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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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#ExecInsights:Brazil Spotlights Innovation and the Internet of Everything

As Cisco’s executive sponsor for Brazil, I had the honor and privilege to launch our new Rio de Janeiro Center of Innovation on August 22.

IMG_8644I am very excited about the opportunities the Rio Center of Innovation can provide to enable growth – this venture is just one of many investments we are making to develop applications and solutions to foster what we call the Internet of Everything – expected to generate $613B in global profits in 2013, and $14.4 trillion of potential economic “value at stake” over the next decade. The facility will support local companies to develop applications and solutions intended to connect the 99 percent of things that still remain unconnected in the world today.

The Rio Center of Innovation will allow local companies to take advantage of some of the foundational technologies Cisco provides. We will join forces with our partners to create software, solutions and innovation for Brazil. Initially, we will support various sectors, such as: oil and gas; sports and entertainment; healthcare; education; public safety and security; and Smart grid.

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Solve My Business Problems, Accelerate Growth, and Oh yeah, Keep the Lights On?

IT and Alexander the GreatAre you an IT manager feeling the pressure to be “innovative” while still responsible for keeping the lights on? And what does it actually mean to be “innovative” in Enterprise IT?  Isn’t it just about the technology?

Today’s IT managers are not only responsible for making technology decisions, they are becoming increasingly responsible for using the network to deliver on business priorities, help solve business problems, and accelerate growth.

Whether it is headlines such as, “Today’s CIO Needs to Be the Chief Innovation Officer“ from an HBR blog, or the continued threat of Shadow IT, the pressure is on IT organizations to demonstrate their value beyond just “keeping the lights on”. Read More »

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Veterans See Improved Access to Healthcare

It’s truly amazing to think about the possibilities that advances in technology have unlocked.  No longer do the barriers of time and distance have to limit the ability for anyone to access education, healthcare and government services.  We can now connect with the push of a button. And often, it allows us to help the people who need it most.

I recently read an article by Bryant Jordan of Military.com that discusses how the Department of Veterans Affairs (VA) is changing the lives of veterans across the U.S. and helping meet their unique healthcare needs via telehealth. Veterans are able to meet with primary care physicians and specialists from the comfort of their home, minimizing the pain and hassle of traveling to medical facilities, which are often many miles away.  There’s no doubt technology has provided convenience and improved access to healthcare, but the VA has seen other positive results as well. By increasing veterans’ ability to access medical professionals and services, improving follow-up and ongoing services, inpatient bed days have been reduced by 58% and admissions have declined by 38%.  Read More »

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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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