THEBUSINESSBYTES BUREAU
GOTHENBURG/MUMBAI, MAY 29, 2026
Tata Consultancy Services (TCS), a global leader in IT services,
consulting, and business solutions, has entered into a strategic partnership
with SKF to accelerate intelligent transformation across its global operations.
Through this collaboration, TCS will help SKF build a future-ready digital
enterprise by leveraging artificial intelligence to reimagine industrial
manufacturing business processes and operations.
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 worldwide. Combining its deep manufacturing expertise with
advanced IT capabilities and AI-led agentic workflows, TCS will modernise and
simplify SKF’s global technology landscape.
The programme will also standardise operations, strengthen domain-led
technology architecture, modernise core infrastructure, and accelerate the
design and adoption of next-generation Enterprise Resource Planning (ERP)
platforms.
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 to making SKF an AI-native, industry-leading, technology-driven
industrial manufacturer. TCS will bring its deep domain expertise, advanced
technology capabilities, 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 by combining centralised AI-enabled systems and harmonised processes with
the flexibility required to meet local market needs. It will support SKF in
embedding AI across every layer of 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, intelligence, and
access to cutting-edge innovation ecosystems — will help SKF create a
fit-for-purpose operating environment capable of hosting large-scale business
transformation initiatives across the industrial value chain for improved
customer centricity and market differentiation.
The new partnership with SKF further strengthens TCS’ strong foothold in
the Nordic region, where it has been operating since 1991. Currently, more than
20,000 TCS employees support leading enterprises across Sweden, Finland,
Norway, and Denmark, driving growth and transformation for some of the region’s
top corporations across multiple sectors.
TCS has maintained a strong presence in Sweden for over three decades, with offices in Stockholm, Gothenburg, and Malmö. TCS Pace Studio in Stockholm provides customers exclusive access to its global innovation ecosystem. TCS has also been recognised 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 with the Swedish community as the title sponsor and technology partner of TCS Lidingöloppet, the world’s largest cross-country running race.