RFID
Named One of Top 25 Innovative Technologies
of the Last 25 Years
WALTHAM,
Mass. - February 8, 2005 -
According to researchers at the Lemelsen
Center at MIT, Radio Frequency Identification
(RFID) is the tenth most innovative
technology of the past 25 years. CNN
television recently aired The Top 25
Innovations of the Last 25 Years in
which the internet, cell phones, personal
computers, fiber optics, email and
digital cameras were also named as
the most innovative technologies that
have changed our lives. Known as the
Father of RFID technology, OATSystems
Chief Technology Officer, Dr. Sanjay
Sarma, was featured on the program.
RFID technology
is built on a microchip the size of a
grain of sand. That chip contains data
that can be transmitted automatically
over radio waves, thereby eliminating
line-ofsight constraints and making it
possible to track individual items without
costly manual scanning. These tags are
then placed on items of all kinds - consumer
goods, shipping containers, high-value
equipment - so that their movements and
locations can be easily tracked. Retailers
expect billions of dollars in saving
by being able to track goods, reduce
theft and improve the availability of
merchandise to consumers.
"RFID
is one of those disruptive technologies
that comes along every once in a while
andvchanges the way we live and work," said
Jon Karlen, director of product marketing
at OATSystems. "Whether you are
breezing through a toll booth or using
the technology to instantaneously track
goods moving through the supply chain,
RFID opens up a range ofvpossible applications
to make life and business more efficient.
As a technology pioneer that made important
contributions in the early days of MIT's
Auto-ID Center, OAT is thrilled with
the progress of the technology and we
are committed to helping companies build
the software framework that will drive
efficiencies across their businesses.
Though the
technology has been around for decades,
cost savings and competitive advantages
expected by the likes of Wal-Mart and
the United States Department of Defense
have recently accelerated the adoption
of RFID technology. Industry analysts
expect the RFID market to grow by 47%
to reach $2 billion worldwide by 2008.
About
OAT
OATSystems, Inc. is the recognized RFID
framework leader with software that empowers
businesses to achieve competitive advantage
from radio-frequency identification (RFID).
As pioneers in the development of RFID
technology, OAT has been setting the
standard in RFID for over half a decade
and is responsible for industry firsts
that include the largest scale and largest
scope of deployments, as well as the
most innovative approaches to providing
enterprise-wide RFID solutions. OAT's
multinational client base, which includes
companies such as Hewlett-Packard and
Gillette, consists of over 30 customers
in retail, CPG, consumer electronics,
manufacturing, life sciences, aerospace
and defense. Headquartered in Waltham,
MA, OAT has offices in Chicago, London
and Bangalore and is on the Web at www.oatsystems.com.
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