With its ability to track, locate and sense goods throughout the supply chain, active radio frequency identification (RFID) technology is being rapidly adopted around the world, often creating new markets. Many adopters have reported rapid returns on investment (ROI) of 12-18 months, which will help drive the market for active RFID to $6.78 billion in 2016, according to industry analyst firm IDTechEx. Here IDTechEx's Dan Lawrence summarizes recent active RFID developments in the run-up to the firm's coming Active RFID Summit event.
Active RFID in Action
BP, GE and Boeing
For more information on the Active RFID Summit, go to www.activeRFIDsummit.com.
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