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Motiva Enterprises signs $160M agreement with Kyndryl to enable its digital transformation and cloud journey

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Kyndryl (NYSE: KD) has secured a five-year, $160M contract with Motiva Enterprises, North America's largest refinery, to enhance its IT services and support its digital transformation. The partnership aims to streamline Motiva's transition to a hybrid multi-cloud setup, improving operational efficiency and backend workflows. As supply chain disruptions challenge the oil and gas sector, Kyndryl's expertise will aid Motiva in optimizing IT costs and achieving critical business efficiencies.

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  • Secured a five-year, $160M agreement with Motiva Enterprises.
  • Streamlining of IT services enhances operational efficiencies.
  • Supports Motiva's transition to a hybrid, multi-cloud environment.
  • Improves backend workflows and technology efficiency for employees.
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  • None.

NEW YORK, March 31, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced it has signed a five-year, $160M agreement with Motiva Enterprises, owner of North America's largest refinery, under which Kyndryl will streamline Motiva's IT services, accelerate its cloud journey, and lay the foundation for its enterprise-wide digital transformation.

As businesses across the global economy continue to grapple with the ripple effects of pandemic-induced supply chain disruption, enterprises within the oil and gas sector are under more pressure than ever to ensure the smooth delivery of the energy that keeps commerce physically moving. Business disruption — punctuated by the tightening of global crude supplies — pose complex operational challenges that call for advanced, forward-looking solutions.

Motiva is collaborating with Kyndryl to continue to strengthen its IT services and operational efficiencies by shifting more of its business into a cloud-based environment. In doing so, the company is delivering technology efficiency for employees, improved backend workflows, and high value to its customers in today's increasingly complex energy market.

Kyndryl and Motiva are operationalizing a hybrid, multi-cloud environment that will enable Motiva's "cloud first" strategy for new applications and drive infrastructure modernization for business-critical workloads. Kyndryl is also leveraging data analytics and workflow automation to help accelerate Motiva's IT service management capabilities.

"As supply chain uncertainty continues to create disruptions for businesses across the globe, Motiva has found it more critical than ever to transform its IT services, increase IT operational efficiencies, and enhance digital workplace services," said Anthony Dayao, Motiva Chief Information Officer. "Our partnership with Kyndryl is an important step on the path to better optimize IT operational costs while advancing our digital transformation strategy."

"As Motiva continues to evolve its business to meet the needs of today's oil and gas market, we're working hand in hand to help them propel business growth and gain critical efficiencies," said Matt Milton, President of Kyndryl U.S. "By harnessing the combination of Kyndryl's cloud and digital workplace expertise, Motiva is able to address its most pressing business objectives while driving forward its longer-term transformation goals."

About Kyndryl 

Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. Kyndryl's nearly 90,000 employees serve over 4,000 customers in more than 60 countries around the world, including 75 percent of the Fortune 100. For more information, visit www.kyndryl.com

 

Cision View original content:https://www.prnewswire.com/news-releases/motiva-enterprises-signs-160m-agreement-with-kyndryl-to-enable-its-digital-transformation-and-cloud-journey-301514195.html

SOURCE Kyndryl

FAQ

What is the $160M agreement between Kyndryl and Motiva Enterprises about?

The $160M agreement involves Kyndryl enhancing Motiva's IT services and supporting its digital transformation over five years.

How does Kyndryl's partnership with Motiva affect its cloud services?

Kyndryl's partnership involves operationalizing a hybrid multi-cloud environment to support Motiva's 'cloud first' strategy.

When was the Kyndryl and Motiva agreement announced?

The agreement was announced on March 31, 2022.

What are the benefits of Kyndryl's services for Motiva?

Kyndryl's services are aimed at streamlining IT operations, improving efficiencies, and enhancing Motiva's digital transformation efforts.

What is Kyndryl's role in Motiva's digital transformation?

Kyndryl will help Motiva modernize its IT infrastructure and improve service management capabilities through data analytics and workflow automation.

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