Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, has entered intoa strategic partnership with SKF to accelerate intelligent transformation across its global operations. Through this collaboration, TCS will enable SKF to build a future-ready digital enterprise, leveraging AIto reimagine industrial manufacturing business.
As part of the engagement, TCS will provide end to end managed services across applications, infrastructure, data, end user services, security, and connectivity for SKF across the globe. Combining its deep manufacturing and IT expertise with AI-led agentic workflows, TCS will modernise and simplify global technology landscape. The program will also standardise operations, strengthen domain led technology architecture, modernise core infrastructure, and accelerate the design and adoption of next-generation Enterprise Resource Planning platform.
Rickard Gustafson, CEO, SKF, said,“The next decade of industrial manufacturing will be defined by how deeply companies integrate AI into how they design, produce, and serve. SKF intends to lead that shift. With TCS as our partner, we are not just modernising our technology, we are also building the operational and AI foundations that will set new standards for precision and customer value across our industry. This is a long-term commitment, made between two companies that share a conviction about where industrial manufacturing is heading.”
K. Krithivasan, MD and CEO, Tata Consultancy Services, said, “Our partnership with SKF is centred on modernising its global IT landscape and building a resilient, scalable digital foundation for the future. Together, we are applying data driven intelligence and AI to create an agile enterprise that can adapt to technological and market change while supporting long term sustainable growth and competitiveness. This collaboration reflects our joint commitment for making SKF an AI-native, industry-leading technology-driven industrial manufacturer. TCS will bring its deep domain expertise with advanced technology and partnership ecosystem to deliver outcome driven, enterprise scale business transformation across the value chain.”
This partnership will help SKF create a globally connected operating model, combining centralised, AI enabled systems and harmonised processes with the flexibility to meet local market needs. It supports SKF to embed AI in every layer across IT, business and products thereby driving faster growth, enhancing customer experience, and advancing strategic priorities at both global and regional levels.
TCS’ full stack AI approach spanning infrastructure to intelligence and access to cutting-edge innovation ecosystems will help SKF create a fit-for-purpose operating environment which will host business transformation initiatives across the industrial value chain for improved customer centricity and market differentiation.
This new partnership with SKF builds on TCS’ strong foothold in the Nordic region where it has been operating since 1991. Currently, over 20,000 TCS employees support leading enterprises in Sweden, Finland, Norway, and Denmark, driving growth and transformation for some of the region’s top corporationsacross multiple sectors.TCS has maintained a strong presence in Sweden for over thirty years, with offices in Stockholm, Gothenburg, and Malmö.TCS Pace Studio™ in Stockholm provides customers exclusive access to its global innovation ecosystem. TCS has been recognized as a “Top Employer” in Europe for fourteen consecutive years by the independent Top Employers Institute and was ranked number one in Sweden in 2026.
For more than a decade, TCS has consistently ranked among the top IT service providers for customer satisfaction in Europe in Whitelane Research’s independent survey of leading IT-spending organisations, securing the number one position in Sweden in 2026. TCS is also deeply engaged in the Swedish community as the title sponsor and technology partner of TCS Lidingöloppet, the world’s largest cross country running race.
K. Krithivasan, MD and CEO, TCS and Rickard Gustafson, President & CEO, SKF, at the deal signing ceremony at SKF headquarters in Gothenburg, Sweden
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