42 Technology was appointed by Talaris to help develop their new product range. The new range enabled easier, faster and more reliable handling of used banknotes by tellers. It would also facilitate greater security and more accurate identification of counterfeit currency.
Talaris first approached 42 Technology to help run a product innovation workshop with engineers. This took place at its main product development facility in Bern, Switzerland. They then appointed us to develop initial system concepts for the new range.
“42 Technology is bringing a fresh perspective to our product development programme and helping Talaris incorporate some advanced technologies and new concepts into our next generation of banknote handling systems. The consultancy’s systems-level approach, creativity and pragmatic engineering are proving invaluable in helping optimise our designs, as well as accelerating our new product development process.”
Hansjörg Klock, engineering director at Talaris Bern
Engineers from the two companies worked together to integrate new technologies into specific modules. System designs were optimised, reducing product footprints and ways to lower manufacturing costs in readiness for volume production and market launch were found.
“Banknote counting and validation requires a particularly complex electro-mechanical system. We understand the challenges, having previously worked on paper and web-handling systems. We quickly assembled the ideal project team by supplementing our own in-house resources with very specialist expertise drawn from our extensive associates’ network. 42T’s combined team works from our Cambridge office alongside Talaris engineers in Bern.”
Jon Spratley, CEO at 42 Technology
If you would like to find out more please contact us:
answers@42T.com | +44 (0)1480 302700