July 22, 2005
Shakeout in Store for RFID Industry?
Some analysts predict a major shakeout in the RFID industry within six to nine months. Potential acquisitions and consolidations are in store as the industry attempts to develop more business-focused RFID systems. This means that many existing vendors and technologies may end up flopping. Currently, movement within the industry is evident as companies expand into RFID software. For example, Erik Michielsen, ABI Research's director of RFID, notes that SAP is now extending from enterprise application space into areas traditionally done by companies such as Acsis and GlobeRanger. These types of transitions leave analysts like Michielsen believing that the face of the industry is bound to change. According to VNUNet.com:
"I think they would be better off partnering and focusing the resulting free energy on services and higher-end software," he concluded.
Read more: RFID Industry Heading for Shakeout
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