Kyndryl Announces €100 Million Investment in France for AI, Data, and Cyber Resilience
As part of France's "Choose France" initiative, Kyndryl, a global leader in enterprise technology services, has committed to investing up to €100 million over the next three years.
This investment aims to bolster France's capabilities in data, artificial intelligence (AI), and cyber resilience, reinforcing the country's position as a leading hub for innovation and technology.
The investment plan focuses on developing critical infrastructure and supporting digital transformations for French businesses to remain competitive on the global stage.
Supporting France’s Digital Transition
Kyndryl's investment is designed to support the French economic fabric, helping local businesses tackle future challenges and maintain their edge in the international market.
As part of this initiative, Kyndryl France President Jérôme Calmelet emphasized the company's commitment to helping French companies navigate their digital transitions and fostering economic growth and innovation.
The investment will cover critical areas required for future competitiveness, such as the acquisition of skills in demand for AI, data management, and cyber resilience.
Kyndryl will employ as many as 300 data, AI, and cyber resilience professionals to assist clients in mitigating business risks and tapping into new opportunities.
It will also introduce an AI private cloud service to French businesses, providing safe, end-to-end AI solution development and deployment. Kyndryl will also set up a digital hub on AI and cybersecurity in Sophia-Antipolis, a world-class innovation cluster.
The center will offer international expertise, cooperate with domestic institutions, and provide career development opportunities for students in AI and cyber security, with an emphasis on cooperation with graduate schools and research institutions.
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Addressing Talent Gaps and Future Challenges
A study conducted by Kyndryl identified that 28% of French business executives perceive their employees to be completely ready to use AI, while 50% indicate not having the skilled talent to deal with the technology.
This underscores the urgent need for skills development to enable the French industries to quickly adopt AI. Kyndryl's investment is expected to close the talent gap by ensuring that infrastructure and skills are available to enable the French economy to succeed in the digital age.
