Java heap size issue while running reports - 8.2 P2

We recently upgraded to 8.2 P2 and has observed java heap size issue while running even OOTB reports. Physical hardware (RAM etc.) all good … (No such issues observed while we were in 8.1 P3)

Anyone face similar problem ?

We have seen this issue and are on 8.2p2. One thing you may want to do is ensure the Java JVM Memory Tuning has been completed. This is what we are looking at.
There is a compass article about this here Java JVM Memory Tuning Guide for IdentityIQ - Compass (sailpoint.com)