Kyndryl And Rubrik Announce Global Strategic Alliance To Offer Cyber Incident Recovery
Portfolio Pulse from Benzinga Newsdesk
Kyndryl (NYSE: KD) and Rubrik (NYSE: RBRK) have announced a global strategic alliance to offer cyber incident recovery services, enhancing cyber resilience for customers. This partnership includes the launch of Kyndryl Incident Recovery with Rubrik, a managed service aimed at reducing the impact of cyber incidents, data loss, and disaster recovery for cloud and on-premises workloads. The service focuses on decreasing system downtime, reducing IT costs, and meeting rigorous cyber recovery regulations.
May 02, 2024 | 1:10 pm
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POSITIVE IMPACT
Kyndryl's strategic alliance with Rubrik to offer cyber incident recovery services could enhance its market position in IT infrastructure services by expanding its cybersecurity offerings.
The strategic alliance with Rubrik positions Kyndryl favorably in the cybersecurity market, potentially attracting more customers seeking comprehensive IT and data security solutions. This could lead to increased revenue from the new services offered.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Rubrik's partnership with Kyndryl to co-develop and launch cyber incident recovery services could strengthen its position as a leader in data security, potentially increasing its customer base and market share.
Rubrik's collaboration with Kyndryl to offer managed cyber incident recovery services could attract new customers and solidify its reputation in the data security market. This strategic move is likely to have a positive impact on Rubrik's market share and customer base.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90