Blog: William McKnight

« Oracle implements multicore chip licensing | Main | On Demand Web Seminar: Operationalizing BI - Turning Insight into Action »

RFID - the next big BI thing

I've been saying that RFID is going to have a major impact on data warehouses in the future and I still believe that. The future is now for some manufacturing companies.

The key is going to be learning how to utilize the information that is going to be collected. Now that RFID is hitting the mainstream with the Wal-Mart mandate, this will become a reality now since the data is being collected and the data deluge is demanding analytics well beyond the home-built analytical capabilities being built to support the data.

Gartner Inc. expects the radio frequency identification technology (RFID) market worldwide to reach $504 million in 2005, up 39 percent from the previous year.

Much of this is going to be spent in the area of analytics such as that from early provider Tibco with RFID Interchange. RFID Interchange supports EPC Global's Application Level Event specification, important in the retail industry. And it is designed to work with existing ERP systems. These are the 2 basic requirements.

Expect a lot more from Tibco and other entrants in the near future as companies struggle and learn to deal with data volumes as never before.

Share: