Analyst Insight: The past few years have seen IT systems moving away from advances in individual functionality to interoperability with complementary systems. Also, there's been a greater emphasis on "democratization" of applications - improving accessibility through cloud-based architectures, mobile computing, lower pricing models and improved user interfaces. We have also seen end products themselves becoming ever smarter through embedded software, making them able to react to their environment and transmit information back to supporting systems.
-- Tony Christian, Director, Cambashi
The global penetration of embedded and hybrid factory installed OEM telematics in new passenger cars will exceed 72 percent by 2021, according to ABI Research.
Analyst Insight: In 2015, I predicted that the healthcare industry was finally sharpening its focus on profitability and efficiency. While I was writing this Walgreens moved on Rite-Aid and further consolidated the retail pharmacy market, but more importantly strengthened their negotiating leverage on price breaks. If the cost of the supply chain from sourcing to production to distribution was not a priority, it just became critical to profit margins and customer service. - Brian Hudock, Partner, Tompkins International
Analyst Insight: The connected nature of today's business environment is driving exponential growth in data, which is subsequently driving improvements in advanced analytic capabilities and the opportunity to leverage advanced analytics in manufacturing processes. For industrial manufacturing firms, capturing real-time data relative to asset performance and condition enables predictive maintenance and helps to realize productivity improvements and cost savings by reducing unscheduled downtime and optimizing asset performance. - John Santagate, Research Manager, IDC
Analyst Insight: The retail apparel market continues to lead the charge when it comes to deploying innovative technologies like RFID that allow for much higher inventory accuracy levels and can pave the way for omnichannel retail strategies. Both Inditex and H&M have made strong commitments to RFID technology, following in the footsteps of Macy's, long considered the leader when it comes to RFID and apparel. According to industry estimates, nearly 4 billion apparel items were tagged with RFID in 2015. - John Johnson, Senior Content Specialist, Gartner Supply Chain
German clothing chain Adler Modemärkte is among a handful of retailers using an RFID-enabled robot called Tory to count inventory and identify the locations of merchandise on store shelves each day. The robot and the software that manages the data it collects are provided by German technology firm MetraLabs.
For many major B2B enterprises, logistics networks have never been more complex. The increasing prevalence of operations that are global - with growing numbers of production sites and clients that could be anywhere on earth - has introduced challenges that didn't exist to the same degree at an earlier time. The good news is that there has also never before been a moment when there were more tools and more opportunities to optimize logistics costs than now.
RFID technology company eAgile is marketing a solution known as eSeal that aims to enable the automatic tracking of containers of medication from the point of manufacture to the drugstore counter or a patient's hospital bedside.
PAL Robotics plans to launch its first large-scale pilot of its motorized RFID-reading robot in Europe during the second half of this year. The newest version of the Spanish company's StockBot will be tested for its ability to read the RFID tags attached to products, while software will identify where those tagged items are located within stores.
Approximately one million steel plates are rented out for construction projects each year in the Netherlands, and keeping tabs on them is made easier by an alternative to RFID technology.