Insights Success The 10 Most Valuable Outsourcing Companies 2016

CXO Standpoint
In the Race to Win
The global RFID market is highly
competitive with the presence of
well-established global market
participants. Companies like Alien
Technology, CAEN RFID, Impinj,
Invengo, Motorola, Convergence
Systems etc which acts on a macro
level followed by Asian players like
BCIL, Honeywell, Eco Tracksys, 3M
etc dealing in multiple RFID related
domains at micro level.
There is a tremendous demand for
customized solutions like Library
Management, Campus Automation,
Vehicle Tracking, Asset
Management, Industrial Automation
and Laundry Tracking etc and each
vendor aims to provide a unique
package of innovative and cost
effective RFID solutions to its clients
where ‘identification’,
‘authentication’ and ‘automation’ are
of prime concern. The deployed
solutions helps the companies realize
their hidden and invisible operational
inefficiencies and thus makes the
system more efficient with reduced
wastage and costs. Data Analytics is
further used to analyze the data
collected through deployment of
RFID solutions which in turn help
the companies to take strategic
decisions at the right time.
Mr. Nishant Kumar Dean
Founder and CTO
Trends and Challenges
One of the biggest challenges in this
Industry is the lack of awareness
amongst its users. RFID components
which are generally exported from
European and Asian markets are a bit
more costly than their traditional
counterparts like Barcode, EM and
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JULY 2016 |