Kyndryl and Cloudflare Announce Global Strategic Alliance to Drive Enterprise Network Transformation, Multi-Cloud Innovation, and Zero Trust Security, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Kyndryl (NYSE:KD) and Cloudflare, Inc. (NYSE:NET) have expanded their partnership through a global strategic alliance aimed at driving enterprise network transformation, multi-cloud innovation, and zero trust security. This collaboration leverages Kyndryl's consulting services and expertise in networking, security, and resiliency with Cloudflare's connectivity cloud solutions.
April 10, 2024 | 11:03 am
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Kyndryl's strategic alliance with Cloudflare aims to enhance its offerings in enterprise network transformation and security, potentially increasing its market competitiveness.
The partnership with Cloudflare allows Kyndryl to broaden its service offerings in critical areas such as network security and multi-cloud connectivity. This could attract new clients and strengthen its position in the IT infrastructure services market.
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Cloudflare's alliance with Kyndryl could expand its customer base by leveraging Kyndryl's extensive consulting services and enterprise networking expertise.
By partnering with Kyndryl, Cloudflare can tap into Kyndryl's vast enterprise client base and consulting expertise, potentially increasing its market share and strengthening its position as a leading connectivity cloud company.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90