SAP Inc., a global leader in client/server enterprise application software that for years been the backbone to RFID application has seen a 1,000% spike year-over-year in customers, interested in RFID deployment. Acting as a link to RFID data and business applications SAP expects great things further and expedites toward new horizons.
RFID gives trade greater visibility into their supply chains and would stem inventory leakage. This in turn finds United States of America create more in-house and outsourcing jobs especially leading to manufacturing sector. Also "drives product excellence" by brining consumer goods companies closer to the buying action, says McDermott. With real-time understanding of customer's buying pattern, manufacturing of newer product line proved to be successful and largely contributing to businesses.
"I think consumers would give up a little bit on the privacy side for speed and efficiency", McDermott said while commenting on the Americans willingness to forgo a level of privacy in order to gain the benefits of RFID in coming years. He further says privacy, as a barrier to adoption, is "nothing more complex than just knowledge."
On the whole, RFID around the world finds larger acceptance especially among the large corporatism and government agencies faces real challenge with consumer awareness. Further demand for unique standardization and harmonization is of the essence to counterfeit the niggling problematic aspects of RFID spectrums.
Rahul Ghosh, working as freelance industry analyst working is a regular contributor and has written many articles and commentaries on diversified industry sectors. For further discussion with the writer, email at rahulghosh@rediffmail.com
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