Capital One Completes Migration from Data Centers to AWS, Becomes First US Bank to Announce Going All In on the Cloud
Project Achtergrond
Capital One, one of the largest banks in the United States, announced in November 2020 that it had completed the migration from all eight of its on-premises data centers to Amazon Web Services (AWS), becoming the first US bank to report that it was all in on the cloud. In its journey to becoming cloud first, Capital One recycled 103 tons of copper and steel and built 80 percent of the nearly 2,000 applications it now runs in the cloud from the ground up.
Probleemstelling van het project
Migrating to the cloud as quickly and aggressively as Capital One did is unusual among Fortune 100 companies, especially those in the heavily regulated financial services industry. However, since its founding in 1994, Capital One has defined itself as a disrupter with a mission of changing its industry for the better, “bringing humanity, ingenuity, and simplicity to banking.” While Capital One maintains a national banking presence in the United States with more than 50,000 associates and tens of millions of customers, it operates as a “digital bank,” maintaining branches in only a few states. The company supports its customers by providing more than 40,000 ATMs across the country as well as Capital One Cafés that offer access to Capital One products, customer support, digital and financial tools, and Money Coaching sessions and other financial workshops.
Technologische innovaties
Cloud Migration
Doelstelling van het project
“We are truly all in on the cloud, and AWS has been instrumental in enabling us to take full advantage of the benefits of being in the cloud,” says Chris Nims, senior vice president of cloud and productivity engineering at Capital One. “Going all in on the cloud has enabled both instant provisioning of infrastructure and rapid innovation. We are able to manage data at a much larger scale and unlock the power of machine learning to deliver enhanced customer experiences.”
Technology Providers
AWS