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Kyndryl Executives Predict ‘Positive Revenue Growth’ In Four Years
by Wade Tyler Millward
‘We have a revenue growth problem, and we have a profitability problem,’ Kyndryl CEO Martin Schroeter told attendees during a virtual event Tuesday. ‘We think we can work on both of those simultaneously.’
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US Army Delays Microsoft Headset Deployment As Part Of $21.9B Deal
by Wade Tyler Millward
“The Army is fully committed to its partnership with Microsoft to advance specific technologies to meet operational requirements and maximize warfighter impact,” according to the statement.
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IBM’s Kyndryl Spin-Off Cleared For November After Board OK
by Wade Tyler Millward
Distribution of Kyndryl shares to IBM stockholders will happen after the market closes Nov. 3.
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Report: Windows 11 Requirements Too High For Most Workstations
by Wade Tyler Millward
‘Without complete visibility across the IT estate, organizations could potentially waste hours and significant budget manually inspecting machines -- not to mention the risk of missing outdated machines they don‘t know about,’ according to the report.
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The Channel Angle: Time To Prioritize Diversity In The MSP Space
by CRN Contributor
‘MSPs of all sizes hire fast to ensure that a talented candidate isn’t taken by another company, or at worse, a competitor. We think that the Friday afternoon beer parties, ping pong tables or the once-a-year whitewater rafting trip builds culture and keeps employees around and engaged. That can’t be further from the truth,’ writes Tuan Pham of Tech Networks of Boston.
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Solution Provider Cumberland Group Gets Management Buyout
by Joseph F. Kovar
‘We’re not interested in making major changes to our strategy. For the last two to three years, the core management team in the management buyout has been handling the business. The management buyout lets us focus on what we do really well, and lets the co-founders exit with a number that works for them,’ says Aaron Meyers, Cumberland Group’s managing director of strategy and services.
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DattoCon Goes Virtual As Kaseya Connect IT Global Shifts To Hybrid
by Joseph F. Kovar
‘We arrived at this decision by realizing that many variables that drive the magic of DattoCon are now out of our control and changing weekly. In addition, with so many global travel restrictions in place, we would be leaving out a meaningful portion of the MSP community,’ writes Datto CEO Tim Weller in a memo to MSPs.
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MSP Power Play: Electric Acquires Texas-Based Techvera
by Joseph F. Kovar
‘[Techvera Founder and CEO Reese Ormand] is very active in the MSP community. “He is a member of peer groups and does a lot of speaking. These are all big benefits for us. His team includes top-notch sales and engineering people. Customers have a lot of nice things to say about Techvera. So we’re not just getting Reese. We’re getting his team and a roster of good customers,’ says Electric Founder and CEO Ryan Denehy.
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Cognizant Looks To Settle Indian Bribery Case For $95M
by Joseph F. Kovar
Cognizant Technology Solutions and the plaintiffs in the case, stemming from an alleged $2 million bribe two of the company’s top executives authorized a contractor to pay to senior Indian government officials, are now looking to the District Court handling the case to sign off on their $95 million settlement.
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Kyndryl Taps Former IBM Executive Harsh Chugh For COO Role
by Wade Tyler Millward
Kyndryl’s COO announcement comes shortly after many IBM employees updated their social media accounts on Sept. 1 to say they are now Kyndryl employees. Some employees have also been using Kyndryl.com email addresses.
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CDI Bets Big On Salesforce, ServiceNow With Candoris Buy
by Joseph F. Kovar
‘I don’t know another solution provider that is both ServiceNow- and Salesforce-certified. And I don’t know if there are any. It’s pretty powerful to have a Salesforce and elite ServiceNow partner layered on two data center services business,’ says CDI President and CEO Rich Falcone.
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How One MSP Negotiated ‘In The Early Days Of Ransomware’
by C.J. Fairfield
“After some investigation and seeing what we could do, or decrypt, or get into or, or not… we just told them, ‘At this point, if this is your only copy of all of that stuff, you’ll have no other access to this data unless you pay the ransom,’” the executive at a New Mexico-based MSP tells CRN.
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DXC Shareholders Reject Executive Compensation
by Joseph F. Kovar
A majority of shareholders’ share were cast against approving the executive compensation for DXC’s named executive team, which is not surprising given the company’s revenue and earnings have fallen steadily since fiscal 2018.
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MSP CEO On Tropical Storm Henri: ‘We’re Prepared For Anything’
by Joseph F. Kovar
‘It’s important that customers have plans about where to go in case of a disaster. With COVID-19, people are now working from their home. The technology has progressed since Hurricane Sandy. COVID forced businesses to migrate to more resilient environments. Because of this, technology is less data center-focused and more in the cloud,’ says David Andrade, CEO of New York-based MSP ECI.
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