Kyndryl Holdings, Inc. KD

Company Overview

Kyndryl Holdings, Inc. is a global provider of mission-critical information technology infrastructure services, operating primarily in the IT services and enterprise technology sectors. The company focuses on designing, building, managing, and modernizing complex IT environments for large enterprises, with a core emphasis on hybrid cloud infrastructure, mainframe and distributed systems, network services, and digital workplace solutions. Its primary revenue is derived from long-term managed services contracts with enterprise and public-sector clients across regulated and data-intensive industries.

Kyndryl was formed in 2021 through the spin-off of IBM’s Global Technology Services business, becoming an independent publicly traded company listed on the New York Stock Exchange under the ticker KD. The separation was intended to allow Kyndryl to operate as a vendor-agnostic infrastructure services provider, while IBM refocused on hybrid cloud software and consulting. Since its formation, Kyndryl has positioned itself as one of the world’s largest IT infrastructure services companies by revenue and employee count.