Kyndryl Expands Collaboration With EY To Optimize Mission-Critical Auditing And Consulting Operations
Portfolio Pulse from Benzinga Newsdesk
Kyndryl (NYSE:KD) has renewed a five-year agreement with Ernst & Young LLP (EY) to manage its SAP environment and provide modernization and security services. This extension builds on a nearly decade-long partnership, focusing on enhancing SAP processes and bolstering security through Kyndryl Consult. The collaboration aims to support EY's global financial processing and improve cyber resiliency with new technology, including Zero Trust principles for better protection against cybersecurity threats.
April 10, 2024 | 1:06 pm
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Kyndryl's renewal of a five-year agreement with EY to manage SAP environments and enhance security services underscores a strong partnership and potential for growth in IT infrastructure services.
The renewal of the agreement with EY not only solidifies Kyndryl's position as a leader in IT infrastructure services but also highlights its capabilities in managing complex SAP environments and providing advanced security solutions. This partnership is likely to enhance Kyndryl's reputation and could lead to increased demand for its services, positively impacting its stock in the short term.
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