Kyndryl Holdings Inc. announced that it has signed a five-year agreement with Folksam Group, one of Sweden’s largest mutual insurance companies. Under the contract, Kyndryl will modernize and manage Folksam Group’s mainframe IT infrastructure. The company will migrate Folksam Group’s mainframe and legacy environments to Kyndryl’s zCloud in its Denmark data center, which is powered by renewable electricity and certified under the EU Code of Conduct for Data Center Energy Efficiency. The agreement aims to support Folksam Group’s business performance and digital transformation initiatives.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kyndryl Holdings Inc. published the original content used to generate this news brief on January 21, 2026, and is solely responsible for the information contained therein.
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