Kriti Sharma Takes the Reins as CEO of IFS Nexus Black to Innovate AI Solutions

IFS Appoints Kriti Sharma as CEO of Nexus Black



In a significant move towards enhancing its leadership in the realm of Industrial AI, IFS has announced the appointment of Kriti Sharma as the new CEO of IFS Nexus Black. This strategic decision marks a pivotal step for the company in its mission to accelerate the development of AI solutions tailored for complex industries that rely on intensive asset and service management.

A Visionary in AI Leadership



Kriti Sharma is a name synonymous with innovation in the AI space. Before joining IFS, she served as the Chief Product Officer for LegalTech at Thomson Reuters, where she was instrumental in spearheading transformative AI initiatives. Her extensive background includes notable positions at Sage Group and GfK, as well as serving as a non-executive board member at Rightmove PLC. Sharma's contributions to ethical and inclusive AI have earned her recognition, including placements in Forbes 30 Under 30 and accolades from the UK Prime Minister, and she has been acknowledged by the United Nations as a Young Leader for her impactful work.

Driving Agentic AI Development



As the head of Nexus Black, IFS's recently launched AI innovation accelerator, Sharma will focus on creating domain-specific, agentic AI systems. These systems are designed to meet the unique needs of industries such as manufacturing, energy, aerospace, and construction. With a commitment to delivering practical applications that address intricate, high-stakes challenges, Sharma is poised to revolutionize how these sectors leverage technology to enhance efficiency and productivity.

Kriti Sharma stated, _"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."_

Strengthening the Leadership Team



Joining Sharma in this vital initiative is Nick Vandivere, who has been appointed as the Chief Innovation Officer of Nexus Black. Like Sharma, Vandivere comes from Thomson Reuters and will work alongside her to expand IFS's AI innovation pipeline. His focus will be on pioneering new uses and fostering strategic technology investments that further enhance the IFS Cloud platform.

Mark Moffat, CEO of IFS, emphasized the importance of these appointments, saying, _"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, IFS is uniquely positioned to deliver Industrial AI that is contextual, agentic, and deeply relevant to the industries we serve."_

Commitment to Intelligent Automation



These strategic appointments are a testament to IFS's continued investment in intelligent automation and real-time decision-making. The introduction of AI agents is set to tackle the pressing challenges faced by industries that maintain critical infrastructure and services.

As IFS embarks on this ambitious journey, the technology landscape can expect groundbreaking developments in how AI can support the sectors that define our economic and social structure. With Kriti Sharma at the forefront, the future looks promising as IFS Nexus Black strives to turn vision into reality, pushing the boundaries of what AI can achieve.

In conclusion, the leadership transition at IFS signals not just a change in personal but represents a broader commitment to innovating the use of AI in sectors that demand cutting-edge solutions. The groundwork laid by Kriti Sharma and her team is expected to shape the landscape of Industrial AI, setting new standards and paving the way for future advancements that cater to the complexities of today’s economy.

Topics Consumer Technology)

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