CYBRA Corporation released the findings of its latest customer survey of RFID trends and results reflect an industry trend towards the increasing adoption of RFID technology.
With more than 100 companies participating in the survey, CYBRA findings showed that 34% of organizations are using, piloting, or are already in the process of implementing RFID technology – a 21% increase over a previous survey conducted by CYBRA in 2008.
Of the organizations either implementing RFID or evaluating the use of RFID, 80% of respondents agree that they will do it not only for EPC compliance, but because they realize they will maximize their profits. Of those who cited EPC compliance as a driver of RFID adoption, 24% also cited item level tagging as a current initiative.
Only 8% of respondents said that they will not be using RFID at all, due to concern of high costs and little evidence of return on investment. This is down from 2008, where 15% of respondents answered that they are not using RFID, and will not be using RFID in the future.