Friday, August 11, 2006

Expected Spending on RFID Shrinks by 15%


In this news item, courtesy of TechWeb, ABI Research is featured for lowering its projection for RFID software and services by 15 percent, citing consolidation among vendors, lower prices and smarter users spending less. They now put the total spend at $3.1 billion... and they cite four factors for their new, lower projection: The factors were market consolidation, collaborative solutions, the growing availability of off-the-shelf commercial RFID software packages, and the improving level of skills in RFID project planning.

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