Product Jobs in Itasca, IL

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Principal Product Manager, Industrial AI

IFS Itasca, IL

Itasca, IL

Today

$190k - $215k/yr Full time Ai Products Iiot Product Management

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Job Description

IFS seeks a Principal Product Manager to lead Engineering and Construction initiatives in the Industrial AI space. The role oversees the full product lifecycle from discovery to adoption and scale, delivering AI-driven solutions for industrial customers under an AI-first strategy. The position is based in Itasca, IL with a hybrid work arrangement, offering a salary range of USD 190,000 to 215,000 per year.

Responsibilities

Define and execute a clear product vision and roadmap aligned with corporate strategy and measurable customer outcomes.
Identify high-impact opportunities through market, customer, competitive, and industry analysis.
Construct robust investment cases focused on value creation, adoption, scalability, and differentiation.
Drove growth across core and AI-enabled revenue streams.
Ensure strategy alignment across related products or components within the portfolio.
Lead end-to-end discovery in collaboration with Research and Design teams.
Engage directly with customers to understand workflows, operational challenges, and desired outcomes.
Co-create and validate solutions with customers.
Establish continuous feedback loops from discovery through adoption.
Utilize qualitative and quantitative insights to refine direction and ROI.
Prioritize ruthlessly based on measurable value.
Leverage AI, ML, and automation to enhance operational decision-making and optimize workflows.
Lead functional prototyping and early validation to ensure feasibility and market fit.
Champion an AI-first mindset across Product, Design, and Engineering, applying AI where it creates meaningful customer and commercial value.
Identify high-impact opportunities to embed AI into workflows, decision support, automation, and user experiences as a core capability.
Own the lifecycle from concept through launch and scale.
Bridge functional, technical, and commercial requirements to ensure smooth transition from prototype to adopted product.
Clarify priorities, remove blockers, and drive measurable progress toward customer outcomes.
Maintain transparency and alignment across Engineering, Design, Product Marketing, Support, Sales, Go-to-Market, and Customer Success.
Balance competing priorities while contributing to commercial performance and product P&L considerations.
Define and communicate clear product differentiation and value proposition.
Contribute to pricing and packaging strategy to maximize growth and market impact.
Collaborate with Product Marketing and GTM teams to ensure successful launches and strong market positioning.
Personally support customer and partner presentations to drive credibility and adoption.
Own adoption as a core metric, ensuring delivered capabilities are intuitive, usable, and deliver real operational impact.

Requirements

Six or more years of product management experience within SaaS, platform, or enterprise software environments.
Hands-on experience in the Engineering and Construction domain with direct industry involvement.
Proven ability to define and execute product strategy, vision, and measurable outcomes.
Direct experience with customer discovery, prototyping, and validating solutions.
Track record of launching and scaling products from concept to adoption, delivering measurable customer value.
Strong communication, stakeholder management, and prioritization capabilities.
Data-driven decision making using analytics, experimentation, and evidence to guide direction.
A curiosity about AI and a willingness to apply AI solutions where appropriate.
Experience with developer platforms, application frameworks, data services, or AI/ML-enabled enterprise applications.
Experience with commercial responsibilities such as pricing, monetization, or P&L ownership.
Experience working in global, distributed organizations and partnering across geographies.

Benefits

Compensation includes a salary range of $190,000 to $215,000 plus bonus.
Flexible paid time off, including sick and holiday.
Full medical, dental, and vision insurance.
401(k) with company contribution.
Flexible spending accounts.
Life insurance and disability benefits.
Tuition assistance.
Opportunities for community involvement and volunteering.

Additional Information

We promote flexibility and hybrid work arrangements to support diverse needs and lifestyles, while maintaining an inclusive workplace. By fostering a sense of community, we drive innovation, strengthen connections, and nurture belonging, enabling you to work in a manner that suits you best while collaborating with colleagues to share ideas and build meaningful relationships.

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