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Gesellschaft für Informatik (GI) awarded Dr. Nicolas Bissantz the 2007 Innovation Prize for his work with management information at the organization's annual convention in Bremen.

The jury comprised of prominent professors for computer science and business information systems prized the assortment of multiple patent-pending techniques for analyzing and visualizing business, technical and statistical data.

The software created by Bissantz merges ideas from information design with data mining algorithms: For instance, so-called sparklines (small statistical diagrams) are used to add context information to a figure. Data mining is employed to automatically detect noteworthy patterns in the data.

"Our approach combines the ability of modern computers to explore large volumes of data with the unsurpassed talent of human beings to intuitively recognize and evaluate patterns," explains Bissantz. "This synergy opens a new world of possibilities in how we work with information. We can uncover really important facts much more quickly. Since visualization is in tune with context, we can see everything we need to interpret these numbers correctly, for example, development over time or the composition of different variables."

With its annually renowned innovation prize, GI honors hands-on innovations and patented inventions in the realm of computer science. "The patent-pending innovations developed by Dr. Nicolas Bissantz offer a whole new way to analyze and visualize information," emphasized Professor Matthias Jarke, President of GI, in his appraisal of the award-winning entry. "Many users have already taken the leap from classical reporting to modern, knowledge-based management. The high level of customer acceptance demonstrates the value of this innovation."

The 2007 Innovation Prize was awarded on September 26, 2007 as part of the Computer Science Day, the focal point of GI's annual, four-day convention in Bremen, Germany.

"It is a great honor to win a prize from an institution like GI," exclaimed Bissantz, founder and Managing Director of Bissantz & Company, in his acceptance speech. "Science and practice go hand in hand and this symbiosis has had a significant influence on our business development."

Founded 38 years ago, Gesellschaft für Informatik (GI) has over 24,500 members and is the largest organization for computer science experts in Germany, Austria and Switzerland.

Press release
from October 4th, 2007