Kyndryl Bridge Drives Nearly $2 Billion in Annual Savings for Customers and Delivers Improved Mission-Critical IT Outcomes
Kyndryl Bridge Drives Nearly $2 Billion in Annual Savings for Customers and Delivers Improved Mission-Critical IT Outcomes |
[02-May-2024] |
The IT industry's first AI-powered open integration platform now has more than 1,200 onboarded customers and 190 service offerings, exceeding Company targets Kyndryl Bridge delivers more than 3 million actionable insights per month, with new services that help enterprise customers accelerate business value NEW YORK, May 2, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced that its industry-leading, artificial intelligence (AI)-powered, open integration digital business platform, Kyndryl Bridge, has onboarded 1,200 enterprise customers, 20% more than its initial target. Kyndryl Bridge Drives Nearly $2B in Annual Savings for Customers and Delivers Improved Mission-Critical IT Outcomes Through Kyndryl Bridge, the Company has also introduced more than 190 new services – surpassing its goal for the fiscal year ended March 31, 2024. Kyndryl Bridge is also providing customers with productivity benefits totaling nearly $2 billion a year as a result of avoiding major incidents and planned maintenance costs. The increased adoption of Kyndryl Bridge demonstrates the platform's criticality in the market as customers integrate on-premise and cloud environments and services onto an open platform to gain enhanced observability, orchestration and efficiency into their entire technology environments. Kyndryl is also introducing capabilities that will help customers accelerate their adoption of AI and meet growing regulatory requirements. "We are delivering a transformational set of capabilities to our customers at a rapid pace – using data, AI and Kyndryl's expertise – to optimize and simplify the growing complexity of mission-critical IT environments today," said Antoine Shagoury, Kyndryl Chief Technology Officer. "Kyndryl continues to invest in the expansion of services that deliver business value to customers through Kyndryl Bridge so they can maximize their technology investments to achieve productivity gains and accelerate their digital journeys." Delivering Greater Productivity Kyndryl Bridge delivers 100 million automations and more than 3 million actionable insights per month for customers. This drives the speed, reliability and productivity of IT operations – and their people – so that businesses can further strengthen how they support their customers. Kyndryl expects to help customers achieve incremental savings, cyber resiliency and regulatory compliance over the next year, as the Company continues to invest in new capabilities and as Kyndryl Bridge benefits from its AI foundation. By using Kyndryl Bridge, customers are experiencing:
"Many organizations do not have the ability to holistically observe, gain insight and take actions across increasingly complex IT environments, though 70% of enterprises globally say comprehensive observability drives productivity, operational efficiency and innovation," said Jason Bremner, Research Vice President at IDC. "With AI and open integration, Kyndryl Bridge seeks to solve this challenge by providing transparency into a complete estate to simplify operations, reduce technical debt and enable organizations to drive innovation." New Capabilities to Meet Growing Global Demands New services and capabilities that the Company expects to launch on Kyndryl Bridge over the next few quarters include:
Learn more about Kyndryl Bridge. 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. Kyndryl Press Contact 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. View original content to download multimedia:https://www.prnewswire.com/news-releases/kyndryl-bridge-drives-nearly-2-billion-in-annual-savings-for-customers-and-delivers-improved-mission-critical-it-outcomes-302133888.html SOURCE Kyndryl | ||
Company Codes: NYSE:KD |