The document discusses BigBench, an open-source benchmark standard for big data that evaluates Hive and Spark using various queries from TPC-DS and additional machine learning and NLP use cases. It highlights the performance improvements of Hive on Tez compared to MapReduce and Spark, and suggests that Apache Tez combined with Spark MLlib is the best approach for production. The benchmark tests a 100 GB dataset across different configurations, revealing Hive on Tez as the most efficient option.