Even with modern high-speed processors and bandwidth, many systems implement intensive data reporting components that tax resources. Even very small improvements in reporting efficiencies can result in significant cost and resource savings, as well as improvements in the performance of such resources. Recording facts (e.g., events) with a standardized time and time interval based upon a universal reference, such as Coordinated Universal Time (UTC), and reporting based upon local time and local intervals improves data processing throughput with limited report granularity. For example, since forty-eight intervals comprise most of the world's time zones, reports simply designating facts as occurring within one of the forty-eight intervals and one of the thirty-minute intervals greatly improves operability and throughput.
