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by Chris Chiappinelli, MA Editorial Staff Posted on Friday, August 31, 2007 12:09:26 PM   | Abstract: | This Company to Watch specializes in RFID. |
RFind Systems, Inc., founded in 2005 with the aim of providing low-cost RFID systems, earlier this year launched its flagship product, Expeditor 2D, to address the location tracking needs of manufacturers. "Manufacturers spend millions and millions of dollars every year looking for stuff," including work in progress, finished products, and equipment used in the production process, says RFind CEO Sharon Barnes. "Many organizations have recognized that one of the number-one cost savings that they can bring to their organization is knowing where everything is." RFID-based real-time location systems (RTLS) can help, but the cost has been prohibitive, says Peter Harrop, chairman of IDTechEx, an RFID research firm. In a manufacturing environment, a typical RTLS system involves a combination of access points, readers, interrogators, and tags. RFind cuts costs by disposing of all but the tags. The hockey-puck-sized smart tags in its Expeditor 2D system communicate directly with one another to triangulate the location of a given asset. [Click to continue] |