We are excited to welcome Sid Verma as our newest Strategy Partner at Momenta, the leading venture + growth company focused on Digital Industry.
Specializing in the Aerospace, Automotive, Metals, Mining, Construction, Ag-tech industry, Sid Verma brings more than 25 years of strategic problem-solving and product management experience, helping organizations transform their businesses, monetize new technologies, run SaaS businesses, and rapidly grow profitability.
Sid has dedicated his career to learning and understanding tech trends and next-gen technologies. Collaborating with digital product and industrial organizations, Sid provides strategic support to clients, helping them seamlessly integrate relevant technologies into their existing products. Currently, Sid's focus is on addressing mega-trends such as onshoring, cyber-defense, and workforce retirement, while leveraging next-gen technologies like Smart SCADA, AI/ML, Industrial DataOps, and LC/NC platforms to enhance organizational competitiveness over the next 5-7 years.
Doug Harp, Managing Partner of Momenta's Advisory practice, states, "We are excited to add Sid's extensive experience and capabilities as a global digital transformation executive to our growing advisory team. He brings deep domain expertise in building and leading Industrial AI-enabled SaaS and automation businesses, organically and via M&A. His executive acumen and experience at Deloitte, Siemens, Hitachi Vantara, and others make him an invaluable Practitioner Advisor to our Industrial customers.
Sid noted, "I'm thrilled to join Momenta's team to help enterprises strategize and walk their digital industrial transformation journey. During my various roles, I came to appreciate the inevitable march towards incorporating data and AI technologies to create new capabilities and revenue lines by digitizing product lines. I am excited that my capabilities will be exponentially amplified at Momenta with the deep bench of experts with first-hand experience of what works and what doesn't and the best way to make digital part of organization DNA."
Sid's perspective is well-rounded, with experience in Consulting (Deloitte, IBM, and Accenture) and Industry/Products (Siemens, Hitachi, TATA Motors, Astec, Pratt & Whitney, Safran). His profile exhibits a strong track record of delivering results and ensuring customer satisfaction in Strategy, Innovation, Digital Transformation, Business Development, Architecture, Program Management, Operations Advisory, and Advanced Analytics. His international perspective extends to engagements with clients in Canada, the USA, the UK, Germany, Australia, Switzerland, Finland, France, Russia, and India.
Sid holds an MBA in Strategy and Finance from the University of Toronto and a Master in Robotics and Computer Engineering from the University of Ottawa. He resides in Tennessee with his wife and two children. He is a perpetual learner, passionate about incorporating next-gen technology trends into today's products and processes with agility. On a personal level, Sid enjoys stock trading, gardening, tennis, and watching movies.
Momenta is the leading Industrial Impact venture capital + growth firm. We accelerate entrepreneurs and leaders devoted to the digitization of energy, manufacturing, smart spaces, and supply chains. Since 2012, our team of deep industry operators have made over 100 investments in entrepreneurs and helped scale over 150 industry leaders via our award-winning executive search and strategic advisory practices.
Momenta's Advisory team combines proven practitioner experience in digital industrialization with traditional consulting methods to develop successful strategies for advancing our clients' digital journey through targeted advisory engagements. We have advised more than 150 clients and have held leadership roles driving digitalization in trusted brands such as Schneider Electric, GE, Siemens, Xylem, Dover, TELUS, and PTC.Our offerings include digital strategy, market, and technology analysis, venture building, organic and inorganic activation, and buy-side M&A advisory. Let's talk about your company's digital journey acceleration!