Week of 1/5/09


Welcome to RFID 24-7

RFID 24-7: Your source for news and trends from the RFID and auto-ID industry

Lead Story

Banking industry expects to receive
pre-tagged IT assets by this spring

The banking industry is quickly moving toward adopting RFID technology to track IT assets, and expects to start receiving assets pre-tagged with passive RFID tags by late March or early April. Major banks and IT vendors like Sun Micro, Dell, IBM and HP all participated in a meeting with bank executives late last month, where RFID numbering requirements for IT data center assets were unveiled. The meeting was hosted by the Financial Services Technology Consortium (FSTC), which has been studying RFID for the last year.

"We really strive to effectively manage and control all of our internal assets, and by removing as much of the human element as possible, it's a win-win for everybody."
Mike Russo, Wells Fargo

After a follow-up meeting in Florida in March, the hope is that IT vendors will be ready to start tagging items like servers, routers, blades, storage devices and other high-tech equipment at the point of manufacture. The requirements for the numbering system have been distributed to IT vendors, who are expected to offer their feedback on the proposal this month.

Mike Russo, senior vice president of Automated Identification Technologies at Wells Fargo, says that his firm has already tagged about 40,000 of the IT assets it owns.

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German maker of plumbing supplies
turns to RFID

Hansgrohe relies on SAP solution to optimize production processes and reduce inventory levels.

Read the official press release

Savi wins role on DoD’s
RFID III contract vehicle

All U.S. Defense services, federal agencies and allied international defense forces can order from RFID III contract.

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PC Guardian unveils
IT asset tracking solution

Company says that by streamlining inventory counting processes and reducing labor costs with RFID tagged assets, many users can recover their costs within six months and achive an internal rate of return of 200 percent.

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DAILY RFID unveils
world’s smallest tag for jewelry

New system, designed to automatically track jewelry in retail, wholesale, or secured storage, enables entire trays of tagged jewelry to be scanned simultaneously.

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M/A-COM Technology unveils
direction of travel (DOT) portals

DOT portals powered by Impinj Speedway® readers and M/A-COM Technology Solutions antennas improve tracking life-cycle of RFID tagged items.

Read the official press release

Issue: 0109

John Johnson, Editor

From the Editor

Welcome to RFID 24-7, your source for news and trends from the RFID and auto-ID industry.

Happy New Year! It remains to be seen how RFID will fare in '09, but one of the hottest applications is IT asset tracking. Learn how major banks like Wells Fargo are using the technology in our lead story. More

We welcome your feedback. Let us know what you think of the issue, and any topics you'd like to see covered in the future.

About the Editor

John R. Johnson is a veteran business and technology journalist with over 15 years of experience covering RFID technology and supply chain topics, first as editor of Warehousing Management and most recently as editor of DC Velocity.
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RFID 24-7 is published every other week by Bumpkin Island Online Media.

Editor & Publisher: John R. Johnson

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