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The Internet of Things and the potential for RFID



RFID was invented seven decades ago, however, 23% of all the RFID tags ever sold were sold in 2013. In 2014, a further 1.12 billion RFID tags will be sold versus the total number of tags sold in 2013.Nov 05, 2014 Forward Page Print Page RFID was invented seven decades ago, however, 23% of all the RFID tags ever sold were sold in 2013. In 2014, a further 1.12 billion RFID tags will be sold versus the total number of tags sold in 2013. RFID has been trialled and piloted extensively and it is now in rapid adoption mode in many industries, for many applications and is being rolled out in a cookie-cutter approach as the high performance capability versus system cost proves payback. 
 
Converging with this is the rapidly growing interest in the Internet of Things, usually meaning powered IP based nodes, often with sensors. The Internet of Things (IoT) is of great excitement to many of the world's largest consumer electronics companies seeking to leverage the electronics that consumers now carry, providing new valuable capabilities and services. 
 
RFID will play an important part - namely by addressing the highest volume opportunity where tag price is important. That is why companies such as ×Googleis presenting atWearable Technology LIVE! USA 2014Santa Clara, CA, USA19 - 20 Nov 2014Google are involved, already having used UHF RFID in the development of glucose sensing contact lenses.

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