Honda Motor Europe Renews And Expands IT Partnership with Kyndryl Via Multiyear Managed Infrastructure Services Agreement
Portfolio Pulse from Benzinga Newsdesk
Honda Motor Europe has renewed and expanded its IT partnership with Kyndryl through a multiyear managed infrastructure services agreement. This agreement signifies a strengthening of the relationship between Honda and Kyndryl, indicating a continued reliance on Kyndryl's services for IT infrastructure management.
April 23, 2024 | 7:22 am
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Kyndryl's renewed and expanded partnership with Honda Motor Europe for managed infrastructure services could signal increased revenue and growth prospects.
The renewal and expansion of the IT partnership with Honda Motor Europe likely means that Kyndryl will see an increase in revenue from this deal. Given the multiyear nature of the agreement, it suggests a stable and potentially growing income stream from a major client. This could positively impact investor sentiment and Kyndryl's financial outlook in the short term.
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