CHENNAI, India, Oct. 1, 2026 /PRNewswire/ — J.K. Fenner (India) Limited, a leading manufacturer of automotive and industrial engineering solutions, today announced a strategic relationship with Yamada Manufacturing Co., Ltd., Japan, to strengthen the development and manufacturing of advanced automotive components for domestic and global markets.

Established in 1946, Yamada Manufacturing Co., Ltd., Japan, is a leading Japanese automotive component manufacturer with expertise in oil pumps, water pumps, steering columns, drivetrain components, and other precision automotive systems. The company serves leading global OEMs, bringing decades of engineering excellence and manufacturing expertise.

The strategic relationship combines JK Fenner’s strong manufacturing capabilities, engineering expertise, and customer reach with Yamada Manufacturing’s advanced Japanese technology and product development capabilities. The partnership aims to accelerate innovation, enhance product quality, and address the evolving requirements of automotive OEMs, including next-generation mobility solutions.

Through this strategic relationship, the two companies will focus on:

Technology transfer for advanced automotive component manufacturing.Joint product development to meet global quality and performance standards.Localization of advanced technology products for the Indian automotive market.Enhancing manufacturing processes, quality systems, and engineering capabilities.Delivering innovative, reliable, and cost-effective mobility solutions to customers.

Through this strategic relationship, Yamada aims to accelerate its market entry and business expansion in India.

About Yamada Manufacturing Co., Ltd. 

Yamada Manufacturing Co.,Ltd. is specialized in development, design and manufacturing auto parts for the critical function of “driving, steering and braking” including transmission components, steering system components and automotive pumps, particularly oil and water pumps for automobiles and motorcycles. Yamada operates in Japan, United States, China and Thailand. Yamada’s philosophy is working together as a technology oriented corporation to provide value beyond customers’ expectations in a creative and original way, and to spread joy to people all over the world.

www.yamada-s.co.jp

About J.K. Fenner (India) Limited

J.K. Fenner (India) Limited is one of India’s leading manufacturers of automotive and industrial engineering solutions, offering a comprehensive portfolio that includes power transmission products, automotive components, sealing solutions, fluid transfer system, and engineered products. With a strong manufacturing footprint, advanced engineering capabilities, and a customer-first approach, the company serves leading OEMs and industrial customers across India and international markets.

www.jkfenner.com

Media Contact:
Phone: +91 44 4399 4666
Email:contact@jkfenner.com
Website:www.jkfenner.com

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Global survey reveals how 2,000 business and technology leaders are addressing AI-driven demand across IT elements  

Nearly half of organizations are behind schedule despite modernization being a top priority98% of organizations delayed modernization and experienced negative business impactsAs AI reshapes expectations for how technology can deliver results, more organizations are expanding their use of technology than consolidating themOrganizations deploying agentic AI are making faster modernization progress and seeing early benefits as AI takes on traditionally challenging tasks

NEW YORK, Oct. 1, 2026 /PRNewswire/ — Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today released its first global Modernization Report, which found that as organizations expand investments across legacy and modern platforms, modernization increasingly requires business orchestration, not technology consolidation.

“AI is creating new possibilities and raising expectations for the business outcomes technology should deliver,” said Martin Schroeter, Chairman and CEO, Kyndryl. “Modernization is about preparing for what comes next, and the leaders making the most progress are investing across their technology environments—strengthening resilience and putting those investments to work where they deliver the greatest value.”

Based on insights from 2,000 business and technology leaders across five continents and 12 industries, the research shows how AI is reshaping investment priorities across infrastructure and applications, while also challenging organizations’ operating models.

According to the report’s findings, the need to adopt AI now outranks priorities to reduce spending, replace legacy systems, or address a shrinking pool of legacy systems expertise. AI is the top driver of increased mainframe and edge computing use, the second-biggest driver for SaaS and private cloud expansion, and the leading reason organizations are upgrading their networks and application portfolios. Every organization with a mainframe now reports plans to deploy AI to the platform.

Together, these trends are creating more complex technology environments and new operational challenges for technology leaders.

Nearly half of respondents said they are behind schedule on their modernization goals. Agentic AI, which can autonomously plan and execute tasks, is emerging as a way to modernize faster. Ten percent of organizations have deployed agentic AI in production for modernization, applying it to typically time- and skills-intensive tasks of dependency mapping, code conversion, and generating documentation. Early adopters reported stronger outcomes, with 67% saying they are ahead of or on track with modernization goals, compared with 51% of other organizations.

The research also highlights what is slowing organizations down. Just 9% said they fully understand their applications’ dependencies, and one-quarter say they have large numbers of undocumented applications.

Among other findings, Kyndryl’s study shows that:

Modernization has become a business-wide priority, not just a technical one
The findings underscore the growing demands on CIOs, who must advance several priorities at once: AI adoption, cyber resilience, regulatory compliance, operational efficiency, and business growth. Respondents named nine distinct stakeholder groups with control over modernization, from CIOs and CTOs to boards of directors and finance and compliance teams. Modernization has outgrown the IT department and become a board-level business decision. Its growing importance also requires organizations to coordinate decision-making across more stakeholders without sacrificing speed.

Global events shape technology decisions alongside cost and performance
Sovereignty considerations are a growing factor in modernization strategies. While 65% of organizations address sovereignty selectively or primarily through a compliance lens, 63% expect sovereign cloud usage to increase and 55% expect sovereignty and regulatory requirements to place greater demands on their network architectures. The findings suggest that the geographic location of where technology runs is increasingly being shaped by governance and geopolitical considerations alongside performance, cost and innovation.

Complexity keeps compounding
The findings challenge the long-held assumption that digital transformation would lead organizations to gradually migrate toward a single preferred technology environment. Instead, their technology environments are becoming more distributed and complex as they prepare for AI. Mission-critical applications are distributed almost evenly across public cloud, private cloud, mainframe and on-premises environments, creating an increasingly hybrid enterprise. As digital transformation extends across the business, it must be underpinned by strategic, governance, and operational coordination—including a more integrated approach to cyber resilience as AI-driven threats accelerate and broaden. 

Read more about Kyndryl’s 2026 Modernization Report.

About Kyndryl
Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services, offering advisory, implementation and managed services across thousands of customer environments in more than 60 countries. The company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Kyndryl press contact
press@kyndryl.com 

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SOURCE Kyndryl

Enterprises can now benefit from AI-powered software development and modernization without moving sensitive code, data, or workflows outside their controlled infrastructure

ARMONK, N.Y., Oct. 1, 2026 /PRNewswire/ — Today IBM (NYSE: IBM) announced self-hosted deployment for IBM Bob, allowing organizations to bring AI software development to on-premises, private-cloud, sovereign-cloud, and air-gapped environments where they have control. Bob is IBM’s agentic software development platform that helps teams move beyond code generation to apply AI to the work of software delivery and modernization.

Enterprises are investing heavily in AI-powered software development, but organizations that manage sensitive source code, regulated data, or mission-critical infrastructure often face strict security and compliance requirements that can limit their ability to use public AI platforms. For many organizations, especially those in regulated industries, AI adoption requires control over where AI runs, what data AI can access, and how AI systems are governed.

According to a report from Futurum Research, hybrid and edge deployments are projected to capture 44% of the AI infrastructure market by 2030 as organizations seek sovereign control alongside ecosystem connectivity, while public cloud share is projected to decline to 46% in that same timeframe.

IBM Bob’s self-hosted deployment option brings AI to customer-managed infrastructure and is specifically designed for organizations that require greater control over data residency, security policies, AI governance, and software development workflows. Unlike many AI coding and software development tools that require organizations to move data to external services, the self-hosted version of IBM Bob allows enterprises to deploy AI software development and modernization capabilities in environments where their code, application context, and data already reside.

“The future of enterprise AI will depend on security, governance and sovereignty,” said Neel Sundaresan, GM of AI and Automation, IBM. “Organizations need AI that operates inside environments they have control over, especially when working with sensitive code and regulated data. Bob’s self-hosted deployment provides a way for enterprises to bring agentic AI directly to those environments so they can benefit from the technology while maintaining security, compliance, and operational control.”

Most enterprises operate software environments that contain sensitive data like intellectual property, proprietary source code, and regulated customer information. According to The Calculus of AI Sovereignty, a report published in June 2026 by IBM’s Institute for Business Value, 68% of surveyed executives say meeting data residency and sovereignty requirements across geographies is challenging.

Now, IBM Bob’s deployment flexibility can help enterprises address those requirements by allowing them to bring AI to the data instead of moving their data for the AI. Enterprises can run supported models on premises, including in air-gapped environments, using supported models they’ve licensed or connect Bob to supported external model services through hybrid configurations.

While many AI development tools have been designed primarily for cloud-native environments, enterprise modernization often involves applications and data distributed across on-premises systems, private clouds and other controlled environments. IBM Bob’s deployment flexibility allows organizations to use AI for software development and modernization across infrastructure environments and models, helping them achieve true AI adoption.

For additional information about self-hosted options for IBM Bob, visit: https://www.ibm.com/new/announcements/ibm-bob-expands-to-self-hosted-environments-for-sensitive-and-mission-critical-enterprise-software 

About IBM

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service.

Visit www.ibm.com for more information.

Media contact:
Rebecca Neufeld
IBM
rebecca.neufeld@ibm.com

Sources:

“Sovereign AI: What Nations Want (And What They’ll Actually Get)” Futurum Research, 2026″The Calculus of AI Sovereignty” IBM Institute for Business Value, 2026

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SOURCE IBM