Provided by: Scientific Publishing Ltd.
Topic: Big Data
Date Added: Nov 2012
Radio Frequency IDentification (RFID) technology provides new and exciting opportunities for increasing organizational, financial, and operational performance. With its focus on organizational efficiency and effectiveness, RFID technology is superior to barcodes in its ability to provide source automation features that increase the speed and volume of data collection for analysis. Today, applications that employ RFID are growing rapidly and this technology is in a continuous state of evolution and growth. As it continues to progress, RFID provide with new opportunities to use Business Intelligence (BI) to monitor organizational operations and learn more about markets, as well as consumer attitudes, behaviors, and product preferences.