Monday, August 13, 2007

RFID Transponder Growth $1B

Transponder growth ia expected to top $1 billion with revenues mixed across the globe. ...

... "The global market for RFID transponders approached $1 billion in 2006 and is expected to grow at a compounded annual rate (CAGR) of 24% through 2008. Transponder revenue distribution was relatively uniform among the regional markets - EMEA accounted for slightly more than 35% of total revenues and the remaining market was, for the most part, equally divided between the Americas and Asia-Pacific regions. " ...


Via Venture Development Corp: $1 BILLION MARK

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Sunday, July 29, 2007

RFID Healthcare Report Sees Growth

Business intelligence firm issues report on the growth of RFID (Radio Frequency Identifications) technology in the healthcare industry. ...

... "RFID Opportunities in Healthcare in the U.S. forecasts an explosive growth over the next five years, reaching more than $3 billion in five years. The report shows that the U.S. healthcare industry are realizing the benefits of RFID, including the better data capacity, better efficiency in terms of offering read-write ability and greater flexibility of design. RFID technologies in general will see growth as awareness of its benefits increases and as common standards and regulations for the adoption of RFID arise. The report concludes that the need for enhanced efficiency and cost-effectiveness is the main factor fueling the adoption of RFID by the healthcare industry. " ...


Via Report Buyer: Healthcare RFID Technologies

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Monday, July 23, 2007

RFID Market Size 5B and Growing

IDTechEx provides insights into the size of the current and future RFID market. ...

... "RFID Facts and Figures: In 2007, the total RFID market size is $4.96 billion. By 2017, the total RFID market size is estimated to grow to $26.88 billion. " ...


Via IDTechEx: 2007 RFID Market Stats

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Monday, May 28, 2007

RFID Growth in Farm Supply Chain

New market research shows that the use of RFID systems and tags will increase to $5.8 billion spent in managing the food supply chain by 2017. ...

... "The allied sector of RFID on animals and in farming is similarly rising rapidly in dollars spent, an already robust figure of $462 million in 2007 rising to $2.6 billion in 2007. " ...


Via Research and Markets: RFID for Animals, Food and Farming

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Tuesday, April 10, 2007

RFID Market Briefing

Frost & Sullivan's Auto ID Group analyst, Brendon Ouimette, will present views on the RFID market at its 2007 Quarterly Analyst Briefing to be held on Tuesday, April 17, 2007 at 3:00 p.m. EDT. ...

... "This briefing will benefit industry participants, investment advisors, analysts and potential RFID adopters across many vertical markets. Highlights of the briefing include: levels of adoption, strong growth areas and analysis of qualitative growth factors in the RFID market. " ...


Via PRNewswire: Adoption in RFID Market

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Sunday, February 04, 2007

China RFID SupplyChain: Exponential Growth Opportunity

Research report explores future market for RFID technology in China and discusses the government policies towards development of RFID in the country. ...

... "China is aware of the role RFID tags can play in improving the competence of manufacturing and supply chain management and data collection. Considering the vast variety of potential applications and the power it has to cut the supply chain costs significantly, the RFID market is anticipated to record an exponential growth in China in the coming years. " ...


China Banking on RFID

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Monday, January 22, 2007

RFID Growth Accelerating

RFID is seen growing across multiple industries and end-uses. ...

... "This is a global phenomenon, not least in government applications. " ...


Via Enterprise Networks and Servers: RFID Growth

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Friday, December 15, 2006

RFID Drug Authentication eCustoms

RFID enables drug authentication in the value chain
IBM announces solution that provides ability to share and analyze real-time RFID sensor data to enable drug authentication and e-customs for clients in the pharmaceutical value chain. ...

... "The new technology, WebSphere RFID Information Center, is based on a recently completed EPCglobal standard called EPCIS, which provides a standard way to securely communicate the data created by sensors and RFID tags, and tie it to existing business information and trading partners. The growing trend of item-level tagging will create exponential growth in sensor data well beyond that generated from conventional barcode technology. This creates a need for a new way to manage this explosion of data in a manner that does not overwhelm a business and its supply chain partners. In addition to managing the massive amount of data RFID creates, two other barriers to widespread RFID adoption to date have been the lack of standards and data sharing capabilities. RFID Information Center solves all of these issues, clearing the way for wider-spread RFID adoption in various industries.

The IBM WebSphere RFID Information Center has already been successfully deployed for a number of early-adopter IBM clients across several industries, including consumer packaged goods company Unilever, the e-customs project ITAIDE in Europe, and Big Three pharmaceutical distributor AmerisourceBergen. " ...


Via IBM: IBM Enables Drug Authentication, E-Customs With Release of New RFID Technology ...

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Thursday, December 07, 2006

RFID Company Merger, Private Placement

RFID expansion through private placement
InfoLogix expands through private placement and merger to accelerate its growth strategy in the RFID healthcare market. ...

... "2006 has been a monumental year for InfoLogix, said David Gulian, Chief Executive Officer and co-founder of InfoLogix. We have been recognized by Entrepreneur Magazine as the sixth fastest growing company in the nation, and have reached significant milestones in installing over 1,900 customer solutions and 1,100 solutions specifically for hospitals. With $17 million of equity financing behind us, we can confidently execute our growth strategy as a public company. Gulian noted that the market for healthcare and RFID-based solutions continues to witness exceptional growth. Our RFID-based software, infrastructure, and services solution portfolio is poised to take advantage of this market opportunity. " ...


Via InfoLogix: InfoLogix, Inc. Completes Over-Subscribed $17 Million Private Placement and Merger with Publicly Traded New Age Translation, Inc., Creating Newly Public RFID & Healthcare Technology Company ...

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Wednesday, November 15, 2006

Sirit RFID: Revenue Increasing

Sirit sees RFID revenue increasing and it is positioned to capitalize on future RFID market growth. ...

... "Radio Frequency Solutions (RFS) related revenue represents 27% or $1.4 million of total revenue, a 180% increase over prior year reported revenue of $0.5 million. Sirit remains one of the few companies with significant, real world RFID experience with over 330,000 RFID readers deployed around the world. As supply chain adoption hovers on the horizon, our solid and profitable AVI business becomes an important differentiator among our peers, noted Anastasia Chodarcewicz, Chief Financial Officer, Sirit Inc. With continued focus on top line growth and bottom line cost controls, we believe that we should achieve a cash flow neutral position by the end of next year. " ...


Via Sirit: Sirit Reports Financial Results for the Third Quarter ...

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Saturday, October 28, 2006

RFID Future: Syscan Invests ...

Syscan announces full-year financial results which are disappointing. Yet, the company is optimistic about its future as it invests in RFID agricultural applications. ...

... "Research and Development expenses grew to $765,415 from $308,797, an increase of 148% as RFID based application development was accelerated in preparation for commercialization. At the end of the year, working capital stood at $906,578 and there was no bank debt. Mr. Axel Striefler, President and CEO of Syscan said: Fiscal 2006 was a difficult year for the Company as demand for our rugged mobile printers declined significantly due to competition from smaller, less expensive thermal printers. Nevertheless we have made tremendous strides with our RFID applications which represent the future of the Company. We are looking forward to strong growth in 2007 as we commercialize our solutions in the food, pharmaceutical and military sectors. We are particularly excited about the forthcoming implementation of our RFID based solutions in conjunction with Quebec's mandated agricultural traceability programs across the province. " ...


Via MarketWire: Syscan Releases 2006 Results

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Tuesday, October 03, 2006

SAP Cisco RFID Investment

SAP and Cisco invest in Reva Systems through investment, industry collaboration, and strategic relationships. ...

... "Reva Systems, an emerging leader among radio frequency identification (RFID) network infrastructure providers, announced $13.5M in second-round venture funding that includes a capital contribution and technology standards collaboration with Cisco Systems, Inc.; a capital investment and strategic relationship with SAP Ventures, a division of SAP AG (NYSE: SAP); and follow-on investments from Reva's original venture backers and individual investors, including North Bridge Venture Partners and Charles River Ventures. Today's announcement brings Reva's total funding to $20M including the original Series A financing in April, 2004. The investments will fund Reva's growth in a time of intensifying global RFID market expansion. The company is well-positioned with a robust RFID appliance to satisfy network management and scalability challenges that the RFID community now recognizes as the key to widespread RFID deployment.

Reva Systems receives investment from SAP and Cisco

Reva's approach and its product development are aligned with Cisco's expectation of the proliferation of RFID and the resulting demand for innovative solutions and network management to support RFID deployments. Reva is leading industry standards committees to help define network-to-reader protocols and other standards that will streamline RFID network integration, and its approach is becoming the practical model for managing readers and collecting data across any RFID implementation." ...

Via Reva Systems: Reva Secures Investments from Cisco Systems and SAP Ventures: Funding accelerates RFID network integration effort ...

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Sunday, September 24, 2006

RFID Retail Solutions POS

Tally partners to RFID-enable the retail shopping experience. It will leverage the strengths of AVAAN for integration of RFID technology into the point-of-sale process. This positions Tally in the high-growth segments of the retail industry. ...

Tally creates partnership to integrate RFID into the POS retail experience ...

... "Tally announced its alliance with AVAANA, an Innovation and Integration Services Company focused on the high growth RFID market. The Tally-AVAANA alliance is to RFID-enable Tally Products and establishes AVAANA as Tally's Preferred RFID partner. AVAANA will be providing the RFID enablement for the TallyShoper Retail POS (Point-Of-Sale) of India's largest product software company. This targets the high-growth Retail industry. This will also be deployed in an upcoming industry RFID pilot. RFID is a data collection technology that provides suppliers, retailers, manufacturers and distributors with up-to-the-minute supply chain visibility, from inventory and logistics to freshness dates. RFID is powerful because it provides a unique identifying serial number to each and every item, unlike bar codes that typically have a unique number for a set of similar items. " ...

Via Tally Solutions: TALLY and AVAANA sign MOU for RFID As Tally's Preferred RFID Partner, AVAANA's RFID technology enables Shoper for Retail industry ...

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Tuesday, September 19, 2006

RFID Seamless Mobility: Moto Acquires Mobile Technology Leader, Symbol ...

Motorola makes strategic acquisition of wounded-prey Symbol Technologies with an eye towards the convergence of digital and mobility as an engine for future growth. ...

RFID Technology supports seamless mobility ...

... "Symbol is a leader in designing, developing, manufacturing and servicing products and systems used in end-to-end enterprise mobility solutions featuring rugged mobile computing, advanced data capture, radio frequency identification (RFID), wireless infrastructure and mobility management. The company's products and services help customers increase workforce productivity, improve customer service and enhance operational efficiencies by delivering information in real-time, as people, information and assets are on-the-move. " ...


Via Moto: Motorola to Expand Enterprise Capabilities Through Acquisition of Symbol Technologies ...

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Tuesday, September 05, 2006

RFID Supply Chain Company Acquired ...

Illinois Tool Works acquires Click Commerce, a growing supply chain software company that leverages RFID technology to create real-time visibility. ...

... "Illinois Tool Works reaches an agreement to make a cash tender offer to acquire all of the outstanding shares of Click Commerce, Inc., a leading provider of on-demand supply chain management solutions. As part of the agreement, ITW would purchase all of Click Commerce's outstanding shares for $22.75 per share. The total value of the transaction, including outstanding stock options, is approximately $292 million. The boards of directors of both companies have approved the transaction.

ITW acquires growth business in emerging RFID technology applications ...

With trailing 12 month revenues of $74 million, Click Commerce's supply chain software solutions enable millions of users around the globe to collaborate, in real time, with partners across their extended enterprises. The company's range of software products includes B2B e-commerce solutions for demand chain management, real time RFID-enabled supply chain management, service supply chain management providing visibility at all levels of the service network and master data management allowing harmonization of master data across an extended enterprise.

ITW is a $12.8 billion in revenues diversified manufacturer of highly engineered components and industrial systems and consumables. The company consists of approximately 700 business units in 48 countries and employs some 50,000 people. " ...

Via Illinois Tool Works: Illinois Tool Works Inc. to Acquire Click Commerce, Inc. ...

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Tuesday, August 15, 2006

RFID Retail: Growth Plans: AbsoluteSKY ...

RFID solutions provider expects solid growth prospects for retail RFID applications. ...

... "AbsoluteSKY, Inc., developer of RFID-based inventory tracking systems for specialty retail, provides additional details on its business targets for the next 18 months. Buoyed by strong reaction to its intelliTRACKER product suite, positive channel feedback and continued overall market growth, the Company is projecting initial installations of its product suite with four national retailers within the next few months. Revenues of $25M, with a booking backlog of $60M, are in the Company's forecast for 2007. Professional research firms are projecting continued double-digit growth for retail RFID, with global spending rising to $3 billion by 2010 - a six-fold increase from 2005.

Retail RFID market expected to post solid growth performance ...

Other researchers post even more aggressive figures, estimating the size of the RFID market in North America alone to be $2.7 billion, and $6.1 billion worldwide! AbsoluteSKY's intelliTRACKER product suite ties together multiple technologies to provide retailers with real-time item-level inventory tracking. Its extensive benefits include the ability to increase inventory turns, virtually eliminate missed sales and gain extensive real-time control over loss prevention." ...


RFID Retail: Growth Plans: AbsoluteSKY Anticipates Fast Growth for its Retail RFID Business ...

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Monday, August 07, 2006

Alien RFID IPO Off ...

Alien Technology, provider of UHF Radio Frequency Identification (RFID) products and services, has decided not to proceed with their initial public offering due to the conditions in the stock market for recent IPO's. Now, the company must focus on operational efficiency to manage their cash flow in order to support business growth. ...

... "Alien Technology Corporation today announced that the company has withdrawn its Registration Statement on Form S-1 with the Securities and Exchange Commission and has determined not to proceed with the registration and sale of its common stock at this time. No shares of the Company's common stock have been sold pursuant to the Registration Statement. The Company may undertake a subsequent private offering of securities in reliance on Rule 155(c) of the Securities Act. " ...


Alien RFID IPO Off: Via Alien Technology: Alien Technology Withdraws Registration Statement for Initial Public Offering ...

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Wednesday, July 19, 2006

RFID Item Level Tag Growth ...

RFID-enabled item level tagging sees higher growth rates as applications increase in multiple industries ...

... "IDTechEx has recently upped its forecasts of item level tagging based on faster than anticipated progress, where the benefits are greater and the income is more equitably spread through the RFID and consumer goods value chains. " ...

2000 RFID Case Studies Reveal Surprises: Via IDTechEx ...

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Thursday, June 29, 2006

RFID Wireless Sensor Networks: System on Chip ...

New system-on-chip design support RFID sensor networks and other monitoring applications. ...

System on chip: RFID monitoring applications ...

... "Coronis announces the launch of a single-chip solution for OEMs and integrators that provides ultra-low power consumption and long-range features for wireless sensor networks (WSN). The Wavenis SoC will be ready for production in late 2006 to ship in 2007. The new Wavenis wireless System-on-Chip (SoC) transceiver design delivers an optimal price-performance ratio for various types of battery-powered sensor devices, such as RFID tags, utility meter monitors, industrial temperature monitoring systems, and more. Coronis currently has over 650,000 Wavenis-enabled devices deployed, with orders for another 400,000 to ship before the end of 2006. For the past several years, Coronis has concentrated its efforts on perfecting its unique ultralow-power (ULP), long-range Wavenis wireless transceiver. Consistent with its long-term growth strategy, the company is now moving forward with an even more sophisticated and costeffective solution for OEMs. The new SoC incorporates an enhanced Wavenis wireless transceiver and a unique, ultra-low-power microcontroller. Combining Wavenis, which consumes miniscule amounts of energy, with a power-optimized microcontroller not only significantly reduces consumption in every device, but throughout the entire WSN. " ...

RFID Wireless Sensor Networks: System on Chip: Coronis launches ultra-low-power system-on-chip design: Provides both ultra low power consumption with long range wireless features for sensor networks and RFID systems ...

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Sunday, June 04, 2006

RFID Infant Protection: Global Adoption ...

Infant protection system based on RFID technology sees global growth ...
Verichip sees further global adoption of its RFID infant protection system, as it expands its international distribution. ...

... "VeriChip Corporation, a subsidiary of Applied Digital, announced that its Hugs and HALO infant protection system has expanded its international distribution to Kuwait. YTD 2006 revenue now exceeds $4.0 million, which includes record Q1 sales of 40 new infant protection systems within North America and abroad. This marks the company's continued strength in the infant protection market, both within North America and abroad, building on the over 900 facilities already using VeriChip's Radio Frequency Identification (RFID) infant security products. Using wearable RFID tags placed on infants and mothers combined with electronic monitoring of exits, VeriChip's systems are designed to help protect newborns from possible abduction and to help ensure mothers are matched with the correct infants during their stay. The Hugs system offers security against infant abductions while requiring little administration and training. The HALO Infant Protection System utilizes patented skin-sensing tag technology and is modular in design allowing facilities to add functionality as needed. " ...

RFID Infant Protection: Global Adoption: Via VeriChip: VeriChip Corporation Hugs and HALO Infant Protection Leadership Expands International Distribution to Kuwait ...

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Monday, May 22, 2006

RFID Adoption Rate Increasing ...

NCR RFID study shows rates of adoption is increasing ...
RFID adoption rate is increasing according to new study sponsored by NCR. ...

... "According to the survey RFID: How Far, How Fast? sponsored by NCR Corporation and conducted by Retail Systems Alert Group, the adoption rate of RFID is moving at a modest pace. Many challenges, both technical and cultural, continue to impede the growth of RFID. However, there is reason to believe that growth may be on the way. Highlights of the survey include:

Retailers are lagging far behind manufacturers in adopting RFID. Only 9 percent of retailers who responded to the survey have an RFID-implementation timeline, and the majority of retailers who responded positively estimated their organization's overall revenue to increase to $5 billion or more; 44 percent of manufacturers have developed a timeline. Although fewer retailers reported a timeline for implementation, those retailers that have a timeline reported that they are spending more than in 2005, according to survey results.

According to the survey results, manufacturers are focusing their attention on one to 50 product lines, rather than across a broader range of product lines as was reported in the 2005 survey results. Among those companies that have a timeline for RFID adoption, most respondents (both retailers and manufacturers) report that they have pilot distribution centers up and running. " ...

RFID Adoption Rate Increasing: Via NCR: Adoption Rate of RFID is Moving at Modest Pace, But There is Reason to Believe Growth May Be on the Way, According to New Study

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