Oct 28, 2004This article was originally published by RFID Update.
October 28, 2004—According to research firm Gartner, RFID's adoption will be evolutionary but its effects revolutionary. The company predicts two general phases for the adoption. The first, which we are seeing now, is the overlaying of RFID technology on existing business processes and functions. The second and truly transformative phase will occur further out, as companies reconceive and reconstitute their businesses around RFID. This two-phase theory parallels what many in the industry have been saying all along: RFID's profound potential will be realized only when its capabilities are leveraged to innovate new applications and processes. According to Gartner, such realization will not come as a quick "big bang," but rather a decade-long process that sees the coexistence of RFID and bar codes. And, while they argue that many companies are focusing too much on the oversimplified metric of tag prices, they do throw their prediction in the ring: $0.20 by 2009, which is in stark contrast to the much more aggressive but still widely asserted prediction of nickel tags by '08.
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