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Kyndryl expands IT services deal with automaker Stellantis By Investing.com


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NEW YORK – Kyndryl (NYSE:KD), the world’s largest provider of IT infrastructure services, announced an expanded multi-year agreement with Stellantis (NYSE:) to manage and operate select business operations. Services provided under this agreement include networking, data center support and local IT service support throughout Europe, North and South America.

This announcement builds on a previous contract unveiled in February 2023 in which Kyndryl was tasked with modernizing Stellantis’ IT infrastructure. This partnership expansion aims to enable the automaker to focus more on areas such as digital, cybersecurity, new business models and customer-centric solutions.

Gilles Feuntun, Vice President of Global Technology and Operations at Stellantis, expressed enthusiasm for the collaboration, saying the company is working to set new standards for the automotive industry by reimagining mobility. He emphasized the importance of working with technology leaders like Kyndryl to deliver innovative and sustainable products and solutions that meet the needs of customers and the environment.

Angelo Cirocco, Managing Partner at Kyndryl, also commented on the expanded relationship, noting the shared vision of digital transformation and innovation between the two companies. He highlighted Kyndryl’s commitment to leveraging its global scale, industry knowledge and technical expertise to support Stellantis in achieving its strategic goals.

The partnership between Kyndryl and Stellantis will continue to focus on co-developing and innovating solutions aimed at improving customer experience, operational efficiency and sustainability within the automotive sector.

Kyndryl operates in more than 60 countries and is known for designing, building, managing and modernizing critical information systems for enterprise customers. This expanded agreement with Stellantis highlights Kyndryl’s role in supporting key industry players on their digital transformation journey. The content of this article was written based on the press release.

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