Kyndryl to Invest €100 Million in AI and Cybersecurity in France

Kyndryl's Significant Investment in France's Digital Future

Kyndryl, a top provider of mission-critical enterprise technology services, has unveiled plans to invest up to €100 million in France as part of the "Choose France" initiative. This notable investment will occur over three years and aims to bolster the country’s capabilities in data management, artificial intelligence (AI), and cyber resilience. With this strategic move, Kyndryl is not just enhancing its footprint in France but is also committed to supporting the local economy and workforce.

Marie-Cécile Tardieu, Chief Operating Officer of Business France, expressed her enthusiasm about Kyndryl's decision, noting how it highlights France's strength in nurturing ambitious technology projects. She emphasized that this investment not only underlines the robust ecosystem present in France but also reinforces the country’s position as a leading innovation hub benefitting from world-class talent and a stable environment.

Jérôme Calmelet, President of Kyndryl France, added, "Our investments and initiatives are designed to prepare the French economy for future challenges. Our commitment lies in assisting French enterprises in their digital transformations, further contributing to the nation's economic growth and innovation."

Key Investment Focus Areas

Kyndryl’s investment strategy comprises several key initiatives:

1. Hiring Skilled Professionals: One major facet of this plan is the recruitment of up to 300 experts specializing in data analytics, AI, and cybersecurity. These professionals will play a pivotal role in aiding both existing and new customers across France, enhancing their readiness to tackle future business risks and opportunities.

2. AI Private Cloud Services: Kyndryl is set to launch an AI private cloud tailored for French businesses aiming to accelerate the development and deployment of AI solutions within secure environments. The company’s range of AI private cloud services aims to provide a comprehensive, seamless experience for organizations looking to innovate with enterprise-grade AI solutions, from initial design through to full operational management.

3. Digital Hub Initiation: In a move to foster collaboration and innovation, Kyndryl will establish a new digital hub in Sophia-Antipolis, focusing on AI cybersecurity. This hub will not only facilitate partnerships with organizations across France but will also open its doors to students, providing them with career opportunities in AI and cybersecurity through partnerships with educational institutions and research centers.

Responding to Skill Gaps in the French Workforce

Recent studies by Kyndryl highlighted concerning statistics regarding workforce preparedness in France; specifically, only 28% of French business leaders reported that their teams are fully ready to leverage AI technologies. Additionally, about 50% voiced concerns regarding a shortage of skilled professionals capable of managing such advanced technologies. Kyndryl’s new investment demonstrates a firm commitment to developing essential skills, nurturing talent, and advancing the IT infrastructure necessary to push France's technology agenda forward.

About Kyndryl

Kyndryl (NYSE: KD) stands as a preeminent provider of enterprise technology services, overseeing advisory, implementation, and managed service capabilities across more than 60 countries. As the world’s largest IT infrastructure services provider, Kyndryl is committed to designing, building, managing, and modernizing the complex systems that support everyday functionality around the globe. To explore more about Kyndryl and its services, visit www.kyndryl.com.