McKnight Associates, Inc. has been following the developments in radio frequency identification (RFID), as we believe RFID will have a positive and significant impact on business intelligence. RFID will provide enterprises with the opportunity and challenge of gleaning both real-time and decision-support information from a continuous avalanche of product and product-related data. RFID tags will be used to track pallets, cases and item-level packages as they travel through supply chains worldwide from manufacturers to distributors to retailers, and possibly beyond to consumers' homes.
RFID as a technology has been evolving since World War II when the basic concept was used to identify friend or foe aircraft. More recently, advances in cost reductions driven by Moore's Law and ever-higher production volumes have brought a large of wave of interest and commitment from both RFID technology providers and technology adopters. Additionally, mandates from key commercial and government organizations using the technology along with swelling support for industry standards has led to RFID becoming a hot topic that promises to get even hotter.
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