Emerging Industry Overview: Radio Frequency Identification
Industry Snapshot
In simple terms, radio frequency identification (RFID) technology involves the use of small radio tags that are able to communicate with a networked device known as a reader. These tags, which vary in size, price, and capability, consist of a digital memory chip and a transponder. They are affixed to, or embedded within, a wide range of items that manufacturers, retailers, and other parties wish to track. Much more than mere tracking devices, RFID tags contain actual data that is transmitted back to the reader. This data may include serial numbers and...