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RFID Adoption Trends and Customer Experience 2021
Radio-frequency identification is gaining ground in certain industry sectors and applications where its benefits are clear. Although RFID may one day become even more widespread than barcodes, it will take longer than its advocates hope for. This report quantifies the current adoption and investment trends for RFID technology as well as the benefits driving companies to expand their RFID implementations. We assess these trends by organization size and sector and examine the ROI and TCO experiences of adopters. We conclude with practical advice for planning new investments in RFID technologies.
RFID Slowly Gaining Ground but Tagged with Cost Concerns
Radio-frequency identification (RFID) is gaining ground in certain industry sectors and applications where its benefits are clear. But adoption of the technology has been relatively slow, due to its expensive upfront costs, high number of tags and frequencies, and the difficulty integrating the technology into systems. This Research Byte summarizes the full report, RFID Adoption Trends and Customer Experience.
Radio Frequency Identification (RFID) Adoption Stalls
Although the promises of Radio Frequency Identification (RFID) are great, the adoption rate of RFID technology has stalled significantly in the last year. What went wrong? This article examines RFID adoption statistics in the U.S. and Canada by industry sector, and reports the ROI experiences of organizations that have implemented RFID. It also analyzes the factors that are contributing to the slow-down in RFID adoption rates along with the applications and environments where RFID appears to be showing the strongest success. (10 pp., 6 figs.)[Executive Summary]
Beyond Customer Mandates: RFID Promises Operational Benefits
Many companies start implementation of RFID because major customers such as Wal-Mart force them to. However, RFID has much to offer in its own right in terms of better management control in a variety of applications. This report analyzes the factors that IT groups should consider in planning for RFID along with economic insights into the value of the technology. Specific software and IT systems are discussed, including the crucial issues of standardization and security.