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 (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 largest IT infrastructure services provider, introduces new AI and generative AI services to modernize mainframe systems. Announced on May 16, 2024, the initiative focuses on training over 5,000 mainframe professionals in AI skills to enhance hybrid cloud environments.
The company aims to support organizations in deploying AI-enabled workloads, integrating mainframe data with cloud systems, and optimizing workloads through AI-driven insights. Kyndryl's comprehensive services will assist in workload migration, secure data access, application code modernization, and developer agility.
Research shows 90% of organizations consider mainframes essential, with 95% modernizing within hybrid clouds. Kyndryl's new AI services, supported by partnerships and its Kyndryl Bridge platform, are expected to reduce IT transformation costs, enhance agility, and drive data-driven decision-making.
Kyndryl Holdings (NYSE: KD), the largest IT infrastructure services provider globally, announced that its Chairman and CEO, Martin Schroeter, alongside CFO David Wyshner, will speak at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024, at 3:45 p.m. ET.
The presentation will cover Kyndryl's business and financial performance. Interested parties can access the live webcast through Kyndryl's investor relations website. A replay will be available 24 hours post-event.
Kyndryl, the world's largest IT infrastructure services provider, announced the acquisition of Skytap to enhance hybrid cloud adoption and the sale of its Securities Industry Services business in Canada to Broadridge to focus on core growth areas. The acquisitions aim to modernize mission-critical infrastructure platforms and accelerate advanced analytics, artificial intelligence, and cloud services adoption. Both acquisitions accounted for less than 1% of Kyndryl's annual revenue, with no impact on the fiscal year 2025 outlook.
Kyndryl Holdings, Inc. (NYSE: KD) reported Q4 and full-year 2024 results, showing solid financial performance. Q4 revenues were $3.8 billion, with a pretax loss of $4 million and adjusted EBITDA of $566 million. Fiscal year 2024 revenues totaled $16.1 billion, with an adjusted pretax income of $165 million. The company expects positive revenue growth in Q4 and aims for $435 million adjusted pretax income in fiscal year 2025. Kyndryl demonstrated growth in key initiatives, strong margin improvements, and double-digit growth in Kyndryl Consult.
Kyndryl and Rubrik have announced a global strategic alliance to offer cyber incident recovery solutions to enhance cyber resilience for customers. The partnership aims to provide data protection, data analytics, and data security posture services, catering to industries such as healthcare, banking, and education. The collaboration introduces Kyndryl Incident Recovery with Rubrik, a fully managed solution that helps reduce system downtime, mitigate cyber incidents, and improve IT modernization outcomes.
Kyndryl, the world's largest IT infrastructure services provider, announced that its AI-powered digital platform, Kyndryl Bridge, has onboarded 1,200 customers, exceeding targets. The platform delivers $2 billion in annual savings for customers through 190 new services. It provides 3 million actionable insights/month, driving productivity and regulatory compliance. New capabilities include AI-readiness, security compliance, sustainable operations, and enterprise modernization.
Kyndryl Holdings, Inc. (NYSE: KD) will announce fourth quarter and full-year results on May 7, 2024, with an earnings call on May 8, 2024. The company is the world's largest IT infrastructure services provider, with a global presence. Key executives will host the call, and a webcast will be available for investors. Kyndryl serves enterprise customers in over 60 countries, focusing on designing, building, managing, and modernizing critical IT systems.
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