Wednesday, December 14, 2005

Active RFID - A profitable business

"A strong ROI case for Active RFID made throughout the event is that despite the high tag price compared to passive tags ($5 to $100 versus sub $0.50), if it is reused many times, the cost per use can be very low. For example, a $50 tag used 10,000 times on containers of expensive equipment has a cost per use of just 0.5 cent. Savi Technology, Axcess, IDTechEx, Siemens and others made the point well. IDTechEx note that many companies that have been selling Active RFID systems or hardware for a few years say the business is profitable. Presenters also covered how Active RFID does not necessarily replace another technology but often does something new - from car clickers (about half a billion active RFID tags have been used to date for this application for the entire auto industry) to real time location of people and things." Source: idtechex.com