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Kyndryl Reports $1 Billion in Customer Savings From Adoption of Kyndryl Bridge

Kyndryl Reports $1 Billion in Customer Savings From Adoption of Kyndryl Bridge Image Credit: Kyndryl

Kyndryl last Thursday announced that more than 500 global enterprise customers are operational on Kyndryl Bridge, with more than 1,000 customers expected by fiscal year-end. Kyndryl Bridge is the industry’s first open-integration technology services platform and seamlessly integrates AI, operational data and Kyndryl expertise to provide customers with a new way to operate their systems and deliver improved business outcomes.

Kyndryl Bridge is estimated to have already helped enable early adopters to avoid more than $1 billion in annual costs, including:

$670 million in annualized cost avoidance as a result of preventing thousands of incidents before they occur.

$370 million in annualized cost avoidance as a result of reducing required maintenance windows.

Kyndryl Bridge was launched in September 2022 as part of Kyndryl’s Advanced Delivery initiative, which is one of its central Three-A’s strategies. The platform was formed from the Company’s decades of expertise managing enterprises’ complex, mission-critical environments, and is an ‘as-a-service’ operating environment that includes a single marketplace, an operational management console and an AI and ML analytics engine.

With nearly 190 digitally enabled services slated to be available on Kyndryl Bridge by the end of the current fiscal year (March 2024), the Company is driving AI innovation and expanding the depth and breadth of services so that customers can realize better business outcomes, such as:

Achieving AI-Driven Outcomes – A growing number of services that will help unlock greater opportunity for our customers, manage and model data, and deliver industry-specific outcomes – from enabling smart industry 4.0 manufacturing practices and reducing production quality risks to identifying new markets to develop and sell products at scale.

Becoming More Cyber Resilient and Compliant – New services that will optimize an organization’s security investments – from integrating data to preventing cyber threats, managing security incident workflows, and considering local and global data compliance requirements.

Meeting Net Zero Goals – The AI-powered sustainability intelligence and carbon footprint calculator will measure real-time energy consumption and emission data to help customers analyze, simulate, forecast and generate actionable recommendations to improve energy efficiency across an entire IT estate.

Martin Schroeter, Kyndryl Chairman and Chief Executive Officer

Kyndryl Bridge reinvents the way CXOs manage their increasingly complex technology estates. This differentiated, AI-powered, open-integration services platform accelerates automation, drives efficiencies, and creates a more sustainable operation – helping companies advance their growth objectives and deliver stakeholder value.

David Tapper, IDC Vice President, Outsourcing and Managed Cloud Services

The need for a multi-cloud management platform to control all on-prem and cloud resources is paramount for enterprises in migrating and modernizing technology to the cloud while transforming their businesses. Leveraging a multi-cloud management platform such as Kyndryl Bridge that can support public cloud providers, automate development and deployment processes, accelerate generating business outcomes and provide comprehensiveness of visibility into technology operations while using both AI to drive efficiencies and align consumption with user-specific needs and FinOps to optimize spend across cloud resources, map costs to business units and forecast spending and budgeting should help achieve these objectives.

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Author

Principle Analyst and Senior Editor | IP Networks

Ariana specializes in IP networking, covering both operator networks - core, transport, edge and access; and enterprise and cloud networks. Her work involves analysis of cutting-edge technologies that drive application visibility, traffic awareness, network optimization, network security, virtualization and cloud-native architectures.

She can be reached at ariana.lynn@thefastmode.com

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