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IBM spinoff joins a long list of questionable corporate names
Posted by: p8712
Date: April 12, 2021 04:45PM
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That is the actual name of the IT services unit that IBM is spinning off from its core business. Soon, the 90,000 employees affected by the change will no longer say they work for "IBM" — perhaps one of the more classic, unambiguous corporate names ever — but instead for "Kyndryl," a portmanteau whose meaning and pronunciation aren't immediately clear. IBM (IBM) says the "kyn" part of the name is derived from is the word "kinship," and "dryl" comes from tendril, which it said should bring "to mind new growth and the idea that ... the business is always working toward advancing human progress." Somehow, explaining it just makes it worse. We can deduce that the pronunciation, based on IBM's stated logic, is "KIN-drill," but the seemingly arbitrary use of Ys as vowels opens the door to long-I interpretation: KINE-drile? Googling the term doesn't find many alternate uses, although there is a scary-looking "World of Warcraft" character that goes by that name. It certainly seems like another corporate name that will join the pantheon of failed, or at least widely mocked, brands. But an expert in the field says we shouldn't laugh too hard. "It's not easy to come up with new names," said Bernd Schmitt, a professor of marketing at Columbia University and the faculty director of the Center on Global Brand Leadership. "Many good names are already taken and protected by law."
Re: IBM spinoff joins a long list of questionable corporate names
Posted by: Forrest
Date: April 12, 2021 05:10PM
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Re: IBM spinoff joins a long list of questionable corporate names
Posted by: August West
Date: April 12, 2021 05:19PM
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Re: IBM spinoff joins a long list of questionable corporate names
Posted by: cbelt3
Date: April 12, 2021 05:29PM
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Re: IBM spinoff joins a long list of questionable corporate names
Posted by: DP
Date: April 12, 2021 06:10PM
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cbelt3
“All the good names were taken so we had to settle on this weird one.”
Re: IBM spinoff joins a long list of questionable corporate names
Posted by: Gareth
Date: April 12, 2021 06:16PM
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Forrest
I would have guessed the name change was due to the health of IBM's pension plan, but surprisingly IBM's pension plan, as of February 2020 was 103.8% funded according to Pensions & Investments
Re: IBM spinoff joins a long list of questionable corporate names
Posted by: Cary
Date: April 12, 2021 09:18PM
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Re: IBM spinoff joins a long list of questionable corporate names
Posted by: Numo
Date: April 12, 2021 10:43PM
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Re: IBM spinoff joins a long list of questionable corporate names
Posted by: ka jowct
Date: April 13, 2021 01:50PM
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