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An Internet of Everything Startup Spotlight: John Funge, Co-Founder & CEO, BrightContext

Today I’m introducing a new series that focuses on the collective power of connections in the Internet of Everything (IoE) — and some of the new companies that are creating value from those connections. The industry is ripe with emerging IoE-focused startups that deserve to be recognized for their work in building the Internet of Everything, brick by web-enabled-brick. These various startups are making an impact in education, healthcare, home automation and more. They are led by thinkers and doers who are helping to create the future. Periodically over the next several months, we’ll take a look at some of these startups and learn more about how IoE is enabling their success — and how they, in turn, are enabling the Internet of Everything.

Recently, we had a chance to talk with John Funge, co-founder and CEO of BrightContext, a cloud-based data-stream processing platform that is helping to turn Big Data into actionable insights. Here’s how BrightContext is pioneering the growth of the Internet of Everything:

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John Funge, Co-Founder_CEO of Bright Context

John Funge, Co-Founder & CEO, BrightContext

What is BrightContext? And how does your business meet new demands in our increasingly connected world?

BrightContext is an ultra-scalable, cloud-based data-stream processing platform that makes it easy to deliver real-time stream analytics from any data source. BrightContext is used for stream analytics, live visualization, monitoring, and generating alerts from high-volume data sources such as web click and activity data, mobile activity data, social media, audience sentiment data, point-of-sale data, and transactional data.

BrightContext is taking on one of the major problems of the century – how to process a deluge of data in real time, immediately derive insights, and take action. BrightContext provides companies with a platform for monitoring and analyzing streams of Big Data in motion. It enables customers to mine that information instantly to make it actionable. This, in turn, makes it easier to use input streams to create and distribute sub-streams for others to use.

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Collaboration, Video and Mobility Drive Value in the Internet of Everything Economy

In the Internet of Everything (IoE) economy, there will be leaders and laggards, winners and losers. And collaboration, video, and mobility technologies will play a crucial role in determining who captures their share of the value at stake, which Cisco projects as a staggering $14.4 trillion. That’s equivalent to a 21 percent increase in corporate profits over the next ten years.

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The Internet of Everything (IoE) is already changing our lives in unimaginable ways as everything from clothing, cars, jet engine parts, and roads, to name a few, become “lit up” with data-generating sensors. The resulting explosion in connectivity among people, processes, data, and things —

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Under the Cloud, a Climate Change for IT

Cloud has had a deep impact on the fundamental ways in which IT services are consumed. Yet we are only on the cusp of the transformation. Cisco estimates that connections among people, processes, data, and things will surge from “only” 10 billion today to 50 billion by 2020. Cloud’s value as a key delivery system will extend to this emerging Internet of Everything (IoE) economy, connecting people, processes, data, and things. And the cloud readiness of each organization will determine its ability to reap value in an era of sweeping change.

But what is the current state of IT cloud consumption? And how do IT decision makers view the future impact of cloud?

Figure 1. Drivers of IT Change.

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Source: Cisco/Intel Cloud Study, 2013

In a wide-ranging study, Cisco® Consulting Services (CCS), in partnership with Intel®, sought to pinpoint just how these powerful trends are impacting IT. The “Impact of Cloud on IT Consumption Models” study surveyed 4,226 IT leaders in 18 industries across nine key economies, developed as well as emerging: Brazil, Canada, China, Germany, India, Mexico, Russia, United Kingdom, and the United States. In each country enterprise and midsized companies were represented. The survey was conducted during March and April 2013.

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Is Your Company Ready for the IoE Revolution?

Ever felt that you’ve spent half your life searching for a parking space? Well, it’s not that much of an exaggeration. One study estimates that typical drivers spend 2,549 hours of their lives in the aimless, money-wasting, and gas-guzzling quest for a place to park.

Now imagine that through technology — connected cars, roads, and, of course, parking spaces — you could substantially reduce all of that wasted time and money.

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Unfortunately, business and enterprise are rife with their own versions of wild goose chases for parking spaces: supply-chain deficiencies, checkout bottlenecks, quality-control failings, communication breakdowns, and, yes, clogged parking lots. These are but a few of the drags on productivity, efficiency, and innovation.

The solution for all these problems may be the same: connectivity.

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Join Cisco on the Road to Big Data

Cisco Big Data at Cloudera Sessions

 

 

 

Cloudera Sessions is coming to a City Near You!

Have you registered for the upcoming Cloudera Sessions roadshow yet?  According to IDC Analysts, the market for Big Data will reach $16.9 billion by 2015, with an outrageous 40% CAGR. As the sheer volume of data continues to climb, enterprise customers will need the right software and infrastructure to transform this data into meaningful insights.

Cisco is partnering with Cloudera to offer a comprehensive infrastructure and management solution, based on the Cisco Unified Computing System (UCS), to support our customers big data initiatives.  As a proud sponsor for this event, I would encourage you to join us at one of the following scheduled stops to learn more about our joint solutions for big data:

San Francisco 9/11

Philadelphia 9/13

Jersey City  9/18

Miami 9/19

Denver 9/26

Milwaukee 10/17  (Note: changed from 10/2 to 10/17)

Cloudera has a fantastic agenda scheduled in each of the cities featuring keynote speakers that you won’t want to miss.  I hope to see you there.

For the latest information regarding Big Data on Cisco UCS, I’ve added a couple links below for your reference:

Introducing Cisco UCS Common Platform Architecture (CPA) for Big Data, By Raghu Nambiar

Top Three Reasons Why Cisco UCS is a Better Platform for Big Data, by Scott Ciccone

Stop by and say hello and let me know if you have any comments or questions, or via twitter at @CicconeScott.

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