Kyndryl Chosen by Virginia DMV for Major Cloud IT Overhaul

The Virginia Department of Motor Vehicles (DMV) and Kyndryl Holdings, Inc. (NYSE:KD) announced on May 28 that they will be collaborating to update their IT systems, with the goal of enhancing customer service for processing over 200,000 transactions a day.

Kyndryl Chosen by Virginia DMV for Major Cloud IT Overhaul

Through this collaboration, a cloud-native architecture called MAX will replace the Virginia DMV’s Citizen Services Solution (CSS). Crucial apps will be updated and moved from an antiquated mainframe to a flexible cloud architecture housed on Microsoft Azure as part of this transition.

Speaking on this partnership, Virginia Secretary of Transportation W. Sheppard Miller III stated the following:

“With Governor Glenn Youngkin’s commitment to a best-in-class DMV, we now have a winning plan and a winning partner in Kyndryl, and the citizens of Virginia will be the real winners.”

Kyndryl U.S. President James Rutledge also emphasized that the renovation is in accordance with Virginia’s mission to provide efficient, technologically advanced, cost-effective, and results-driven services.

With operations in more than 60 countries, Kyndryl Holdings, Inc. (NYSE:KD) is known for its consultation, implementation, and managed service skills. Its areas of expertise include the design, construction, management, and modernization of sophisticated information systems.

While we acknowledge the potential of KD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KD and that has 100x upside potential, check out our report about the cheapest AI stock.

Read Next: 11 Best Performing Cybersecurity Stocks So Far in 2025 and 11 Best Predictive Analytics Stocks to Buy According to Analysts.

Disclosure: None.