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| RFID Summary of 2009
Fri, 15 Jan 2010 14:00:00 +0000
Business processes have been the trigger for RFID No.1
The investment in RFID has increased and the time of return on investment are reduced, according to a study from ABI Research. Dipole RFID, based in Barcelona, says that since RFID is not the provider who has to push the sale
While 2009 was a tough year for IT budgets, companies are recognizing the value that the technology of radio frequency identification (RFID) leads them to the efficiency of business processes, according to a recent study from ABI Research.
The annual study by the firm's headquarters in New-York is based on research conducted in 115 organizations surveyed currently using RFID, whether as a deployment or pilot.
The vast majority of organizations agree that process improvement has been and will be the main driver for adoption of RFID. And nearly half of respondents expect to increase their RFID budgets for 2010.
Michael Liard, RFID practice director at ABI Research, says that "CEO-level executives are increasingly recognizing the value provided by RFID in the enterprise."
The second most important driver for RFID adoption, according to respondents, was the reduction in labor costs. RFID is often discussed in the context of reduced working hours by automating time-consuming tasks such as inventory, but Liard was surprised to find the RFID was highly valued in the automation of processes that do not involve people, such as replacement of spare parts.
Most of the respondents' expectations for return on investment in RFID was reduced in 12 months, a decrease in the period compared with a year ago when most expected to be 12-18 months. The reasons, Liard said, is the proliferation in the global market offers a wide range of RFID, with better technology, and a substantial reduction in prices.
Santiago Depares, CTO of RFID Dipole based in Barcelona, a provider of RFID technology for supply chain, agrees that the timing of ROI for RFID implementations has been reduced, which is important for rapid adoption. "That definitely is a key factor because there is a period of 3-5 years," he said.
Santiago Depares has been a shift in the approach of companies in the RFID, because the supplier is not pushing the adoption of such technology. Instead, organizations are asking whether the RFID, such as automatic identification, can help your business. If the answer is yes, then begin to deepen their industry standards and the vendors that provide global solutions. "It's not a technology choice is a purely business decision," said hold. |
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