Kyndryl Announces Global Strategic Alliance with Databricks to Drive Customers' Digital Transformation
Rhea-AI Summary
Positive
- Strategic partnership with Databricks expands Kyndryl's service offerings in AI and data modernization
- Integration capabilities with SAP Business Data Cloud creates new business opportunities
- Leverages Kyndryl's mainframe expertise to bridge legacy systems with modern analytics
- Enhances ability to deliver end-to-end data services and AI solutions to enterprise customers
Negative
- None.
News Market Reaction
On the day this news was published, KD declined 0.43%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Partnership will leverage Kyndryl AI services to support customer adoption of the Databricks Data Intelligence Platform
By combining Kyndryl's data and artificial intelligence (AI) services with the Databricks Data Intelligence Platform, a unified platform for data, analytics and AI, the companies are partnering to further assist customers with modernizing their IT estate and achieving their business goals in a cost-effective manner.
"Partnering with Databricks furthers our ability to support customers and drive business growth by establishing the right digital foundation and providing complete application and data modernization services," said Giovanni Carraro, Kyndryl's Global Strategic Alliances Leader. "Together, we'll expand the reach of Kyndryl's services through the delivery of integrated solutions that enterprises need to enable AI at scale and reap the benefits of their digital transformation journeys."
"As enterprise demand for data intelligence grows, Kyndryl's end-to-end services, experience managing and modernizing customers' IT environments and strong relationships, make them key partners in driving customer adoption of Databricks," said Jason McIntyre, Vice President of Consulting and Solutions Integrators at Databricks. "We look forward to supporting our joint customers in modernizing their data and achieving their business goals."
Under the alliance, Kyndryl will make its comprehensive data, AI and modernization services available to support customers leveraging the Databricks Data Intelligence Platform, including:
- Establishing and Modernizing Data Foundations: Kyndryl will provide end-to-end data services to help customers adopt Databricks and modernize their data and data architectures, while also helping to ensure data quality, security and scalability.
- Accelerating AI Adoption: Kyndryl will guide customers in applying the Databricks platform to unlock their data's potential using advanced capabilities – such as machine learning, natural language processing and computer vision – to gain deeper insights and enable AI at scale.
- Integrating SAP Data: Kyndryl will support customers in combining their SAP and enterprise data through the SAP Business Data Cloud and SAP Databricks to unlock insights, deliver business value and increase productivity.
- Delivering Analytical Insights: Kyndryl will combine its deep mainframe expertise with Databricks to bridge the gap between legacy systems and cutting-edge analytics, ultimately delivering increased business insights and value to customers.
Learn more about the Kyndryl and Databricks strategic alliance.
About Kyndryl
Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.
Kyndryl Press Contact
press@kyndryl.com
Forward-looking statements
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SOURCE Kyndryl
FAQ
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