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Kyndryl and NetApp Announce Alliance to Fast-track Cloud Transition and Transformation for Customers

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Kyndryl (NYSE: KD) and NetApp (NASDAQ: NTAP) have formed a strategic alliance aimed at leveraging unstructured data to drive innovation and cloud transformation for customers across diverse industries. The partnership will merge Kyndryl's IT infrastructure expertise with NetApp's cloud capabilities to enhance data management and analytics. The collaboration targets industry-specific solutions in sectors such as automotive and financial services, focusing on improving operational efficiency and customer satisfaction. The two companies aim to accelerate cloud adoption and facilitate business transformation through their combined efforts.

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  • Formation of a strategic alliance between Kyndryl and NetApp to enhance data analytics.
  • Targeting specific industries for tailored cloud solutions, expected to improve operational efficiencies.
  • Increased collaboration focused on managing unstructured data, potentially leading to valuable insights and business transformation.
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Partners to Focus on Extracting Insights and Enabling Innovation from Unstructured Data

NEW YORK and SAN JOSE, Calif., May 19, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, and NetApp® (NASDAQ: NTAP), a global cloud-led, data-centric software company, today announced a global alliance to help customers transform their businesses by unlocking insights from data stored on premises, in the cloud and edge computing environments.

Under the alliance, Kyndryl and NetApp will collaborate to help customers across industries enhance and improve their ability to manage and extract business value from an avalanche of unstructured data including text-based documents, photos, audio and video files, IoT sensors and other sources.

Specifically, the partners will align Kyndryl's IT infrastructure and managed services expertise with NetApp's strong leadership with the top public clouds along with its edge-to-core-to-cloud scalability to create new solutions that enable companies to access, analyze and derive insights from data that sits across multiple platforms and multiple clouds.

"We're pleased to announce our strategic relationship with NetApp to help customers solve some of their most pressing data and IT challenges," said Elly Keinan, Group President, Kyndryl. "The combination of our respective expertise and technology leadership will enable companies in all industries to transition more and more of their critical applications to the cloud, while driving valuable insights from their unstructured data across IT modernization."

The companies will combine their respective expertise, based on over 15 years of collaborating to provide best-of-breed solutions, to develop innovative solutions that help customers more efficiently and effectively manage, analyze and optimize their data to inform and drive important business decisions.

"Increasingly the ability to manage and analyze large amounts of unstructured data in concert with traditional structured data is a key enabler of data-driven business transformation. NetApp's strategic partnership with Kyndryl enables joint delivery of critical data infrastructure services that will accelerate future innovation and business impact for customers and fast track cloud adoption," said George Kurian, CEO, NetApp. "This momentum and collective success within key industries made it clear it was time to elevate our relationship with Kyndryl and work together on solutions that address similar challenges in other data-centric market segments."

Kyndryl and NetApp also intend to co-design advanced storage infrastructure-as-a-service solutions to provide customers greater flexibility, versatility and value from the use of unstructured information and help companies derive business value from their data.

To help companies to better organize, manage and reap insights through enhanced data management, Kyndryl and NetApp will collaborate on new hybrid cloud solutions and services tailored and tuned to address industry-specific challenges, such as:

Automotive and manufacturing – fast-track processes and better understand customer preferences

Financial services – enhance customer satisfaction and deliver more targeted offerings

For more information about the Kyndryl and NetApp alliance, please visit: https://www.kyndryl.com/us/en/about-us/alliances

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.

About NetApp
NetApp is a global cloud-led, data-centric software company that empowers organizations to lead with data in the age of accelerated digital transformation. The company provides systems, software and cloud services that enable them to run their applications optimally from data center to cloud, whether they are developing in the cloud, moving to the cloud, or creating their own cloudlike experiences on-premises. With solutions that perform across diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services and applications to the right people—anytime, anywhere. Learn more at www.netapp.com or follow us on TwitterLinkedInFacebook, and Instagram.

NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc.

Media Contacts:
Kyndryl
press@kyndryl.com

NetApp
Kenya Hayes
kenya.hayes@netapp.com

 

Cision View original content:https://www.prnewswire.com/news-releases/kyndryl-and-netapp-announce-alliance-to-fast-track-cloud-transition-and-transformation-for-customers-301550896.html

SOURCE Kyndryl

FAQ

What is the new alliance between Kyndryl and NetApp about?

The alliance focuses on leveraging unstructured data to enhance cloud transformation and drive innovation for customers across various industries.

How will the Kyndryl and NetApp partnership benefit customers?

The partnership aims to improve data management and analytics, leading to more efficient operations and better customer satisfaction.

What industries are targeted by the Kyndryl and NetApp alliance?

The alliance specifically targets industries such as automotive and financial services for tailored hybrid cloud solutions.

What are the stock symbols for Kyndryl and NetApp?

Kyndryl's stock symbol is KD and NetApp's stock symbol is NTAP.

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