Another New Beginning

And thus another major change for the company was announced. IBM would spin off its independent managed infrastructure services provider (MSP) business into a new public company, creating two independent companies - IBM and the newly-named "Kyndryl." With the spinoff of Kyndryl by the end of 2021, IBM Global Services will focus on technology development for hybrid cloud computing and digital transformation. The company will retains its $8 billion Global Technology Services cloud services consulting business; the $17 billion Global Business Services unit; the IBM systems business; and software products around big data, artificial intelligence and security. Kyndryl will have a managed IT services portfolio of six global practices that span Cloud; Applications, Data & AI; Security & Resiliency; Core Enterprise & Cloud; Network & Edge; and Digital Workplace, as well as an advisory and implementation services practice.

Of course, effective consulting requires access to fresh research and analysis. IBM Services will maintain sources for both through the IBM Institute for Business Value. The institute provides strategic insights and recommendations to help clients capitalize on new opportunities.  It is comprised of consultants around the world who conduct research and analysis in 20 industries and across five functional disciplines, including human capital management, financial management, corporate strategy, supply chain management and customer relationship management.