16 Beaufort Court,
- 2019 Innovation
Founded in 2010, SciChart designs, develops and sells a software component to business and enterprise that draws fast, visually-appealing graphs, graphics and visualizations for the scientific, medical, financial and engineering industries.
Drawing upon his experiences as a software consultant working in environments ranging from investment banking to scientific research, Director and software architect Dr. Andrew Burnett-Thompson identified the need for faster graphics and visualisation in business applications in order to quickly display the large amount of data that scientific or financial firms generate.
SciChart’s game-changing innovation was to combine proprietary data resampling algorithms and technology from the gaming industry (for speed and performance of graphics) with enterprise software applications. This created a software library which was able to draw charts, graphs and other visualisations many orders of magnitude faster than competitors.
As a result, SciChart’s software opened up new markets for their clients, allowing them to create previously impossible projects where competitor charting software was simply too slow to be effectively utilised. SciChart’s software is now used by a host of industries which require fast, real-time, big-data charts, graphs or visualisation on Windows desktop, mobile or embedded systems. Example end-user applications include: visualization of tumour imaging data in cutting edge cancer research; tracking Formula-1 vehicle parameters during races; analysing real-time financial data for making trading decisions, and providing charts and graphs for the bespoke, low-cost ECG devices so widely used in the developing world.
In each of the above examples, SciChart’s fast, real-time charts and graphs enabled customers to bring new, cutting-edge innovations to market at a fraction of the time – and cost – of developing the graphics software themselves. As a result, SciChart has grown organically from a single-person company to a small business with just under 20 full-time staff, serving thousands of customers worldwide and overtaking established competitors with larger resources. And all this has been achieved without any outside investment or debt.
Though SciChart has secured its position as ‘Best in class’ for charting and graphics software, it continues to innovate, driving performance improvements and supporting new platforms and features, all with the aim to help customers conquer new sectors and drive market share.