RFID systems don’t have to take years to generate a return on investment in aviation applications. By leveraging the technology across multiple applications, airlines, suppliers and manufacturers can quickly generate a positive ROI.
In Part 2 of this RFID for Aviation series, Xerafy takes a look back at how applications for RFID increasingly deliver operational performances to the Aviation industry.
Many companies used to be concerned about exactly how long it will take RFID technology to provide tangible benefits and a positive return on investment (ROI). In fact, some companies still believe that RFID solutions will take many years to provide an opportunity to recoup their costs.
Xerafy is enhancing its leadership position in the UHF RFID space by joining RAIN RFID, an industry organization that promotes the adoption of EPC UHF RFID technology. The group – which is hosted by industry trade association AIM Global and includes leading technology companies like Google and Intel – promotes deployment through education, testing and support of solution developers and end users.
RAIN, founded in 2014, has played a key role in expanding education for end users to help them select, test, and deploy new solutions, as well as providing guidance in establishing RFID’s critical role in the emerging Internet of Things (IoT). RAIN RFID’s membership has now grown to more than 130 member organizations, including hardware and software providers, end users, academic organizations, and integrators. Other notable members include Amazon, the standards body GS1, Tokyo University of Technology, and most major RFID hardware and software providers.
Xerafy also becomes a member of AIM Global, the leading trade organization for automatic identification technology companies. In addition to serving as an education and advocacy resource, AIM has also developed important industry standards for both barcode and RFID technology. Most recently, the organization released a new healthcare standard for testing non-implantable medical devices to see if they are immune to emissions from RFID systems.
Through our participation in these leading associations, Xerafy not only benefits from sharing knowledge with existing and potential partner companies, we can also help educate end users about our rugged RFID solutions and work with the industry to help shape new standards and industry use cases in healthcare and the oil and gas industries.
Where do you see a need for more information, education, or standards guidance in the RFID industry or in your own specific vertical marketplace? Let us know in the comments below, or send us an e-mail.
As we move forward into 2017, future prospects look bright for both the RFID industry at large and for Xerafy specifically. There are a number of positive trends that will impact traditional RFID markets, and that will encourage the adoption of rugged, on-metal RFID applications.
These trends include:
Recovery in oil and gas markets. Oil prices have been at historic lows due to OPEC’s strategy to keep production high in order to curb competition from domestic producers in the United States. Those low prices have cut into profits, and in turn reduced technology investment by oil companies. With OPEC’s decision to cut production this year, oil prices will return to $60-$80 per barrel and spur investment in RFID use.
The digital transformation of healthcare. Healthcare digital transformation will be driven by greater demand for traceability and transparency across the entire supply chain as stakeholders attempt to reduce costs, to improve security and safety, and to meet new regulatory requirements in the United States and in Europe. Medical device traceability requirements in the U.S., in particular, will lead more manufacturers to invest in RFID.
Growth of the Internet of Things. The IoT market will continue to expand with better security, faster computing power and Big Data. Growth in smart equipment and in smart cities will spur even more investment in intelligent sensors and RFID tags in order to enable this universe of connected assets. Forbes has even more thoughts on this.
Analytics will be in more demand. With all of the data generated by IoT systems, more and more companies will turn to Big Data solutions to help generate meaningful business information and optimize operations. (You can read more about the importance of analytics in our previous blogs.)
On-metal applications will be in the spotlight. RFID read-on-metal tag applications will become more mainstream across most industries in the coming year. This will be driven, in part, by continued investments in the key markets of healthcare and oil and gas production, but also in other applications – automotive and aerospace traceability, smart cities, connected assets/maintenance, etc.
We at Xerafy are looking forward to a productive, exciting year of RFID expansion.
The industrial Internet of Things (IoT) relies on more than just RFID tags and smart sensors: An entire infrastructure of reliable networks and powerful analytics tools will be needed to make the industrial IoT work. In a recent article over at IoT blog site Readwrite, Jason Andersen, vice president of business line management at Stratus Technologies, has outlined some of the ways companies must respond to the complexity of the industrial IoT. As Andersen writes, “bigger problems with more expensive equipment require bigger solutions with more intricate, more connected technology.”
Challenges for Industrial IoT
Many manufacturing operations are running older operational equipment and new information technology separately, but that may be unsustainable. The industrial IoT brings those two worlds together, but requires a new type of infrastructure that is virtualized, easy to use, and always on. It also requires standards and better IT security. Continue reading
The creation, implementation, and enforcement of policies, processes and standards plays a critical role in safety and efficiency in the healthcare industry. For example, to improve patient safety and reduce medical device-related errors, injuries, and deaths, the Food and Drug Administration (FDA) has introduced a new requirement, Unique Device Identification (UDI), to improve identification and tracking of medical devices. Under UDI, every medical device in use in the U.S. will have a unique code embedded within it and displayed on its packaging. By tracking these codes in a central database and recording reports of adverse events, the FDA will be able to identify product problems faster, target recalls more accurately, and reduce related errors, injuries, and deaths. To comply with these new regulations, medical device manufacturers must be able to capture, enrich, and manage accurate device attributes from their enterprise databases so they can then submit accurate, consistent, complete, and timely data to the FDA Global Unique Device Identification Database (GUDID).
With the same objectives to strengthen the supervision and management of medical devices and the sterile process in China, the National Health and Family Planning Commission of China (NHFPC) has recently revised the Central Sterile Supply Department Management Regulations which will be released soon. These new guidelines will help define and ensure traceability and auditability of sterile medical devices as well as a system to ensure data accuracy and continuous process improvement of the sterilization management. Continue reading