As technologies evolve, businesses are looking for ways to modernize their mainframes to make the most of their impressive capabilities. But how are organizations approaching this transformation? What benefits do they wish to gain, and what challenges and risks do they face?

To answer these questions, Kyndryl commissioned Coleman Parkes Research to survey 500 enterprises that rely on mainframes. The survey results showed:

• 99% of businesses are taking a hybrid approach to mainframe modernization
• Businesses are moving 37% of their application portfolio off mainframe.
• Enterprises reported a 9-11% increase in profits after mainframe modernization.