Radio Frequency Identification Technology for Logistics, Tagging and EPC

A Look Back At RFID in '07

Monday, December 10, 2007 in News

The year-end reports are starting to roll in.

As RFID Journal puts it: “2007 was a year of retrenchment, requiring startup companies with a finite amount of capital to reduce their burn rate and refocus on the markets most likely to deliver real revenues in the near term. Even larger companies with deep pockets were forced to cut budgets and become more focused, because the market just wasn’t where they expected it would be, and they could no longer afford to try to be all things to all markets.” [end] 

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