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Nearly half of firms lag in tech modernization despite AI-driven urgency, says global survey.

Market News
01 Oct 2026
PRNewsWire
View Source
Bullish
Nearly half of firms lag in tech modernization despite AI-driven urgency, says global survey.

A global survey of 2,000 business and tech leaders reveals nearly half of organizations are behind schedule on IT modernization, despite AI-driven demand making it a top priority. The report highlights that AI adoption now surpasses cost-cutting and legacy system replacement as a key driver, with agentic AI helping some firms accelerate progress. Modernization is increasingly a business-wide effort involving multiple stakeholders, complicated by growing technology complexity and geopolitical factors. Organizations must coordinate across diverse platforms and governance demands to keep pace with AI's evolving role in enterprise technology.

Kyndryl Holdings Inc (KD) shares are trading at USD 11.27 on Pluang as of Oct 01, 2026 11:11 WIB, showing a slight decline of 0.18% in one day. The stock's market capitalization stands at $2.46 billion, reflecting its position in the technology sector amid growing AI-driven modernization trends. Investors typically hold KD for about 36 days on Pluang, indicating moderate trading activity around this evolving tech landscape.

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