Kyndryl Teams With NVIDIA to Accelerate Adoption of Generative AI-enabled Solutions
Kyndryl (KD) has announced a collaboration with NVIDIA to accelerate the adoption of generative AI-enabled solutions. This partnership will leverage Kyndryl's digital business platform, Kyndryl Bridge, alongside NVIDIA's accelerated computing and software solutions. Kyndryl Consult will play a important role in speeding up the deployment of AI solutions, including IT operations automation, fraud prevention, and real-time analytics. The integration of NVIDIA NeMo and NIM microservices aims to enhance network and IT infrastructure efficiency. This collaboration targets essential industries like finance, retail, telecom, and healthcare, promising enhanced AI performance and operational efficiency. The combined expertise aims to help customers quickly integrate and scale AI applications, offering comprehensive AI services and solutions.
- Kyndryl's collaboration with NVIDIA aims to accelerate AI solution deployment, potentially increasing market share.
- Integration with NVIDIA NeMo and NIM microservices can enhance operational efficiency and reduce network failure rates.
- Kyndryl Bridge's new capabilities may drive higher customer adoption across multiple industries.
- Leveraging NVIDIA's GPUs could lead to improved performance and insights for energy-efficient AI workloads.
- The partnership covers a broad range of sectors, including finance, retail, telecom, and healthcare, expanding market reach.
- The successful implementation of generative AI solutions is dependent on customer adoption, which carries inherent risks.
- Investments in AI technologies might increase operational costs without guaranteed immediate returns.
- The collaboration's impact on financial performance is uncertain and could take time to materialize, affecting short-term investor sentiment.
Insights
The collaboration between Kyndryl and NVIDIA is a significant integration of generative AI capabilities into existing IT services. Leveraging NVIDIA's NeMo platform and NIM inference microservices, Kyndryl can now offer enhanced AI-powered solutions. A key benefit here is the use of GPU-optimized computing to accelerate AI deployments, which means faster processing times and improved operational efficiencies. This is particularly important for industries like financial services and healthcare, where real-time analytics and failure predictions can lead to substantial cost savings and improved service reliability. Additionally, the use of Retrieval-Augmented Generation (RAG) enables more customized AI solutions, which could make Kyndryl's offerings more competitive.
The partnership with NVIDIA allows Kyndryl to tap into a growing market for generative AI solutions. By offering comprehensive services and leveraging NVIDIA's well-regarded AI technology, Kyndryl can attract a broader range of clients across multiple industries. The ability to implement these solutions in on-premises, private cloud, hybrid, or multicloud environments adds flexibility, making their offerings more appealing to companies with diverse IT architectures. Moreover, the promise of enhanced operational efficiency and reduced failures could lead to long-term cost savings for customers, driving sustained interest in Kyndryl's AI services.
From a financial perspective, Kyndryl's collaboration with NVIDIA presents a promising avenue for revenue growth. The integration of advanced AI capabilities into their Kyndryl Bridge platform can differentiate their services in a competitive market, potentially driving higher margins. However, investors should keep an eye on implementation costs and the scalability of these solutions across different sectors. The long-term success will depend on how effectively Kyndryl can convert this technological partnership into new customer contracts and recurring revenue streams. Additionally, the focus on energy-efficient AI workloads aligns well with current sustainability trends, possibly attracting ESG-focused investors.
Kyndryl's AI-powered open integration digital business platform, Kyndryl Bridge, will support the end-to-end lifecycle of AI development and implementation in real-world business environments for customers running full-stack NVIDIA accelerated computing and software. Kyndryl also will tap into the domain and industry expertise of Kyndryl Consult to speed customers' ability to test, verify and deploy generative AI solutions, facilitate rapid application deployment and enhance operational experience.
This collaboration will provide a combination of technology and services critical to customers looking to rapidly scale generative AI solutions to remain competitive in their respective industries. By coupling Kyndryl's expertise with NVIDIA technologies, customers will be able to tap into a wealth of knowledge crucial to their continued adoption and ability to scale.
To further accelerate customer adoption and implementation of generative AI solutions in their mission-critical IT operations, Kyndryl will leverage the NVIDIA NeMo platform and NVIDIA NIM inference microservices to address industry-common and industry-specific use cases such as customer support, IT operations automation, fraud and loss prevention, and real-time analytics.
Kyndryl is adding generative AI capabilities to its successful Kyndryl Bridge platform and AIOps services, leveraging NVIDIA NIM to simplify and speed generative AI deployments for network and application management. The incorporation of NVIDIA NIM into Kyndryl Bridge will enable AIOps to be optimized on NVIDIA Tensor Core GPUs to rapidly process failure prediction and analysis while delivering comprehensive insights that will significantly reduce network and IT infrastructure failure. The incorporation of retrieval-augmented generation (RAG) with NVIDIA NeMo Retriever microservices allows the solution to be uniquely customized to enterprise environments. This development will provide a holistic view and approach to managed IT services.
"We're excited to be working with NVIDIA to provide the building blocks and know-how customers need to fully unleash the potential of generative AI throughout their businesses," said Hidayatullah Shaikh, vice president, Software Engineering, Kyndryl Bridge. "By combining NVIDIA's generative AI software with Kyndryl's capabilities, we're uniquely prepared to help address and resolve the biggest pain points for customers seeking to integrate AI across their hybrid IT estates."
"As generative AI can scale productivity and insight for companies across industries, many organizations are seeking experts to help them quickly integrate AI applications into their operations," said John Fanelli, vice president of enterprise software at NVIDIA. "Kyndryl's solutions and expertise in integrating full-stack NVIDIA AI can help customers rapidly establish and scale their AI strategies."
Kyndryl is offering comprehensive services via the Kyndryl Bridge catalog, providing the NVIDIA AI platform across industries, including financial services, retail, telecom and healthcare. Kyndryl Consult will support customer implementations running on the NVIDIA accelerated computing infrastructure, in on-premises deployments or in a private cloud, hybrid or multicloud environment.
Kyndryl Bridge's integration with NVIDIA AI will enable the following new benefits to customers:
- Accelerate generative AI performance on Kyndryl Bridge using NVIDIA AI and accelerated computing to enhance efficiency and speed customer adoption across industries.
- Drive value for customers through Consult & Managed Services generative AI offerings on the Kyndryl Bridge platform (LLMOps, Data Modernization and Infrastructure Services with NVIDIA NIM) leveraging NVIDIA capabilities to facilitate creation of integrated solutions.
- GPU-aware workload placement – via CloudOps and SustainabilityOps – to drive improved performance and deliver insights to support energy efficient generative AI workloads.
- Enhance performance of generative AI applications, such as AI-powered chatbots and virtual avatars on NVIDIA-powered systems through real-time insights from Kyndryl Bridge AIOps.
For more information on Kyndryl's collaboration with NVIDIA, visit https://www.kyndryl.com/us/en/about-us/alliances.
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.
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.
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