Kyndryl Holdings Inc. (KD) witnessed a surge of 5.03% in its stock price during the pre-market trading session on Wednesday. This significant upward movement came after the company announced the launch of its end-to-end Secure Access Service Edge (SASE) services, combined with Palo Alto Networks' AI-powered Prisma SASE solution.
Kyndryl's new SASE services aim to help customers enhance their network security by adopting a cloud-first, zero-trust approach. The company has partnered with Palo Alto Networks to integrate Prisma SASE, which unifies network and security into a single cloud-delivered service, providing granular control over user authentication and secure access to business applications.
With the increasing demand for technology modernization and the need to secure hybrid work environments, Kyndryl's SASE services are expected to address the complex and distributed IT infrastructure challenges faced by enterprises. By offering end-to-end management, design, implementation, and integration with its AI-powered Kyndryl Bridge platform, the company aims to support customers in their digital transformation journey.
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