RFID & NFC Technology

RFID/NFC based solutions deliver multiple advantages over the more traditional solutions, which combine to make RFID one of the most rapidly emerging domains across the world. At a simple level, RFID systems consist of three components: an RFID tag or smart label, an RFID reader, and an antenna. RFID tags contain an integrated circuit and an antenna, which are used to transmit data to the RFID reader (also called an interrogator). The reader then converts the radio waves to a more usable form of data. Information collected from the tags is then transferred through a communications interface to a host computer system, where the data can be stored in a database and analyzed at a later time. Data collection can be a by-product of other activities, eliminating the need for effort in form filling. Identifying products using RFID is quicker than barcode scanning or manual entry of product details. Access control systems using RFID contribute to improved security of business premises. RFID can provide a service that creates competitive differentiation and promotes increased customer satisfaction with the opportunities for higher sales and better margins. Because RFID technologies can be integrated with other manufacturing or supply chain technologies (automated pallet handling, stock picking systems, etc) the time from order to despatch and delivery can be reduced. Because RFID allows data to be captured in real-time as stock or assets are moved detailed, up-to-date, management information is available for planning and operational management purposes.