Key Takeaway
Kriti Sharma has been appointed CEO of Nexus Black, IFS’s AI innovation accelerator, marking a commitment to advancing Industrial and Agentic AI. A recognized leader in AI, she previously served as Chief Product Officer at Thomson Reuters, overseeing significant AI transformations. In her new role, Sharma will develop domain-specific AI for industries like manufacturing and energy, focusing on practical applications that address complex challenges. She will work alongside Nick Vandivere, the new Chief Innovation Officer, to enhance IFS’s Industrial AI capabilities. IFS CEO Mark Moffat emphasizes the importance of this leadership in delivering relevant AI solutions.
Kriti Sharma is joining IFS as the CEO of Nexus Black, its AI innovation accelerator, marking a significant step in the company’s commitment to advancing Industrial and Agentic AI.
Kriti is a globally recognized leader in AI, bringing extensive experience in developing enterprise AI products and promoting responsible AI initiatives at scale.
She comes to IFS from Thomson Reuters, where she held the position of Chief Product Officer for legaltech, overseeing major AI transformations.
As CEO of Nexus Black, Kriti will lead the design and implementation of domain-specific, agentic AI tailored for asset- and service-intensive industries, including manufacturing, energy, aerospace, and construction.
She plans to collaborate closely with customers to deliver practical, scalable AI applications that tackle complex, high-value, industry-specific challenges—ranging from predicting critical asset failures to optimizing global supply chains.
In her new role, Kriti aims to go beyond generic Gen AI tools, focusing instead on contextual, agentic AI that provides real-world intelligence and transformative business outcomes.
Kriti’s appointment is further strengthened by the addition of Nick Vandivere as Chief Innovation Officer of Nexus Black, enhancing IFS’s leadership in Industrial AI.
Together, they will expedite the delivery of cutting-edge AI solutions across the IFS Cloud platform.
Kriti states: “Gen AI was just the starting line. The real opportunity lies beyond generic tools. The revolution occurs with contextual, agentic AI that addresses deeply complex, industry-specific problems.
“From predicting critical asset failures to optimizing global supply chains, with Nexus Black we’re not just building AI—we’re creating intelligence that functions in the real world.”
Joining Sharma is Nick Vandivere, appointed Chief Innovation Officer of Nexus Black. Vandivere also transitions from Thomson Reuters and will spearhead the expansion of IFS’s Industrial AI pipeline. He will concentrate on frontier use cases and strategic technology investments, collaborating closely with Sharma to accelerate agentic AI delivery across the IFS Cloud platform.
Mark Moffat, CEO of IFS, adds: “This is a pivotal moment in our AI journey. We’re not merely exploring what’s possible; we’re constructing what’s necessary.
“With Kriti leading Nexus Black and an exceptional team of leaders driving innovation throughout our business, IFS is uniquely positioned to deliver Industrial AI that is contextual, agentic, and profoundly relevant to the industries we serve.”
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