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 AI transformations in legaltech. In her new role, Kriti will focus on developing domain-specific AI for industries like manufacturing and energy, aiming to solve complex challenges such as asset failure prediction and supply chain optimization. Joining her is Nick Vandivere as Chief Innovation Officer, both working to enhance IFS’s Industrial AI capabilities and deliver impactful, real-world solutions.
Kriti Sharma is joining IFS as the CEO of Nexus Black, its AI innovation accelerator, marking a significant advancement in the company’s commitment to enhancing 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 — from predicting critical asset failures to optimizing global supply chains.
In her new role, Kriti aims to transcend generic Gen AI tools, concentrating 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’ 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 merely the starting point. The true opportunity lies beyond generic tools. The revolution occurs with contextual, agentic AI that addresses deeply complex, industry-specific challenges.
“From predicting critical asset failures to optimizing global supply chains, with Nexus Black we’re not just developing AI — we’re creating intelligence that functions effectively 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 pioneering 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 possibilities; we’re constructing what’s essential.
“With Kriti leading 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 profoundly relevant to the industries we serve.”
