IoT
IoT
Hardware & Infrastructure
News
10/21/2004
09:27 AM
50%
50%

RFID's Return On Investment Tops List Of Concerns

Companies testing and considering the technology look for ways to ensure quantifiable benefits

Uncertainty about return on investment is the top concern of companies looking to deploy the technology, according to a study released today.

The majority of respondents to an ABI Research survey were global companies, with more than half having at least $500 million in annual revenue. Firms such as Gillette, International Paper, Kimberly-Clark, and Campbell Soup have demonstrated the possibility of making RFID work, but other companies are looking for answers.

Logistics and IT-management staffs are struggling to integrate RFID hardware and software into companywide systems and ensure quantifiable benefits without major disruption. Integrators such as Accenture, Deloitte, Hewlett-Packard, and IBM are addressing these issues. Existing applications from Manhattan Associates, RedPrairie, IBM, Tibco, WebMethods, BEA Systems, Microsoft, Oracle, and SAP may be able to solve some of the concerns, but it's still unclear how successful they'll be, the report says. Also releasing new products in this area are OATsystems, Globeranger, and ConnecTerra

Deployment bottlenecks remain likely until EPCglobal Inc., a group spearheading efforts to develop global standards, finishes its work in this area, and material-handling and logistics companies create products around emerging sensor technology, ABI said.

The survey also revealed concerns with tag availability and performance.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of August 21, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.