Tata Consultancy Services (TCS) has unveiled its latest TCS Pace Studio in Stockholm, Sweden, expanding its innovation ecosystem in the Nordic region. The state-of-the-art hub aims to accelerate digital transformation by offering enterprises access to cutting-edge technologies and collaboration with TCS’ global Co-Innovation Network.
TCS has opened a new TCS Pace Studio in Stockholm, Sweden, situated within the Epicenter House of Innovation. This facility, the first of its kind in the Nordic region and fourth globally, will allow local enterprises to leverage advanced technologies such as AI and robotics. It is designed to foster collaboration with startups and academia through TCS’ Co-Innovation Network (COIN™), facilitating rapid development and scaling of digital solutions.
The Stockholm TCS Pace Studio is part of a global network of innovation hubs, which includes studios in Riyadh, Sydney, and Letterkenny, along with seven TCS Pace Ports in cities like Tokyo, Amsterdam, and New York. These hubs utilize TCS’ proprietary methodologies and global insights, providing businesses with dedicated spaces to innovate, create new propositions, and refine strategies for digital transformation.
“TCS Pace Studio represents our continued commitment to creating co-innovation facilities close to our customers,” said Dr. Harrick Vin, Chief Technology Officer at TCS. “The TCS Pace Studio in Stockholm will enable Swedish organizations to collaborate with TCS’ research and innovation ecosystem to develop novel solutions across various disciplines.”
TCS has been a significant player in the Nordic region since 1991, with over 20,000 employees supporting top enterprises across Sweden, Finland, Norway, and Denmark. The company has consistently ranked #1 in customer satisfaction for 15 years and has been recognized as a Top Employer in these countries.
The launch of the TCS Pace Studio in Stockholm underscores TCS’ commitment to contributing to the Nordic region’s business and technology ecosystem. This initiative aligns with Sweden’s vision of being a global leader in sustainability and innovation, as reflected in its high ranking on the 2023 Global Innovation Index.
While the introduction of TCS Pace Studio is a significant step forward for innovation in the Nordic region, the challenge will be in ensuring that the collaborative efforts translate into tangible, scalable business outcomes, especially in the fast-evolving tech landscape.
“Sweden’s business environment is rapidly growing, and TCS is eager to contribute to this by driving growth, resilience, and adaptability in enterprises,” said Shreerang Talekar, Head of TCS in Sweden and the Nordics. “The Stockholm TCS Pace Studio will be a catalyst for co-creating sustainable technology solutions.”
The TCS Pace Studio in Stockholm is poised to be a central hub for innovation in the Nordic region, offering enterprises the tools and collaborative opportunities needed to drive digital transformation and business growth in a sustainable and resilient manner.