March 2006

Trends and Resources

HP Impact: HPImpact: RFID technology's price tag decreases through standardization

In late 2004, a number of US industry mandates—most notably from Wal-Mart and the US Department of Defense—began to force companies to utilize radio frequency identification (RFID) labels. A..

Weirauch, Wendy, Hydrocarbon Processing Staff

In late 2004, a number of US industry mandates—most notably from Wal-Mart and the US Department of Defense—began to force companies to utilize radio frequency identification (RFID) labels. A different technology, electronic article surveillance (bar codes), has dominated the marketplace, and the RFIDs had been perceived as being too costly. The higher use of RFID labels has allowed economies of scale to begin to be achieved in producing the RFID tags, which serve as the brains of these smart labels, according to a new study from The Freedonia Group, Inc. (www.freedoniagroup.com). Standardizing RFID systems allows products from many vendors to work together, easing the transition

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