In the next five years, the rapid growth of RFID applications will produce a new model.
Julie England, vice chairman of Texas Instruments and general manager of RFID department, recently said that with the continuous rapid growth of RFID market in the next five years, the consumption of tags will increase from one million to one billion, this technology will also undergo major innovation, and new applications in the enterprise value chain will appear
"the application of wireless RFID data acquisition and value chain will produce a new business model, which is very similar to the emergence of, and will promote the market from pure voice services to integrated services of information, data and transactions." As a keynote speaker at RFID world 2005, England said, "at the forefront of wireless network technology, RFID and electronic product coding (EPC) And the combination of induction technology will open up new applications, including not only identification, but also all information about fly ash as solid residue after coal combustion, from certification and identification to monitoring temperature, aging, pressure and environment
england pointed out that looking at RFID from the perspective of this network cutting-edge technology will be one of the three core elements of the company's RFID strategy in 2005. It includes the value brought by the enterprise application of RFID in the retail logistics supply chain, contactless commerce and the medical and pharmaceutical market. At the same time, it promotes the global unified standards, making it possible to produce large-capacity and high-quality RFID tags and reader modules
"when we accelerate the pace of wireless innovation and inherit the tradition of exploring new RFID markets, value, capacity and new vision are our business beliefs," England said
Ti has been a pioneer in wireless RFID technology. In the past 15 years, TI's RFID technology has been applied in car theft prevention, library management and Mobil Oil rapid payment system. At present, Ti is approaching the milestone of 500million RFID tag products and is adjusting its pace to produce one billion chips, traps, inlay and readhead modules to supply applications in retail logistics supply chain, wireless commerce and medicine industry. Ti is focusing on leading companies in the enterprise value chain in such markets, including manufacturers of consumer packaged goods, retailers, credit card companies, POS terminal suppliers, pharmaceutical manufacturers, card printing companies and system integrators
"ti's goal is to drive a large number of new RFID applications and innovations to promote the transformation of core business processes," England said, "We are investing in RF, wireless and packaging capabilities, production capacity and global resources to achieve this goal. We have prepared precautions for the use of high and low temperature universal material testing machines to guide the industry to make technological innovations in the actual performance of their own data and materials, and create value for businesses and consumers that once caused panic to parents and students
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