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Steven Elsham takes over CEO role at Ultimo

Ultimo, an IFS Group company and provider of enterprise asset management (EAM) software, has appointed Steven Elsham as its new CEO. Elsham, previously Vice President at Salesforce, brings over 20 years of experience in cloud technology, AI strategy and digital transformation. The aim of his appointment is to position Ultimo as the most innovative EAM provider and to drive forward AI-supported maintenance solutions. Ultimo offers...
E3 Magazine
October 28, 2025
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This text has been automatically translated from German to English.

Ultimo, an IFS Group company and provider of enterprise asset management (EAM) software, has appointed Steven Elsham as its new CEO. Elsham, previously Vice President at Salesforce, brings over 20 years of experience in cloud technology, AI strategy and digital transformation. The aim of his appointment is to position Ultimo as the most innovative EAM provider and to drive forward AI-supported maintenance solutions. Ultimo offers an SAP-certified solution that integrates seamlessly with SAP, ensuring data consistency and reliability. Elsham emphasizes: "The future of asset management is predictive, AI-driven and brings measurable added value to our customers." With functions such as AI-supported image recognition and automated translation, Ultimo simplifies complex processes and increases efficiency - especially in industries with high downtime costs and a shortage of skilled workers.

Source: Ultimo

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Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork.

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FourSide Hotel Salzburg,
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Wednesday, June 10, and
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Hotel Hilton Heidelberg
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Wednesday, April 22 and
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*The first 10 tickets are free of charge for students. Try your luck! 🍀
The event is organized by the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes attendance at all presentations of the Steampunk and BTP Summit 2026, a visit to the exhibition area, participation in the evening event and catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due course.