Indian technology giant Tata Consultancy Services (TCS) has launched the latest TCS Pace Studio in Stockholm, Sweden, to offer its clients in the Nordic region exclusive access to its innovation ecosystem.
The company said the state-of-the-art innovation center and research centre will enable businesses to explore the latest advancements in technology and implement them at scale to accelerate their digital transformation journeys.
TCS Pace Study Location
TCS Pace Studio Stockholm is located in Epicenter House of Innovation, a hub for over 600 technology companies and entrepreneurs.
“We are delighted to welcome TCS Pace Studio to the Epicenter community,” said Oskar Gillström, Country Manager, Epicenter Stockholm.
“TCS’ new space is an excellent representation of our mission as an innovation hub to foster collaboration between companies and future-oriented leaders in the Swedish business environment.”
The company said the location allows it to engage with local business issues and objectives. TCS Pace Studios is designed for growing markets with vibrant innovation ecosystems, it said.
The fourth Pace Studio
The TCS Pace Studio in Stockholm, the fourth globally and the first in the Nordic region, joins TCS Pace’s broader innovation ecosystem spread across key cities around the world.
The TCS PaceTM network includes three additional TCS Pace studios located in Riyadh, Sydney and Letterkenny and seven TCS Pace ports in Tokyo, Amsterdam, New York, Pittsburgh, Toronto, London and Paris.
TCS PaceTM Network Innovation Hubs leverage TCS’ unique methodologies, global expertise, research, intellectual property and its Co-Innovation Network (COIN), which fosters collaboration between local startups, entrepreneurs and academia.
These collaborative environments offer businesses a dedicated space to work with TCS’s team of skilled experts, facilitating the rapid development and launch of new digital products and services at speed and scale.
Dr. Harrick Vin, Chief Technology Officer, TCS, said: “TCS Pace Studio represents our ongoing commitment to creating co-innovation facilities close to our customers. The TCS Pace Studio in Stockholm will enable Swedish organizations to collaborate with TCS’s research and innovation ecosystem to develop novel solutions across a wide range of disciplines, at speed and scale.”
With the aim of promoting a startup culture
TCS said Pace Studio aims to foster a startup culture by acting as an agile incubator that solves problems and creates opportunities for companies.
The new TCS Pace Studio in Stockholm will offer clients end-to-end innovation capabilities, including consulting, design and implementation. It will enable TCS clients in the region to explore, develop new propositions, create demonstrations and refine their models and strategies.
“Sweden is one of the fastest growing business environments in Europe, with a long history of innovation and investment in technology. Establishing our TCS Pace Studio in Stockholm represents our commitment to contribute significantly to business growth and economic prosperity in the region and the Nordics,” said Shreerang Talekar, Head of TCS Sweden and the Nordics.
“We are excited to be part of this thriving innovation ecosystem and co-create solutions with new and sustainable technologies that drive growth, resilience and create perpetual adaptability in businesses.”
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