Enterprise agility and the ability to innovate, adapt and respond quickly to the ever-changing risk and regulatory landscape is no longer a choice, but the cornerstone of successful digital transformation and commercial growth. Traditional access to and ways of managing data invariably create challenges in dealing with multiple data repositories, reconciliations, fire-drills, etc.

In response, the move to cloud is increasing significantly. It enables risk analytics and regulatory reporting at scale in a secure environment with data storage, management and encryption capabilities as a standard. In addition, as regulatory reporting requirements become more granular, machine learning can help facilitate new insights and allow for risk management to become more embedded into operational processes.

This webinar will address the day-to-day challenges in risk management and regulatory compliance, while also exploring how technological innovations can provide massive improvements and potential.

Key themes

• Real-life data challenges in the eyes of risk managers: can compliance, fraud detection and identifying liquidity positions be improved through the use of AI?
• Innovative approaches to streamline regulatory reporting to derive deeper customer insights from data at the moment of truth.
• Reimagining operations: how to modernise the data infrastructure to accommodate data explosion, drive flexibility and deliver a more cost effective outcome.

Over the past year, RISE with SAP has emerged as a valuable solution for SAP customers seeking a faster, simpler, and more affordable path to the cloud. RISE with SAP is a subscription-based offering that typically includes a number of fully managed cloud application options, including SAP S/4HANA Cloud and elements of the SAP Business Technology Platform. It’s a great way to migrate your business to modern cloud ERP applications, while handing off the implementation and management to SAP and freeing your own IT staff to focus on other projects.

As a strategic partner for RISE with SAP, Google Cloud works closely with SAP to ensure reliable, secure, high-performance connectivity between your SAP managed applications and your other Google Cloud applications and services. Today, we’re focusing on a Google Cloud capability that plays a big part in achieving this goal: VPC network peering. If your company uses Google Cloud to host its RISE with SAP managed applications (or any other SAP-managed offering, such as SAP Enterprise Cloud Services), it’s worth learning more about why VPC network peering is an important capability and how your network admin can implement it.

VPC network peering: The critical link for your SAP managed applications

We recently co-authored a white paper with SAP that goes into technical detail about how VPC network peering works and includes step-by-step configuration instructions. But it is useful to understand, at a higher level, why it matters for RISE with SAP subscribers.

When SAP implements your RISE with SAP managed applications on Google Cloud, it also provisions a virtual private cloud (VPC) — a virtualized network that provides the same functionality, performance, and security benefits as a dedicated physical network — for this SAP environment. In fact, a VPC actually gives you some capabilities that a physical network can’t match, such as the ability to increase IP space without downtime.

Using VPC network peering to connect your SAP managed environment with your Google Cloud applications and services gives you three key benefits: 

• Network latency: Traffic that remains inside Google’s network enjoys lower latency than connectivity that uses external addresses.
• Network security: Service owners do not need to have their services exposed to the public internet and deal with its associated risks.
• Network cost: Rather than pay egress bandwidth costs for networks using external IPs to communicate, peered networks can use internal IPs to communicate, saving you money on those egress costs. Regular network pricing still applies to all traffic.

Many customers also appreciate the flexibility they get from VPC network peering: It supports the ability to peer your own VPC networks with other VPC networks that reside in different projects and even in different organizations.  

Using VPC network peering to strengthen your SAP security posture

Most Google Cloud customers find VPC network peering most useful to ensure seamless connectivity between their SAP managed applications and the rest of their Google Cloud environment. But some companies also rely on VPC network peering to gain greater control over the security of their cloud environments. This can include:

• Implementing additional network security capabilities, such as advanced firewalls, intrusion detection, and network package inspection, that go above and beyond standard SAP security measures.
• Leveraging Google Cloud Interconnect to link your on-premises and Google Cloud environments, including your RISE with SAP managed applications, without sending traffic across the public internet.

Once your company has configured VPC network peering, things get even more interesting. Google Cloud offers plenty of ways to complement and enhance the value of your SAP applications: using Google BigQuery to consolidate and enrich your SAP application data; relying on Google AI/ML capabilities to sharpen your predictive analytics and real-time decision-making; or leveraging Google Kubernetes Engine to jump-start your own cloud-native application development efforts, among many other examples. 

Some of the world’s biggest SAP customers, including The Home Depot, and Cardinal Health,  have chosen Google Cloud to migrate their business-critical SAP applications. And we’ve seen how useful VPC network peering can be for SAP customers to unlock the full value and potential of Google Cloud. Be sure to download our white paper so you can get VPC network peering configured for your RISE with SAP managed applications, and discover for yourself just what’s possible when you run SAP applications on Google Cloud.

Organizations are pressed with the need to engage, retain, and upskill employees with many positions staying fully or partially remote as the pandemic continues. The Center for Digital Government (CDG) reports that 74% of state and local governments believe they will continue hybrid operations for the long-term. This transition is the latest in a long list of reasons agencies are looking for solutions to help train their workforce digitally. Some have found Google Classroom to be the perfect solution.

The State of Iowa knew about the advantages of digital classrooms even before the pandemic. They were already successfully using Google Classroom for in-person training, making the transition to digital seamless when the state closed down. Jessica Van Heuveln, a Google support specialist for the State of Iowa CIO’s Office, says the switch to digital doesn’t deprive workers of hands-on training. “You can use Google Classroom for many different environments, so if you’re doing self-taught, in-person or virtual training, it’s going to work with all those approaches.”

The logistics of a digital classroom

Iowa uses Google Classroom to onboard and upskill employees as well as train volunteers. When the pandemic shifted the state’s workforce to 70% working from home, they needed a  platform that could not only handle a vast range of topics and teaching styles to support remote workers but also scale to meet their demand. Van Heuveln notes that Google Classroom was particularly helpful for handling compliance training, especially with its integration with Google Meet. These trainings often require an entire sector of the workforce to attend a single class with more than 100 attendees, according to Van Heuveln. The logistics of these larger sessions cuts down on the number of total sessions the state needs to host. Iowa also found that employees were less apprehensive about learning when they could do it from the comfort of their own homes.

Iowa follows a train-the-trainer model to train employees expected to instruct using Google Classroom. Trainers working in departments across the state learn to use Google Classroom to create and host virtual learning experiences specific to their own departments. 

Collaborative classrooms made simple

Google Classroom meets many needs for Iowa, such as setting up training, managing attendance, reviewing uploaded coursework, and communicating with attendees. Both course attendees and trainers have everything they need in one place, and robust engagement tools help attendees stay focused while giving trainers the feedback they need from their lessons. Built-in survey options let trainers gauge attendee knowledge, and the chat function ensures no one ever misses a question. The reporting dashboard gives trainers access to analytics to track engagement and attendance, providing insights that can improve future training sessions.

Google Classroom also makes it easier to ensure attendees stay on board throughout the training program. Coursework can be uploaded directly into Google Classroom, and training sessions can be recorded and archived. This feature allows employees to work at their own pace or lets them catch up when a scheduling conflict means they might miss a session.

The enterprise version of Google Classroom Iowa uses interfaces with other Google Workspace tools such as Google Meet, Google Calendar, Google Drive, and Gmail, which streamlines training and leads to more collaboration between employees and trainers. It can also interface with applications from other providers, further boosting its utility as an effective virtual classroom. Google Drive stores training materials securely. Lastly, Google Classroom enterprise comes with 24/7 support to make sure agencies always have everything they need for success.

Helping employees be better prepared to serve

Google Classroom can be a powerful part of any training program, whether it be digital or in-person. Building virtual connections empowers organizations to deliver better experiences. Google Classroom is helping the State of Iowa accomplish this for their constituents. Designed to scale and be accessible from anywhere, the platform helps public employees better serve the public. Virtual training strategies are essential for agencies that are looking to grow their workforce and build employee skill levels. The most important thing, however, is that training programs enable employees to further your agency’s mission. To learn more about Google Classroom and see more solutions designed with government in mind, check out the Google Cloud for government page.