RFID Journal:Scaling Down RFID Investments
By Priyanka Gouthaman
Dec. 25, 2006—Layoffs and cutbacks appear to be the new buzzwords within the industry, with announcements from both Sirit and Checkpoint Systems in recent weeks. Critics of RFID technology have been quick to point to such announcements, claiming the market continues to be driven more by hype than by reality. However, the scaled-down efforts are not reflective of the industry's potential. Frost & Sullivan believes the potential for RFID definitely exists, and that growth patterns are likely to resemble that of the earlier bar-code market.
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