Vienna, May 24, 2024 - Innovative research is not an end in itself, but needs economic exploitation potential in order to benefit the general public. The AIT Austrian Institute of Technology organizes the annual AIT Poster Award in order to anchor the know-how for this in young researchers as early as possible. This year, eleven diploma students, doctoral candidates and junior scientists from six AIT Centers took part in the AIT Poster Award 2024. On May 23, 2024, the winners were honored at the AIT Poster Award Ceremony. “The AIT is committed to excellent research and its implementation for the economy and for the benefit of society,” emphasizes Alexander Svejkovsky, Managing Director of the AIT Austrian Institute of Technology. Since its introduction in 2010, the award has been supported by the Lower Austrian tech incubator accent and the venture capital fund tecnet equity. These partnerships are essential to the success of the competition.
The first place in the Digital Health category went to Martin Baumgartner from the AIT Center for Health & Bioresources. The AIT's Digital Health team has developed so-called “Health Data Space Nodes”, which enable decentralized harmonization of patient data from different healthcare facilities to improve patient care through AI-supported diagnostic tools.
This technology uses advanced de-identification techniques to ensure data privacy and make the data usable for research purposes. This innovation represents a further development in healthcare and enables more precise predictions of patient outcomes and thus an improvement in quality of life. Future developments should extend the application of this technology to other medical areas in order to exploit the full potential of AI.
“Results from research and development are central to successful value creation. At tecnet, we support AIT scientists in developing suitable exploitation strategies and finding suitable financing. Knowledge about the commercial use of research should be anchored in young talents as early as possible,” explains Doris Agneter, Managing Director of the venture capital fund tecnet equity.
“Even outstanding scientific work is of little use if it is not presented in such a way that industry recognizes its potential,” adds Michael Moll, Managing Director of accent Inkubator GmbH. “As a Tough Tech Incubator, accent supports projects in successfully transforming their innovative technologies into start-up business models.”