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Seoul, October 28 2022– Kyndryl (NYSE), the world’s largest IT infrastructure services provider, today announced that it has completed a seamless cloud-to-cloud migration with MH & Co, a leadinag home décor & lifestyle company, by moving their applications and data from their existing foreign cloud provider to Naver Cloud. As part of that agreement, Kyndryl will manage MH & Co’s hybrid cloud infrastructure for five years.

MH&Co, a leader in the domestic home décor and lifestyle market through its flagship brands "Modern House" and "Butter," tapped Kyndryl's expertise to migrate all applications and data to the Naver Cloud platform and subsequently manage its stable hybrid infrastructures.

Enterprises have dramatically increased their migration to cloud in the last two years, drawn by the power to improve operational efficiencies and unlock business growth by giving greater access to new digital services. Kyndryl is advancing this shift by providing IT services tailored to customers' needs such as moving data from the data center to the cloud platform, connecting data simultaneously across multiple cloud platforms, and migrating data from one cloud to another. In addition, Kyndryl helps customer navigate practical challenges of migrating data to the cloud, ensuring data security and finding cost-effective ways to use the cloud.

Within three months, Kyndryl prepared and migrated MH & Co‘s IT assets, which include Point-of-sales system (POS), Supply chain management (SCM), Human resources (HR), and financial systems from 140 stores nationwide without any service disruptions. As a result, MH&Co has been able to save its operating costs.

MH&Co decided to migrate to Naver Cloud because it offers stable and secure hybrid solutions optimized for its IT environment. The hybrid cloud hosting features flexible access to a combined data center environment and Naver Cloud platform resources.

“We worked with the top technology service provider to switch cloud platforms without data loss and service interruption,” said Yoo Byung-hyuk, the head of the IT department of MH & Co. “Because of Kyndryl's customized hybrid cloud and infrastructure management service, we have greatly reduced the risk and burden of cloud migration, and costs through digital transformation and enabled stable infrastructure operations."

"I am glad that we could provide efficient and optimized custom IT services for MH&Co,” said Kim Sung-dae, Enterprise & Commerce Service Sales Leader of Kyndryl Korea. “Based on Kyndryl team’s long standing know-how and expertise, we are looking forward to collaborating with domestic companies and becoming their partners for their digital innovation.”

About Kyndryl  

Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider serving thousands of enterprise customers in more than 60 countries. The Company designs, builds, manages, and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.

About Naver Cloud   

Naver Cloud provides IT platform services such as IT infrastructure consulting, data center, network, storage, and security, as well as in-house information services.

About MH&Co.  

In August 2017, as a new corporation separated from E-Land Retail, MH&Co is a medium-sized household goods company with a total of 280 employees, annual sales of 400 billion won, and 170 directly managed SPA stores.