Financial Management

Capital One Launches Capital One Software Business and Enters Enterprise B2B Software

Capital_One_Launches
Capital One Financial Corp. announced the launch of Capital One Software, a new B2B software business focused on providing cloud and data management solutions for companies operating in the cloud. Capital One Software's initial product is Capital One Slingshot, a data management solution for Snowflake Data Cloud users designed to assist organizations in accelerating adoption of the Snowflake Data Cloud, managing cloud expenses, and automating important governance.

Capital One's entry into the corporate software industry followed years of establishing its own cloud and data management solutions in-house.

Starting with the launch of Capital One Slingshot, Capital One Software will offer proven solutions that have been battle-tested by one of the nation's largest enterprises serving more than 100 million customers."

Ravi Raghu, Executive Vice President, Head of Capital One Software.

Capital One Software will assist businesses in resolving issues associated with cloud-based data management, such as data publishing, data consumption, data governance, and infrastructure management.

Capital One Slingshot
Slingshot is a data management solution for Snowflake customers. It helps them simplify their provisioning processes, adhere to governance requirements, gain detailed visibility into cost drivers, and optimize future spending. As a result, customers of the Snowflake Data Cloud will be able to accelerate the adoption of the platform, manage cloud costs, and automate critical governance processes.

Slingshot helps businesses:

  • Manage costs
  • Gain insights
  • Federate warehouse administration
  • Automate governance

With Capital One's new Slingshot solution, joint customers will be able to benefit from its cost predictability, forecasting, and optimization, enabling them to expand upon their Snowflake usage with confidence."

Christian Kleinerman, Senior Vice President of Product at Snowflake.

Spotlight

Other News

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More

Dom Nicastro | April 03, 2020

Read More