KT Partners with IT Infrastructure Giant Kyndryl for AX Collaboration: Joint Participation in AI, Cloud, and Security
Joint Training to Strengthen AX Capabilities of Employees
KT announced on October 28 that it has signed a business agreement with Kyndryl, the world's largest IT infrastructure services company, in San Francisco, USA, to collaborate on artificial intelligence transformation (AX) projects.
The two companies plan to jointly participate in the domestic AI, cloud, and security sectors by combining their expertise in telecommunications and global business execution capabilities, targeting business-to-business (B2B) customers. Kyndryl is the world's largest IT infrastructure service provider, spun off from IBM's infrastructure services division in 2021.
The main points of the agreement include: ▲ entering regulated industry AX markets and collaborating on security architecture research; ▲ strengthening AX capabilities of KT employees and promoting the modernization of KT's IT systems.
KT and Kyndryl also plan to jointly participate, as needed, in upcoming AX projects in regulated industries such as domestic finance and the public sector. According to the government's "4th Basic Plan for Cloud Computing (2025-2027)," the cumulative contract value for public sector cloud services is expected to double from 500 billion won in September last year to 1 trillion won by 2027.
The Financial Services Commission announced the "Roadmap for Improving Network Separation in the Financial Sector" last year, and demand for utilizing the latest AX services in regulated industries is increasing.
Joint training to strengthen KT employees' AX capabilities will also be implemented. Based on Kyndryl's global AX project experience, the two companies plan to discuss ways to smoothly modernize KT's IT infrastructure and services, including enterprise resource planning (ERP) systems.
Petra Goude, President of Strategic Markets at Kyndryl, emphasized, "Through this cooperation, KT will be able to support its customers with greater agility in the AI era."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "Jeong Yu-kyung Is a Neighbor"...Itaewon Standalone House with Record 23.2 Billion Won Appraisal Up for Auction [Real Estate AtoZ]
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
Jung Woojin, Head of Strategy and Business Consulting at KT, said, "Through our collaboration with Kyndryl, we will be able to strengthen our AI, cloud, and security capabilities as well as our global execution power. Together with Kyndryl, we will provide reliable AX services to key industry customers in the public and financial sectors."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.