RFID applications has always been blamed for its too much costly affairs. But if you look down deep of the supply and value chain you will definitely find lotsa reason to smile about. And off course you will save lotsa…not in terms of money only but also gain a hugely against your expenditure on investment.
The study (done by U.S department of Defence on AXCESS Active tag System) among other things amazingly shows the usage of battery powered RFID tags which normally costs around $5000 if activated on demand on doorways will provide automatic inventory solution along with location determination, theft protection etc thus providing a true value for money for the entrepreneur.
The company claims that the return on investment would even be better for installations like security and typical enterprise.
According to Axcess CEO Allan Griebenow the true power of RFID tagging only arises from labor savings and through protection of IT assets, intellectual properties, trade secrets and personal privacy data.
The ability to automatically locate, count, and protect IT assets and data has the potential to reduce costs and exposures at all enterprise and government facilities.”
The results of the study are contained in a white paper entitled: “The ROI for Automatic IT Asset Inventory, Location, and Protection Using RFID”
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