Cloud and AI Paves the Future of Finance: Excerpts from FIA Boca 2022 - Build What's Next
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Cloud and AI Paves the Future of Finance: Excerpts from FIA Boca 2022

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Majority of businesses in the financial markets offer services on cloud. As cloud consumption mostly increases over the next few months, there are new ways technologies can help lay the foundation for the finance industry. Read more!

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.

Case Study

Mid-Sized B2B Firm Achieves the Business Trifecta with a Single Strategy

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How a single strategy allowed AfterShip to innovate, generate new revenue channels, and improve customer experience; shrink turnaround time, costs and downtime; and scale its business quickly—while keeping its team small. Find out.

Thirteen years’ experience in e-commerce has given Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip, a deep understanding of the challenges of shipping and tracking packages to customers worldwide.

“The key problem many merchants face is customers asking ‘where is my order?’ and ‘when I will get the package?’” Chan says. “When I considered this issue, I came up with the idea of AfterShip.” Chan helped found AfterShip in 2011 to enable merchants to keep track of packages sent to customers via a web portal or an API. AfterShip also allows merchants to notify customers of anticipated delivery times.

“Using AfterShip, merchants can provide the same experience to buyers regardless of which couriers they use,” Chan says. “Merchants can also improve their customer engagement by including up-selling or marketing content with their delivery notifications.”

Hong Kong-headquartered AfterShip continues to grow quickly and now has a 40-person team. Thirty members of this team are based on the China special administrative region and 10 are based in India.

“Google Cloud Platform has a network of global datacentres with deep connectivity that enables us to put our infrastructure close to our customers. In addition, the ability to horizontally scale our global database using tools such as Google Cloud Spanner eliminates any limits on our geographic expansion.”

Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip

By October 2017, the business was tracking about 30 million packages per month and had expanded its services to include label and rate calculation and self-service return. Revenue, package transaction numbers and team size have doubled every year for the past three years, while more than 300,000 merchants and 426 couriers are signed up to the service. Key customers include Wish, Etsy and Groupon.

Close to half AfterShip’s customers are based in the United States, about one third in Europe and the remainder are located in Asia. AfterShip had initially delivered its applications and services from an incumbent public cloud service. However, the company wanted to continue its growth trajectory while automating key infrastructure processes, implementing a continuous deployment model and controlling costs.

The business needed to achieve these objectives while maintaining a global presence and high-quality service. AfterShip started reviewing its options and decided to migrate to Google Cloud Platform (GCP). “Google Cloud Platform has a network of global datacentres with deep connectivity that enables us to place our infrastructure close to our customers,” Chan says.

“In addition, the ability to horizontally scale our global database using tools such as Google Cloud Spanner eliminates any limits to our geographic expansion. Furthermore, the managed services provided through GCP would allow us to focus on building better features for online merchants.” The reliability provided by GCP would also enable AfterShip to meet the stringent service level requirements of large digital marketplaces in the United States, Asia and elsewhere.

“Google Cloud Platform could manage the high volumes and enable us to deliver the service levels that would realise our ambition of becoming the number one tracking API platform in the world,” Chan says. “For example, with Google Cloud Platform, we can provide a 99.95% monthly uptime service level to our customers.” Finally, GCP provided managed solutions, including Google Kubernetes Engine powered by open source container orchestrator Kubernetes, that would enable AfterShip to automate processes such as scaling and enable its team to focus on developing applications.

AfterShip has moved its websites into GCP infrastructure in three datacentres around the world and anticipates completing the migration in Q4 2017. “Google provided a lot of assistance, particularly early in the project when we needed it,” Chan says. “They briefed us on several services we hadn’t known about that could replace the equivalents in the public cloud we were using previously.” The business then completed the migration using its own skilled team members. As well as Google Kubernetes Engine and Google Cloud Spanner, AfterShip is using Google BigQuery to store and analyse transaction information.

“Google Cloud Platform could manage the high volumes and enable us to deliver the service levels that would realise our ambition of becoming the number one tracking API platform in the world.”

Teddy Chan, Chief Executive Officer and Chief Technology Officer, AfterShip

Deployment times down from one hour to two minutes

With deployment times falling from up to one hour in its previous cloud environment to about two minutes in GCP, AfterShip has been able to adopt a continuous deployment model. “This has improved our service levels,” Chan says. “If there are any issues we can fix them quickly, while we can iterate faster to create new features in response to customer requests or changes in the market. “This enables us to continue to lead our competitors.”

Targeting a 30 percent reduction in costs

AfterShip is now targeting a 30% reduction in costs by optimising its use of Docker containerisation technology on GCP.

“By using Docker with Kubernetes, we have been able to fine-tune our use of compute resources and better control our costs,” Chan says. “We’re extremely pleased with Google Cloud Platform as it really is built for engineers,” he adds. “In addition, its documentation is extremely clear, allowing us to troubleshoot or carry out activities on the platform ourselves. “We look forward to continuing to grow and extend our package tracking and associated services with Google Cloud Platform.”

Explainer

Thinking of a Multicloud Journey? Here’s What Our Experts Want You to Consider

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Are you thinking of kickstarting a multicloud journey? We have complied what Google Cloud's experts have to say on the do's and dont's while evaluating your organization's multicloud aspirations for value generation across processes and business.

Do you want to fire up a bunch of techies? Talk about multicloud! There is no shortage of opinions. I figured we should tackle this hot topic head-on, so I recently talked to four smart folks—Corey Quinn of Duckbill Group, Armon Dadgar of Hashicorp, Tammy Bryant Butow of Gremlin, and James Watters of VMware—about what multicloud is all about, key considerations, and why you should (or shouldn’t!) do it.

Five important insights came out of these discussions. If you’re on a multicloud journey or considering one, keep reading.

Do: Choose to do multicloud for the right reasons

Don’t do multicloud because Gartner says so, implores Corey Quinn. Before embarking on a multicloud, define a “why” focused on business value journey, says Armon Dadger. For example, you might want to use services from each public cloud because of their differentiated services, according to Tammy Bryant Butow. Armon also calls out regulatory reasons, existing business relationships, and accommodating mergers and acquisitions. On the topic of M&A, Corey points out that if you acquire a company that uses another cloud, it’s usually expensive and difficult to consolidate. It can be smarter to stay put.

https://youtube.com/watch?v=xFSDexQhCUY%3Fenablejsapi%3D1%26

Don’t: Over-engineer for workload or data portability

Thinking that you’ll build a system that moves seamlessly among the various cloud providers? Hold up, says our group of experts. Armon points out that aspects of your toolchain or architecture may be multicloud—think of some of your workflows or global network routing—but that shifting workloads or data is far from simple. Corey says that trying to engineer for “write once, run anywhere” can slow you down, and ignores the inherent uniqueness that’s part of each platform. Specifically, Corey calls out the per-cloud stickiness of identity management, security features, and even network functionality. And data gravity is still a thing, says James, that causes some to dismiss multicloud outright.

If you’re using multiple public clouds, you take advantage of the distinct value each offers, Armon says. Use native cloud services where possible so that you see the benefits from useful innovations, built-in resilience, and baked-in best practices. The value from that cloud-infused workload may outweigh the benefits of seamless portability.

https://youtube.com/watch?v=B1VH56_L8f8%3Fenablejsapi%3D1%26

Do: Recognize different stakeholder interests and needs

James smartly points out that many multicloud debates happen because people are arguing from different perspectives. Context matters. If you’re an infrastructure engineer who invests heavily in a given cloud’s identity and access management model, multicloud looks tricky. Or if you’re a data engineer with petabytes of data homed in a particular cloud, multicloud may look unrealistic. James highlights that many developers default to multicloud because their local tools—where all the work happens—are multicloud. A developer’s IDE and preferred code framework(s) aren’t tied to any given cloud. Be aware that groups within your organization will come at multicloud from distinct directions. And this may impact your approach!

https://youtube.com/watch?v=I9sqXDqkKBM%3Fenablejsapi%3D1%26

Don’t: Go it alone

Corey talks about the importance of asking others what worked, and what didn’t. Tammy offers her best practices around sharing results from experiments. It’s about sharing knowledge and tapping into it for community benefit. Others have probably tried what you’re trying, and can help you avoid common pitfalls. If you’ve just made an architectural choice that didn’t work out, share it, and help others avoid the pain. 

Read research from analysts, go to conferences or watch videos to observe case studies, and join online communities that offer a safe place to share mistakes and learn from others.

https://youtube.com/watch?v=mrSb5vqOfuI%3Fenablejsapi%3D1%26

Do: Experiment first using techniques like multi-region deployments

If you think you can operate systems across clouds, how about you first try doing it across regions in a specific cloud, suggests Corey. Getting a system to properly work across cloud regions isn’t trivial, he says, and that experience can help you uncover where you have architectural or operational constraints that will be even worse across cloud providers.

This is great guidance if your multicloud aspirations involve using multiple clouds to power one application—versus the more standard definition of multicloud where you use different clouds for different applications—but can also surface issues in your support process or toolchain that fail when faced with distributed systems. Start with muti-region deployments and chaos engineering experiments before aggressively jumping into multicloud architectures.

The Google Cloud take

Do the things above. It’s great advice. I’ll add three more things that we’ve learned from our customers.

  1. Don’t fear multicloud. You’re already doing it. You don’t single-source everything. As Corey mentioned, you probably already have one cloud for productivity tools, another for source code, another for cloud infrastructure. You’ll use software and application services from a mix of providers for a single app. You have that experience in your team and have been doing that for decades. What people do rightly worry about is using more than one infrastructure service beneath an application, as that can introduce latency, security, and logistical hurdles. Make sure you know which model your team is considering.
  2. Embrace the right foundational components, including Kubernetes. Will everything run on Kubernetes? Of course not. Don’t try to do that. But it also represents the closest thing we have to a multicloud API. Companies are using Kubernetes to stripe a consistent experience across clouds. And this isn’t just to orchestrate containers, but also to manage infrastructure and cloud-native services. Also, consider where you need other fundamental consistency across clouds, including areas like provisioning and identity federation.
  3. Use Google Cloud as your anchor. Here’s a fundamental question you have to decide for yourself: Are you going to bring your on-premises technology and practices to the cloud, or bring cloud technology and practices on-prem? We sincerely believe in the latter. Anchor to where you’re trying to get to. We offer Anthos as a way to build and run distributed Kubernetes fleets in Google Cloud and across clouds. By using a cloud-based backplane instead of an on-prem one, you’re offloading toil, leveraging managed services for scale and security, and introducing modern practices to the rest of your team.

We learned a lot about multicloud through these discussions, and it seems like others did too. That’s why we’re going to do a second round of interviews with a new crop of experts so that we can keep digging deeper into this topic. Stay tuned!

Blog

What’s New in Retail: Bits from Google Cloud’s Retail & Consumer Goods Summit

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Google Cloud transforms the retail industry with solutions for digital and omnichannel growth, data-driven and customer-focused experiences, and operational improvement.

Today we’re hosting our Retail & Consumer Goods Summit, a digital event dedicated to helping leading retailers and brands digitally transform their business. For me, this is a personally exciting moment, as I see tremendous opportunities for those companies that choose to focus on their customers and leverage technology to elevate experiences.

Our event includes breakout sessions to help retailers and brands become customer centric, embrace the digital moment and transform their operations. Some of my favorite sessions include: 

I’ll be speaking in our Retail Spotlight session, discussing the current retail landscape and our industry approach, followed by conversations with Albert Bertilsson, Head of Engineering – Edge at IKEA Retail (Indga Group) and Neelima Sharma, Senior Vice President, Technology Ecommerce, Marketing and Merchandising at Lowe’s. 

Let me share a bit more about the topics we’ll discuss in that session.

In retail specifically, digital-first shopping journeys are blurring the lines between the physical and digital brand experience. Shoppers want to know what’s available before they visit your stores, and they expect fulfillment options like curbside pickup. We see this when tracking trends for interest in curbside pickup or in-stock items.

google search results.jpg

This has left many retailers asking how they can get smarter with their data, tackle the $300 billion dollar problem of “search abandonment,” move faster to create new customer experiences, and do a better job of connecting their employees and customers – with confidence.

Our team has been spending time thinking about how we can rise and succeed in this new era together. We continue to focus on areas where we can bring the best of our capabilities to our retail customers around the world. And we’re focused on ways we can bring the best of what Google has to offer through cloud integrations.

Our goal is to help retailers become customer-centric and data-driven, capture digital and omni-channel revenue growth, create the modern store and drive operational improvement.

ways we're helping retailers transform.jpg

Let’s dig into each of these strategic pillars in a bit more detail. 

Become customer centric and data driven

Customers today expect experiences that are timely, targeted, and tailored for them and their needs, and reject experiences that can’t deliver these features. Data modeling, legacy technology, and siloed systems often prevent retailers from providing that level of personalized experience. 

At Google Cloud, we work with global retailers and our ecosystem partners to activate and bring value from first-party data, particularly in the field of customer data platforms (CDPs). This includes integrations from Google Cloud, such as our business intelligence platform Looker and other popular platforms to power one source of customer data through the organization. We also help retailers modernize their data warehouse with Looker for gathering business intelligence across their organization. This is important not just for consumer data, but inventory, supply chain, and store operations as well. 

Capture Digital and Omnichannel Growth 

We power some of the largest e-commerce sites in the world, helping them scale for Black Friday, Cyber Monday, and other holiday events. While scale is critically important, it’s also important to consider the quality of the online experience. How do your customers find products? How can you help deliver seamless online and omnichannel experiences? 

To help, we’re building product discovery solutions that bring together the best of our technologies that help retailers drive engagement with their consumers. Retail Search, for example, gives retailers the ability to provide Google-quality search on their own digital properties – search that is customizable for their unique business needs and built upon Google’s advanced understanding of user intent & context. 

The imperative is clear. Recent research found that retailers lose more than $300 billion to search abandonment — when purchase intent is not converted into a sale due to bad search results — every year in the US alone. 

Today, we announced that Retail Search is available to a larger set of retailers. If you are interested in learning more about Retail Search you can contact your sales representative for additional details.

Create the modern store  

With the rise of buying trends like curbside pickup and proximity-based search, our Google Maps Platform team is working on new products and features to help raise inventory awareness for your shoppers. We want to help you make it easier for them to understand what’s available to purchase in their channel of choice.

With Product Locator, each product page connects customers with information they need for local pickup and delivery options. This ensures customers are aware of pickup and delivery options throughout the buying journey—not just checkout. 

Awareness of local inventory can boost a wide range of key metrics for your business. Shopify recently shared that shoppers who opt for local pickup over delivery had a +13% higher conversion rate and that 45% of local pickup customers make an additional purchase upon arrival.

This is just one quick example of how our Google Maps Platform team can improve experiences for your shoppers.

Operational improvement

It can be challenging to operate in a world and at a time when consumer behavior and supply chains are so disrupted and volatile, and where entire retail teams had to go remote during the pandemic and beyond. 

We’re working with retailers to leverage artificial intelligence (AI) to improve consumer experience through chat bots or conversational commerce that solves problems for customers from anywhere. You can learn more about these offerings in our Conversational Commerce with Google breakout session, featuring Albertsons.

As the need for digital transformation continues to accelerate, Google Cloud is helping retailers stay ahead of the curve with solutions for digital and omnichannel growth, data-driven and customer-focused experiences, and operational improvement. For every era of cloud technologies, from the past into the future, Google Cloud is committed to providing solutions to retailers.

Read more about our solutions for retail, and check out additional sessions, including the CPG Industry Spotlight Session How To Grow Brands in Times of Rapid Change – Featuring L’Oréal at our Retail & Consumer Goods Summit.

Blog

Tau VMs Joins Google Cloud to Offer Cost-effective Performance of Scale-out Workloads

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Tau VMs joins Google Cloud family, leveraging the best of Google's experience in engineering platforms for scale-out workloads, to deliver the best combo of pricing and performance while also guaranteeing great UX. Learn more!

Scale-out workloads demand the best combination of performance and price to bring down the cost of delivering applications, all while providing an excellent user experience. We are excited to announce a new virtual machine (VM) family, Tau VMs, coming to Google Cloud. Tau VMs extend Compute Engine’s VM offerings with a new option optimized for cost-effective performance of scale-out workloads. 

T2D, the first instance type in the Tau VM family, is based on 3rd Gen AMD EPYCTM processors and leapfrogs the VMs for scale-out workloads of any leading public cloud provider available today, both in terms of performance and workload total cost of ownership (TCO). The x86 compatibility provided by these AMD EPYC processor-based VMs gives you market-leading performance improvements and cost savings, without having to port your applications to a new processor architecture. 

As illustrated below, Tau VMs offer 56% higher absolute performance and 42% higher price-performance (est. SPECrate2017_int_base) compared to general-purpose VMs from any of the leading public cloud vendors.

1 est performance.jpg
2 est performance.jpg
* Results are based on estimated SPECrate®2017_int_base run on production VMs of two other leading cloud vendors and pre-production Google Cloud Tau VMs using vendor recommended compilers. View testing details here.
SPECrate is a trademark of the Standard Performance Evaluation Corporation. More information available at www.spec.org
3 coremark performance.jpg
* Results are based on using GCC compiler with all VMs. View testing details here.

What our customers and partners are saying

Snap
“At Snap, it is critical for our business to continue improving our scale-out compute infrastructure for key Snapchat capabilities like AR, Lenses, Spotlight and Maps,” said Cody Powell, Senior Engineering Manager, Snap Inc. “We were impressed when we tested Google Cloud’s new Tau VMs with Google Kubernetes Engine. While it’s early days, we believe we can gain double digits in infrastructure performance improvements for key workloads—enabling us to do more with less and invest even more in new features for our amazing Snapchat community.”

Twitter
“High performance at the right price point is a critical consideration as we work to serve the global public conversation,” said Nick Tornow, Platform Lead, Twitter. “We are excited by initial tests that show potential for double digit performance improvement. We are collaborating with Google Cloud to more deeply evaluate benefits on price and performance for specific compute workloads that we can realize through use of the new Tau VM family.”

DoiT
“DoiT partners with leading cloud vendors who are focused on growth and cost optimization,” said Yoav Toussia-Cohen, CEO, DoiT International. “In our preliminary testing of Google’s new Tau VMs with the Coremark benchmark, we were thrilled to see the incredible performance at 50% better than a comparable ARM-based offering from another leading public cloud. With Tau VMs, Google Cloud has set a new bar for price-performance, making the cloud even more accessible to digital-native companies. We are excited to bring Google’s Tau VMs to our joint customers.”

Designed for demanding scale-out workloads 

Tau VMs bring the benefit of Google’s long-standing experience engineering platforms for scale-out workloads to our customers. They come in multiple predefined VM shapes, with up to 60vCPUs per VM, and 4GB of memory per vCPU. They offer up to 32 Gbps networking bandwidth and a wide range of network attached storage options, making Tau VMs ideal for scale-out workloads including web servers, containerized microservices, data-logging processing, media transcoding, and large-scale Java applications. 

Google Kubernetes Engine support

Google Kubernetes Engine (GKE) is the de facto standard for organizations looking for advanced container orchestration, delivering the highest levels of reliability, security, and scalability. GKE supports Tau VMs on day 1, helping you optimize price-performance for your containerized workloads. You can add Tau VMs to your GKE clusters by specifying the T2D machine type in your GKE node-pools

Pricing

Tau VMs will be priced to support significant TCO and price-performance improvements for your cloud applications. A 32vCPU VM with 128GB RAM will be priced at $1.3520 per hour for on-demand usage in us-central1. 

Coming soon to a Google Cloud region near you

If you are interested in trying out T2D VMs when they become available in Q3 2021 please sign-up here.

Blog

New Histogram Features in Cloud Logging Make it Easier to Track Log Volumes, Errors and Anomalies!

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Google Cloud announces new histogram controls in three separate colors for dynamic visualization of trends in logs. These histograms make Cloud Logging the best option to troubleshoot Google Cloud logs with effective visualization.

Visualizing trends in your logs is critical when troubleshooting an issue with your application. Using the histogram in Logs Explorer, you can quickly visualize log volumes over time to help spot anomalies, detect when errors started and see a breakdown of log volumes. But static visualizations are not as helpful as having more options for customization during your investigations. 

That’s why we’re excited to announce that we recently added three new query controls along with separate colors for log severity to the histogram. These new features make it even easier to refine and analyze your logs by time range. The new histogram controls help find logs before or after the current period, jump to a specific time range represented in a histogram bar and zoom in/out of the current time window in the histogram.

Histogram colors

The histogram now makes it easier to view the breakdown of logs by severity with the introduction of color coding. For example, the severity colors make it easy to spot an increasing number of errors even when the volume of requests is relatively constant. Looking at the histogram below, the red vs blue shading makes it clear that there has been an increase in overall log volume and provides a visual breakdown of errors within that log volume.

Histogram- Logging
A screenshot of the new color coding for logs in the histogram

Pan left/right to scroll through time

Sometimes in your troubleshooting journey, you may want to look at the logs directly before or after the current set of logs. Perhaps there was an unexpected spike in errors at the beginning of the time range and you need to see the logs in the time period directly preceding the current time range. Pressing the left arrow on the left side of the histogram shifts the time range earlier while the arrow on the right side of the histogram shifts the time range ahead. Either arrow will refine the time range in the query and rerun the query to return the logs in the new time range.

histogram panning gif
An example of the right and left scrolling to adjust which time frame you are viewing in the histogram 

Zooming in or out 

Zooming in or out from a given time range may be useful to visualize fine-grained details or a broader trend Clicking the zoom in or out icons in the upper right corner of the histogram refines the time range in the query and then reruns the query, returning the logs in the newly defined time range.

histogram zoom
A view of the zoom in and zoom out feature to adjust the time scale of the histogram

Scrolling to time 

If you see a large spike in logs volume in the histogram, it’s useful to quickly review the logs generated during that spike. Clicking on the histogram bar that contains the spike now scrolls you to the logs generated during that time period.

histogram scrolling
Click on the histogram bar to filter the logs view

Where to find the histogram 

The histogram is a panel in Logs Explorer that can be displayed or hidden using the controls in the Page Layout menu. When you no longer want to display the histogram, click the “X” button in the upper right corner to quickly close it. To open it again, use the same Page Layout menu to enable the histogram display.

Enable histogram
A view of where to find the histogram in the Page Layout menu in Logs Explorer

Get started with the histogram

These improvements move the histogram from a utility for visualization to an integral part of the troubleshooting journey. We are continuously working to launch new features that make Cloud Logging the best place to troubleshoot your Google Cloud logs. If you are not already a Cloud Logging user, review this getting started documentation or watch a quick video on troubleshooting services on Google Kubernetes Engine (GKE) to learn more. If you have specific questions or feedback, please join the discussion on our Google Cloud Community, Cloud Operations page.

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Whitepaper

The Pathway to Innovation: Migrating SAP to the Cloud

While innovation remains a top priority across all industries, many companies are not achieving the results they want from their innovation efforts. As companies migrate their SAP enterprise resource planning (ERP) systems to the cloud, technology leaders see this as an opportunity to reimagine business processes and propel their innovation

Blog

Navigating the Next Wave of B2B Digital Commerce: Trends and Insights for 2023

Editor’s note: Google Cloud partner commercetools shares how modern technologies like composable commerce, cloud-native infrastructure and artificial intelligence/machine learning (AI/ML) will lead the way in business-to-business (B2B) digital commerce this year. Digital commerce in B2B has been predicted as the next big thing for years; yet, at the start of

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