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Kyndryl expands collaboration with Dow to accelerate application modernization with AI and automation

1. Kyndryl expands collaboration with Dow for technology modernization. 2. AI and automation will drive Dow's operational efficiency. 3. Previous collaboration resulted in measurable cost savings for Dow. 4. Dow aims for enhanced productivity via modern IT solutions. 5. Kyndryl provides comprehensive IT infrastructure management services.

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Why Bullish?

The expanded collaboration indicates a positive commitment to innovation and efficiency within Dow. Historically, companies leveraging technology to modernize have seen significant gains in operational performance and investor confidence.

How important is it?

The collaboration paves the way for operational enhancements and potential cost savings, making it materially relevant to Dow's financial health and market performance.

Why Short Term?

The immediate focus on modernization and efficiency increases Dow's market competitiveness. Positive results from this partnership may affect investor sentiment in the near term, as seen during similar tech collaborations in the past.

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, /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced the expansion of its nearly two-decade collaboration with Dow (NYSE: DOW), a global leader in materials science. Through this expanded engagement, Kyndryl will collaborate with Dow to modernize infrastructure applications leveraging AI and automation to boost operational agility and accelerate innovation across Dow's technology stack. "Dow's IT mission is to empower our teams with modern, intelligent solutions that drive productivity and innovation across our global operations," said Chris Koniecny, Enterprise Applications & Technology IT Director at Dow. "By partnering with Kyndryl to modernize our application landscape and infuse AI and automation, we are taking a bold step forward in our digital transformation journey. This collaboration has also delivered measurable cost savings for Dow. Kyndryl's expertise in providing end-to-end modernization and applications services across the enterprise and commitment make them the ideal choice for this next phase." "We are proud to expand our collaboration with Dow," said Gretchen Tinnerman, Managing Partner at Kyndryl. "By applying our advanced capabilities in application management, AI and automation, we are helping Dow drive enterprise-wide innovation, enhance efficiency and support its applications in becoming modern, resilient and future-ready." Over the two decades, the collaboration has enabled Dow to modernize and enhance operational efficiency across its global operations. Kyndryl also manages and provides Kyndryl Consult services to Dow's IT infrastructure including cloud, network, digital workplace, and security and resiliency services. About Kyndryl Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com. Kyndryl press contact  [email protected] SOURCE Kyndryl

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