The latest quarterly RFID market forecast from ABI Research predicts strong growth for most technology and application segments. The study predicts 15% compound annual revenue growth from 2007 to 2013, with slowing growth in mature segments and falling prices masking stronger advances in unit sales and emerging sectors.
By using RFID and bar codes, the Finnish tire manufacturer can monitor reels of rubber tread, thereby improving workflow on the assembly floor.
Research firm predicts strong growth for RFID market; RFID passes inspection for marine industry supplier; U.S. Air Force Medical Service awards RFID contract; Polaris Networks intros conformance testing tool; Visible Assets unveils RuBee Pilot Kit; Advanced ID takes RFID tire products to India and Indonesia.
Baird has released its May report. The 23-page document is a worthwhile read for anyone requiring an overview of the industry’s last 30 days. For those without time to do so, we have reprinted here the report’s summary.
A VeriChip executive warned that the business is currently too small to be sustainable after the company reorganized last week. VeriChip now lacks revenue streams to fund its development and marketing of human-implantable RFID chips to support medical care, leading to questions about the company’s very viability.
EastPack has already shipped 2 million additional trays this year through increased efficiency in tracking and tracing pallets of the fruit.
Once the RFID systems provider completes the recently announced sale of its Xmark subsidiary, it plans to sell the rest of its assets.
VeriChip, maker of controversial human-implantable RFID tags by the same name, sold a subsidiary that provides patient protection solutions and said the entire company could be available for sale. It also announced former chairman and CEO Scott Silverman will no longer serve as an officer of the company.
The newspaper employs EPC Gen 2 tags to track the delivery of carts loaded with Sunday supplements, and to make sure they go to the appropriate distribution center.
Former GE CEO Jack Welch says a bad economic climate is the best time to invest in new technologies.
Some bars and restaurants are utilizing an RFID-enabled system to train bartenders how to pour the right amount of liquor, and to measure their progress.
The system, created by Georgia Tech’s School of Electrical and Computer Engineering, emulates and measures the performance of multiple passive RFID tags and prototypes.