Tata Consultancy Services Limited (TCS) has entered into a partnership with SKF to accelerate intelligent transformation across the bearing manufacturer's global operations. SKF awarded TCS a global AI-led business transformation contract.
TCS will provide end-to-end managed services across applications, infrastructure, data, end-user services, security, and connectivity for SKF globally. The program will modernise SKF's existing IT landscape, standardise operations, and create an AI foundation for greater agility and operational efficiency. TCS will also accelerate the design and adoption of SKF's next-generation Enterprise Resource Planning platform.
Rickard Gustafson, CEO of SKF, said the partnership is a long-term commitment between two companies that share a similar view on the future of industrial manufacturing. K Krithivasan, MD and CEO of TCS, said the collaboration will help build a resilient, scalable digital foundation for SKF.
The partnership will help SKF create a globally connected operating model combining centralised AI-enabled systems with the flexibility to meet local market needs. SKF plans to embed AI across IT, business, and products to accelerate growth and improve customer experience. TCS will bring its full stack AI approach spanning infrastructure to intelligence to support these initiatives.
TCS has maintained a presence in the Nordic region since 1991, with over 20,000 employees supporting leading enterprises in Sweden, Finland, Norway, and Denmark. TCS has been recognised as a Top Employer in Europe for 14 consecutive years by the Top Employers Institute, ranking number one in Sweden in 2026.
TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2026. SKF reported annual sales of SEK 91,583 million in 2025.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.