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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 | |
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0.05 | 0.20% | 25.39 | 25.48 | 25.12 | 25.25 | 736,375 | 18:55:35 |
5,000+ Kyndryl mainframe professionals are training to speed deployment of AI-enabled workloads in hybrid cloud environments
NEW YORK, May 16, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today unveiled new artificial intelligence (AI) and generative AI-based consulting and managed delivery services to help organizations exploit their mainframe application and data assets as part of their hybrid cloud transformation.
Kyndryl is committed to furthering the adoption of AI and generative AI by educating more than 5,000 of its mainframe professionals with new AI skills on top of their tens of thousands of certifications in mainframe and cloud technologies. With this initiative, Kyndryl will be poised to help mainframe customers accelerate development and deployment of AI and generative AI-enabled solutions in their hybrid cloud environments.
At 60 years of age, the mainframe remains a strategic IT foundation for thousands of organizations worldwide. According to research from Kyndryl, 90% of organizations state that the mainframe remains essential to their business operations, and 95% are modernizing and running it as part of a hybrid cloud environment. To speed mainframe transformation projects, customers are seeking to embrace AI and generative AI technology, but often lack the skills and expertise needed to effectively deploy this in their infrastructure and applications.
To help mainframe customers explore, kick-start or scale the deployment of responsible AI, Kyndryl is tapping into AI and generative AI tooling as well as the operational insights from its AI-infused Kyndryl Bridge open integration platform. In addition, the expanded AI capabilities for mainframe are supported by Kyndryl Consult and complement the company's AI and data advisory and implementation services which include assessments, innovation workshops and proofs of concept. Kyndryl is also continuing its collaboration with the hyperscalers and other partners to assist customers in defining and achieving their AI goals to drive critical business outcomes.
"Kyndryl is taking a bold next step to enable and accelerate our customers' mainframe modernization journey by unlocking their applications and data through deployment of AI and generative AI," said Petra Goude, Global Practice Leader for Core Enterprise & zCloud at Kyndryl. "Our innovative approach will help customers reduce IT transformation efforts and costs, enhance agility and resiliency, mitigate skills challenges, and drive better outcomes by optimizing their mainframe estates to thrive in hybrid environments."
"The success of AI depends heavily on an organization's ability to fully leverage all enterprise information assets regardless of data format or application platform. Mission-critical information created and managed by mainframes needs to be fully integrated into enterprise generative AI and other data-intensive use cases in order to fully enable data-driven decision making and digital innovation," explains Mary Johnston Turner, IDC Research Vice President for the Future of Digital Infrastructure. "Kyndryl's commitment to mainframe modernization for generative AI and other AI use cases targets this set of important enterprise infrastructure requirements."
Kyndryl's new comprehensive services can help mainframe customers optimize the right workload on the right platform using AI and generative AI for the following scenarios and potential use cases:
Moving workloads off the mainframe to the cloud:
Integrating mainframe applications and data with cloud or distributed environments:
Modernizing workloads on the mainframe:
Optimizing application developer agility:
For more information about Kyndryl's AI and generative AI services for mainframe modernization, visit Mainframe Modernization | Kyndryl.
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, please visit www.kyndryl.com.
Kyndryl Press Contact
press@kyndryl.com
Forward-looking statements
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.
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SOURCE Kyndryl
Copyright 2024 PR Newswire
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