VitalEdge Technologies, a prominent player in enterprise software for equipment dealers and distributors, has announced the appointment of Vikram Savkar as its new Chief Executive Officer, effective November 11, 2024. This strategic leadership change comes at a pivotal moment for the company, which is focused on enhancing its offerings and expanding its market presence in the agriculture, construction, and material handling sectors, among others.
Savkar brings nearly three decades of experience in enterprise-scale software and information businesses, having held senior roles at Wolters Kluwer, Nature Publishing Group, and Pearson Education. His extensive background in product management and leadership positions will be crucial as he sets out to develop and implement a clear strategy aimed at delivering increased value to customers. At VitalEdge, he will focus on driving investments in both the e-Emphasys and IntelliDealer product suites, fostering a culture of innovation among a global workforce spread across four continents.
The company has undergone significant transformation in recent years, particularly following its merger with CDK Global Heavy Equipment in May 2023. This merger not only expanded VitalEdge’s product portfolio but also led to a rebranding that distinguishes the parent company from its popular dealer ERP platform. The integration of IntelliDealer into their offerings marks a strategic move to enhance operational efficiencies and customer success, and Savkar’s leadership is expected to propel these initiatives forward.
Nicholas Leppla, Director at TA, an investor in VitalEdge, highlighted Savkar’s impressive track record in leading large enterprise software companies and his commitment to fostering high-performance cultures. His expertise comes at a time when VitalEdge is poised to capitalize on new opportunities in the heavy equipment industry, reinforcing its market leadership. Similarly, David Hirsch, Managing Director of True Wind, emphasized the solid foundation the company has built, which now empowers Savkar and his team to drive future growth.
Savkar expressed his enthusiasm for joining VitalEdge, noting the company’s strong history of developing products that provide critical value to businesses globally. His vision includes partnering with customers to transform their needs into innovative solutions while empowering employees to engage passionately with their work. As he steps into this role, Savkar is committed to magnifying VitalEdge’s impact and growth, signaling a promising future for the company as it navigates the evolving landscape of the equipment dealer and distributor market.
