^ "IBM revenue misses on weakness in legacy infrastructure unit".^ "IBM CEO discusses IT infrastructure service Kyndryl".^ a b "Kyndryl officially launches as IBM spins out $19B infrastructure services biz".^ a b c d "IBM Spinoff Kyndryl Starts Quest for Growth".^ "KYNDRYL REPORTS FOURTH QUARTER AND FULL-YEAR 2023 RESULTS".ĬEO Martin Schroeter was accused of defrauding stakeholders to enrich himself while he was CFO of IBM by making revenue from their mainframe business look like it was from "trendier" departments, such as cloud computing and AI. On, Kyndryl announced a 5-year extended agreement with Delta Air Lines to enhance its IT resiliency and scalability. It formed a strategic partnership with Google Cloud focused on digital transformation projects and helping enterprise customers become more data-driven and sustainable, combining the firms' capabilities in data and analytics, artificial intelligence, and infrastructure modernization. On January 31, 2022, Kyndryl announced it was changing its measures of geographic segment performance to Revenue and Adjusted EBITDA. Under the agreement, Microsoft became Kyndryl's Premier Global Alliance Partner, working together to accelerate hybrid cloud adoption, modernize business applications and processes, support workloads, and enable modern work experiences. Kyndryl partnered with Microsoft to provide digital transformation services using Microsoft Cloud products. It operates in 63 countries and manages over 400 data centers. It also has a customer advisory practice that combines managed services, advisory services and implementation. It is divided into six globally managed service areas: Kyndryl designs, builds, manages, and modernizes enterprise IT infrastructure systems. It is led by chairman and CEO Martin Schroeter, who was IBM's Chief Financial Officer from 2014 through the end of 2017. On November 4, 2021, Kyndryl completed its separation from IBM and began trading as an independent company on the New York Stock Exchange under the ticker KD. After having a placeholder name of NewCo, it was given the name Kyndryl in April 2021, with "Kyn" referencing "kinship" and "Dryl" referencing "tendril". At year-end 2020, it had a portfolio of nearly 4,400 customers, including 75% of the Fortune 100. Kyndryl comprises the bulk of the former IBM Global Technology Services. It is currently the world’s largest IT infrastructure services provider. It was created from the spin-off of IBM's infrastructure services business. is an American multinational information technology infrastructure services provider that designs, builds, manages and develops large-scale information systems. Hard Drive Performance Included HDD Capacityġ.Kyndryl Holdings, Inc. Learn more about the ZyXEL NAS520 Model Brand
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