SKF awards global AI-led business transformation contract to TCS
Tata Consultancy Services has entered into a strategic partnership with SKF to drive intelligent transformation across its global operations. The engagement involves providing end-to-end managed services to modernise IT infrastructure and embed AI into business processes. This collaboration aims to build a resilient digital foundation and establish SKF as an AI-native industrial manufacturer.

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Tata Consultancy Services has entered into a strategic partnership with SKF to accelerate intelligent transformation across its global operations. The long-term collaboration will modernise SKF's existing IT landscape and create an AI foundation for greater agility, resilience, and operational efficiency across the enterprise. This partnership positions TCS as a key technology partner enabling SKF to become an AI-native, industry-leading industrial manufacturer.
Scope of Engagement
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 globally. The program will standardise operations, strengthen domain-led technology architecture, modernise core infrastructure, and accelerate the design and adoption of a next-generation Enterprise Resource Planning platform. TCS will leverage its deep manufacturing and IT expertise combined with AI-led agentic workflows to simplify the global technology landscape.
Strategic Significance
Rickard Gustafson, CEO, SKF, emphasized that the next decade of industrial manufacturing will be defined by the integration of AI into design, production, and service. He stated that with TCS as a partner, SKF is building operational and AI foundations to set new standards for precision and customer value. K. Krithivasan, MD and CEO, Tata Consultancy Services, highlighted that the partnership focuses on modernising SKF's global IT landscape and building a resilient, scalable digital foundation to support long-term sustainable growth.
Partnership Details
| Parameter | Details |
|---|---|
| Partnership Type | Strategic Technology Alliance |
| Key Focus Areas | AI-Led Business Transformation, IT Modernization |
| Service Scope | End-to-end Global Managed Services |
| Partner | SKF |
This partnership 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. The collaboration will help SKF create a globally connected operating model, embedding AI in every layer across IT, business, and products to drive faster growth and enhance customer experience.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE467B01029/0ebc666c8c924e7a.pdf
Historical Stock Returns for Tata Consultancy Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.35% | -1.84% | -4.70% | -27.78% | -35.43% | -27.68% |
What is the projected timeline for the complete rollout of the next-generation ERP platform?
How will this partnership impact TCS's revenue share from the European manufacturing sector?
What specific metrics will be used to measure the success of the AI-native transformation?


































