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KD

37.14000 USD
0.51
1.39%
Last update May 9, 3:59 PM EDT
Market closed
Day range
36.28000
37.45000
Previous close
36.63000
Open
37
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Kyndryl Holdings Inc.
37.14
0.51
1.39%

Overview

Description

Kyndryl Holdings Inc. operates as a technology services company that specializes in providing infrastructure services for businesses across the globe. Its primary function is to assist companies in managing their core IT infrastructure, offering services such as cloud computing, data management, networking, and security solutions. Kyndryl focuses on helping clients modernize and transform their IT environments to be more efficient and adaptable to changing market demands. The company serves a diverse array of sectors, including financial services, manufacturing, telecommunications, and government institutions, delivering tailored solutions that meet specific industry needs. Notable features of Kyndryl's offerings include its emphasis on building hybrid cloud environments, which allow seamless integration of public, private, and on-premise resources, and its use of advanced technologies like artificial intelligence to enhance service outcomes. In the financial market, Kyndryl plays a critical role as a spin-off from IBM, established to specifically address the growing and complex needs of IT infrastructure in modern enterprises. By focusing solely on infrastructure services, Kyndryl aims to capture and lead its segment, providing robust solutions that drive operational efficiency for businesses worldwide.

About

CEO
Mr. Martin J. Schroeter
Employees
80000
Address
One Vanderbilt Avenue
15th Floor
New York, 10017, NY
United States
Phone
(212) 896-2098
Website
Instrument type
Common stock
Sector
Technology
Industry
Information Technology Services
Country
United States
MIC code
XNYS
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