Elo faces increasing competition from traditional banks and new financial technology (fintech) start-ups. The company wanted a new platform to quickly develop and deploy applications using virtual machines (VMs). Elo also wanted to create application programming interfaces (APIs) to better connect its services with its parent banks, other payment platforms, and e-commerce sites. “We want to develop a collaborative, API-based environment for our partners, including fintech companies,” said Anderson Agapito, IT infrastructure manager at Elo. “This change will best position us to influence the market and compete.”
Payment card company cuts time to market for new services