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Vancouver company credits cloud for success at Amazon Vegas conference

FILE- In this Sept. 4, 2018, file photo a Nasdaq employee monitors market activity in New York. Investors were ravenous for companies able to add customers and deliver fat growth. (AP Photo/Mark Lennihan, File)
Summary

A Vancouver company at the Las Vegas cloud computing conference says it owes a lot to the cloud

NuData uses track pad and mouse gestures to detect fraud, analyzing mountains of data

LAS VEGAS (NEWS 1130) – At the cloud sector’s global conference in Las Vegas, a successful Vancouver-based digital company says it might never have existed without cloud computing.

NuData Security has done so well, it was bought by Mastercard and today has about 160 staff in Vancouver, plus those from the parent firm and an artificial intelligence company.

NuData Director of Platform Development Justin Fox says the company owes a lot to the cloud.

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“In a data centre it would have cost us millions to get started, whereas on the cloud we were able to get started with just a tiny bit of funding from one of our founders, and that was it,” he says.

NuData uses track pad and mouse gestures to detect fraud, analyzing mountains of data.

Fox says about ten per cent of the staff are among the 60,000 attendees at re:Invent, the Amazon Web Services conference, happening this week.

NEWS 1130 is a guest of the conference, which does not have editorial control.