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Share Name | Share Symbol | Market | Type |
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Kyndryl Holdings Inc | NYSE:KD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.5555 | -2.01% | 27.0745 | 28.33 | 27.46 | 27.64 | 2,389,123 | 01:00:00 |
New Kyndryl Consult-led AI-readiness program launched to help customers explore the use of generative AI in their enterprises
Kyndryl (NYSE: KD), the world’s largest technology infrastructure services provider, and Microsoft today announced a joint effort to enable the adoption of enterprise-grade generative AI solutions for businesses on The Microsoft Cloud.
Leveraging the partnership’s Joint Innovation Centers, Kyndryl’s growing patent portfolio in data and AI, and its access to Microsoft 365 Copilot, Azure OpenAI Service and Microsoft Fabric, the two companies will rapidly design, develop and drive new generative AI innovations and solutions across their enterprises. To further the advancement of new AI capabilities, Kyndryl is also committing to utilize the Kyndryl University for Microsoft to educate thousands of Kyndryl employees on new Microsoft AI technologies.
Advancing Customer AI-Readiness
Central to enabling the expanded collaboration, Kyndryl is launching an AI-readiness program within Kyndryl Consult that is dedicated to responsibly exploring the adoption of generative AI solutions. Highly skilled Kyndryl experts will help new and existing customers build a trusted data foundation and navigate the complexity of using new generative AI technologies. Leveraging its deep domain and enterprise-grade AI expertise - spanning across industries and solution areas – the Company will help customers evaluate the benefits of generative AI through key service areas, including:
“Kyndryl is creating a trusted environment for organizations to explore the benefits and value it can bring to organizations as they look to drive efficiencies, grow and deliver greater business outcomes,” said Stephen Leonard, Global Alliances and Partnerships Leader, Kyndryl. “With over three decades of experience in delivering data services, advanced security capabilities and managing complex IT environments, we are well-positioned to work alongside Microsoft to help organizations confidently apply generative AI at scale and positively impact their businesses while being mindful of known risks.”
“Together with Kyndryl, we have a shared vision to responsibly enable our customers to jointly explore, design and deploy generative AI solutions across their enterprises, and to do it in a way that enables them to realize business value,” said Stephen Boyle, GM Global Partner Solutions, Microsoft. “As a leader in the delivery of generative AI and data platforms, we believe partners such as Kyndryl are critical to the successful use of emerging technologies for business.”
Together, Kyndryl Consult, Kyndryl Bridge and Kyndryl Vital represent a cohesive approach to helping customers envision the outcomes they want, design and implement solutions, and assess results, while continuously evolving their IT infrastructures for the future.
As greater volumes of data and analysis require more computing power, Kyndryl Bridge will enable customers to easily manage their complex technology estates through services such as AIOps and FinOps, and will leverage AI to help customers achieve their business goals in a cost-effective, insightful and security rich manner. Kyndryl also will continue to enrich its advanced delivery capabilities through additional generative AI services.
The strategic partnership with Microsoft was Kyndryl’s first global strategic alliance upon becoming an independent public company. Together, the companies continue to unlock new areas of innovation that drive better business outcomes for customers, and taps into incremental multi-billion-dollar revenue opportunities in fast-growing areas such as data modernization, governance and AI.
Kyndryl is uniquely qualified to offer customers a first-hand perspective on AI implementations as it continuously tests, innovates, improves, and becomes an expert in AI and other technologies before they are integrated into customers’ businesses. For instance, after becoming an independent company, Kyndryl embarked on its own technology transformation journey and has integrated AI across its operations, on Kyndryl Bridge and through its workforce productivity tools. The Company plans to continue to develop new use cases for deploying generative AI internally and for its customers across industries.
About Kyndryl
Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as “will,” “anticipate,” “predict,” “project,” “plan,” “forecast,” “estimate,” “expect,” “intend,” “target,” “may,” “should,” “would,” “could,” “outlook” and other similar words or expressions or the negative thereof or other variations thereon. All statements, other than statements of historical fact, including without limitation statements representing management's beliefs about future events, transactions, strategies, operations and financial results, may be forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release and the Company does not undertake to update its forward-looking statements. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties including those described in the “Risk Factors” section of the Company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230808222504/en/
Kyndryl Press press@kyndryl.com
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