Our strength depends on our ability to innovate. It is for this very reason that we now employ almost a thousand staff in Research and Development (R&D). Every year, we invest roughly 4.5% of net sales in R&D projects. This level of spending is considered essential when it comes to underpinning our aspirations within the area of innovation leadership. We also aim to further shorten development times and bring new products to the market even more quickly, while of course maintaining the same extremely high level of efficiency and quality.
We intend to maintain a high level of spending on R&D and to keep improving the effectiveness of our activities in this field.
Our Research and Development work is focused particularly on:
- further advances in the application of convergent base technologies to optimize both banking and retail processes, e.g., for the recognition and handling of banknotes in cash-based processes
- improvements to the serviceability (Glossary) of our hardware and software to further enhance their availability and cost-efficiency across the entire life cycle
- software as the key to optimizing process chains in the branch operations of retail banks and retailers; our focus here is on the development of hardware-independent software
- high-end solutions with corresponding hardware and software as a means of achieving significant growth in these areas.
