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SciChart receives Highly Commended in Innovation, National Business Awards 2019


SciChart receives Highly Commended in Innovation, National Business Awards 2019

Following on from our Queens Award for innovation win earlier this year we are excited to make another announcement about SciChart.

SciChart has been honoured by receiving Highly Commended in the Lloyds National Business Awards in the Innovation Category, securing a close fought Second Place!

What are the Lloyds National Business Awards?

The Lloyds Bank National Business Awards are the flagship awards programme that recognises and rewards excellence across all sectors in the UK. The awards have a range of categories suited for business competing over various aspects.

SciChart entered the Innovation category to showcase our cutting-edge technologies that bring big-data, real-time charting to Windows, iOS & Android Platforms.  We went through a rigorous multistage process including presenting live to a panel of UK Business leaders. Earlier this year we made the announcement that we were a finalist and would be attending the awards event in November 2019.

What are the Criteria to win?

This Award recognises the company that successfully applies any form of innovation, celebrating the ideas that have had the greatest impact on an organisation, company or industry.

The Highly Commended status was only afforded in limited categories for outstanding candidates where the competition was especially fierce. SciChart was honoured to be highlighted in this way, demonstrating the impact that our Software makes across sectors.

Making Impossible Projects Possible

During the awards process we had to give a presentation to a panel of tech business leaders & Ceos, including Richard Harris, CEO of Ensygnia, Simon Devonshire OBE, and Alan Rubenstein, former Chief Executive of Pension Protection fund.

A key part of our pitch was how SciChart makes Impossible Projects Possible: the innovations that we ourselves have carried out have in turn inspired innovations around the world.

SciChart demonstrated our novel and innovative approach to data visualisation. Through our initial proposal and live presentation to tech leaders including we showcased our rendering technology, highlighting the impossible projects made possible with SciChart. Key to our pitch was our new cross platform rendering engine Visual XcceleratorTM. This world first for the data visualisation sector was picked up by judges who excelled in their field who then felt it necessary to highlight SciChart with the Highly Commended title. Importantly, the process of entering the award gave us the opportunity to investigate our product, customers and successes to determine where SciChart excelled, tying into our future roadmap.

A key part of our pitch was how SciChart makes Impossible Projects Possible: the innovations that we ourselves have carried out have in turn inspired innovations around the world. From cutting-edge big-data cancer research, to treating Parkinson’s using mobile devices, from Formula One racing to finance and trading. SciChart is used by thousands of customers across industry sectors to visualise big-data: millions, or even billions of data-points in real-time.

Widespread SciChart Usage

The process of preparing for the award yielded some surprising figures discovered during the application. Some of these facts we didn’t even know ourselves, but show the power & flexibility of our charting software.

Stats & figures include:

  • Over 50% of Aerospace and Defence companies in the fortune 500 use SciChart
  • 80% of Top US/UK Banks use SciChart
  • All top F1 teams use SciChart
  • We’ve partnered with over 150 leading Universities and academic research institutes through our Global SciChart Research Partner initiative, including MIT, Stanford & Imperial College London. Their flagship projects include cutting Cancer Screening times from weeks to sub one hour and pioneering Parkinson’s research amongst hundreds of other projects.
  • 70% of top Medical Device Companies Globally leverage SciChart as well as 20% of top Pharmaceutical companies
  • The two leading global robotics companies use SciChart
  • Top 20% of US Energy firms are long term SciChart customers

You’ll notice there’s a lot of top or leading companies there and we believe that SciChart is helping these companies to make impossible projects possible, being the cutting edge in their visualisation needs and giving them the competitive edge they need to win.

The Award Ceremony

The award ceremony was attended by representatives of SciChart at Grosvenor house London on 12th November 2019.

The award ceremony was pretty impressive with a keynote speech by Astronaut Tim Peake, talking about his training & time on the International Space Station.

Our takeaway points for 2020

Although we were not winners this time, we were proud to be listed alongside industry giants and receive second place in a seriously high-brow national innovation award. Receiving the title of Highly Commended cements our position as an innovative, industry leader in graphics and visualisation, providing the world’s fastest chart controls on Windows, as well as hardware-accelerated 2D & 3D chart controls on mobile platforms.

Going forward into next year we plan to continue innovating, bringing you our iOS Charts to MacOS, and later in the year our 3D engine, which has already been ported to WebAssembly, will be wrapped for use in Javascript applications including React and possibly other frameworks.

The SciChart Roadmap 2019-2020 including cross platform C++ engine 'Visual Xccelerator'

In short, we pledge to continue innovating and making the impossible possible, so that you can make cutting-edge innovative applications which impact the world in a positive way with SciChart.

By sheldon vestey | Dec 19, 2019
Head of Sales & Marketing Strategy at SciChart, background in Biochemistry & Genetics. I focus on Sales, business growth, our customers' innovations, and our educational program.

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