Despite companies such as Wal-Mart introducing cross-company supply chain RFID, most enterprises are keeping the track-and-trace tech within the family, according to one RFID vendor.
IT services company LogicaCMG opened an innovation warehouse in Sydney last week to encourage the take up of radio frequency identification (RFID) technology throughout the region.
Korea's second largest supermarket chain is counting on RFID to understand its customers a bit better.
Radio-frequency identification (RFID) tags can survive factories, warehouses and supermarkets, but how would they cope with an old-fashioned pressing with a steam iron?
Global revenue from radio frequency identification tags is poised to grow from US$300 million in 2004 to US$2.8 billion in 2009, according to a study released Wednesday by market research agency In-Stat.
Radio frequency identification has the potential to revolutionise supply chains of retailers the world over. However, for a 20-year-old technology, it still has significant teething problems.
Retail powerhouses such as Wal-Mart gather in the United States to push development of controversial tagging technology.
Why is Radio Frequency Identification (RFID) technology so exciting? According to Cesare Tizi, ZDNet Australia's CIO of the year, it "opens up unbelievable business opportunities."
Some of the largest commercial outlets in the United States and abroad have established requirements for their suppliers to begin using radio frequency identification technology before the end of this year. Yet finding a company willing to admit where it stands with RFID is often an exercise in listening to dead air.
Business executives and bureaucrats are salivating over the potential labour-saving benefits of radio frequency identification technology, and soon technology workers may find reason to be enthusiastic, too.
Retailers may love the concept of tiny radio tags for tracking products, but consumers should beware the potential for exploitation by corporations, criminals and the government.
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