RFID (Radio Frequency Identification), the technology of the future, has established itself in our daily lives seamlessly. The presence of RFID can be felt and seen in different sectors, starting from effective inventory management and road toll collection to mapping the individual participants in events.
Companies that have already integrated the technology are outspoken about the advantages. The companies also focussed on the higher ROI they have received after the implementation of the technology.
Let’s find out some potential industries where RFID has witnessed rapid growth and has helped businesses to flourish.
Healthcare is one of those booming sectors or industries that is said to have maximum adoption of RFID. The use of Radio Frequency Identification technology has helped in improving efficiencies and increased asset visibility. This, in return, has ensured a better patient experience and outcome.
Apart from large-scale adoption for smooth functionality of the hospitals and healthcare facilities, RFID is also used extensively for general medical applications like measuring heart rate, blood pressure, breath rate, etc.
The retail industry is one of the earliest adopters of RFID technology. It was Wal-Mart that initially introduced RFID in the early 2000s, and since then, it has become an integral part of the supply chain and inventory processes for retailers.
RFID ensures smooth inventory management and also offers out-of-the-box business strategies that have helped businesses to thrive. It is not only beneficial for retailers but customers also. RFID enables retails to gather valuable information and offer deeper product information so that they can offer personalized promotions in a short span of time.
RFID is equally thriving in the security industry. Some major and effective applications of RFID can be seen in color-changing tags when tampered with, holograms offering unique evidence of interference as well as data encryption.
Biometric devices or fingerprint scanner powered by RFID has significantly impressed a large section of the population. Personnel tracking system powered by RFID is in great demand in the industry. The technology ensures that only legitimate individual enters the area and there is no threat of trespassing.
RFID has a great time when it comes to the aviation industry. The airlines’ manufacturers are implementing RFID in order to identify, track and manage critical components. This, in return, saves a considerable amount of time and eliminates errors.
Passengers can also benefit from RFID as it helps them to locate their baggage in a short span of time. Additionally, it also impacts airport security. Most of the busiest airports integrated RFID in order to avoid long queues for check-in and issuing boarding passes.
RFID is also very popular in different manufacturing industries like paper and pulp, automobile, pharmaceutical, packaging, etc. The automated manufacturing processes in modern times need reliable and easy ways to track materials, assets, or parts.
Manufacturing processes at times are carried under severe environmental situations like high pressure, extreme temperature, presence of chemicals, humidity, etc. use of RFID is very effective in such odd conditions.
The use of RFID technology enables businesses to have a better opportunity to succeed and proceed. The use of RFID has been poised for explosive growth in different sectors across the world. Please share your insights on what do you think about the technology below in the comment section.