Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Intermec and METRO: What's The Verdict?

Tuesday, July 3, 2007

At the end of june, Everett, Wash.-based Intermec announced the deployment of its products as part of the major RFID deployment ramp-up by German retailer METRO Group

The verdict? Mostly a good one, according to a news story published earlier by RFID Update, based on an analysis of an investment firm’s report on the collaboration.

Investment advisory firm Raymond James & Associates has published a report on these developments and how they might affect the company in the near and medium term, according to RFID Update. The news outlet also surmises:

Overall, the news is clearly good for Intermec; the question is how good. Raymond James quantifies the revenue potential for the starter pack opportunity in the millions. If Intermec is able to sell a single starter pack to 85% of the approximately 650 METRO suppliers affected by the RFID ramp-up, the company could see five to ten million dollars in new revenue in the near term. Raymond James expects that orders could start coming in this calendar year. [end] 

The Los Angeles County Metropolitan Transportation Authority plans to lock the gates and turnstiles at dozens of subway stops to force people into using their prepaid TAP (Transit Access Pass) card, according to a local news report.

read more »

The Delhi Metro is in the process of acquiring new automatic fare collection gates that will enable passengers to recharge their metro cards without paying cash, according to TruthDive.com.

read more »

Findings from an IMARC Group study reveal that the demand of smart cards in the automatic fare collection system in India is expected to grow exponentially in the next five years.

read more »

Air-Trak, in collaboration with Intermec, announced a partnership with Specialty Solid Waste & Recycling to deliver a new RFID solution to improve billing accuracy and customer support for solid waste management.

read more »

NXP Semiconductors announced that its MIFARE DESFire EV1 platform has been selected to manage the automated fare collection of the newly opened metro in the Indian city of Bengaluru, formally known as Bangalore.

read more »

The Paris Metro’s 2013 Navigo transit card may come with a new feature that enables users to top up their card accounts via mobile phone, according to the Verge.

read more »