The Very Group extends Kyndryl tie up as online retailer focuses on retail technology transformation

The Very Group has been working with Kyndryl to migrate applications to the public cloud. And the online retailer is now extending the agreement and moving over more applications.

Kyndryl will combine The Very Group’s core service management toolset with cloud native tooling and the implementation of Kyndryl Bridge and AIOps, enabling greater links between global teams.

It says that this process will “build an optimised, integrated service that is simple, flexible, automated, and delivered with velocity with improved service observability”.

John Chambers, Kyndryl’s UK and Ireland President, comments: “We are delighted to partner with The Very Group to help them transform their IT estate with speed and flexibility. Kyndryl and The Very Group teams are united by a consistent, agile, and transparent operating model, delivering on the ‘value for you; value for us’ principle.”

Our FY22 results are in! They show a robust performance in a challenging market. Group revenue was £2.15bn,+5% on our pre-pandemic performance and -7% vs last year. EBITDA margin grew to 13.6% due to strong cost control & the contribution of Very Finance: https://t.co/OcUQ4wgFEy pic.twitter.com/mvAr25Ckma

— The Very Group (@TheVeryGroup) October 25, 2022

Matt Grest, CIO at The Very Group, comments: “We’re amid a tech transformation that will allow us to offer our customers an outstanding digital experience, improve the ways our teams work together, and deliver efficiencies for our business.”

“Kyndryl have proven to be an innovative, supportive, and committed partner, and we are pleased to extend our agreement with them to migrate more of our applications to the cloud, as well as benefitting from their support capabilities.”