Welcome to our dedicated page for Kyndryl Hldgs news (Ticker: KD), a resource for investors and traders seeking the latest updates and insights on Kyndryl Hldgs stock.
Kyndryl Holdings, Inc. (NYSE: KD) is a provider of mission-critical enterprise technology services, and the news surrounding KD reflects its focus on IT infrastructure, AI and large-scale transformation projects. The company’s press releases highlight advisory, implementation and managed services that support complex information systems for thousands of customers in more than 60 countries, making its news flow relevant to investors and technology professionals who follow enterprise IT trends.
News about Kyndryl often covers developments in AI and agentic AI, such as the launch of the Kyndryl Agentic AI Framework, new agentic AI services for mainframe environments and offerings like Kyndryl Agentic AI Digital Trust, which address governance and security for AI agents. The company also issues updates on services like its Quantum Safe Assessment, which focuses on preparing organizations for post-quantum cryptography and long-term data protection.
Kyndryl’s announcements frequently describe customer and partner collaborations, including multi-year agreements with large enterprises, work with telecommunications providers on automated IT operations and cyber resilience, and collaborations with universities and global technology partners. These stories illustrate how Kyndryl applies its mission-critical services, AI frameworks and platforms such as Kyndryl Bridge in real-world settings.
Visitors to the KD news page can review updates on topics such as enterprise AI adoption, IT modernization, security and resiliency, sustainability-related research and workforce transformation in the context of AI. This news feed helps readers understand how Kyndryl positions its services, how it responds to emerging technology challenges and how its initiatives may influence its role in the enterprise technology services market over time.
Kyndryl's 2024 Readiness Report reveals a paradox in IT infrastructure readiness. While 90% of executives believe their IT is best-in-class, only 39% think it's future-ready. The report, based on feedback from 3,200 senior decision-makers and insights from Kyndryl Bridge, highlights key challenges:
1. AI ROI is , with only 42% seeing positive returns.
2. 44% of mission-critical IT infrastructure is approaching or at end-of-life.
3. Over 40% of leaders face technology skills gaps.
4. 65% of executives worry about cyber-attacks, but only 30% feel prepared.
5. Regulatory concerns are high, with 48% believing the pace is too fast.
The report emphasizes the importance of balancing technology and talent, addressing end-of-life technology challenges, and fostering collaboration between business and technology leaders to enhance readiness in a rapidly changing business landscape.
Akamai Technologies (NASDAQ: AKAM) and Kyndryl (NYSE: KD) have announced a collaboration to offer Zero Trust Segmentation Services. Kyndryl teams worldwide are certified to provide implementation and managed services for Akamai Guardicore Segmentation under the Guardicore certified Service Provider (GcSP) program. This collaboration aims to help customers accelerate Zero Trust implementations and address evolving cybersecurity challenges.
The partnership combines Kyndryl's consulting expertise with Akamai's technology to offer a seamless solution for designing and achieving Zero Trust, segmentation, and network security objectives. The service helps increase cyber resiliency by limiting lateral movement of threats and securing organizational assets and data through robust authentication methods and real-time, risk-based access policies.
Kyndryl Holdings (NYSE: KD), the world's largest IT infrastructure services provider, has announced key dates for its upcoming financial events. The company will release its Q2 FY2025 results on November 6, 2024, after market close. An earnings conference call and webcast will follow on November 7, 2024, at 8:30 a.m. ET, hosted by CEO Martin Schroeter and CFO David Wyshner.
Additionally, Kyndryl will host an Investor Day on November 21, 2024, at 9:00 a.m. ET. This event will feature discussions on market opportunities and growth strategy by the executive leadership team. Both events will be accessible via webcast on Kyndryl's investor relations website, with replays available for twelve months following the earnings call.
Kyndryl, the world's largest IT infrastructure services provider, has launched an expanded portfolio of services for Copilot for Microsoft 365 to accelerate AI adoption in the workplace. The new offerings, called Microsoft Gen AI for the workplace by Kyndryl, aim to help customers maximize the business impact of Copilot for Microsoft 365.
Kyndryl's services focus on building effective use cases, aligning data services, data extensibility, user interface design, and continuous improvement reporting. These services are designed to enhance decision-making, streamline operations, and drive digital transformation while speeding up deployment and adoption of Copilot for Microsoft 365.
The company offers customizable services, including a Copilot Value Discovery Workshop, to help organizations assess their goals and determine suitable use cases. Kyndryl's own internal survey showed that 95% of users reported saving at least 20 minutes per day in knowledge discovery alone using Copilot.
Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has released its fiscal year 2024 Corporate Citizenship Report, highlighting progress in sustainability, social impact, and ethical governance. Key achievements include:
- Reducing scope 1 emissions by 9% and scope 2 market-based emissions by 8% compared to fiscal 2023
- Achieving global ISO 14001 and ISO 50001 certifications
- Diverting 99.99% of IT electronic waste from landfills
- Completing 2.3 million hours of employee training
- Launching the Kyndryl Foundation to support communities
- Achieving a 100% completion rate for Code of Conduct and cybersecurity trainings
The company also developed an AI Management System and secured a Silver EcoVadis Award, placing it in the top 15% of participating organizations.
Kyndryl's 2024 State of Mainframe Modernization Survey reveals 86% of enterprises are rapidly adopting AI to accelerate mainframe modernization. Key findings include:
- Up to 225% ROI on mainframe transformation initiatives in one year
- $11.9 billion in collective annual savings
- 96% of organizations migrating an average of 36% workloads to the cloud
- 92% emphasize the importance of a single dashboard for monitoring operations
- 77% using external providers for mainframe modernization projects
The survey highlights the critical role of mainframes in hybrid IT environments, with AI and security increasingly influencing modernization plans. However, skills shortages, especially in generative AI and security, remain a challenge for many organizations.
Kyndryl Holdings (NYSE: KD) reported its Q1 fiscal 2025 results, with revenues of $3.74 billion, a year-over-year decline of 11% (8% in constant currency). The company posted a pretax income of $64 million and net income of $11 million ($0.05 per diluted share). Adjusted EBITDA was $556 million, while adjusted pretax income increased 96% to $92 million. Kyndryl Consult saw double-digit revenue growth of 10% (14% in constant currency). The company raised its fiscal 2025 outlook, projecting an adjusted EBITDA margin of at least 16.3% and adjusted pretax income of at least $460 million. Kyndryl reaffirmed its constant-currency revenue growth outlook of -2% to -4% and expects to deliver year-over-year growth in Q4 FY2025.
Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has announced its selection of the RISE with SAP solution to accelerate its cloud journey and expand its strategic alliance with SAP. As part of this expansion, Kyndryl will provide SAP services for SAP S/4HANA Cloud Private Edition, helping customers move to the cloud and tackle complex digital transformation challenges.
Kyndryl's expanded capabilities as a RISE with SAP partner will enable it to offer end-to-end services for customers' cloud transformation journeys. The company's comprehensive services include migration and transformation, data insights and AI, application development, and integrations. Kyndryl will leverage its own experience as a RISE with SAP user to accelerate and guide customers in their cloud migration efforts.
Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, has announced the release of its Q1 FY2025 financial results on July 31, 2024, after market close. The company will host an earnings conference call and webcast on August 1, 2024, at 8:30 a.m. ET, led by CEO Martin Schroeter and CFO David Wyshner.
Investors can access the live webcast and slide presentation at investors.kyndryl.com. Replays will be available for twelve months following the event. Kyndryl serves thousands of enterprise customers in over 60 countries, specializing in designing, building, managing, and modernizing complex, mission-critical information systems.
Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has appointed Kim Basile as its new Chief Information Officer (CIO), succeeding Michael Bradshaw. Bradshaw will now lead the company's Applications, Data and AI practice, while Nicolas Sekkaki has been named Practice Leader for Kyndryl's Cloud practice. Basile will focus on advancing the company's technology foundation, enhancing employee experience, and leveraging her extensive expertise in cybersecurity. Bradshaw aims to modernize customer technology environments and implement AI, while Sekkaki will drive digital transformation in cloud services.