BT Wholesale on 30th October 2003 launched a new business unit, The Innovation Unit. The task of this unit is to identify innovative ideas and convert them into commercial reality, in other words to speed up the time it takes from R&D to launching a full product.
Many people will immediately see that BT Wholesale is involved and be conjuring up images of VDSL, but no - the unit is more about creating those applications that may well become the 'killer app' that drives the demand for broadband and mobile data services. The three new product developments just announced are:
Previous developments that are already in the market place are a micro-payment system for payments over the Internet, and Automatic On-line backup. The backup service is currently only available to corporate customers, but in the near future a version will be launched for the consumer and SME market.
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