ย Kyndrylย (NYSE:ย KD), the worldโs largest technology infrastructure services provider, today announced that more than 500 global enterprise customers are operational onย Kyndryl Bridge, with more than 1,000 customers expected by fiscal year-end. Kyndryl Bridge isย the industryโs first open-integration technology services platform and seamlessly integrates artificial intelligence (AI), operational data and Kyndryl expertise to provide customers with a new way to operate their systems and deliver improved business outcomes.
As the No. 1 provider of infrastructure implementation and managed services globally, Kyndryl is integrating AI and machine learning (ML) at scale into mission-critical systems. The Company also leverages its expertise, including intellectual property, patents, skills and deep industry experience, to accelerate the delivery of new innovations and services as customers look to gain value from emerging technologies to transform their operations.
Kyndryl Bridge is estimated to have already helped enable early adopters to avoid more than $1 billion in annual costs, including:
- $670 million in annualised cost avoidance as a result of preventing thousands of incidents before they occur.
- $370 million in annualised cost avoidance as a result of reducing required maintenance windows.
โKyndryl Bridge reinvents the way CXOs manage their increasingly complex technology estates,โ saidย Martin Schroeter, Kyndryl Chairman and Chief Executive Officer. โThis differentiated, AI-powered, open-integration services platformย accelerates automation, drives efficiencies, and creates a more sustainable operation โ helping companies advance theirย growth objectives and deliver stakeholder value.โ
“Kyndryl Bridge is a welcome solution that helps organisations manage their complex IT estate, and capitalises on AI to do so. It gives them a single view and simple but effective tools to manage it, and is already being used by many of our customers in Australia and New Zealand,” said Jim Freeman,ย Chief Technology Officer, Kyndryl A/NZ. “The sustainability intelligence assessment has new capabilities and tooling that will help our customers measure, analyse and present reliable data on energy consumption and emissions, backed by actual data, not models. This will enable them to make meaningful changes across their IT estate.”
Integrated Platform Accelerates Digital Transformations
Kyndryl Bridge was launched in September 2022 as part of Kyndrylโs Advanced Delivery initiative, which is one of its central Three-Aโs strategies. The platform was formed from the Companyโs decades of expertise managing enterprisesโ complex, mission-critical environments, and is an โas-a-serviceโ operating environment that includes a single marketplace, an operational management console and an AI and ML analytics engine.
โThe need for a multi-cloud management platform to control all on-prem and cloud resources is paramount for enterprises in migrating and modernising technology to the cloud while transforming their businesses,โ said David Tapper, IDC Vice President, Outsourcing and Managed Cloud Services. โLeveraging a multi-cloud management platform such as Kyndryl Bridge that can support public cloud providers, automate development and deployment processes, accelerate generating business outcomes and provide comprehensiveness of visibility into technology operations while using both AI to drive efficiencies and align consumption with user-specific needs and FinOps to optimise spend across cloud resources, map costs to business units and forecast spending and budgeting should help achieve these objectives.โ
Alliance Partners Co-Innovate on Kyndryl Bridge
Additionally, Kyndryl and its technology alliance partners are collaborating to accelerate and deliver real-time insights and innovation across IT estates.
โWe are co-innovating with Kyndryl to develop new solutions that enable customers to gain greater visibility and value from their existing data estates and technology investments,โ saidย Chris Niederman, AWS General Manager of Global Systems Integrators. โBy combining the longstanding expertise of Kyndrylโs applied intelligence with the vast scale of AWSโ data lake and machine learning services, we are working to better serve joint customers and help them more effectively leverage the data within their organisation for more informed business decisions that drive business transformation.โ
โWe are working with Kyndryl to simplify and accelerate transformation for our customers,โ said Steffi Kuebler, SAP Senior Vice President, Head of Business and Data Transformation Solutions. โStarting with new migration techniques and automation to reduce project timelines, we are providing a holistic view of SAP and non-SAP workloads from a single pane of glass that helps customers gain important insights and understandings from their enterprise data.โ
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โThe combination of Kyndryl Bridge Services and the Red Hat OpenShift and Red Hat Ansible Automation Platform helps customers more efficiently design, deploy and accelerate their cloud transformation projects. This also enables customers to more easily tap into a robust ecosystem of capabilities that enable them to gain greater application visibility, control and cost management. Together, Red Hat and Kyndryl are helping customers unlock the value of their technology investments faster for real business outcomes,โ said Stefanie Chiras, Red Hat Senior Vice President, Partner Ecosystem Success.
Accelerated Expansion of Services
With nearly 190 digitally enabled services slated to be available on Kyndryl Bridge by the end of the current fiscal year (March 2024), the Company is driving AI innovation and expanding the depth and breadth of services so that customers can realise better business outcomes, such as:
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- Achieving AI-Driven Outcomesย โย A growing number of services that will help unlock greater opportunity for our customers, manage and model data, and deliver industry-specific outcomesย โย from enabling smart industry 4.0 manufacturing practices and reducing production quality risks to identifying new markets to develop and sell products at scale.
- Becoming More Cyber Resilient and Compliantย โ New services that will optimise an organisationโs security investments โ from integrating data to preventing cyber threats, managing security incident workflows, and considering local and global data compliance requirements.
- Meeting Net Zero Goals โ The AI-powered sustainability intelligence and carbon footprint calculator will measure real-time energy consumption and emission data to help customers analyse, simulate, forecast and generate actionable recommendations to improve energy efficiency across an entire IT estate.
Learn more aboutย Kyndryl Bridge.
About Kyndryl
Kyndryl (NYSE: KD) is the worldโs largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernises the complex, mission-critical information systems that the world depends on every day. For more information, visitย www.kyndryl.com.
Red Hat, the Red Hat logo, OpenShift and Ansible are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries.
This press release contains โforward-looking statementsโ within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as โwill,โ โanticipate,โ โpredict,โ โproject,โ โplan,โ โforecast,โ โestimate,โ โexpect,โ โintend,โ โtarget,โ โmay,โ โshould,โ โwould,โ โcould,โ โoutlookโ 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 ofย 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 uncertaintiesย including thoseย described in the โRisk Factorsโ section of the Companyโs Annual Report on Form 10-K for the fiscal yearย ended March 31, 2023 filed with the Securities and Exchange Commission (the โSECโ) on May 26, 2023, as such factors may be updated from time to time in the Company’s periodic filings with the SEC.