Why Capital One bets on AWS, DevOps technology, and an 'agile' model - Business Insider

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Capital One explains how it's spent almost a decade modernizing its IT with Amazon's cloud and the agile developer methodology to move faster and stay competitive

, which helps developers with releasing code faster and more often. All these tools complement the internal DevOps software it built for its own purposes. Investors are betting hundreds of millions of dollars that startups like PagerDuty, GitLab, and CloudBees can change the way software gets made

It moved away from the so-called waterfall model of software development, where teams go step-by-step, moving from planning the software and its requirements, to analyzing what the project would need, to designing the app's architecture, to actually coding it, to testing it, to maintenance. Now, Capital One follows an agile model, a more incremental approach to software design that involves breaking a project down into multiple smaller projects. Each team is assigned a specific outcome, and tasked with constantly iterating on it. Testing and security validation is done on each individual part on the go. Ultimately, it means that each component can be individually updated and released several times a day.

So far, these changes have paid off for Capital One, Hall says. She says the company is now more "adaptive" and "nimble," and better able to respond to changes in the industry.

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