RFID is one of the human niche technology innovation that comes with a bouquet of advantages which helps to reduce the standard problems that a company faces as a result of a long-consuming process, identified or unidentified human error, tracking and tracing, and lack of transparency. The benefits of this technology can be seen in the form of improved process visibility, real-time information updates that help to make quick decisions, better accountability, reduce human errors, resulting in better profit margins, and high levels of compliance.
The power of RFID is even more evident when we look at emerging opportunities for RFID in the IoT landscape. There are a tremendous number and variety of IoT applications that can be imagined for RFID devices. RFID's inherent value lies in allowing things to disclose data in real-time for easier, faster, more engaging decisions at both industrial and product level.
Significant RFID applications include monitoring of physical parameters, such as temperature or acceleration during fragile or sensitive goods shipment, tracking of brand quality from factory to retail sites, use of home and office automation. Nowadays, we have passive or active cheap RFID that makes these sensors practical for tourist applications. For example, a museum explosion can place tags attached to each point of interest so that visitors can get details about the explosion at the right place at the right time.
RFID is said to be the leading technology for automatic identification and data collection by many people in the industry. The most significant benefit, which has yet to be demonstrated, will potentially be in the supply chain of consumer goods where an RFID tag attached to a consumer product could be monitored from manufacturing to the retail store right to the consumer's home.
Many see RFID as a technology with untapped potential in its infancy. While we can think about its presence and the innovative ways in which this technology can be used, until there are more industry standards and the cost of RFID technology is reduced, we will not see RFID systems achieving their full potential in the near future. Besides, RFID is supposed to be the foundation technology for ubiquitous networking and computing and to be combined with other technologies.
In the face of the need for enhanced transparency with greater accountability for the business process with the speedy identification of things without a line of sight limitation, CIO Applications presents top 10 RFID solution providers to help for any organization involved in the production, management, or sale of goods.
The list comprises Germany-based Faubel—a leading supplier of unique labels for the pharmaceutical and chemical industries. The company brings to the table a range of products, including booklet labels, single- and multi-layer labels, by incorporating RFID technology in printing and labelling. We have many such companies in this edition that provide various solutions that help the companies realize their unknown and invisible operational inefficiencies and thus make the system more efficient with reduced wastage and costs.
We present to you the "Top 10 RFID Solution Providers - 2019."