India’s TCS Introduces Pace Studio to the Swedish Market

Nitin Konde, Apoorva Bajj

Aug 21, 2024 — 2 min read

India’s TCS Introduces Pace Studio to the Swedish Market

Launching its newest TCS Pace Studio in Stockholm, Sweden, Indian tech powerhouse Tata Consultancy Services (TCS) is providing its Nordic customers with exclusive access to its innovation ecosystem.

In a statement, the company said that their new research centre and innovation hub will help businesses investigate cutting-edge tech, deploy it at scale, and speed up their digital transformation processes.

Location Dynamics of Pace Studio

The Epicentre House of Innovation is home to more than 600 innovative businesses and entrepreneurs, including TCS Pace Studio Stockholm. Epicentre Stockholm's Country Manager, Oskar Gillström, expressed his excitement at the addition of TCS Pace Studio to the Epicentre community.

"As an innovation house, TCS's new space superbly embodies our mission to stimulate cooperation between businesses and future-oriented leaders in Sweden's business climate."

According to the corporation, being in this area enables them to actively participate in addressing the business challenges and achieving the local objectives. According to TCS, growth areas with active innovation ecosystems are the perfect fit for TCS Pace Studios.

What is Pace Studio?

Pace Studio, according to TCS, is an agile incubator that helps companies by solving challenges and creating new opportunities. Its goal is to foster a startup culture.

Consulting, design, and implementation are all part of the innovation process that clients can take advantage of at the new TCS Pace Studio in Stockholm. Customers of TCS in the area will be able to use it to conduct research, develop new offerings, make prototypes, and hone their business plans and models.

With a history of technological advancement and investment, Sweden has become one of Europe's most dynamic business hubs. "The opening of our TCS Pace Studio in Stockholm demonstrates our dedication to making a significant contribution to the growth and prosperity of businesses in the region and the Nordic countries," stated Shreerang Talekar, Head of TCS in Sweden and the Nordics.

"We are thrilled to join this dynamic innovation ecosystem and collaborate on solutions with cutting-edge, environmentally friendly technologies that facilitate growth, resilience, and endless adaptability for businesses."

Adding Fourth One to the Global List

Joining the vast innovation ecosystem of TCS Pace spread out across important cities worldwide, the TCS Pace Studio in Stockholm becomes the fourth globally and the first in the Nordic region.

The TCS PaceTM network comprises seven TCS Pace Ports in Tokyo, Amsterdam, New York, Pittsburgh, Toronto, London, and Paris, as well as three additional TCS Pace Studios in Riyadh, Sydney, and Letterkenny.

The innovation hubs in the TCS PaceTM network make use of TCS's one-of-a-kind techniques, worldwide perspectives, research, IP, and its Co-Innovation Network (COIN), which encourages partnerships between local entrepreneurs, startups, and academic institutions.

Enterprises can engage with TCS's experienced team in a dedicated location through these collaborative spaces, which speed up the development and delivery of new digital goods and services.