Kyndryl (KD) Expands Dow Partnership to Modernize Infrastructure with AI and Automation for Enhanced Agility

Kyndryl Holdings Inc. (NYSE:KD) is one of the cheap US stocks to buy according to analysts. On November 18, Kyndryl announced the expansion of its collaboration with Dow (NYSE:DOW), which is a global leader in materials science. The expanded agreement focuses on modernizing Dow’s infrastructure applications by using AI and automation to enhance operational agility and accelerate innovation across Dow’s technology stack.

The collaboration builds on a relationship that has spanned ~2 decades, during which Kyndryl has enabled Dow to modernize and enhance operational efficiency across its global operations. Kyndryl also manages and provides Kyndryl Consult services for Dow’s IT infrastructure, including cloud, network, digital workplace, and security and resiliency services.

Kyndryl (KD) Expands Dow Partnership to Modernize Infrastructure with AI and Automation for Enhanced Agility

The new phase, however, specifically focuses on application modernization. Enterprise Applications & Technology IT Director at Dow, Chris Koniecny, noted that partnering with Kyndryl modernizes Dow’s application landscape and infuses AI and automation, which is a step forward in Dow’s digital transformation journey.

Kyndryl Holdings Inc. (NYSE:KD) operates as a technology services company and IT infrastructure services provider in the US, Japan, and internationally.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.