Data science can be applied to business problems to improve practices and help to strengthen customer satisfaction. In this blog, we address how the addition of Looker extends the value of your Google Cloud investments to help you understand your customer journey, unlock value from first-party data, and optimize existing cloud infrastructure.    

Data is a powerful tool 

While everyone doesn’t need to understand the nuts and bolts of data technologies, most people do care about the value data can create for them — how it can help them do their jobs better. Within the data space, we are seeing a trend of ongoing failure to make data accessible to “humans” –   the industry still hasn’t figured out how to put data into the hands of people when and where they need it, how they need it. 

What if everyone in your organization could analyze data at scale, and make more-informed, fact-based decisions?   Data and insights derived from data are valuable but only if your users see it.  We think Looker helps solve that. 

Solutions tell a larger story of how it all fits together 

Across all verticals and industries,  businesses benefit from knowing and understanding their customers better. Many business goals are to increase revenue by improving product recommendations and pricing optimization, improving the user experience through targeted marketing and personalization, and reducing churn while improving retention rates.  To help reach  these goals, key strategies should focus on understanding customer needs, their motivations, likes and dislikes, and using all available data – in other words, put yourself in the shoes of your customer.    

Our goal with Looker solutions is to offer the right level of out-of-box support that allows customers to get to value quickly, while maintaining the necessary flexibility. We aim to offer a library of data-driven solutions that accelerate data projects. Many solutions include Looker Blocks (pre-built pieces of code that accelerate data exploration environments) and Actions (custom integrations) that get customers up and running quickly and lets you build business-friendly access points for Google Cloud functionality like BQML, App Engine and Cloud Functions.  

Below, you’ll find a sampling of the newest Looker solutions. 

Listening to customers by looking at the data

Looker’s solution for Contact Center AI (CCAI), helps businesses gain a deeper understanding and appreciation of their customers’ full journey by unlocking insights from all their company’s first-party data. Call centers can converse naturally with customers and deliver outstanding experiences by leveraging artificial intelligence. CCAI‘s newest product —CCAI Insights — reviews conversations support agents are having, finding and annotating the data with the important information, and identifying the calls that need review. We’ve partnered with the product teams at CCAI to build Looker’s Block for CCAI Insights, which sets you on the path to integrating the advanced insights into your first-party data in Looker, overlaying business data with the customer experience.

Businesses can better understand contact center experiences and take immediate action when necessary to make sure the most valuable customers receive the best service. 

Realizing full business value of First-Party data

Looker for Google Marketing Platform (GMP) provides marketers the power to unlock the value of their company’s first-party data to more effectively target audiences.  The Looker Blocks and Actions for GMP offer interactive data exploration, slices of data with built-in ML predictions and activation paths back to the GMP.  This strategic solution continues to evolve with the Looker Action for Google Ads (Customer Match), the Looker Action for Google Analytics (Data Import) and the Looker Block for Google Analytics 4 (GA4).

• The Looker Action for Customer Match allows marketers to send segments and audiences based on first-party data directly into Google Ads. Reach users cross-device and across the web’s most powerful channels such as Display, Video, YouTube, and Gmail.  The entire process is performed within a single screen in Looker, and is able to be completed in a few minutes by a non-technical user. 
• The Looker Action for Data Import can be used to enhance user segmentation and remarketing audiences in Google Analytics by taking advantage of user information accessible in Looker, such as in CRM systems or transactional data warehouses.
• The Looker Block for Google Analytics 4 (GA4) expands the solution’s support with out-of-the-box dashboards and pre-baked BigQuery ML models for the newest version of Google Analytics.The Looker Block offers up reports with flexible configuration capabilities to unlock custom insights beyond the standard GA reporting. Customize audience segments, define custom goals to track and share these reports with teams who do not have access to the GA console.

From clinical notes to patient insights at scale

Taking a look at the Healthcare vertical, the Looker Healthcare NLP API Block serves as a critical bridge between existing care systems and applications hosted on Google Cloud providing a managed solution for storing and accessing healthcare data in Google Cloud. The Healthcare NLP API uses natural language models to extract healthcare information from medical text,  rapidly unlocking insights from unstructured medical text and providing medical providers with simplified access to intelligent insights.  Healthcare providers, payers, and pharma companies can quickly understand the context and relationships of medical concepts within the text, such as medications, procedures, conditions, clinical history, and begin to link this to other clinical data sources for downstream AI/ML.   

Specifically, the natural language processing (NLP) Patient View (pictured below) allows you to review a single selected patient of interest, surfacing their clinical notes history over time. It informs clinical diagnosis with family history insights, which is not currently captured in claims, and captures additional procedure coding for revenue cycle purposes.

The dashboard below shows the NLP Term View which allows users to focus on chosen medical terms across the entire patient population in the dataset so they can start to view trends and patterns across groups of patients. 

This data can be used to: 

• Enhance patient matching for clinical trials 
• Identify re-purposed medications
• Drive advancements for research in cancer and rare diseases
• Identify how social determinants of health impact access to care

Managing Costs Across Clouds

Effective cloud cost management is important for reasons beyond cost control — it provides you the ability to reduce waste and predictably forecast both costs and resource needs. Looker’s solution for Cloud Cost Management offers quick access to necessary reporting and clear insights into cloud expenditures and utilization. 

This solution brings together billing data from different cloud providers in a phased approach: get up and running quickly with Blocks optimized for where the data is today (Google Cloud, AWS or Azure) as you work towards more sophisticated analysis for cross-platform planning and even cloud spend optimization with the mapping of tags, labels and cost centers across clouds.

The Looker Cloud Cost Management solution provides operational teams struggling to monitor, understand, and manage the costs and needs associated with their cloud technology with a comprehensive view into what, where and why they are spending money.

Making better decisions with Looker-powered data

Leading companies are discovering ways to get value from all of that data beyond displaying it in a report or a dashboard. They want to enable everyone to make better decisions but that’s only going to happen if everyone can ask questions of the data, and get reliable, correct answers without using outdated or incomplete data and without waiting for it. People and systems need to have data available to them in the way that makes the most sense for them at that moment.  

It’s clear that successful data-driven organizations will lead their respective segments not because they use data to create reports, but because they use it to power data experiences tailored to every part of the business, including employees, customers, operational workflows, products and services.   

As people’s way of experiencing data has evolved, more than ever before, dashboards alone are not enough. You can use data as fuel for data-driven business workflows, and to power digital experiences that improve customer engagement, conversions, and advocacy. 

From Nov. 9 – 11th, Looker is hosting its annual conference JOIN, where we’ll be showing new features, including how we help to:

• Build data experiences at the speed of business
• Accelerate the business value with packaged experiences 
• Unleash more insights for more people in the right way – Deliver data experiences at scale

There is no cost to attend JOIN.  Register here and learn how Looker helps organizations build and deliver custom data-driven experiences that goes beyond just reports and dashboards, scales and grows with your business, allows developers to build innovative data products faster, and ensures data reaches everyone.

Financial markets were among the first to adopt new technologies, and that has certainly been true of the derivatives markets, which were early adopters of electronic trading. Going forward, new capabilities will transform the way industry participants communicate, analyze, and trade.

I sat down with Google Cloud’s Phil Moyer and former SEC Commissioner, Troy Paredes, for a fireside chat at FIA Boca 2022 to discuss the future of markets and policy, the new technologies that are already paving the way for greater speed and transparency, and how cloud can help promote greater resiliency, performance, and security to enable the long-term vision for the market. The following is a summary of our discussion.

The current state of cloud technology

When it comes to technology adoption, we’re seeing the market and participants adopt cloud technologies, and increasingly, machine learning (ML) on a wider scale. Cloud technology allows for easier, faster, and much more secure experimentation with large datasets and ML.

A recent Google sponsored study by Coalition Greenwich (September, 2021) showed that more than 93% of trading systems, exchanges, and data providers are in some way providing services on the cloud. The same study, revealed that about 72% of the financial industry across the buy side and sell side, intend to consume public cloud-data based market data within the next 12 months.

Data-driven decision-making and risk management have always been, and continue to remain, the cornerstones of the financial markets. Over time, technology innovation has facilitated access to better insights from data, and therefore, better decision-making and the ability to manage risk. That expectation is now mainstream, and will continue to grow in sophistication.

The multi-phased technology trajectory

The movement of exchanges to the cloud will occur in a “crawl-walk-run” fashion, with low-hanging fruits the first to be picked in the near term while bigger, paradigmatic changes will occur over the medium and long term. Some organizations are starting all three stages simultaneously, understanding that each will move at an independent cadence.

The “crawl” phase is one in which foundations are built, starting with organizations moving data to the cloud and experimenting with some degree of analytics. It’s one of the most important phases because it’s where the opportunity to increase transparency and risk management takes shape.

In moving to the cloud, the infrastructure – which in the past relied on a combination of people, processes, and some technology – becomes the code that runs applications. This early phase is key to empowering organizations to shift to a cloud-based, agile-first operating model that makes it easier and more seamless to launch new products in the future, including by freeing up people and resources from IT management to more mission-focused work.

Establishing the cloud operating model simplifies the “walk” and “run” phases where compliance is more automated, latency-sensitive applications are more readily available, and the next generation of exchanges, market participants, and regulators is better prepared to meet future challenges.

The “walk” phase is where much of the innovation happens. Exchanges are making significant progress in leveraging foundational data decisions in the “crawl” phase and innovations in the cloud to improve settlement, clearing, risk management, collateral management, and compliance, and launch new products.

And finally, the “run” phase is where organizations will start to move the latency-sensitive markets to the cloud, as the markets increasingly will demand low-latency and high performance along with transparency and analytics to solve historical obstacles to market access.

Opportunities for both regulators and market participants

Any time significant technological change takes place, regulators explore its implications, particularly with respect to their ability to meet their regulatory objectives.

Increasingly, we are seeing technological change driving more opportunities for regulators and market participants alike. Such changes may also allow better protection of the marketplace, with greater integrity and transparency.

Over time, regulatory regimes – rules, regulations, statutes, interpretations, and guidance – will also adjust to new technologies, both benefiting the marketplace and advancing regulatory goals.

As one example, the cloud is increasing the ability to meet compliance obligations by allowing compliance to be built into transactions. Moreover, predicated on the vision of real-time regulatory reporting, and given the pace of technological change in the marketplace over the last several years, various regulators have been using more advanced analytics. This trend will continue to help them more effectively and efficiently meet their objectives, and monitor and meet the expectations they have for the entire market.

Machine learning’s role in the financial markets

Google Cloud’s head of AI and Industry Solutions, Andrew Moore, said that ML will be doing three key things for us in the next 10 years: giving us meaning, providing concierge services, and serving as a guardian. Extracting information that is critical to investor decision-making can be extremely important. With more data than ever, ML can increase the ability to process it while also becoming more accessible in the cloud and better supporting regulatory objectives.

The technology will likely manifest in trading and anti-money laundering activities as they relate market functions, as well as managing a wide variety of risks – supporting the interests of both investors and regulators in terms of decision-making, surveillance, and protections.

Rather than taking individuals out of the equation, the digitization of markets, assets, and guard rails combined with ML will allow people to focus their expertise in different ways to achieve key objectives.

Building the market foundation for the future

The goals of operational resiliency, security, and privacy will continue to be critical for building the market foundation for both participants and regulators. While technology promises to create advantages in concrete, tangible ways, it will be important to scrutinize potential risks and concerns.

Priority one for technology providers is to build an environment of trustless security, including encryption at motion and encryption at rest, ensuring that markets are operationally resilient while instilling confidence for any exchange that runs on top of that infrastructure. Multicloud architectures and approaches are likely also to be part of the solution for operational resilience.

Throughout time, liquidity has been the outcome of improved access, transparency, and security. Technology providers are responding by sharing both the responsibility for, and fate of, the markets of the future to build an efficient, faster, and more transparent and secure financial industry.

You can learn more about our approach in our newest white paper, Building the financial markets foundation for the future.

May is Asian Pacific American Heritage Month —a time for us to come together to celebrate and remember the important people and history of Asian and Pacific Island heritage. This feature highlights three AAPI founders from the Google For Startups community.

Read on to learn how these three founders built their businesses, leverage Google tech, and suggestion they have for aspiring entrepreneurs.

CultivatePeople 

Founder: Lola Han

Description: CultivatePeople’s compensation software, Kamsa, provides global market pay rate data and helps companies make data-driven salary decisions so they can attract and retain their most valuable asset: employees. 

Why GCP: “CultivatePeople began using GCP when integrating SSO/SAML authentication after  our SaaS product became a high priority. We were able to exceed our clients’ expectations and increase their level of trust in our platform’s capabilities. We’re currently investigating additional machine learning products, such as Cloud AutoML, that will allow us to quickly deliver exciting features.” 

Note from the Founder: “I grew up with immigrant parents who value stability and are risk-averse. My parents discouraged me from starting my own company because they didn’t want to see me struggle financially or see my health suffer (due to stress). I felt strongly about what CultivatePeople could do, so I started the company as a sole founder in 2017 and watched it double in size year over year since. While the ones I love most may not have cheered me on initially, it was important for me to hang on to the encouraging words of former bosses, executives, and founders to keep me focused on my mission. 

My advice for other AAPI founders is to be a “silent assassin” and believe in the mission and values of your organization. Always remember to stop along the way and: 

 1) Enjoy the journey by celebrating wins and giving yourself credit;

2) Follow your intuition—it’s (almost) always right; 

3) Recognize and invest in your people regularly (ie. give increases more than once a year, if warranted);

4) Give regular words of affirmation to employees on even small achievements.”

Swit

Founder: Josh Lee and Max Lim

Description: Swit is a team collaboration platform that seamlessly combines team chat with task management by allowing teams to turn their conversations into trackable tasks and share tasks to chat with simple drag-and-drop functionality, ensuring everyone is on the same page and projects get done faster.

Why GCP: “Swit is a cross-category hybrid work tool for chat and tasks. This functionality requires more complicated and heavier architecture for performance. So, configuring and managing virtual machines was really challenging to scale up our systems, while handling occasional unexpected traffic surges and frequent updates. Eventually we divided our monolithic architecture into 35 microservices when we launched our official product. The migration to GKE took around one month, and it turned out to be well worth the effort—our systems became able to offer high scalability and enough resilience to keep its uptime no matter what happened. Now we’re operating 84 workloads and 252 microservices with high stability with remarkably low downtime – less than 0.00001%/year.”

Note from the Founder: “As an AAPI founder based in Silicon Valley, I feel proud of the work ethics and diligence fellow Korean American entrepreneurs and professionals have long demonstrated here. Especially with K-pop breaking into the mainstream, I feel even more proud of our culture that strives toward an absolute perfection molded through years of training and dedication. The mission-driven culture of Silicon Valley coupled with Google’s edging technology and creativity really helped us build a product that not only encompasses verticals but also transcends cultures. Swit is growing at an unprecedented rate, and we hope  to join the long list of successful AAPI entrepreneurs here. Swit’s close network with the AAPI community wouldn’t have been possible without Google support. We are grateful for this collaborative environment, and we hope to become the next-generation ambassador for collaboration after Google.” 

Check out more from Swit in their founder story.

WISY 

Founder: Min Chen

Description: Wisy develops technology to bring digital efficiency into the physical world, supporting consumer products businesses and making them thrive in the new economy. All of us have a bad experience when we can’t find the product we want to buy. That is a $1.9T problem in the consumer-packaged goods industry that Wisy is solving with AI and analytics to help manufacturers and retailers sell more by reducing out-of-stocks and waste at a global scale.

Why GCP: “GCP has an intuitive, easy to use interface, was lower cost, and offered preemptible instances with flexible compute options. Some of the reasons why Wisy decided to use GCP include instance and payment configurability, privacy and traffic security, cost-efficiency, and Machine Learning.

Wisy has been able to advance quickly with product development, as well as collaborate better and iterate faster in the creation of our AI models, while reducing costs by 40%. At Wisy, we are solving a problem that affects everyone who shops at a store.“

Note from the Founder: “Two years ago, I moved to San Francisco to expand my second startup, Wisy. This is when I learned that my name ‘Min’ stands for ‘minority.’ I was born in China, raised in a Black community in Panama, received scholarships to attend both Carnegie Mellon and UC Berkeley. I worked for 20 years in several countries, but I have never felt so discriminated against due to my race, ethnicity, gender and age than during my time in Silicon Valley. However, this is also the place I learned that my diverse life experience is my competitive advantage. My background enables me to recruit and relate to people in different countries, create scalable and flexible products for multinational customers, and run global operations efficiently.

My recommendation to AAPI founders is to find strength in their multicultural background. Don’t hide what makes you unique, do not limit yourselves, and do not let others limit you. You will lose your edge when trading authenticity for validation. Be proud and own your story.”

If you want to learn more about how Google Cloud can help your startup, visit our Startup Program application page here and sign up for our monthly startup newsletter to get a peek at our community activities, digital events, special offers, and more.To learn more about how you can help #StopAsianHate during Asian Pacific American Heritage Month and beyond, visit their website here.

Editor’s note: This post is part of an ongoing series on IT predictions from Google Cloud experts. Check out the full list of our predictions on how IT will change in the coming years.

Prediction: By 2025, over half of cloud infrastructure decisions will be automated by AI and ML

Google’s infrastructure is designed with scale-out capabilities to support billions of people, powering services like Search, YouTube, and Gmail every day. To do that, we’ve had to pioneer global-scale computing and storage systems and shorten network latency and distance limitations with new innovations. Along the way, we’ve come to see cloud infrastructure as more than a simple commodity — it’s a source of inspiration and new capabilities.

But even as the demand on the industry’s cloud infrastructure continues to increase, there are simultaneously plateaus in the efficiency available from the underlying hardware. In the past, we saw annual performance gains of 30-40%, levels that often enabled a single infrastructure configuration to meet the needs of the vast majority of workloads. As these improvements have slowed and new workloads such as AI/ML and analytics have emerged, we have seen a corresponding explosion in the variety and capability of infrastructure. While empowering, the burden of picking the right combination of infrastructure components for a given workload still falls on an organization’s cloud architects.

But by 2025, we predict that the burden and complexity of infrastructure decision making will disappear through the power of AI and ML automation, which will automatically combine purpose-built infrastructure, prescriptive architectures, and an ecosystem to deliver a workload-optimized, ultra-reliable infrastructure. The focus for cloud architects will therefore be on enabling business logic and innovation, rather than how that logic maps to underlying infrastructure.

Already, we are making investments to turn this vision into reality, building custom silicon like the Infrastructure Processing Unit (IPU) for our new C3 VMs or a liquid-cooled board for the new tensor processing unit. The latter, the TPU v4 platform, is likely the world’s fastest, largest, and most efficient machine learning supercomputer. It can train large-scale workloads up to 80% faster and 50% cheaper than alternatives. Put another way, TPU v4 will nearly double the performance of critical ML and AI services at half the cost, unlocking new possibilities for what organizations can achieve when leveraging large-scale learning and inference for business services.

The TPUv4

These same IPUs and TPUs represent the foundation that will make it possible to automate cloud infrastructure decisions. They’ll be able to support the telemetry data and ML-based analytics for proactive infrastructure recommendations that will increase the performance and reliability of workloads.

Instead of determining hardware specifications and building the right infrastructure, you’ll only need to specify a workload. AI and ML will take over the burden and recommend, configure, and identify the best options based on your budgetary, performance, and scaling requirements. What is most exciting for us is how this will enable a much more rapid pace of service innovation, which is the primary end goal of great cloud infrastructure.

Editor’s note: Earth Day reminds us that we all can contribute to creating a cleaner, healthier, and more sustainable future. Google Cloud is excited to celebrate innovative startup companies developing new technology and driving sustainable change. On this year’s Earth Day we’re highlighting Enexor BioEnergy and their initiative to produce clean, sustainable energy from plastic and agro-waste with the help of Google Cloud solutions.

Picture a world without electricity where billions of people burn dangerous fuels and trash from landfills to cook meals and heat their homes. Children constantly cough, choking on toxic smoke that lingers in houses and sickens entire families. Because there are no pumps or purification plants, contaminated water is hauled in buckets from dirty rivers and polluted wells. Without power or lights, hospitals and emergency medical clinics can only provide basic services during the day.

Although it is 2022, this harsh life is a reality for billions of people living in developing countries around the world.

Producing clean energy from plastics and organic-waste

This Earth Day, let’s imagine what life would be like in these countries if people had access to safe and inexpensive bioenergy. In this world, indoor air is fresher. Clean water runs from faucets, while homes, businesses, and schools have electricity. Doctors and nurses have the power to treat patients 24 hours a day and save lives with advanced medical equipment. Local economies boom and entrepreneurs thrive.

This is the sustainable future Enexor BioEnergy and its partners are building—one village at a time. With the Enexor Bio-CHP™ system, we produce clean and sustainable energy from discarded plastics, organic, and biomass-waste such as rice and corn husks, seaweed, coconuts, and other biomatter while offsetting significant Carbon emissions. The Bio-CHP can be commissioned and easily installed in just a single day, with multiple systems installed side-by-side when more power is needed. By being offered under its novel Energy-as-a-Service business model, Enexor ensures that the Bio-CHP can generate immediate environmental positive impact and customer adoption.

Each Bio-CHP unit generates enough energy to power over 100 homes—and provides much-needed renewable electricity and thermal power for schools, businesses, manufacturing facilities, water pumps, Wi-Fi systems, and telecommunications towers. The Bio-CHP creates clean energy by safely oxidizing plastics and biomatter in a secure container using a high-temperature system to power a micro-turbine. This produces bioenergy, significantly reducing harmful greenhouse gas emissions.

By solving a community’s waste issues while providing more affordable renewable energy, the Bio-CHP also creates new economic opportunities and improved outcomes where it is installed. This includes using its inexpensive power to expand local services and offerings, and empowering local community clean up efforts by incentivizing waste collection via blockchain-enabled digital currencies and services such as PayGo. Additionally, the Bio-CHP is an ideal solution for businesses who desire to maximize their own sustainability efforts, gain greater energy resiliency, and save money on their current energy and waste costs.

Engaging in Google for Startups Accelerator: Climate Change

When developing the Bio-CHP, we realized we needed a reliable and experienced partner to help us incorporate the best in class machine learning and artificial intelligence into our technology. That’s why we joined the Google for Startups Accelerator and participated in the Google for Startups Accelerator: Climate Change.

The accelerator introduced us to other companies working to create a sustainable future and opened new opportunities for collaboration and partnerships. The accelerator also continues to give our small team access to the best of Google Cloud’s people, programs, and solutions. We especially want to highlight Google Cloud’s dedicated startup experts and the incredible technical support they provide, as well as the Google Cloud research credits we used to explore new solutions.

As an example, Enexor is developing a predictive maintenance tool that automatically adjusts Bio-CHP operations to match fuel composition. Another tool in development proactively identifies and flags potential Bio-CHP system and component failures—before they occur.

Google Cloud’s dedicated startup experts work closely with Enexor to develop predictive models for these tools and Enexor also used the Google Cloud research credits that were provided to build these advanced models on TensorFlow, Vertex AI, Cloud CDN and AutoML. Since each system is remotely monitored from Enexor’s global headquarters in Tennessee, predictive maintenance tools also increase the safety, reliability, and efficiency of Bio-CHP in off-grid locations.

Generating 13 billion kWh of clean power by 2040

In the future, Enexor plans to explore additional Google Cloud solutions such as BigQuery to crunch larger datasets, Google Data Studio to build dashboards, and perhaps even Google Cloud Tensor Processing Units (TPUs) to more efficiently process machine learning (ML) workloads.

These solutions will help Enexor to achieve three primary goals by 2040: to generate 13 billion kWh of clean power, reduce 120 million tons of CO₂, and provide one million people with access to clean and sustainable energy. With each Bio-CHP system, Enexor annually reduces up to 2,000 metric tons of CO₂ equivalent emissions by decreasing methane emissions released from landfills, offsetting fossil fuel-based power generation with carbon credits and minimizing waste disposal transportation emissions.

Enexor is now preparing to deploy the Bio-CHP in Accra, Ghana where it will convert organic and plastic manufacturing waste into sustainable energy. Enexor is also looking forward to working with the local Accra community and NGOs to collect discarded plastics and organic waste diverting it from ending in the rivers and oceans and instead using them as renewable fuel sources. We can’t wait to see what we accomplish next as we celebrate Earth Day 2022 and think about the sustainable future Enexor is helping to empower.

If you want to learn more about how Google Cloud can help your startup, visit our page here to get more information about our program, and sign up for our communications to get a look at our community activities, digital events, special offers, and more.