Frost & Sullivan analyzes the North American radio frequency identification (RFID) market and recognizes Sirit with its 2009 North American
Frost & Sullivan Award for Competitive Strategy Leadership of the Year for execution on its business strategies. ...
... "While the economic downturn had an adverse impact on most of the companies in the North American RFID market, Sirit has shown continued growth. Its success is evident from the higher revenue growth rate in late 2008 and into 2009. Revenues for Q1 2009 were $5.6 million as compared to $4.3 million in 2008, at a growth rate of 30.2 percent. The company has seen large-scale deployments recently. In October 2008, Sirit's flagship reader, the INfinity 510 was selected by 5 of the 6 integrators awarded under the Blanket Purchase Agreement contract to supply, and to support passive RFID applications to the Department of Defense. In February 2009, Sirit received an order for RFID Title 21 toll equipment to be installed on the Golden Ears Bridge near Vancouver, British Columbia, Canada. " ...
Via SIRIT:
Leadership in the North American RFID MarketLabels: award, business-strategy, frost-and-sullivan, growth, market, recognition, rfid-growth, sirit, strategy