In my recent No Jitter post, Innovation in Strange Places, I discussed the trends and challenges that are influencing the way we blend our physical and virtual environments to shape the future of the collaborative workspace. I pondered on everything from generational (GenX, GenY, and Baby Boomer) differences, to adaptive and intelligent user experiences, to truly pervasive and interoperable communication technologies. When these factors come together, I believe they will enable us to connect the unconnected and to make the vision of any device, any application, from any location a reality–not just a tag line. Read More »
Last week, I presented at the Colorado Innovation Summit in Denver, Colorado where leaders from higher education, industry, start-ups, government, and research labs came together to discuss a wide array of innovation topics such as technology, education, social entrepreneurship and economic development. The need to transform and revitalize communities around the world to make public services and communications anywhere and on any device more accessible was one of the hot topics.
Today, we are experiencing the largest economic and social shifts in history including an aging population – countries like the U.S., Japan and China are going to see its elderly population over 65 years old more than double before the year 2050. As a result, millions of new jobs will need to be created and productivity needs to be significantly increased to absorb the burgeoning working-age population. We are also observing other shifts: economies are shrinking in Europe, Germany and Russia while economies like Nigeria and Saudi Arabia and Egypt are seeing hyper-growth numbers. In both these economic situations, increasing productivity to increase income and overall living standards is vital. These and other trends we call the Internet of Everything (IoE) highly resonated with attendees as they saw that having the ability to anticipate customer needs and how to solve their problems creates a huge opportunity for global companies.
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:
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.
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.
I 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.
Are 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 »