An RFID system has readers and tags that communicate with each other by radio. RFID tags are so small and require so little power that they don’t even need a battery to store information and exchange data with readers. This makes it easy and cheap to apply tags to all kinds of things that people would like to identify or track.
RFID technology has the capability to both greatly enhance and protect the lives of consumers, and also revolutionize the way companies do business. As the most flexible auto-identification technology, RFID can be used to track and monitor the physical world automatically and with accuracy.
RFID can tell you what an object is, where it is, and even its condition, which is why it is integral to the development of the Internet of Things—a globally interconnected web of objects allowing the physical world itself to become an information system, automatically sensing what is happening, sharing related data, and responding.
RFID use is increasing rapidly with the capability to “tag” any item with an inexpensive communications chip and then read that tag with a reader. Endless applications range from supply chain management to asset tracking to authentication of frequently counterfeited pharmaceuticals. Applications are limited, in fact, only by the imagination of the user.
RFID can help:
Whatever the application, RFID has the potential to increase efficiency of operations, improve asset visibility and traceability, decrease reliance on manual processes, reduce operations costs, and provide useful data for business analytics.