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Forbes Insights Machine Learning in Action

Forbes Insights Machine Learning in Action

Forbes Insights
Published By: Research Desk Released: Nov 14, 2018

Capital One is using AWS as a central part of its technology strategy. As a result, the bank plans to reduce its data center footprint from eight to three by 2018. Capital One is one of the nation’s largest banks and offers credit cards, checking and savings accounts, auto loans, rewards, and online banking services for consumers and businesses. It is using or experimenting with nearly every AWS service to develop, test, build, and run its most critical workloads, including its new flagship mobile-banking application. Capital One selected AWS for its security model and for the ability to provision infrastructure on the fly, the elasticity to handle purchasing demands at peak times, its high availability, and its pace of innovation.