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5 Things To Know About Kyndryl, IBM’s New Services Business

From who will lead Kyndryl to what types of engagement the company will focus on to how the solution provider community will be impacted by its split from IBM, here are five things we know about the company so far.

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A New Channel Giant Takes Shape

IBM on Monday revealed that its $19 billion managed infrastructure services business will be called Kyndryl once it’s spun out from Big Blue later this year. Kyndryl will be based in New York City, and has adopted a logo with the company’s name written in red and entirely in lowercase.

Though Kyndryl just received its name this week, the separation has been in the works for at least six months, with IBM first revealing a plan to carve out its infrastructure services business in October 2020 and then announcing top executives for the yet-to-be-named entity in January and March 2021.

As the months have progressed, a clearer picture has emerged about who will lead Kyndryl, what types of engagement the company will focus on, where its customers are located, when the spinoff is slated to close, why IBM felt the move was beneficial, and how the solution provider community will be impacted by the split. Here are five key things to know about Kyndryl months before its official launch.

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