June 07, 2004

Almost Half of North American Executives Expect High ROI from RFID Investments

According to internetnews.com:

"As the technology improves and business cases become clearer, nearly half of North American manufacturing executives expect a high return-on-investment from radio frequency identification projects, a new study from the consulting firm Accenture finds.

"The relatively upbeat outlook is largely due to progress in addressing stumbling blocks that have threatened to delay adoption of RFID and electronic product codes, the underlying system of identifying an item's manufacturer, product category and serial number.

"'Global standards will be in place in the not-too-distant future,' said Lyle Ginsburg, managing partner for technology innovation at Accenture, in a keynote address at IDC's RFID Update conference here this morning." Read more

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