such as ROI calculations for remodeling costs with real estate data, and automated validation of tasks like yard maintenance and winterization through computer vision. We’ve launched new professional software features, such as automatic job scheduling based on construction phase data, financial and data integrations, and enterprise-driven \"Insights,\" which provides deep analytics for companies looking to make better data-driven decisions.With new market opportunities on the horizon, I continue to lead transformative change, ensuring our products stay at the forefront of the industry while delivering measurable business impact and exceptional customer value.
Education
Utah Valley University
Associate of Art & Design (AA), School of Arts
1999 — 2001
University of Utah - David Eccles School of Business
Master of Business Administration (MBA)
2010 — 2012
Utah Valley University
Bachelor of Science (BS), Department of Computer Science & Information Technology
2001 — 2003
University of Virginia Darden School of Business
Data Science, Executive Education
2018 — 2019
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