Respondents also report up to 225% return on
investment on their mainframe transformation initiatives in one
year
Mainframes continue to play a critical role in
hybrid IT environments
NEW
YORK, Sept. 10, 2024 /PRNewswire/ --
Kyndryl (NYSE: KD), the world's largest IT infrastructure
services provider, today released the results of its second
annual State of Mainframe Modernization Survey, declaring that 2024
is the year of AI adoption on the mainframe. The survey also
reaffirmed that while modernization projects are delivering
significant financial benefits, many organizations continue to face
skills shortages, preventing the transformation of complex,
mission-critical systems.
As business leaders face economic, competitive, technological
and regulatory challenges, they are increasingly seeking to
transform and derive new value from their IT estate, including the
mainframe. Kyndryl's survey among 500 business and IT leaders
reveals that 86% of respondents are quickly adopting AI and
generative AI to accelerate their mainframe modernization
initiatives. A third of respondents indicated that the platform has
become a foundation for running AI-enabled workloads. Additionally,
almost half aim to use generative AI to unlock and transform
critical mainframe data into actionable insights.
"Mainframes continue to occupy a central role in the hybrid
world and are evolving to serve new use cases, with AI and security
increasingly influencing modernization plans. Kyndryl is at the
forefront of this trend, providing mission-critical expertise to
help customers achieve their goals," said Petra Goude, Global Practice Leader for Core
Enterprise & zCloud at Kyndryl. "By working with
partners on their mainframe modernization and AI journey,
businesses can unlock new opportunities, enhance resiliency,
mitigate skills challenges and drive better outcomes. This way,
mainframes can continue to thrive and provide strong business value
in hybrid environments."
According to the survey respondents, IT modernization projects
and patterns are yielding substantial business results, including
triple-digit one-year return on investment (ROI) of 114% to 225%
and collective savings of $11.9
billion annually. Almost all organizations have opted for a
hybrid IT strategy — a combination of modernizing on the mainframe,
integrating with public/private cloud, and moving applications and
data off the platform. Furthermore, 96% of respondents are
migrating some workloads — on average 36% — to the cloud.
New this year, respondents identified enterprise-wide
observability as critical to effectively leveraging all data across
their hybrid IT environment. In fact, 92% of respondents indicated
that a single dashboard is important for monitoring their
operations, but 85% stated they find it difficult to do this
properly. Kyndryl Bridge provides an AI-powered open
integration platform that can solve this challenge, helping
organizations gain enhanced observability, orchestration and
efficiency into their entire technology environments.
The survey also confirmed that many respondents are still
grappling with a skills shortage, especially in new areas such as
generative AI that can facilitate mainframe transformation and
help alleviate the skills gap. In addition, security skills are in
high demand due to increasing regulatory compliance requirements,
with almost all respondents flagging security as the key factor
driving modernization decisions. With this increased pressure, the
survey revealed that 77% of organizations are using external
providers to deliver mainframe modernization projects.
This second annual global survey of senior business and IT
leaders provides insights into the current and future role of the
mainframe in hybrid IT, and how it continues to transform. To learn
more about how respondents view mainframe transformation and
application modernization, as well as the challenges, risks, and
benefits related to their initiatives, read Kyndryl's 2024 State of
Mainframe Modernization Survey Report.
About Kyndryl
Kyndryl (NYSE: KD) is the world's
largest IT infrastructure services provider, serving thousands of
enterprise customers in more than 60 countries. The company
designs, builds, manages and modernizes the complex,
mission-critical information systems that the world depends on
every day. For more
information, please visit www.kyndryl.com.
Kyndryl Press Contact
press@kyndryl.com
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SOURCE Kyndryl