News: A Positive Spin For RFID

By | September 8, 2003
 In case you haven’t had enough of RFID tagstiny devices to track everything from car tires to clothing — here’s a long, positive piece from CNET. RFID, they say, “is changing how retail businesses work and could generate billions of dollars in revenue for software makers.”

 

RFID tags could also create “huge savings for retail operations that currently use a variety of more labor-intensive means to track inventory. RFID also promises to deliver more accurate and detailed information. And as Wal-Mart and other retail giants buy into the RFID concept, software makers and other high-tech companies are salivating over the billion-dollar-plus prospects of this new market.” Interesting, but I think we could see a bit more skepticism.

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