Juniper Research predicts the value of NFC transactions will reach $8 billion this year and grow to $30 billion in three years. Coupon and promotion applications are expected to be prominent in the early market, but eventually will be supplanted by contactless payment.
Bionest expects that by using active RFID tags with built-in sensors to track temperatures of fruit shipments, it will be able to reduce spoilage.
At its DC in Buttenheim, Germany, the retailer is deploying Mojix’s STAR technology to help reduce the loss of pallets and other returnable transport items, as well as automate their management.
RFID Journal and the Oil & Gas RFID Solution Group have teamed up to produce RFID in Oil & Gas, a virtual event revealing how energy companies can use radio frequency identification to improve the way they do business.
The technology alerts unskilled workers when routine tasks need to be performed, and also enables managers to confirm they’ve been completed properly.
The French maker of prosthetic implants, as well as the hospitals it serves, has been using its Beep N Track system to track product shipment and usage. The company is now marketing the system to other medical device manufacturers.
The cooperative is tracking ham from the slaughterhouse throughout its various preparation and curing steps.
A system developed by Friendly Technologies uses the privacy mode found in NXP’s Icode and Ucode chips to keep tags from being read by unauthorized parties.
Investment to develop RFID tags to secure pharmaceuticals plus RTLS contract agreements by a major hospital supplier highlight this week’s RFID news, which also includes several NFC developments.
NFC Forum collaborates on standards for mobile financial services; MyDealerLot integrates RTLS with repair order system; Brussels public transportation system adds NFC-enabled fare cards; Elatec releases 128-bit encryption upgrade for its RFID readers; Swisscom to provide systems integration services for Mojix’s RFID system; Academia RFID offers training courses on data-capture software and EPCIS.
The tag maker’s head of RFID adoption explains how companies like shirt manufacturer Seidensticker are benefiting from RFID, and describes the technology’s past, present and future—as well as his own.
RFID improved inventory accuracy by 27.2 percent and reduced the time required for inventory cycle counting by 96 percent in an item-level jeans tracking pilot project completed by Bloomingdale’s. Researchers said the results were consistent with other pilots and suggest similar benefits would be available to other retailers.