Kyndryl To Accelerate Mainframe Application Modernization For Customers With AWS
Portfolio Pulse from Benzinga Newsdesk
Kyndryl has announced a collaboration with Amazon Web Services (AWS) to expedite the modernization of mainframe applications for its customers. This partnership aims to enhance Kyndryl's capabilities in transforming and migrating mainframe workloads to AWS, thereby enabling customers to innovate faster and reduce costs.

November 29, 2023 | 10:39 pm
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Kyndryl's partnership with AWS to modernize mainframe applications is expected to strengthen its service offerings and could lead to increased demand for its modernization services.
The collaboration with AWS is directly related to Kyndryl's core business of IT infrastructure services. By leveraging AWS's capabilities, Kyndryl can potentially attract new customers looking to modernize their mainframe applications, which could lead to revenue growth. The news is likely to be viewed positively by investors, as it signals Kyndryl's commitment to expanding its cloud services and could improve its competitive position.
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