Three insights you might have missed from AWS re:Invent 2022

Three insights you might have missed from AWS re:Invent 2022

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Following more than 100 on-camera interviews and four days of wall-to-wall coverage, theCUBE’s live broadcast for its tenth AWS re:Invent is officially in the books.

Amazon Web Services Inc. made a number of significant announcements during the event in Las Vegas, encompassing new tools for data management, processor advances, serverless solutions and enhanced enterprise services for artificial intelligence and machine learning.

Conversations with AWS executives, customers and analysts on theCUBE, SiliconANGLE Media’s livestreaming studio, covered a wide range of topics over the course of a busy week. (* Disclosure below.)

Here are three insights you might have missed:

1. MongoDB is riding a fresh wave of enterprise interest in database consolidation and developer productivity.

Earlier this week, MongoDB Inc. reported earnings for the third quarter that easily beat previous guidance and Wall Street’s expectations, sending its stock soaring more than 26% in after-hours trading. According to MongoDB President and Chief Executive Officer Dev Ittycheria (pictured), the company’s robust financials were based on growing interest in its Atlas multicloud database service and customer growth in new business activity.

Ittycheria sat down for an extended interview with theCUBE at AWS re:Invent last week and, although he could not comment on the firm’s forthcoming earnings report, he offered insight into the key factors that were driving customer interest in MongoDB’s cloud offerings.

“They like our broad platform story,” Ittycheria said. “Rather than use three or four different databases, they can use MongoDB to do everything. That resonates with customers, and it’s the fact that they can move fast. Developer productivity is a proxy for innovation.”

Here’s theCUBE’s complete video interview with Dev Ittycheria:

2. Enhancement for AWS Data Exchange could have impact in the fight against viruses.

With the volume of news coming out of re:Invent over the course of a week, it is sometimes easy to miss the broader significance around several of the announcements. Such was the case with the move by the company to make AWS Data Exchange available for AWS Lake Formation.

Data Exchange makes it easier to find, subscribe to and use third-party data in the cloud. The integration with Lake Formation means that customers no longer have to build cumbersome extract, transfer and load pipelines to move data. This is good news for a number of AWS customers, one of whom has been at the forefront of vaccinations for COVID-19 — Moderna Inc.

Moderna’s partnership with AWS dates at least as far back as 2017, when the therapeutics company used the AWS cloud to identify mRNA sequences that were optimal for specific medical issues. Within three years, Moderna would become a household name as a pandemic upended normal life around the world. Along with COVID vaccines, Moderna is now developing protection against other significant viruses.

“Moderna has been using the mRNA technology, and they’re using it to develop a new vaccine for the RSV virus,” said Chris Casey, director and general manager of industry software and data alliances at AWS, told theCUBE during the event. “They’re using Data Exchange to procure and then analyze real-world evidence data. That helps them identify and analyze in almost real-time using data on Redshift for who are the best candidates for a trial.”

Here’s theCUBE’s complete video interview with Chris Casey:

3. Serverless computing is transforming one of the nation’s largest banks.

Capital One Financial ranks among the top 10 largest U.S. banks in total assets, and it is all-in on the cloud. At a time when many financial institutions have struggled to transition from mainframes and legacy infrastructure, Capital One had exited all of its datacenters and moved to the cloud by the end of 2020.

One of the technologies the bank is currently pursuing involves serverless computing. Capital One was identified back in 2018 as one of the faster large enterprises to adopt AWS Lambda as a serverless solution. During re:Invent last week, AWS announced a SnapStart feature for Lambda, designed to reduce cold start times for Lambda functions by 90%.

Capital One is part of the first beta for the new feature, according to Lo Li, the bank’s managing vice president, who provided insight into why serverless was important in an interview with theCUBE.

“It helps us stay well-managed security wise,” Li said. “It allows us to create automation and takes away a lot of the heavy lifting that our engineers would have to do otherwise. We’re taking a lot of the grit work of management of servers out of the engineer’s hands and automating it.”

Here’s theCUBE’s complete video interview with Lo Li:

To watch more of theCUBE’s coverage of the AWS re:Invent conference, here’s our complete event video playlists:

https://www.youtube.com/watch?v=videoseries

(* Disclosure: TheCUBE is a paid media partner for the AWS re:Invent conference. Neither Amazon Web Services Inc., the main sponsor for theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE

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