Kyndryl Hldgs Inc Stock Price, News & Analysis

Kyndryl Holdings, Inc. (NYSE: KD) announced it will release its earnings results for Q2 2023 on November 2, 2022, after market close. The earnings call will be held on November 3, 2022, at 8:30 a.m. ET, featuring CEO Martin Schroeter and CFO David Wyshner. The event will be accessible via a live webcast and by phone, with a replay available for twelve months. Kyndryl is recognized as the world's largest IT infrastructure services provider, supporting enterprise customers in over 60 countries.

Kyndryl (NYSE: KD) and Microsoft announced a partnership to enhance access to mainframe data. This initiative aims to connect Kyndryl's zCloud platform with the Microsoft cloud, allowing customers to utilize their mainframe data in modern applications. The collaboration focuses on mainframe modernization, offering consulting and integration services for seamless data transfer to Azure Cloud. This strategic move is expected to empower enterprises to adopt hybrid cloud strategies, improving data-driven decision-making through advanced analytics and low-code/no-code applications.

Kyndryl (NYSE: KD) and Teradata (NYSE: TDC) have announced a strategic global partnership aimed at leveraging AI and data modernization to enhance business outcomes for customers. This collaboration combines Kyndryl's infrastructure management and Data and AI services with Teradata's cloud analytics capabilities. The partnership will focus on modernizing on-prem data warehouses and delivering industry-specific analytics services across various sectors, including manufacturing, financial services, and retail.

Kyndryl (NYSE: KD) has launched Kyndryl Vital, an innovative co-creation experience designed to help clients and partners tackle business challenges. This initiative involves designer-led teams who employ a human-centered approach and integrate existing tools to develop tailored technology solutions. Kyndryl Vital aims to bridge the gap between human experiences and technology capabilities, fostering collaboration among clients and Kyndryl's experts. The program currently operates in several countries, with plans for expansion. For more details, visit Kyndryl Vital.

Kyndryl (NYSE: KD) and Elastic (NYSE: ESTC) have announced an expanded partnership aimed at providing customers with enhanced data-driven digital transformation initiatives. This collaboration focuses on creating joint solutions for full-stack observability, enabling organizations to search, analyze, and act on machine data across various computing environments. Key offerings include IT data modernization, intelligent analytics, and data migration services, leveraging Kyndryl’s infrastructure expertise and Elastic’s search solutions. This partnership aims to support clients in improving their IT operations management capabilities.

Kyndryl Holdings, Inc. (NYSE: KD) has extended the expiration date for its exchange offers of outstanding unregistered senior notes. Initially set to expire on September 19, 2022, the new deadline is now September 23, 2022. The exchange offers aim to exchange unregistered notes for new issues of senior notes registered under the Securities Act of 1933. As of the original expiration, significant participation was noted with 664.37 million of $700 million (94.9%) of 2.050% Senior Notes due 2026 tendered. The extension allows more time for remaining notes to be exchanged.

Kyndryl (NYSE: KD) has launched Kyndryl Bridge, an innovative open integration platform designed to enhance IT management for enterprises. This platform offers real-time insights and interoperability, significantly improving operational efficiency. With a reported 74% reduction in incidents per server, it aims to support digital transformation efforts amid rising technology complexity. The launch aligns with the growing demand for advanced IT solutions, as 60% of CIOs prioritize digital modernization. Kyndryl's commitment to enhancing customer service through advanced analytics and partnerships is central to its growth strategy.

Kyndryl (NYSE: KD) has partnered with Québec Running Events Corporation to support the 21.1K marathon during the Beneva Québec City Marathon from September 30 to October 2. This initiative will highlight the volunteer experience and engage Kyndryl's workforce, who will support various aspects of the event, including a Kyndryl-branded water station. Additionally, Kyndryl will contribute over 2,000 volunteer T-shirts and plant one tree for each volunteer, totaling more than 2,000 trees. This partnership emphasizes Kyndryl's commitment to community and environmental sustainability.