Last November, IBM(NYSE: IBM) completed its spin-off of Kyndryl(NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one new ...

As Kyndryl prepares for life as a public company independent of IBM, the managed infrastructure unit has disclosed an array of new details about its business and operations in a regulatory filing.

After spinning off the legacy managed infrastructure services business, IBM's software and consulting business accounted for 75% of group revenue, and more than half of its group revenue is recurring ...

While Kyndryl’s overall revenue is on a decline, Kyndryl Consult is growing in double digits, acting as the only green shoot for the IBM spin-off. IBM spin-off Kyndryl is betting on its consulting arm ...