Corporate Overview
Founded out of the growing demand for high quality, cost effective RFID “mandated compliance” support, RFID, LTD.(OTCBB:RFDL) formed an organization that integrates over 50 years of technology and supply chain experience, with an emphasis on understanding the business objectives and strategic direction of small-to-medium sized DoD and Wal-Mart suppliers. RFID technologies have been proven in corporate and government settings for decades; however, the once dormant industry is booming with new developments and more importantly better ways to apply and extract value from the technology.
Here’s what the analysts say:
Frost & Sullivan predicts that RFID technology revenues will exceed $7 billion by 2008.
Forrester Research estimates RFID setup costs of approximately $9 million per location.
IDC approximates up to two-thirds of corporations using or considering use of RFID technology will spend $2 billion utilizing outside consultants to accomplish their goals associated with RFID.
In a recent Accenture survey, more than half of US-based respondents were under mandate to implement RFID as of the date of article publication.
IDTechEX is forcasting aggregate sales growth for all aspects of the RFID industry to hit $7 billion by 2007, and nearly quadrupling to $27 billion in 2015.
RFID, LTD. is one of the leading independent system integrators in the United States, specializing in RFID compliance case-studies, implementation and value-added scalability solution for small-to-medium sized suppliers required to comply with the Wal-Mart and Department of Defense supplier mandates.
RFID, LTD is proud to be a debt free and financially sound company. We credit our well disciplined financial department, project estimation abilities and of course our network of clients who choose to do business with us.
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