Businesses are implementing Internet of Things (IoT) projects for various reasons – better rate of returns on investment (ROI), implementation of digital transformation trends and utilization of innovations to gain a competitive advantage, etc. However, the implementation of complex applications involving multiple servers and sensors in the cloud carries its own brand of challenges. Yet, in order to make the implementation of IoT smarter and cost-effective, businesses are resorting to the use of the RFID technology. Read on to find about more about the advantages of this approach and the event at which you can become a leader in this and many other fields!
- Faster Simulation of Manufacturing Scenarios Involving IoT. RFID can read multiple tags simultaneously for fast and accurate data recording in real time. If you add a simulation to that, you can go a step further. This increases efficiency by allowing you to go through a number of scenarios before the production begins. This speeds up development and shortens the time typically spent on development of prototypes. With simulation, the trial and error method is kept to a minimum and the project is ultimately simplified even before its implementation begins.
- RFID Makes Devices Smarter. An RFID tag is basically a wireless device that can be placed on any object to make its application “smarter”. A typical case of using an RFID system involves the use of antennas which are set to generate a radio frequency field around specific targets, with the RFID reader tracking data whenever a tag is moved to different location. The reader is connected to the internet in order to enrich the available data from the monitored objects based on their unique identification mark. The decision-making process thus becomes smarter and better informed.
- Lower TCO with RFID. While quality and efficiency do matter, it all comes down to total cost of ownership (TCO). Combined with the correct type of application, setting up passive RFID tags such as IoT sensors can be cost-effective while minimizing ongoing maintenance and communication costs. RFID sensors do not require batteries, unlike other IoT technologies. Organizations can reduce costs if they don’t have to change batteries on multiple sensors. Also, the sensors can quickly identify the problem with the system in advance and save the company money and time.
Are you interested in introducing IoT to your business processes? Do you know the best way to pair it with RFID to make the transition to IoT smoother? You are invited to Security Summit 2020 , the largest virtual event dedicated to security industry and IoT in Southern Europe which will gather numerous experts from these and many other fields. If you need their help, expertise or even business cooperation, you can register today and make use of the Summit as the platform for B2B networking, dissemination of knowledge and B2C analytics!