Claus Moltd, FICO, sits down with Stu Miniman & John Walls at AWS Summit 2017 in New York City, NY
#AWSSummit #theCUBE
https://siliconangle.com/2017/08/14/fico-moves-to-aws-cloud-for-speed-and-scalability-awssummit/
Why FICO moved to AWS cloud: speed and scalability
With the announcement that the credit analysis company Fair Isaac Corp. would become an Amazon Web Services Inc. cloud service customer, AWS furthered its goal to attract high-profile names in the financial services world. For FICO, with 100 billion credit scores sold to-date, the ability to implement new solutions faster and more widely for its customer base made a lot of sense.
“For us, it’s pretty easy to go with proven technology. We can enable scale for our customers, setting solutions up in days rather than weeks or months, like we used to,” said Claus Moldt (pictured), chief information officer of FICO.
Moldt commented on the news regarding AWS and other subjects during a visit to theCUBE, SiliconANGLE’s mobile livestreaming studio, at today’s AWS Summit in New York City. He spoke with co-hosts John Walls (@JohnWalls21) and Stu Miniman (@stu) about FICO services already running on the AWS platform, Moldt’s evaluation of new Amazon products and the need to keep pace in the fast-moving cloud technology environment. (* Disclosure below.)
The company has already begun using AWS for its myFICO consumer services clients and the firm’s marketing services organization. Some financial services are projected to go live soon as well, according to Moldt.
The shift to the cloud “definitely means that I focus on evolving the business” rather than having to focus on rebuilding FICO’s information technology infrastructure, Moldt explained. “I don’t have to worry about our [capital expenditure], so we shift it all to [operational expenditure] and scale it as we see fit with our customers,” he said.
Looking at Glue and Kubernetes
FICO will take a look at Amazon Glue, a new offering that automates the loading of data into the AWS Simple Storage Service. Moldt is also evaluating Kubernetes, open-source software designed to help cloud providers manage container applications.
Also, last week, AWS joined the Cloud Native Computing Foundation, a key player behind the Kubernetes movement. “We’re excited that’s the direction that AWS is going,” Moldt said.
For the FICO executive, the move to AWS represents a continued evolution as he deals with the expanding universe of new options confronting IT managers. “It’s going fast, and we have to understand all the new technologies. We have to make sure that we bring the whole company with us as we implement these new solutions,” he concluded.
Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of AWS Summit. (* Disclosure: TheCUBE is an unpaid media partner for AWS Summit. Neither Amazon Web Services Inc. nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)
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Claus Moldt, FICO | AWS Summit 2017
Claus Moltd, FICO, sits down with Stu Miniman & John Walls at AWS Summit 2017 in New York City, NY
#AWSSummit #theCUBE
https://siliconangle.com/2017/08/14/fico-moves-to-aws-cloud-for-speed-and-scalability-awssummit/
Why FICO moved to AWS cloud: speed and scalability
With the announcement that the credit analysis company Fair Isaac Corp. would become an Amazon Web Services Inc. cloud service customer, AWS furthered its goal to attract high-profile names in the financial services world. For FICO, with 100 billion credit scores sold to-date, the ability to implement new solutions faster and more widely for its customer base made a lot of sense.
“For us, it’s pretty easy to go with proven technology. We can enable scale for our customers, setting solutions up in days rather than weeks or months, like we used to,” said Claus Moldt (pictured), chief information officer of FICO.
Moldt commented on the news regarding AWS and other subjects during a visit to theCUBE, SiliconANGLE’s mobile livestreaming studio, at today’s AWS Summit in New York City. He spoke with co-hosts John Walls (@JohnWalls21) and Stu Miniman (@stu) about FICO services already running on the AWS platform, Moldt’s evaluation of new Amazon products and the need to keep pace in the fast-moving cloud technology environment. (* Disclosure below.)
The company has already begun using AWS for its myFICO consumer services clients and the firm’s marketing services organization. Some financial services are projected to go live soon as well, according to Moldt.
The shift to the cloud “definitely means that I focus on evolving the business” rather than having to focus on rebuilding FICO’s information technology infrastructure, Moldt explained. “I don’t have to worry about our [capital expenditure], so we shift it all to [operational expenditure] and scale it as we see fit with our customers,” he said.
Looking at Glue and Kubernetes
FICO will take a look at Amazon Glue, a new offering that automates the loading of data into the AWS Simple Storage Service. Moldt is also evaluating Kubernetes, open-source software designed to help cloud providers manage container applications.
Also, last week, AWS joined the Cloud Native Computing Foundation, a key player behind the Kubernetes movement. “We’re excited that’s the direction that AWS is going,” Moldt said.
For the FICO executive, the move to AWS represents a continued evolution as he deals with the expanding universe of new options confronting IT managers. “It’s going fast, and we have to understand all the new technologies. We have to make sure that we bring the whole company with us as we implement these new solutions,” he concluded.
Watch the complete video interview below, and be sure to check out more of SiliconANGLE’s and theCUBE’s coverage of AWS Summit. (* Disclosure: TheCUBE is an unpaid media partner for AWS Summit. Neither Amazon Web Services Inc. nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)
