This article originally appeared on CBInsight.com, May 2, 2017.
By Penny CrosmanDecember 24, 2015
Capital One is bounding down a path on which other banks have been tiptoeing.
The McLean, Va., bank and card issuer has begun shrinking its physical technology infrastructure by shifting it to Amazon's public cloud. At first, Amazon Web Services was used mainly for developing and testing software. More recently Capital One used the Amazon service to deploy its new mobile banking apps — software that's vital to the organization these days.
"Like many large enterprises, we started more in an experimentation mode, in our innovation labs," Rob Alexander, the company's chief information officer, said at a conference in October. "It was a grassroots, developer-driven use of the platform."
But "this year, we've taken a more aggressive stance, recognizing that we could deploy some of our most critical production workloads on the AWS platform," he said.
Read the entire article on the American Banker website.