BankNet conducts 3 types of significant ongoing Research and Development:
  1. Emerging Technology R&D
  2. Product Development
  3. New Products.

1. Emerging Technology R&D
We scan industry continually for emerging technology trends, and we perform R&D in those few emerging technologies that have i) the greatest probability of adoption by our clients, and ii) the potential to significantly impact them. Typically, BankNet's applied R&D consists of performing 'real-world' evaluations of new technology in order to assess its readiness for deployment at large companies.

Examples
Two recent examples are wireless technology and IBM's WebSphere product for the S/390.

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2. Product Development
We constantly enhance our products based on comments from clients and feedback from our own internal users. There are two gating factors for a potential enhancement. First, will it increase the productivity of our internal users? Second, is there sufficient market demand to warrant a product's further development?

BankNet will proceed with an enhancement that passes through either of these two gates.

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3. New Products
Most of BankNet's new products are direct responses to our own internal development needs, and are thus the by-product of our development of solutions for clients. When we uncover the need for a new utility to increase our own productivity, we develop it for our internal use. If we then determine that a market demand exists, we "productize" the utility. For example, we developed our XTRACE product in order to speed up and improve our own unit testing of COBOL and Assembler programs.

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