Home Internet of Things Aerospace Apparel Energy Defense Health Care Logistics Manufacturing Retail

Access This Premium Content

Options To Access This Article:

What Subscribers Are Saying

  • "Probably the best investment I've ever made."
    Steve Meizlish, President & CEO, MeizCorp Services, Inc.
  • "I have found that RFID Journal provides an objective viewpoint of RFID. It you are looking for a resource that provides insights as to the application and implications of deploying RFID, RFID Journal will meet your needs, It gives you a broad perspective of RFID, beyond the retail supply chain."
    Mike O'Shea, Director of Corporate AutoID/RFID Strategies & Technologies, Kimberly-Clark Corp.
  • "No other source provides the consistent value-added insight that Mark Robert and his staff do. In a world dominated by press release after press release, RFID Journal is developing as the one place to go to make the most sense out of the present and future of RFID in commerce."
    Bob Hurley, Project Leader for RFID, Bayer HealthCare's Consumer Care Division
  • "RFID Journal is the one go-to source for information on the latest in RFID technology."
    Bruce Keim, Director, Hewlett-Packard
  • "RFID Journal is the only source I need to keep up to the minute with the happenings in the RFID world."
    Blair Hawley, VP of Supply Chain, Remington Products Company

Midsize Companies Start to Move

Midsize enterprises around the world and in many industries are beginning to adopt RFID technologies.
Aug 01, 2008—A couple of years ago, RFID Journal was interested in doing an article on the adoption of RFID among midsize companies. We never ran the story because very few midsize companies were exploring the technology, let alone piloting or deploying it. That's no longer the case. We recently surveyed RFID Journal subscribers who work for midsize companies and got a healthy answer. Responders hailed from all corners of the globe: 65 percent were from North America, 17 percent from Asia, 9 percent from Europe, 3 percent from Mexico and South America, 3 percent from Australia, and 3 percent from Africa.

Slightly more than 25 percent of midsize companies responding to our survey said they are currently piloting RFID or have deployed a system. More than two-thirds said they are currently exploring the applications and potential benefits of using RFID.

Of the companies that have deployed RFID, very few have already seen a return on investment, though 15 percent expect to see an ROI within two years. More than two-thirds are not sure when or if they will get an ROI, indicating that even those that have adopted the technology are still learning how to use it to drive business value.

They also represented a wide range of industries. The largest sectors were manufacturing, consumer packaged goods, retail, health care and logistics. But we also heard from respondents who work in aerospace, chemicals, consumer electronics, defense/military/homeland security, education, financial services, government (nondefense/military/homeland security), high technology, packaging, pharmaceuticals, research and transportation.

While roughly a fourth of respondents cited price as an obstacle to adoption and another fourth cited lack of standards, it doesn't appear that any one factor is limiting adoption by midsize companies. Among the 34 percent of respondents in the "Other" category, some indicated they are currently exploring, evaluating or piloting the technology, or budgeting funds for 2009. Several said they are waiting for customer requirements, upgrading systems or training employees. And a few said they are waiting for management to make a decision.

Roughly two-thirds of midsize businesses surveyed said they plan to invest in RFID during the next 12 months, indicating adoption will likely pick up. Of course, this doesn't mean 65 percent of all midsize businesses are currently adopting RFID. RFID Journal subscribers are, by definition, among those exploring the technology. But the figure does indicate that midsize companies are starting to adopt RFID.

The data presented below strongly suggests that while some midsize companies are still waiting for early adopters (typically large companies and organizations) to pave the way and for the RFID industry to mature, many others are exploring, piloting and even deploying RFID technology. To learn more about the specific challenges midsize companies face—and the benefits they can reap—with RFID, see RFID: No Longer for Big Companies Only.
To continue reading this article, please log in or choose a purchase option.

Option 1: Become a Premium Member.

One-year subscription, unlimited access to Premium Content: $189

Gain access to all of our premium content and receive 10% off RFID Reports and RFID Events!

Option 2: Purchase access to this specific article.

This article contains 465 words and 1 page. Purchase Price: $19.99

Upgrade now, and you'll get immediate access to:

  • Case Studies

    Our in-dept case-study articles show you, step by step, how early adopters assessed the business case for an application, piloted it and rolled out the technology.

    Free Sample: How Cognizant Cut Costs by Deploying RFID to Track IT Assets

  • Best Practices

    The best way to avoid pitfalls is to know what best practices early adopters have already established. Our best practices have helped hundreds of companies do just that.

  • How-To Articles

    Don’t waste time trying to figure out how to RFID-enable a forklift, or deciding whether to use fixed or mobile readers. Our how-to articles provide practical advice and reliable answers to many implementation questions.

  • Features

    These informative articles focus on adoption issues, standards and other important trends in the RFID industry.

    Free Sample: Europe Is Rolling Out RFID

  • Magazine Articles

    All RFID Journal Premium Subscribers receive our bimonthly RFID Journal print magazine at no extra cost, and also have access to the complete online archive of magazine articles from past years.

Become a member today!

RFID Journal LIVE! RFID in Health Care LIVE! LatAm LIVE! Brasil LIVE! Europe RFID Connect Virtual Events RFID Journal Awards Webinars Presentations
© Copyright 2002-2016 RFID Journal LLC.
Powered By: Haycco