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Kyndryl Selects RISE with SAP and Expands Alliance to Simplify Customers' Cloud Transformations

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Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, has announced its selection of the RISE with SAP solution to accelerate its cloud journey and expand its strategic alliance with SAP. As part of this expansion, Kyndryl will provide SAP services for SAP S/4HANA Cloud Private Edition, helping customers move to the cloud and tackle complex digital transformation challenges.

Kyndryl's expanded capabilities as a RISE with SAP partner will enable it to offer end-to-end services for customers' cloud transformation journeys. The company's comprehensive services include migration and transformation, data insights and AI, application development, and integrations. Kyndryl will leverage its own experience as a RISE with SAP user to accelerate and guide customers in their cloud migration efforts.

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Positive

  • Expanded strategic alliance with SAP to provide SAP S/4HANA Cloud Private Edition services
  • Recognition by ISG as a RISE with SAP Implementation Partner
  • Offering comprehensive end-to-end services for customers' cloud transformation journeys
  • Leveraging AI and generative AI services to unlock value from SAP data
  • Providing application development services for mission-critical business solutions

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  • None.

News Market Reaction 1 Alert

-0.22% News Effect

On the day this news was published, KD declined 0.22%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

New Kyndryl services to drive modernization for customers moving to RISE with SAP  

NEW YORK, July 23, 2024 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the selection of the RISE with SAP® solution to accelerate its journey to the cloud and an expanded strategic alliance with SAP. As part of the expansion, Kyndryl will provide SAP® services for the delivery of SAP S/4HANA® Cloud Private Edition to help customers move to the cloud and continue solving their most complex digital transformation challenges.

Since its inception, Kyndryl has provided the infrastructure and managed services to run some of SAP's largest customers' enterprise systems. Leveraging this expertise, Kyndryl will expand its capabilities as a partner delivering services for RISE with SAP, enabling the company to further provide the end-to-end services to support its customers' cloud transformation journeys. Rooted in the SAP Activate methodology and the RISE with SAP adoption framework, Kyndryl offers a full suite of advisory, implementation and managed services to support customers migrating to SAP S/4HANA Cloud.

"Kyndryl is committed to meeting customers where they are on their digital transformation journey. By expanding our modernization services through the RISE with SAP solution, leveraging our deep consulting expertise as a managed services provider and applying our own experience as a RISE with SAP user, Kyndryl is well positioned to help customers simplify their cloud transformations," said Michael Bradshaw, Kyndryl's Global Applications, Data and AI Practice Leader.

"Combining Kyndryl's consulting services with their deep application expertise positions the company as a trusted partner in supporting the delivery of SAP cloud ERP solutions to our RISE with SAP customers," said Peter Pluim, President of SAP Enterprise Cloud Services and SAP Sovereign Cloud Services.

Recognized by ISG as a RISE with SAP Implementation Partner, Kyndryl provides comprehensive services that help customers drive successful outcomes through its RISE with SAP modernization journeys. As a customer and partner for RISE with SAP, Kyndryl will leverage innovative business processes and AI capabilities from SAP to support rapid market responsiveness and enhanced customer solutions, along with its first-hand experience to accelerate and guide customers in migrating to the cloud. 

Further aligning with SAP's clean core approach and governance principles, Kyndryl's expanded portfolio of services and position as a trusted SAP partner can help accelerate the modernization of customers' SAP environments and application landscape. Available through Kyndryl Consult, Kyndryl's expertise and comprehensive services for SAP include:

  • Migration and Transformation: Kyndryl collaborates with customers to create customized business and technical transformation roadmaps tailored to optimize SAP systems and drive efficiencies. Kyndryl also leverages SAP Activate and its advanced data transformation tools and automation capabilities to support customers' transition to RISE with SAP. Kyndryl's comprehensive suite of tools, including advanced data mapping, automated data integrity and intelligent data archiving solutions, integrate with its agile program management engine to streamline customers' migration and minimize downtime.
  • Data Insights, Analytics and AI: Kyndryl delivers AI and generative AI services to support customers in unlocking value from their SAP data. With industry recognized data and analytics expertise, Kyndryl uses data relevance, context and clarity to deliver business insights during and after SAP S/4HANA Cloud modernization.
  • Application Development: Kyndryl provides application development services for SAP software that drives innovation and agility for mission-critical business solutions.
  • Integrations: Kyndryl services for SAP Business Technology Platform (SAP BTP) provide application and data integration services that support the clean core approach from SAP and are critical to successful SAP S/4HANA Cloud transformations

To continue supporting customers on their digital transformation journey, Kyndryl will use its end-to-end services to unlock operational data that can accelerate productivity and yield complete visibility, while also providing customers with security-rich resilient environments. Additionally, Kyndryl will leverage its robust partner ecosystem to help customers adopt the applications, platforms and infrastructure required to support their business needs. 

Visit the Kyndryl and SAP alliance page for more information on Kyndryl's strategic partnership with SAP.

About Kyndryl

Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Kyndryl Press Contact 
press@kyndryl.com

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "will," "anticipate," "predict," "project," "plan," "forecast," "estimate," "expect," "intend," "target," "may," "should," "would," "could," "outlook" and other similar words or expressions or the negative thereof or other variations thereon. All statements, other than statements of historical fact, including without limitation statements representing management's beliefs about future events, transactions, strategies, operations and financial results, may be forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release and the Company does not undertake to update its forward-looking statements. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties including those described in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies. 

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SOURCE Kyndryl

FAQ

What is Kyndryl's new partnership with SAP for RISE?

Kyndryl has selected RISE with SAP and expanded its strategic alliance with SAP to provide SAP S/4HANA Cloud Private Edition services, helping customers move to the cloud and tackle complex digital transformation challenges.

What services does Kyndryl (KD) offer for SAP implementations?

Kyndryl offers comprehensive services for SAP implementations, including migration and transformation, data insights and AI, application development, and integrations for SAP Business Technology Platform (SAP BTP).

How will Kyndryl's experience benefit RISE with SAP customers?

As both a customer and partner for RISE with SAP, Kyndryl will leverage its first-hand experience to accelerate and guide customers in migrating to the cloud, offering insights from its own transformation journey.

What AI capabilities does Kyndryl (KD) offer for SAP data?

Kyndryl delivers AI and generative AI services to help customers unlock value from their SAP data, using data relevance, context, and clarity to deliver business insights during and after SAP S/4HANA Cloud modernization.
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