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11 Aug 2008
Comments:1
Radio frequency identification (RFID) technology will offer a lucrative niche for VARs in the second half of 2008, according to industry body the Computing Technology Industry Association (CompTIA).
CompTIA carried out a survey of 155 global resellers that revealed 46 per cent of customers have implemented RFID technology, an increase of more than a third on last year.
CompTIA’s EMEA vice president Matthew Poyiadgi, said: “RFID technology has yet to truly mature. If resellers can educate themselves quickly enough there are huge rewards to be had.”
Further reading
Asset tracking is the most popular technology and has been deployed by 32 per
cent of VARs.
Mike Pullon, managing director of distributor Varlink, said: “Previously, we saw
RFID as a low-level opportunity, but it has exploded and we are looking at some
big projects.”
Anton du Preez, business development manager of voice-directed vendor Vocollect, said: “RFID had its hype curve and people are now getting practical about deployments.”
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Do you agree?
RFID - full potential still overlooked
So far, the retail industry and its supply chain have benefitted most from RFID. However, it?s time that more market sectors considered its potential for tracking corporate assets, in particular those of high value appearing on the balance sheet.
Under growing scrutiny, both the private and public sector need improved asset management, traceability and accountability. Using RFID, line managers can conduct a physical audit scanning hundreds of assets simultaneously, from a single point, with zero impact upon the organisation?s core operations. Also, tight integration with the full asset history ensures unprecedented accuracy and auditability of the entire asset register.
From highly mobile items such as laptops, to heavy machinery composed of multiple component parts that are frequently changed by maintenance without being recorded, organisations often have no idea what happens to assets day to day.
Upwards of 50% of assets on most registers are no longer in use and organisations risk over-paying insurance premiums, creating mismatched disaster recovery plans and even inaccurate company valuations. This needs to change, particularly in a tight economy.
New International Financial Reporting Standards (IFRS) demand fixed asset management accountability and a full audit trail. With IFRS becoming increasingly prevalent, the spotlight is focused on the poor management processes that have resulted in these highly inaccurate asset registers.
RFID technology has the potential to transform the entire asset management process, impacting on business continuity, disaster recovery and corporate governance.
Yours sincerely,
Karen Conneely
Group Commercial Manager
Real Asset Management
www.realassetmgt.co.uk
Posted by Karen Conneely | 12 Aug 2008
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