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Strategic Assessment: Asia Pacific RFID Innovation and Ideas
Frost & Sullivan, May 2008, Pages: 15
This Frost & Sullivan white paper titled Strategic Assessment: Asia Pacific RFID Innovations and Ideas provides a perspective on the latest trends and innovations in RFID. This white paper discusses the RFID innovations that are in the various stages of the innovation cycle and expected to be widespread in the near future.
Scientists Hard at Work on Improvements to RFID Tags’ Features and ROI
Increasing end-user awareness is driving radio frequency identification (RFID) companies to develop RFID hardware equipment that offer superior returns, enhanced privacy, larger memory, as well as more features and form factors. Companies can enhance their RFID operations through alliances or acquisitions and aim to generate enough volumes to support the tag cost and the technological advances. The success of the improved RFID tags is heavily dependent on the solving of several commercial and engineering issues. Some of these concerns include development of affordable RFID tags, performance in complex environments, management and validation of the vast amount of data collected, and resolution of social issues regarding protection of personal data and user privacy.
Many companies have already recognized the potential of RFID to become the next ubiquitous technology to revolutionize many aspects of lives and have made substantial headway in R&D. 'Nevertheless, the benefits of innovation are still intangible for many even though they have started to yield real business value in the RFID space,' says the analyst of this research service. 'Significant research and commercialization is required to achieve the vision of pervasive, device-to-device communications between basic identification and sensing devices and the data gathering infrastructure.'
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