IFS appoints Kriti Sharma as CEO of Nexus Black
Dubai, United Arab Emirates – IFS, the leading provider of enterprise cloud and Industrial AI software, today announced the appointment of Kriti Sharma as CEO of IFS Nexus Black. This strategic move reinforces IFS's commitment to Industrial AI and fast-tracks the development of agentic AI systems designed for the asset- and service-intensive industries it serves.
Sharma is a globally recognized AI leader with a strong track record in building enterprise AI products and scaling responsible AI initiatives. She joins IFS from Thomson Reuters, where she served as Chief Product Officer for LegalTech, leading major AI transformations. She previously held senior AI roles at Sage Group and GfK, and is a non-executive board member of Rightmove PLC. Her work has been recognized by Forbes 30 Under 30, the UK Prime Minister's Points of Light award, and the United Nations, where she was named a Young Leader for her contributions to ethical and inclusive AI.
As CEO of Nexus Black, IFS's AI innovation accelerator launched earlier this year, Sharma will lead the design and delivery of domain-specific, agentic AI for industries such as manufacturing, energy, aerospace, and construction. She will work closely with customers to deliver practical, scalable applications that solve complex, high-value, industry-specific challenges.
Kriti Sharma, CEO of IFS Nexus Black, said: 'GenAI was just the starting line. The real opportunity lies beyond generic tools. The revolution happens with contextual, agentic AI that solves 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 building intelligence that works in the real world.'
Joining Sharma is Nick Vandivere, appointed Chief Innovation Officer, Nexus Black. Vandivere also joins from Thomson Reuters and will lead the expansion of IFS's Industrial AI pipeline. He will focus on frontier use cases and strategic technology investments, working closely with Sharma to accelerate agentic AI delivery across the IFS Cloud platform.
Mark Moffat, CEO of IFS, said:
'This is a critical moment in our AI journey. We're not just exploring what's possible, we're building what's needed. With Kriti at the helm of Nexus Black and an exceptional team of leaders driving innovation across our business, IFS is uniquely positioned to deliver Industrial AI that is contextual, agentic, and deeply relevant to the industries we serve.'
These appointments reflect IFS's continued investment in delivering intelligent automation, real-time decision-making, and AI agents purpose-built to solve the challenges of industries that maintain critical infrastructure and services.
-Ends-
About IFS
IFS is the world's leading provider of Industrial AI and enterprise software for hardcore businesses that service, power and protect our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability.
IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers' specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.
IFS was founded in 1983 by five university friends who pitched a tent outside our first customer's site to ensure they would be available 24/7 and the needs of the customer would come first. Since then, IFS has grown into a global leader with over 7,000 employees in 80 countries. Driven by those foundational values of agility, customer-centricity, and trust, IFS is recognized worldwide for delivering value and supporting strategic transformations. We are the most recommended supplier in our sector.
Visit ifs.com to learn why.
IFS Press Contacts:
EUROPE / MEA / APJ:
Adam Gillbe
Director of Corporate & Executive Communications
adam.gillbe@ifs.com
NORTH AMERICA / LATAM:
Mairi Morgan
Director of Corporate & Executive Communications
mairi.morgan@ifs.com
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