Cloudflare Announces Partnership with Kyndryl to Deliver Managed Network Transformation Services for Enterprises

San Francisco, CA, May 8, 2023 – Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced its partnership with Kyndryl Holdings, Inc. (NYSE: KD), the world’s largest IT infrastructure services provider, to help enterprises modernize and scale their corporate networks with managed WAN-as-a-Service and Cloudflare Zero Trust. The partnership couples Kyndryl’s expert managed end-to-end networking services with Cloudflare’s robust technology platform to enable enterprises to streamline connectivity to multiple clouds at scale.

The demands of modern applications, data, services, and connect-from-anywhere workloads are of top importance for businesses, including enterprises with legacy network infrastructure. Yet, organizations are increasingly faced with patchworks of data overload, on-premise technologies, public cloud services, and outdated networks, all of which contribute to operational loss and security risks.

Kyndryl’s expertise in network services and protecting business-critical infrastructure, coupled with Cloudflare’s global cloud platform, presents a partnership that enables enterprises to leverage a fully managed Internet security, performance, and reliability solution. The partnership allows enterprises to quickly scale network capacity based on business needs while reducing costs and presenting cost predictability.

“We have witnessed how enterprises are grappling with legacy hardware while introducing more and more cloud-based applications. As time goes on, this is only holding back business, limiting innovation potential, and increasing network security risk," said Matthew Prince, co-founder and CEO of Cloudflare. "That's why with Kyndryl we've made it seamless for enterprises to be guided through the entire transition of bringing their corporate networks to the cloud.”

"As Cloudflare continues to expand on its end-to-end cloud solution, we turn to our partners to help deliver this full set of services at an even greater scale to our customers. Given Kyndryl’s industry-leading consulting and managed network services, there was a clear opportunity to partner in order to guide enterprises through their network transformations," said Matt Harrell, Global Head of Channels and Alliances at Cloudflare. "By bringing together Kyndryl’s proven track record with enterprises in managing solutions, and Cloudflare's platform for delivering leading comprehensive cloud infrastructure, this combination creates what enterprises need to easily transform their network."

With the growing complexity of multi-cloud networking, Cloudflare and Kyndryl’s managed WAN-as-a-service allows organizations to convert all their resources to cloud-native solutions and retire expensive traditional hardware with confidence. Furthermore, the end-to-end network transformation services will deliver the industry’s most complete, Cloudflare Zero Trust security, and connectivity with remote access to enable organizations with centralized management, control, and visibility to their network infrastructure.

“Through Kyndryl’s collaboration with Cloudflare, we are excited to help guide more customers through their network modernization journeys,” Josh Helm, VP of Global Network & Edge Offering Enablement at Kyndryl. “As organizations grapple with increasing network workload demands, the joint WAN-as-a-Service offering will enable enterprises to build a robust cloud network and focus on being agile and innovative. The expansive IT advisory services Kyndryl provides, combining cloud networking with network security, simply helps organizations to overcome technological barriers for a seamless digital transformation.”

Cloudflare and Kyndryl are focused on helping customers:

• Streamline multi-cloud and direct to Internet strategy and transition networks in confidence: Enterprises have moved data to the cloud and use SaaS applications, but are leveraging hardware as their network. Cloudflare and Kyndryl have teamed up to deliver network services to the enterprise market. Cloudflare is the technology platform and Kyndryl is the services provider that will shepherd customers through this journey.

• Reduce spend on private network links and appliances while saving IT teams from manual work: Provide enterprises with leading networking and edge security capabilities needed for flexible work environments, including reducing tech debt and legacy architecture. Kyndryl will advise and assist enterprises in managing their IT infrastructure as they evolve their networks and transfer workloads into Cloudflare’s platform.

• Accelerate digital maturity and network modernization: Flexible cloud networking expertise with managed WAN-as-a-Service enables networks to respond to evolving IT needs, equipped for today’s needs and automatically for what’s ahead.

• Extend network security to offices and data centers by replacing traditional WAN: Complete enterprise cybersecurity tackles risks and attacks from every location and vector.

To learn more about Cloudflare’s integration with Kyndryl, check out the resources below:

• Kyndryl Blog Post: 5 Reasons Businesses Must Modernize IT Networks
• About Kyndryl
• About the Cloudflare Channel Partner Program

About Cloudflare Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare’s suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was awarded by Reuters Events for Global Responsible Business in 2020, named to Fast Company's Most Innovative Companies in 2021, and ranked among Newsweek's Top 100 Most Loved Workplaces in 2022.

Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Cloudflare’s products and technology, the benefits to Cloudflare’s customers from using Cloudflare’s products and technology, Cloudflare’s partnership with Kyndryl and the potential resulting benefits to Cloudflare customers, the potential opportunity for Cloudflare to attract additional customers and to expand sales to existing customers through Cloudflare’s partnership with Kyndryl, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on April 27, 2023, as well as other filings that Cloudflare may make from time to time with the SEC.

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