May 03, 2004

RFID Taking Off

An article in Computerworld analyzes several ways in which RFID technology is currently being used by Legoland, retailers, the healthcare industry, hospitals, and more:

"Research firm Venture Development predicts worldwide spending on RFID hardware and software will nearly double from $1.1 billion in 2003 to $2.1 billion in 2005, thanks in large part to retailer mandates.

"'Supply chain as an RFID application is emerging, but RFID as a technology sure as hell isn't emerging,' says Bill Liard, RFID program director for Venture Development. 'There are tons of other RFID applications that are making a lot of money already.'" Read more

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