BEA Systems and HP announced a strategic partnership this week that combines their radio frequency ID (RFID) talents.
Under terms of the agreement, HP will offer BEA’s WebLogic RFID products as part of its manufacturing, consulting, integration and support services that target supply-chain problems across multiple industry segments.
In addition, the agreement will provide RFID solutions geared toward retail operations and asset management, and RFID compliance and tagging solutions for suppliers.
Wai Wong, BEA executive vice president of products, said in a statement that BEA and HP’s one-two RFID punch will help businesses meet service-level agreements, ensure compliance and drive a transformation towards a demand-driven supply chain.
The worldwide market for RFID systems and services will grow from about $2.7 billion this year to $12.3 billion in 2010, according to RFID research firm IDTechEx.
Up to 1.3B RFID tags will be sold this year and used to pinpoint everything from airline baggage to a case of green beans sitting in a food warehouse.
Mega-retailer Wal-Mart is perhaps the biggest retail user of RFID tagging in the U.S., launching a major pilot program a few years ago and eventually requiring hundreds of its top suppliers to jump on the RFID bandwagon.
So far, the ride has been successful, resulting in a 16 percent reduction in out-of-stock items and a reduction in excess inventory, according to a study conducted by the RFID Research Center at the University of Arkansas.
Wal-Mart’s new Ford last week reaffirmed the company’s commitment to RFID tagging stating the company would continue to work with suppliers to eventually tag all items offered in its stores.
This article was first published on InternetNews.com. To read the full article, click here.
Ethics and Artificial Intelligence: Driving Greater Equality
FEATURE | By James Maguire,
December 16, 2020
AI vs. Machine Learning vs. Deep Learning
FEATURE | By Cynthia Harvey,
December 11, 2020
Huawei’s AI Update: Things Are Moving Faster Than We Think
FEATURE | By Rob Enderle,
December 04, 2020
Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ Era
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 18, 2020
Key Trends in Chatbots and RPA
FEATURE | By Guest Author,
November 10, 2020
FEATURE | By Samuel Greengard,
November 05, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
November 02, 2020
How Intel’s Work With Autonomous Cars Could Redefine General Purpose AI
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 29, 2020
Dell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
October 23, 2020
The Super Moderator, or How IBM Project Debater Could Save Social Media
FEATURE | By Rob Enderle,
October 16, 2020
FEATURE | By Cynthia Harvey,
October 07, 2020
ARTIFICIAL INTELLIGENCE | By Guest Author,
October 05, 2020
CIOs Discuss the Promise of AI and Data Science
FEATURE | By Guest Author,
September 25, 2020
Microsoft Is Building An AI Product That Could Predict The Future
FEATURE | By Rob Enderle,
September 25, 2020
Top 10 Machine Learning Companies 2021
FEATURE | By Cynthia Harvey,
September 22, 2020
NVIDIA and ARM: Massively Changing The AI Landscape
ARTIFICIAL INTELLIGENCE | By Rob Enderle,
September 18, 2020
Continuous Intelligence: Expert Discussion [Video and Podcast]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 14, 2020
Artificial Intelligence: Governance and Ethics [Video]
ARTIFICIAL INTELLIGENCE | By James Maguire,
September 13, 2020
IBM Watson At The US Open: Showcasing The Power Of A Mature Enterprise-Class AI
FEATURE | By Rob Enderle,
September 11, 2020
Artificial Intelligence: Perception vs. Reality
FEATURE | By James Maguire,
September 09, 2020
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Advertise with Us
Property of TechnologyAdvice.
© 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this
site are from companies from which TechnologyAdvice receives
compensation. This compensation may impact how and where products
appear on this site including, for example, the order in which
they appear. TechnologyAdvice does not include all companies
or all types of products available in the marketplace.