June 17, 2006
EPCglobal introduces RFID Value Models
EPCglobal US has released three new models what it calls RFID Value Models to enable the companies to comprehend the financial impact of installing EPC-based RFID solutions in their organizations. The RFID Value Models deal with a particular vertical market, chemical, aerospace and retail pharmacy.
These models are the databases with preprogrammed formulas to enable calculations based on real-world and user-instructed inputs. It takes into account the variables like costs and net present value over a period of five years. The students of Stanford University and Eindhoven played a great role in developing these models. Subscribers can access the new models from the organization's website.
Via: [RFid Update]
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