They need skills, they need services capabilities to help them to implement, manage, and run those systems. Fantastic IP, fantastic products,” he said. ” You think about the ecosystem, think about the hyperscalers – the Microsofts, the AWS, the Googles – you think about partners like VMware and ServiceNow. ![]() The company now has freedom of action to deepen its partnerships in the ecosystem, noted Kyndryl Canada president Xerxes Cooper in an interview. We look forward to the path ahead, with a flatter and faster company that is at the heart of progress for our customers and for the world.” “There is a large and growing need for digital transformation services, and our unrivaled global expertise in creating, managing, and modernizing mission-critical information systems positions us well in a market that will expand to more than $500 billion by 2024. “We are thrilled that Kyndryl is today an independent company - with 90,000 of the best and brightest professionals, a strong balance sheet and a path to growth,” said Martin Schroeter, Kyndryl’s chairman and chief executive officer in a statement. Kyndryl CEO Martin Schroeter at the New York Stock Exchange ![]() It currently serves 75 per cent of the Fortune 100. The new company, formerly IBM‘s managed infrastructure services arm, begins life with more than US$19 billion in revenue and over 90,000 professionals serving customers in more than 60 countries. IBM’s split into two companies became final last Thursday, when its spin-off, Kyndryl, began trading on the New York Stock Exchange. Artificial Intelligence (654) Auto Tech (23) Blockchain (123) CanadianCIO (69) Careers & Education (4397) Channel Strategy (19) Cloud (1936) Communications & Telecom (259) Companies (275) Data & Analytics (1221) Development (506) Digital Transformation (1014) Distribution (92) Diversity & Inclusion (30) Ecommerce (71) Emerging Tech (24057) End User Hardware (12) Engineering (75) Financial Services (81) FinTech (63) Future of Work (286) Governance (68) Government & Public Sector (5917) Human Resources (780) Infrastructure (8467) IoT (6158) ITWC Morning Briefing (93) Leadership (4232) Legal (43) Legislation (104) Managed Services & Outsourcing (4294) Marketing (48) MarTech (2) Medical (15) Mobility (3409) Not For Profit (6) Open Source (16) Operations (49) People (55) Podcasts (1760) Privacy (514) Project Management (1099) Security (7063) Service (22) Smart Home (10) SMB (34) Social Networks (101) Software (4087) Supply Chain (98) Sustainability (43) Tech in Sports (3) Women in Technology (158)
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