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 Holdings (NYSE: KD) announced that CEO Martin Schroeter and CFO David Wyshner will speak at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2022, at 2:10 p.m. ET. The event will address company business and financial performance. Interested parties can listen to the live webcast via Kyndryl's investor relations website, with a replay available approximately 24 hours later. Kyndryl is the largest IT infrastructure services provider globally, serving over 4,000 customers in more than 60 countries, including 75% of the Fortune 100.
Kyndryl (NYSE: KD) and NetApp (NASDAQ: NTAP) have formed a strategic alliance aimed at leveraging unstructured data to drive innovation and cloud transformation for customers across diverse industries. The partnership will merge Kyndryl's IT infrastructure expertise with NetApp's cloud capabilities to enhance data management and analytics. The collaboration targets industry-specific solutions in sectors such as automotive and financial services, focusing on improving operational efficiency and customer satisfaction. The two companies aim to accelerate cloud adoption and facilitate business transformation through their combined efforts.
Kyndryl (NYSE: KD) has announced a strategic partnership with Red Hat to enhance IT automation using the Red Hat Ansible Automation Platform. This collaboration aims to modernize core business applications and infrastructure while improving resilience and security. Kyndryl will serve as a primary service provider for Ansible, managing over 500,000 customer endpoints and automating tens of millions of processes. Additionally, an Ansible Innovation Center will be established to support hybrid cloud transformation, co-developing solutions for improved IT operations.
Kyndryl Holdings, Inc. (NYSE: KD) reported Q1 2022 revenues of $4.4 billion, a year-over-year decline of 7%. The company experienced a net loss of $229 million and a pretax loss of $189 million, although these losses decreased compared to the previous year. Notably, signings rose 27% in constant currency to $3.1 billion. Kyndryl is focused on three initiatives: Alliances, Advanced Delivery, and Accounts, aiming to enhance relationships and service delivery. The fiscal outlook anticipates revenues between $16.5 billion and $16.7 billion.
Kyndryl (NYSE: KD) announces a five-year partnership with Swiss Krono to enhance its IT infrastructure by migrating to SAP S/4HANA®. This initiative aims to standardize IT operations and support faster innovation while focusing on new business opportunities. Swiss Krono, a leader in wood-based materials, seeks to connect its global plants, enhancing operational efficiency through a unified view of its systems. Kyndryl's managed services will facilitate this transition, promising improved business processes and a lower total cost of ownership.
Kyndryl (NYSE: KD) has partnered with SSW Pragmatic Solutions to develop AQUILA, an AI-powered platform aimed at enhancing document analysis in the real estate sector. AQUILA automates the reading and summarization of lease agreements, reducing a potentially months-long process to mere hours or seconds per document. This initiative is designed to help real estate stakeholders navigate compliance and cost management amid economic uncertainties. The platform supports Polish, English, and German languages, and can be deployed on various cloud systems or on-premise.
Kyndryl (NYSE: KD) has announced an expanded strategic partnership with SAP aimed at developing solutions for digital business transformation. This collaboration will utilize SAP's Business Technology Platform and Kyndryl's expertise in AI and cyber resiliency to facilitate cost-effective cloud migration for customers. Services will include modernization for SAP software, data integration, and cyber recovery solutions. The partnership reinforces Kyndryl's role in enhancing operational efficiency and business visibility for various industries through the RISE with SAP initiative.
Kyndryl (NYSE: KD) has expanded its partnership with Dell Technologies to enhance cyber resilience for customers. This collaboration focuses on using data optimization and infrastructure management to protect critical business assets from cyber threats. Key offerings include Cyber Incident Recovery, utilizing Dell's offline 'air-gapped' data vault to ensure data integrity. Kyndryl has also been recognized as a Titanium Black Global Partner by Dell, positioning them to better support digital transformation efforts for clients. This alliance aims to improve data availability and expedite recovery from cyber incidents.
Kyndryl (NYSE: KD), the largest IT infrastructure services provider, will announce its quarterly results for the period ending March 31, 2022, after market close on May 4, 2022. The earnings conference call will be held on May 5, 2022, at 8:30 a.m. ET, hosted by Chairman and CEO Martin Schroeter and CFO David Wyshner. Investors can access the live webcast on the company's investor relations website. Kyndryl serves over 4,000 customers globally, including 75% of Fortune 100 companies.
Kyndryl (NYSE: KD) recently honored 14 exceptional professionals in its inaugural class of Distinguished Engineers, recognizing their contributions in IT infrastructure and services. The program now includes over 80 Distinguished Engineers globally. Recognized individuals from various countries excel in areas such as hybrid cloud technology, cyber-resilience, and human-centered design. Kyndryl emphasizes mentorship, partnering with TEACH to promote STEM education for children facing health challenges.