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

Aberdeen Group talks up RFID for retailers

Friday, April 25, 2008

Market research firm the Aberdeen Group, a subsidiary of the Harte-Hanks Company, has a new study exploring application of RFID technology for retail uses.

The study looked at 150 companies in the retail industry during February and March of 2008, and identified a great number of success stories. Among the companies Aberdeen Group labeled “Best-in-Class” for their RFID implementation, all reported substantial improvement in customer satisfaction, employee productivity, and inventory management.


The report also shows that misperceptions about RFID persist among non-users. According to the research, 53% of non-adopters still believe that RFID has not matured sufficiently to prove its ROI.

Click here for a full copy of the report. [end] 

SML Group Ltd announced the launch of its new “ViziT” RFID item visibility solutions for the retail apparel and item tracking applications.

The ViziT solutions include a range of RFID/EAS enabled paper and woven labels, as well as tickets and sticker that can be attached to garments and stacked items. Using the SML ViziT IT cloud based data management software also provides for semi automated inventory control, as well as improved loss prevention by triggering alarms and item identification at the store exit.

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Proclaiming its entrance into the RFID space, Honeywell introduced part of a new product portfolio designed to bring efficiency to the retail industry, the Optimus 5900 RFID mobile computer.

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2012 is predicted to become a “tipping point” for RFID technology in the retail sector, according to a new study from the VICS Item-Level RFID Initiative (VILRI).

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Google is looking to bring its contactless mobile payments service to the UK in time for the 2012 Summer Olympics, according to eWeek Europe.

Google Wallet, which enables customers to pay, redeem coupons and earn loyalty points all with a single tap of an NFC-enabled phone, could be tested in the UK as early as the first quarter of 2012. French newspaper Les Echos says the company is currently in talks with British banks, retailers and distributors.

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Authentication and access provider DigitalPersona released the results of a survey that found more than half of retailers rely on passwords for point-of-sale system login in, even though they also have great concerns over passwords being shared and misused.

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Leo InnoTech (LIT) and UPM RFID have carried out a large-scale item-level RFID implementation for a Chinese apparel company focusing primarily on warehouse logistics optimization.

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