BigQuery BI Engine is a fast, in-memory analysis service that lets users analyze data stored in BigQuery with rapid response times and with high concurrency to accelerate certain BigQuery SQL queries. BI Engine caches data instead of query results, allowing different queries over the same data to be accelerated as you look at different aspects of the data.
Fast and clean. These two words define the ideal financial close process. This standard is held up as a measure of a finance or accounting department’s effectiveness. Companies are expected to get the financial close process done within a standard business week. This demonstrates competence, resource efficiency, and good management. An efficient financial consolidation and close process does two vital things.
Much of the hype around big data and analytics focuses on business value and bottom-line impacts. Those are enormously important in the private and public sectors alike. But for government agencies, there is a greater mission: improving people’s lives. Data makes the most ambitious and even idealistic goals—like making the world a better place—possible.
Across the globe, cloud concentration risk is coming under greater scrutiny. The UK HM Treasury department recently issued a policy paper “Critical Third Parties to the Finance Sector.” The paper is a proposal to enable oversight of third parties providing critical services to the UK financial system.
