Magazines Archives - 2009 June

Benefits not without set-backs in India
Story 9 - Focus

Radio-frequency identification (RFID), with its cutting-edge applications and benefits, has inspired what appear to be endless possibilities for businesses.

RFID applications such as electronic tagging allows businesses to add electronic identities to any product, inventory or asset. The RFID tags store data that can be remotely accessed, allowing for integration with the retailer’s information-technology system for easy operations.

Companies seeking high standards in supply-chain management, logistic and transportation security have started applying the technology in a bid to maximise returns on their investments.

IT research firm Gartner, in its recent report, Market Share and Forecast: Radio Frequency Identification, Worldwide, 2004-2010, estimates that the global RFID market will grow from US$504 million this year to US$3 billion next year.

Some in the industry believe this level was already achieved at end-2008.

Following overheating of the RFID hype, the industry slumped as optimism turned to skepticism regarding its deployment and benefits. Now, the tide is starting to turn again in its favour, Gartner states, cautioning that there is still need to clearly demonstrate meaningful results and see genuine value gained from existing deployments.


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2009 June Stories:

Strategic planning in this crisis - Part 2: Scenario analysis may be the key — implications for Asian retailers

Indonesian central bank paves way for smart cards

FHM 2009 set to whet appetites in hospitality and food-service industries

NRA Show 2009 remains pertinent to industry leaders and professionals

Singapore explores interoperability

Technology weaning consumers off cash in Thailand

Are the benefits worth the investment in the Philippines?

Card popularity soaring in Malaysia

Benefits not without set-backs in India

Manthan Systems - Actionable BI solutions a boon to retailers

FMCG and the recession – how are consumers of food and drink products responding?

Handyman braves slowdown to open more stores

Wendy’s takes a bite of Singapore via Kopitiam

Lim Siang Huat taps on Oracle E-Business Suite to enhance operations

eBay takes majority stake in South Korea’s Gmarket

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