The IBM Spinoff of Kyndryl: Who, What, and Where does the Company Fit in the IT Services Landscape?

The market for IT services management is a fragmented one, with no global player commanding more than 10 percent market share. Competition for business is fierce and full of providers such as TCS, HCL, and Wipro, who have leveraged successful offshoring models to reduce the cost of their offerings. But it is a large and growing market.

In October 2020, newly appointed IBM CEO Arvind Krishna announced the spinoff of IBM’s Global Technology Services unit – the company’s managed infrastructure services business – into a separate and independent company. Kyndryl, as it was subsequently named, resulted in 90,000 employees and almost $20 billion in annual revenue leaving IBM and transitioning to the new entity. 

In our latest market insight report, The IBM Spinoff of Kyndryl: Who, What, and Where does the Company Fit in the IT Services Landscape?, we explored this new business entity and the overall IT services landscape in the hopes of providing insight on what is ahead. 

In this market insight report you’ll learn: 

  • Details about Kyndryl’s business model
  • An exploration into Kyndryl’s current team
  • A look at the organization financially
  • How this will impact IBM

Spinning off Kyndryl pivots IBM from a services-led company to an organization whose revenue largely comes from software and solutions. Each company is focused on helping clients on their digital transformation journeys, each in different ways, which is needed in the market today. If you’re interested in learning more about Kyndryl, download your copy of The IBM Spinoff of Kyndryl: Who, What, and Where does the Company Fit in the IT Services Landscape?, today.

Download Now

 

Author Information

Shelly Kramer is a Principal Analyst and Founding Partner at Futurum Research. A serial entrepreneur with a technology centric focus, she has worked alongside some of the world’s largest brands to embrace disruption and spur innovation, understand and address the realities of the connected customer, and help navigate the process of digital transformation. She brings 20 years' experience as a brand strategist to her work at Futurum, and has deep experience helping global companies with marketing challenges, GTM strategies, messaging development, and driving strategy and digital transformation for B2B brands across multiple verticals. Shelly's coverage areas include Collaboration/CX/SaaS, platforms, ESG, and Cybersecurity, as well as topics and trends related to the Future of Work, the transformation of the workplace and how people and technology are driving that transformation. A transplanted New Yorker, she has learned to love life in the Midwest, and has firsthand experience that some of the most innovative minds and most successful companies in the world also happen to live in “flyover country.”

SHARE:

Latest Insights:

Zoho Expands Deep-Tech Capabilities with New Campus, Robotics Acquisition, and Startup Studio in Kerala
Keith Kirkpatrick, Research Director at Futurum, shares insights on Zoho’s R&D expansion in Kerala, including its robotics acquisition, startup studio partnership, and rural innovation strategy to build deep-tech capabilities in India.
On episode 266 of The Six Five Pod, Patrick Moorhead and Daniel Newman dive into the latest tech news and trends. They discuss OpenAI's talent poaching by Meta, the impact of AI on job markets, and Tesla's robotaxi rollout in Austin. The hosts debate the merits of autonomous vehicles and their potential societal impact. They also analyze recent market movements, including Oracle's $30 billion cloud deal and HPE's acquisition of Juniper Networks. The episode provides insights into the evolving AI landscape, its economic implications, and the resurgence of legacy tech companies in the new era of artificial intelligence and cloud computing.
Deal Doubles HPE’s Networking Business While Positioning the Company for AI, Datacenter, and Cybersecurity Market Opportunities
Fernando Montenegro, Vice President and Practice Lead, Cybersecurity & Resilience at Futurum, analyzes HPE's acquisition of Juniper Networks, combining comprehensive networking portfolios across enterprise and service provider markets.
Andy Palmer, Director of Technology at AWS, joins us to reveal how strategic collaborations and custom silicon are defining the future of enterprise AI.

Book a Demo

Thank you, we received your request, a member of our team will be in contact with you.