Kyndryl Holdings Inc.

10/21/2024 | Press release | Distributed by Public on 10/21/2024 01:06

Michelin and Kyndryl agree to 5 year renewal extending a 20 year relationship

COURBEVOIE, France, October 21, 2024 - Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced the renewal of its contract with Michelin (EPA: ML), the world's leading tire manufacturer, for five years. This decision reflects Michelin's recognition of Kyndryl's quality of service and expertise in IT services. 

For 20 years, Kyndryl has partnered with Michelin on its digital journey and its datacenters, enabling it to meet the challenges of a constantly evolving market. 

Kyndryl will help Michelin accelerate its technology transformation by migrating its systems to a modern hybrid cloud environment and improving the efficiency of its IT operations through automation and new ways of working (shared squad team by product) that add value to customers.

"This new agreement marks a turning point in our historic relationship with Kyndryl, as it comes in a context of profound transformations that are necessary to support Michelin's global strategy," said Pauline Flament, CTO of the Michelin Group. "While continuing to guarantee service quality at the required level, we are transforming our infrastructure in order to offer a better quality of experience to our users in a hybrid technical and operational environment, while guaranteeing an optimal level for our costs and the security of our data, with a better environmental footprint."

"We are delighted to continue to be Michelin's partner of choice, supporting their IT transformation while continuing to innovate together," said Jerome Calmelet, President of Kyndryl France. "This renewal is a testament to the strength of our long-standing relationship, the work we've accomplished together and the trust they have in us to continue to co-create on their mission-critical IT projects. I am confident that this will lead to more innovative projects with Michelin to create better experiences for their customers, partners and employees." 

About Kyndryl 
Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com. 

Kyndryl press contact
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