Kyndryl and Microsoft Collaborate to Speed the Evaluation and Adoption of Enterprise-Grade Generative AI for Business
09 August 2023 - 2:01PM
Business Wire
New Kyndryl Consult-led AI-readiness
program launched to help customers explore the use of generative AI
in their enterprises
Kyndryl (NYSE: KD), the world’s largest technology
infrastructure services provider, and Microsoft today announced a
joint effort to enable the adoption of enterprise-grade generative
AI solutions for businesses on The Microsoft Cloud.
Leveraging the partnership’s Joint Innovation Centers, Kyndryl’s
growing patent portfolio in data and AI, and its access to
Microsoft 365 Copilot, Azure OpenAI Service and Microsoft Fabric,
the two companies will rapidly design, develop and drive new
generative AI innovations and solutions across their enterprises.
To further the advancement of new AI capabilities, Kyndryl is also
committing to utilize the Kyndryl University for Microsoft to
educate thousands of Kyndryl employees on new Microsoft AI
technologies.
Advancing Customer AI-Readiness
Central to enabling the expanded collaboration, Kyndryl is
launching an AI-readiness program within Kyndryl Consult that is
dedicated to responsibly exploring the adoption of generative AI
solutions. Highly skilled Kyndryl experts will help new and
existing customers build a trusted data foundation and navigate the
complexity of using new generative AI technologies. Leveraging its
deep domain and enterprise-grade AI expertise - spanning across
industries and solution areas – the Company will help customers
evaluate the benefits of generative AI through key service areas,
including:
- Collaborative Innovation: Customers can tap into Kyndryl
Vital and the Microsoft and Kyndryl Joint Innovation Centers to
explore and co-create custom use cases and identify unique ways to
leverage generative AI in their enterprises and unlock business
value.
- Enhanced Customer and Employee Experience: Using its
expertise in managing complex IT environments, Kyndryl will pilot
new technologies and develop industry specific models, use cases
and solutions that further build on its existing capabilities to
help customers improve enterprise automation and workplace
productivity.
- Of note, Kyndryl has supported several customers, as well as
itself, in leveraging AI and a virtual assistant to automatically
summarize problem descriptions and dynamically surface relevant
information to improve efficiency and response rates.
- Build a Strong Data Foundation: Kyndryl will work with
customers to provide end-to-end services – from building a trusted
data foundation and architecture, to managing customers’ data from
the point of creation to the time of consumption, enabling higher
quality data and improved reliability.
- Execution & Management: Leveraging its data and AI
architectural expertise, Kyndryl will deploy bespoke frameworks for
customers to derive value from data and generate AI insights at
scale, in a responsible and optimal manner.
“Kyndryl is creating a trusted environment for organizations to
explore the benefits and value it can bring to organizations as
they look to drive efficiencies, grow and deliver greater business
outcomes,” said Stephen Leonard, Global Alliances and Partnerships
Leader, Kyndryl. “With over three decades of experience in
delivering data services, advanced security capabilities and
managing complex IT environments, we are well-positioned to work
alongside Microsoft to help organizations confidently apply
generative AI at scale and positively impact their businesses while
being mindful of known risks.”
“Together with Kyndryl, we have a shared vision to responsibly
enable our customers to jointly explore, design and deploy
generative AI solutions across their enterprises, and to do it in a
way that enables them to realize business value,” said Stephen
Boyle, GM Global Partner Solutions, Microsoft. “As a leader in the
delivery of generative AI and data platforms, we believe partners
such as Kyndryl are critical to the successful use of emerging
technologies for business.”
Together, Kyndryl Consult, Kyndryl Bridge and Kyndryl Vital
represent a cohesive approach to helping customers envision the
outcomes they want, design and implement solutions, and assess
results, while continuously evolving their IT infrastructures for
the future.
As greater volumes of data and analysis require more computing
power, Kyndryl Bridge will enable customers to easily manage their
complex technology estates through services such as AIOps and
FinOps, and will leverage AI to help customers achieve their
business goals in a cost-effective, insightful and security rich
manner. Kyndryl also will continue to enrich its advanced delivery
capabilities through additional generative AI services.
The strategic partnership with Microsoft was Kyndryl’s first
global strategic alliance upon becoming an independent public
company. Together, the companies continue to unlock new areas of
innovation that drive better business outcomes for customers, and
taps into incremental multi-billion-dollar revenue opportunities in
fast-growing areas such as data modernization, governance and
AI.
Kyndryl is uniquely qualified to offer customers a first-hand
perspective on AI implementations as it continuously tests,
innovates, improves, and becomes an expert in AI and other
technologies before they are integrated into customers’ businesses.
For instance, after becoming an independent company, Kyndryl
embarked on its own technology transformation journey and has
integrated AI across its operations, on Kyndryl Bridge and through
its workforce productivity tools. The Company plans to continue to
develop new use cases for deploying generative AI internally and
for its customers across industries.
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.
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 source
version on businesswire.com: https://www.businesswire.com/news/home/20230808222504/en/
Kyndryl Press press@kyndryl.com
Kyndryl (NYSE:KD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Kyndryl (NYSE:KD)
Historical Stock Chart
From Jul 2023 to Jul 2024