TLDR: IFS has appointed Kriti Sharma as CEO of Nexus Black, its AI innovation accelerator, and expanded its AI leadership team. This strategic move aims to accelerate the development of contextual and agentic AI systems for asset- and service-intensive industries, reinforcing IFS’s commitment to Industrial AI. Nick Vandivere has also been appointed Chief Innovation Officer at Nexus Black.
LONDON, UK – July 8, 2025 – IFS, a leading global provider of enterprise cloud and Industrial AI software, today announced a significant strategic move to accelerate its innovation in Industrial and Agentic AI with the appointment of Kriti Sharma as CEO of IFS Nexus Black.
Kriti Sharma is a globally recognized leader in the field of Artificial Intelligence, known for her extensive experience in building enterprise AI products and spearheading responsible AI initiatives. Prior to joining IFS, Sharma served as Chief Product Officer for LegalTech at Thomson Reuters, where she was instrumental in leading major AI transformations. Her impressive career includes senior AI roles at Sage Group and GfK, and she currently serves as a non-executive board member of Rightmove PLC. Sharma’s contributions to ethical and inclusive AI have earned her widespread recognition, including being named to Forbes 30 Under 30, receiving the UK Prime Minister’s Points of Light award, and being honored as a Young Leader by the United Nations.
In her new role as CEO of Nexus Black, IFS’s dedicated AI innovation accelerator launched earlier this year, Sharma will be at the forefront of designing and delivering domain-specific, agentic AI solutions. These solutions are tailored for critical industries such as manufacturing, energy, aerospace, and construction. Her mandate includes working closely with customers to develop practical, scalable applications that address complex, high-value, industry-specific challenges.
Commenting on the appointment, 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.” Mark Moffat, CEO of IFS, expressed his enthusiasm, saying, “This is a critical moment in our AI journey. With Kriti at the helm of Nexus Black and a team of outstanding leaders driving innovation, IFS is uniquely positioned to deliver Industrial AI solutions that are contextual and agentic, significantly beneficial to the sectors we serve.”
Further strengthening the AI leadership team, Nick Vandivere has been appointed Chief Innovation Officer at Nexus Black. Vandivere, who also joins from Thomson Reuters, will be responsible for expanding IFS’s Industrial AI pipeline. His focus will encompass frontier use cases and strategic technology investments, working in close collaboration with Sharma to expedite the delivery of agentic AI across the entire IFS Cloud platform.
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These strategic appointments underscore IFS’s unwavering commitment to advancing Industrial AI and accelerating the development of sophisticated agentic AI systems. The company aims to provide intelligent solutions that will profoundly impact sectors reliant on critical infrastructure and services through a focus on advanced intelligent automation, real-time decision-making capabilities, and specialized AI agents.
