Technology major Microsoft Corporation (MSFT) and Kyndryl, the world's largest IT infrastructure services provider, recently announced a global strategic partnership that will combine their expertise to serve enterprise customers worldwide. Following the news, shares of the company rose 1.3% to close at $337.15 on Friday. Implications of the Partnership The collaboration intends to enhance hybrid cloud adoption with the help of Microsoft Cloud and enable modern applications and processes to ensure a hassle-free work experience for customers. Moreover, the partnership aims to focus on data modernization and governance, AI-driven innovations for industries, cyber security and resiliency, and transformation of mission-critical workloads to the cloud.
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