Special report Kyndryl, the IT services biz spun out of IBM in late 2021, has been following in the footsteps of its parent by discreetly shedding hundreds of workers, largely in the US.… ...
In its recent third-quarter announcement, Kyndryl Holdings (KD), a global IT infrastructure services provider, reported mixed ...
"In the third quarter, we delivered another quarter of strong signings growth and significant margin expansion, led by ...
Kyndryl separated from IBM in November 2021 to become a standalone business focused on managed infrastructure services. Over time, it’s taken advantage of its freedom to introduce new services ...
Kyndryl is a big company. Created last year when the Managed Infrastructure Services division was spun off from IBM, taking 88,449 people with it, it immediately inherited 4,000 blue chip ...
Kyndryl had also inherited multiple no-margin contracts from IBM and has been looking to re-work them to generate higher profits. The company recorded adjusted net income of $124 million in the ...
The bank noted that KD’s consulting business, driven by the rapid proliferation of AI and cloud security systems, is expanding by double-digit percentage levels. The latter unit’s growth, in turn, is ...
System integrator Kyndryl has integrated AI software from Palo Alto Networks into its new secure access service edge (SASE) offer for enterprises.
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