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Government Supporting RFID
- 8/7/2009"The Japanese and South Korean governments have promoted extensive research in RFID to keep track of their high-valued assets," says Frost & Sullivan Industry Analyst Parul Oswal. "South Korea is more aggressive than others, and the government is active in initiating funding for R&D, and for actual deployments."
There has also been increasing government sector potential for active RFID deployments in Australia, considering the number of high-valued mobile assets the country owns under various government ministries. More government-backed initiatives and deployments are expected to be rolled out in the next five years across Asia Pacific, as RFID's popularity continues to grow across the region.
Despite these government initiatives, the high capital costs and system integration issues deter vendors and retailers. RFID companies should not fail to justify the business return on investment (ROI) in their eagerness to focus on technology.
There is huge potential for newer applications, where vendors need to demonstrate the uniqueness and innovation of their systems and their ability to provide an appropriate solution to a specific problem. RFID manufacturers have to work with IT experts to develop cost-effective ways to manage data and integrate it with the back-end systems.
"Ultra high frequency (UHF) is now the emerging technology, as various mandates in the retail industry are leading to its extensive adoption," remarks Oswal. "Improvisations on overall tag architecture and form factors have also benefited the RFID inlay industry, increasing growth."
Read the full story at newsblaze.com.
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