what ever happened with their enterprise k8s? critical stack or whatever.
Capital One enters enterprise B2B software, new data management SaaS
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Re: Capital One enters enterprise B2B software, new data management SaaS
#12Here’s a direct link to Capital One Software: https://www.capitalone.com/software/ And a link to the first product they launched, “Slingshot”: https://www.capitalone.com/software/solutions/ Essentially it sounds like Capital One is taking some of their internal tooling and starting to sell it, starting with their tooling for managing Snowflake instances.
I see they’ve already mastered the enterprise software technique of a “screen-by-screen video” that shows zero actual screens of the actual product, just a series of animations vaguely indicating business processes that are efficient & scale & managed etc.
Re: Capital One enters enterprise B2B software, new data management SaaS
#13I would love to see the statistics on # of SE hires by the FANGS then Capital One. Has to be comparable.
I'm sure the sweat shops like Accenture, TCS, Infosys have them both beat on that measure.
Whatever that measure indicates of product quality ¯\_(ツ)_/¯
Re: Capital One enters enterprise B2B software, new data management SaaS
#14Surprising that a bank is going in this direction but not surprising that it was Capital One. They have historically been pretty technology forward in comparison to other US banks. They are one of the only US banks that provide pretty pain-free APIs to the public.
Don’t let the marketing budget fool you. They’re a subprime lender wrapped in the veneer of a fintech while being a closeted sweatshop. A large proportion of their engineering team used to be H1Bs about 5-7 years ago, unsure if that’s still the case with quotas shrinking recently.
https://newrepublic.com/article/155212/worked-capital-one-fi...
Re: Capital One enters enterprise B2B software, new data management SaaS
#15Bringing new meaning to software debt
Re: Capital One enters enterprise B2B software, new data management SaaS
#16This is a bold play, given their security track record.
The hacker, Paige A. Thompson a/k/a/ erratic, was a former AWS engineer who abused her access to download the CapitalOne data along with 30 other companies data. Insider attacks are so deadly.
On top of her having insider access, she is mentally ill (hence her fitting online moniker) so that doesn't help any. She was long known about in the hacking scene before the hack. Very aggressive and rude online behavior.
She got convicted recently and her sentencing is in September, looking at 20 years. I think she'll get that. Hopefully she doesn't follow through on her previous statements of wanting to attempt suicide or fleeing the country.
Re: Capital One enters enterprise B2B software, new data management SaaS
#17Here’s a direct link to Capital One Software: https://www.capitalone.com/software/ And a link to the first product they launched, “Slingshot”: https://www.capitalone.com/software/solutions/ Essentially it sounds like Capital One is taking some of their internal tooling and starting to sell it, starting with their tooling for managing Snowflake instances.
I've been out of consulting for 7 years now, so I don't know how widespread or old the trend is, but I'm seeing a lot of banks moving to a product operating model for their internal/backend software. The last place I worked had been at it for a couple of years and there were a few teams that really ran with it. At some point why not turn them into a profit center?
Re: Capital One enters enterprise B2B software, new data management SaaS
#18Here’s a direct link to Capital One Software: https://www.capitalone.com/software/ And a link to the first product they launched, “Slingshot”: https://www.capitalone.com/software/solutions/ Essentially it sounds like Capital One is taking some of their internal tooling and starting to sell it, starting with their tooling for managing Snowflake instances.
Snowflake, in my circles, means something that's outside of the patterns in use and doesn't scale. It's something that's inherently bad and you want as little of it as possible, preferably make it visible and obvious, and manage it outside of your regular repositories and pipelines. Keep bringing it up at retros and planning until it's either industrialised along with the other things you support, or you drop/refacto…
Weird. In my circles, and the circles of people who are in the market for such a product, snowflake indicates a particular design pattern for designing data warehouses.
Re: Capital One enters enterprise B2B software, new data management SaaS
#19Surprising that a bank is going in this direction but not surprising that it was Capital One. They have historically been pretty technology forward in comparison to other US banks. They are one of the only US banks that provide pretty pain-free APIs to the public.
Don’t let the marketing budget fool you. They’re a subprime lender wrapped in the veneer of a fintech while being a closeted sweatshop. A large proportion of their engineering team used to be H1Bs about 5-7 years ago, unsure if that’s still the case with quotas shrinking recently. https://newrepublic.com/article/155212/worked-capital-one-fi...
I know a friend who got a job there. Many teams do not do any coding at all. Like most banks they have automated away all the programming and have little need for new tech.
Re: Capital One enters enterprise B2B software, new data management SaaS
#20Here’s a direct link to Capital One Software: https://www.capitalone.com/software/ And a link to the first product they launched, “Slingshot”: https://www.capitalone.com/software/solutions/ Essentially it sounds like Capital One is taking some of their internal tooling and starting to sell it, starting with their tooling for managing Snowflake instances.
I see they’ve already mastered the enterprise software technique of a “screen-by-screen video” that shows zero actual screens of the actual product, just a series of animations vaguely indicating business processes that are efficient & scale & managed etc.
Ironically these are called "explainer" videos too. :)