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Kyndryl Holdings Inc (KD: NYSE) delivers mission-critical IT infrastructure services and digital transformation solutions to global enterprises. This news hub provides investors and technology leaders with essential updates on the company's strategic initiatives, operational developments, and industry partnerships.
Access comprehensive coverage of Kyndryl's advancements in cloud integration, AI-powered managed services, and cybersecurity solutions. Our curated collection includes press releases detailing infrastructure modernization projects, earnings reports, executive leadership updates, and collaborations with major technology partners.
Key focus areas include updates on the Kyndryl Bridge platform, enterprise security frameworks, and digital transformation case studies. Stay informed about the company's progress in optimizing complex IT environments through actionable insights and technical expertise.
Bookmark this page for streamlined access to verified information about Kyndryl's service innovations, market positioning, and contributions to enterprise technology evolution. Check regularly for authoritative updates from primary sources and industry analysis.
Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has issued a strong rebuttal to a short seller report published on March 27, 2025. The company categorically rejected the report's claims, describing them as inaccurate and deliberately misleading.
The company defended its accounting practices and disclosures, stating they are correct and comply with all applicable reporting requirements. Kyndryl emphasized that they were not given an opportunity to address the claims before the report's publication.
Kyndryl maintains its position as a company focused on profitable growth, serving enterprise customers across more than 60 countries with complex, mission-critical information systems services.
Kyndryl (NYSE: KD) has expanded its partnership with Google Cloud to accelerate mainframe modernization using generative AI. The company has been certified as a specialized partner for Google Cloud's AI and Gemini models.
The partnership introduces a new Mainframe Modernization with Gen AI Accelerator Program for qualified customers, offering modernization assessment without upfront commitments. Key features include:
- Integration of mainframe data with Google Cloud BigQuery analytics
- AI-driven code analysis and documentation
- Mainframe application rewrite to modern cloud applications
- Testing and risk mitigation services
According to Kyndryl's 2024 Mainframe Modernization Survey, 96% of organizations are migrating mainframe workloads to the cloud (average 36%), while 86% are rapidly adopting AI for modernization. The partnership has already shown success, with a major insurance provider successfully converting COBOL to Java and migrating mainframe applications to Google Distributed Cloud.
Kyndryl Foundation has announced its second-year grant program, expanding to 11 countries to advance cybersecurity and AI skills development. The initiative is expected to impact over 55,000 people in the next two years through various training and job placement programs.
The foundation has extended support to five new countries: Brazil, Canada, Costa Rica, Spain, and the United Kingdom, while continuing operations in the Czech Republic, Hungary, India, Japan, Poland, and the United States. Notable multi-year grantees include Czechitas, which will train 100 women in cybersecurity, DSCI establishing a cybersecurity training center in Mumbai, and Girl Security aiming to create a pipeline of 1,000+ tech sector participants by 2026.
The initiative addresses critical workforce challenges highlighted in the Kyndryl Readiness Report, which identifies cyberattacks as organizations' top challenge, with 64% of leaders reporting unpreparedness for AI implementation due to skills gaps.
Kyndryl (NYSE: KD) has announced a strategic partnership with Microsoft to support the deployment of Dragon Copilot, an AI-powered healthcare assistant launching in May 2025. The solution leverages generative AI for voice recognition and ambient listening to automate clinical documentation.
The collaboration aims to address key healthcare challenges through:
- Automation of documentation and administrative tasks
- Ambient note creation and workflow optimization
- Enhanced patient experience through automated clinical and non-clinical tasks
- Improved care quality by reducing administrative burden
- Secure handling of patient data within Microsoft Cloud for Healthcare
As Microsoft's launch partner, Kyndryl will provide comprehensive implementation services and support to healthcare organizations integrating Dragon Copilot into their existing workflows.
Kyndryl (NYSE: KD) has announced the establishment of a new technology hub in Liverpool, with plans to create up to 1,000 AI-related and software engineering jobs over the next three years. The initiative aims to support digital transformation for UK and global customers.
The hub will feature a Kyndryl Vital Studio for collaborative co-creation experiences, offering advisory services through Kyndryl Consult to help businesses implement AI and emerging technologies. As part of the launch, Kyndryl is expanding its partnership with The Very Group through a new multiyear agreement to enhance the retailer's digital capabilities.
The investment aligns with the UK Government's AI Opportunities Action Plan and demonstrates Kyndryl's commitment to developing digital talent. The company is also launching an early careers program in the UK, starting with digital technology degree apprenticeships, to address the growing demand for advanced digital expertise.
Kyndryl Holdings (NYSE: KD), the world's largest IT infrastructure services provider, has announced its participation in the upcoming Morgan Stanley TMT Conference. Chairman and CEO Martin Schroeter and CFO David Wyshner will deliver presentations on March 4, 2025 at 9:15 a.m. PT/12:15 p.m. ET.
The executives will share insights about the company's business and financial performance during the event. Interested parties can access the live webcast through Kyndryl's investor relations website at investors.kyndryl.com. A replay option will be made available approximately 24 hours after the live presentation.
Kyndryl (NYSE: KD) has launched end-to-end secure access service edge (SASE) services in partnership with Palo Alto Networks' Prisma SASE. This cloud-first, zero-trust network security solution aims to enhance network security for customers amid growing IT infrastructure challenges.
The announcement comes as 94% of business leaders prioritize technology modernization, yet only 39% feel their IT infrastructure is prepared for future risks. Kyndryl's own transformation has already demonstrated success, moving from 54 data centers to a cloud-first, SASE-based architecture.
The comprehensive service offering includes Consult Advisory Services, Design & Implementation Services, Managed SASE Services, and integration with Kyndryl Bridge. These services will help organizations secure their hybrid workforce while accessing business applications across various devices from any location.
Kyndryl (NYSE: KD) reported its Q3 FY2025 results with revenues of $3.74 billion, representing a 5% year-over-year decline (3% in constant currency). The company achieved pretax income of $258 million and net income of $215 million ($0.89 per diluted share).
Key highlights include total signings of $4.1 billion (up 10% year-over-year), Adjusted EBITDA of $704 million (14% increase), and strong performance from Kyndryl Consult with 26% revenue growth. The company has initiated a $300 million share repurchase program and raised its FY2025 outlook, projecting adjusted pretax income of at least $475 million and adjusted free cash flow of approximately $350 million.
The company's three-A initiatives showed progress, with hyperscaler alliance revenues reaching $300 million, positioning Kyndryl to exceed its $1 billion target for FY2025. The AI-enabled Kyndryl Bridge platform has helped free up over 12,300 delivery professionals, generating annualized savings of $725 million.
Kyndryl Holdings (NYSE: KD), the world's largest IT infrastructure services provider, has announced it will release its financial results for the third quarter of fiscal year 2025, covering the period ended December 31, 2024. The results will be published after market close on February 3, 2025.
Chairman and CEO Martin Schroeter and CFO David Wyshner will host an earnings conference call and webcast on February 4, 2025, at 8:30 a.m. ET. The live webcast will be accessible through Kyndryl's investor relations website, where a slide presentation will also be made available shortly before the call. Replay access will be available via webcast for twelve months following the event.
Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has launched The Kyndryl Institute to provide insights and perspectives on technology and business innovation. The institute aims to address pressing challenges faced by C-suite leaders, focusing on areas such as artificial intelligence, regulation, cybersecurity, and IT modernization.
The initiative will feature perspectives from industry leaders, startups, civil society, and academia, guided by an external advisory board. As part of its debut, the institute is publishing viewpoints on 'readiness,' including insights from Peter Mandelson on digital trade frameworks and Klon Kitchen on AI preparation from a national security perspective.
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