""It is like building a brand-new bullet train that can go 200 miles per hour but still running on tracks that were built for 30 miles per hour.""
"95% of enterprises are adopting AI, or claim to anyway, but nearly two-thirds haven't yet implemented an AI governance framework."
"Kyndryl's answer is its new agentic service management offering, which gives enterprises a structured path to modernize infrastructure and run AI at the speed it was designed for."
"Hyperscaler-related revenue hit $500 million in Q3 FY2026, up 58% year-over-year, following $440 million in Q2 (up 65%) and $400 million in Q1 (up 86%)."
Kyndryl Holdings, post-IBM spinoff, faces challenges in scaling AI due to outdated infrastructure. CEO Martin Schroeter notes that while 95% of enterprises adopt AI, two-thirds lack governance frameworks. Kyndryl's new agentic service management offering aims to modernize infrastructure for effective AI deployment. The company reports significant growth in hyperscaler-related revenue, reaching $500 million in Q3 FY2026. Despite market volatility, mission-critical infrastructure work remains stable, reflecting a need for operational resiliency amid global uncertainties.
Read at 24/7 Wall St.
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