Kyndryl and Google Cloud will apply their expertise in data and analytics, applied artificial intelligence (AI), and infrastructure modernization to help customers gain new insights, drive business outcomes and focus on digital transformation projects.
Since listing the company has announced major technology solutions partnerships with the likes of Microsoft, SAP and VMware to offer more flexibility to its clients, some of which was lacking under IBM. The company has a significant part of its 88,449 odd employee base in India as well as a large market share.
“We’re excited to partner with Google Cloud and look forward to working together to help customers accelerate their ambitious digital business transformation plans,” said Martin Schroeter, CEO and chairman of Kyndryl. “Through this strategic partnership, Kyndryl and Google Cloud will enable businesses to operate more efficiently, embrace the benefits of cloud and augment their operations with advanced data, analytics, and AI technology.”
Kyndryl’s managed services for Google Cloud will help customers run their critical business systems on Google Cloud’s global and sustainable infrastructure, while seamlessly delivering applications and data across their entire footprint, from headquarters to the network edge.
As a Google Cloud Premier Partner, Kyndryl is establishing a “Google Cloud Academy for Kyndryl” that will focus on developing capabilities to accelerate the move of mission-critical workloads onto Google Cloud. The program is designed to contribute to Google’s goal of training 40 million new people on Google Cloud, and will drive several thousand new certifications in the coming years.
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Kyndryl and Google Cloud plan to help customers enable data mobility and use analytics to achieve their data and digital transformation strategies by bringing together Kyndryl’s data management services and integration capabilities with Google Cloud’s analytics and AI platform. Kyndryl will also accelerate its migration of mission-critical SAP workloads to Google Cloud by applying its ERP expertise to help customers move their SAP workloads to Google Cloud’s global, reliable infrastructure, thereby deepening the insights available to them through data analytics, AI, and machine learning.
Further, Kyndryl plans to create new integrated industry solutions including managed services with Google Cloud to enable and expand connectivity, compute and analytics at the network edge. Kyndryl and Google Cloud are also bringing together Kyndryl’s 30 years of service experience in supporting the world’s leading financial institutions and Google Cloud’s open and flexible solutions for financial services.
In the months leading up to the split from IBM, the company reportedly lost a few of its clients to competition. Analysts attributed this to uncertainty around its future strategy.
According to Harish Krishnakumar, Senior Market Analyst, Enterprise IT Services & Cloud, IDC India, Kyndryl might face minor setbacks in the initial months as an independent entity, and it has also been facing a decline in revenue over the last two years due to a reduction in client volumes amidst the pandemic.
“However, while being a part of IBM, the company underwent workforce rebalancing, and this would help improve its operational efficiency and improve profit margins in the upcoming years. Along with workforce rebalancing, Kyndryl is expected to deliver a greater value proposition to its clients through multi-vendor partnerships and enhanced focus on emerging technologies. With most of its workforce based outside the USA, in popular outsourcing hubs like India, Poland, Czech Republic, among others. Kyndryl, like its competitors, will also benefit from cost advantages due to lower billing rates, thereby helping to drive profitability,” he said in response to queries about its independent competitiveness.
The company competes with other global IT service providers like Accenture, TCS, Infosys, Wipro among many others.
