The iWipe App

I was recently reading an article by Yukari Kane in The Wall Street Journal Online. The article mentioned an interesting new application for iPhone users called iWipe. It is geared towards protecting iPhone users’ location privacies, due to a bug in the iPhone that causes location history to be stored in a database. The company that created the app is in the dating service industry and apparently made the app so “swingers” would not get caught in their tracks.

I think this is a great idea and a direct portrayal of the creativity of American companies. An application that can protect an individual from cheating on their significant other is remarkable. I do not condone the action that would make this application necessary. Yet, there is definitely demand and a market for this application for certain individuals. Once the word gets around about what the iWipe is for, many will be suspicious as to why their significant other has this application downloaded. But then again, the app does meet the needs of those seeking greater privacy.

Sources: Yukari, Kane. “The Wall Street Journal Online”. http://blogs.wsj.com/digits/2011/05/03/new-app-aims-to-erase-swingers-online-tracks/?mod=yahoo_hs

Taxi of Tomorrow

Nissan has won the “Taxi of Tomorrow” bid. I have never heard of this competition, but apparently it is used to decide on the future taxi cabs used in New York City. Nissans will be used in 2013 and forward. They also mention a fully electric version of the Nissan taxi, which will be released in 2017.

The new taxis will have mobile device charging stations and GPS systems. Once again, technology is permeating all aspects of life, even in a cab. When you think about it, the taxi system in NYC is rather dated. Old Ford Crown Victorias are everywhere with their gas-guzzling engines and there is very little technology available in the current taxis. The experience is horrible and I prefer to walk reasonable distances. Overall, I welcome the integration of new technology in the taxi system, but there are many other opportunities to integrate technology in taxis that are not being utilized. Tablet devices could be available for passengers and mounted in the taxis, of course for an extra fee. But then again, this may be a bad idea based on the driving habits of certain employees. Additionally, it is possible that cab users do not care about the cab experience. Most are just in a hurry to get somewhere. These upgrades to the taxis could be meaningless.

Sources: http://media.il.edmunds-media.com/nissan/ns/nissan_f34_ns_111710_717.jpg

RFID in Humans

I keep hearing the claim that RFID chips implanted in humans would be beneficial. I would have to agree with that claim. The benefits of a technology that would be able to track humans and store valuable information are numerous. An individual could have credit card information, driver’s license and medical information all stored in that one chip. It would most likely increase efficiency in healthcare settings and have a “green” effect by reducing the amount of paper and plastic used in many settings.

Yes, these are all great benefits. However, RFID in humans comes with many negatives. I would never want an RFID chip implanted in my body. Access to where I am and what I am doing would be granted to anyone who can hack the system. I would assume my feelings of RFID are similar to many others. Although this technology offers numerous benefits, the privacy issues are overwhelming. These privacy concerns explain why this technology has been only adopted on a small scale. Also, technology changes and becomes more improved every year, which may mean the chip becomes obsolete. Are we supposed to remove the chip from our body and update it every few years?

Source: http://theonlinedisciple.files.wordpress.com/2010/08/chipdees.jpg

Where is Netflix’s Share Price Heading?

Netflix (NFLX) first quarter earnings were recently announced and very promising. The company saw an 87% increase in earnings. There is said to be a gain of 3.6 million subscribers over the past quarter. The company is dedicated to providing online video-streaming. I personally enjoy the services Netflix offers and plan on joining the Netflix community. I expect there to be much growth in the future for this company. As the prices of basic television service continue to rise, I believe more people will adopt Netflix. Netflix allows users to view almost any movie or television show on command. Netflix meets the needs of consumers in an immediate fashion. There is no need to be limited to the shows or movies aired on basic television networks.

So, where is the stock headed? I believe there will be tremendous growth in earnings for Netflix in the near future. I also think it will exceed analyst estimates. The company’s stock is currently trading at $251.67. Although Netflix’s price earnings ratio is rather high at 85, I believe the growth this company will experience will exceed estimates and drive the stock higher. The majority of the investment community believes Netflix is overvalued at its current price, but I disagree.

Source: http://www.unplggd.com/unplggd/news/news-usps-sticks-it-to-netflix-038258

Are QR Codes Here to Stay?

Quick Response or QR codes are similar to a two-dimensional barcode. They serve many purposes in the advertising industry. Smartphone users can capture the QR code and their Smartphone will take them to the website specific to that QR code. They can be seen in Times Square, New York and in many other advertising settings. I have seen QR codes appearing more frequently, but have yet to actual partake in its function.

What do QR codes mean for business? QR codes serve a great purpose and are very creative. However, I do not think they will last very long. They must be complemented by a true advertisement, if not consumers will have no incentive to capture the QR code. The physical space the QR code takes up in an advertisement may also be used for better advertising purposes. The main issue is, QR codes do not advertise on impulse, companies are banking on consumers actually interacting with the advertisement. It seems to me that few people have the time to do so. However, many consumers want information in a hurry and by having a QR code, advertisers are satisfying that demand. The QR code is interesting, but it appears to be a trendy type of advertising creation that will surely fade.

Image Source: http://www.chipchick.com/wp-content/uploads/2010/06/qr_code_moftb.jpg

Apple Claims Samsung Copied Design

If you have not heard already, Apple plans to sue Samsung alleging that the company violated Apple’s patents and trademarks. The main dispute is between the iPhone and Samsung’s smart phone called Galaxy S i9000. The two phones are pictured at left with the Samsung device on the left and the Apple device on the right. It is easy to confuse the two.

When you look at the two products, the “copying” of the iPhone is apparent. In my opinion, what Samsung did was clearly wrong. It appears that designers at Samsung drew up an iPhone “knock-off”. The designers knew the iPhone was a hit, so they figured they would make their own model. That is a great idea and there is nothing wrong with following great ideas, but Samsung should do so with some creativity and save their dignity by not designing a carbon copy of the iPhone. Yes, ideas are only new for so long, but corporations should be courageous and try to make their own innovations, instead of blatantly using others. However, the court case turns out, I hope Samsung does not make another decision like this, because it is destroying their reputation.

Sources: ZOMC ITSCJ. http://farm5.static.flickr.com/4099/4795989856_5d1680f0a2.jpg

Who Else Believes They Own Facebook?

As many of us already know, Mark Zuckerberg, the creator of Facebook has been battling lawsuits concerning the equity stake in his corporation. Certain individuals who went to college with Zuckerberg believe they are entitled to a percentage of Facebook’s equity. Their claim is that they had business dealings with Zuckerberg in the past and invested in his company.

In my opinion, their entitlement claims are silly and hollow. It appears that there are some bitter and greedy individuals, and lawyers, looking to make a quick score off of Zuckerberg’s success. One man has the audacity to claim he was entitled to 84% of Facebook’s equity. These individuals should try a different scheme to make money. Their arguments have no value and border on pure greediness, for both the attorneys and the plaintiffs.

Will iPad Magazine Subscriptions Work?

After reading an article about magazine companies issuing subscriptions on the iPad, I wonder if this idea can be successful. My intuition makes me believe that this will be successful. But then again, when I really think about the concept it seems flawed. With an iPad, most information is at your fingertips. If one wants entertaining news or data, it is normally a search away. I would not be willing to voluntarily sign up for magazine subscriptions on an iPad when entertaining information can be found on the Internet for free. Bloomberg Businessweek will begin selling subscriptions for $2.99 on the iPad. When you look at the business strategy behind this, it makes perfect sense for any magazine to use the iPad, regardless of my personal appeal for this idea. Magazines will have more exposure and a new revenue source. Also, they are adapting to their external environment, as paper becomes more and more obsolete. Overall, I do not personally like reading magazines or news on a device. Many enjoy the “real” newspaper or magazine, which is tangible and readers can feel. Yet, iPad magazine subscriptions are good ideas that bring many benefits. It seems as if there is little that can go wrong with this idea. But then again, we shall see.

Google Street View Map Invades Privacy

A recent court case in Switzerland concluded that Google's Street View Map is an invasion of privacy. The service allows users to virtually tour a street and see the surroundings, similar to a person driving down the street in a vehicle. I do not know how this can be considered a violation of privacy as it is a simple street view with little functionality or detail. However, I am not a lawyer and their obviously must be something intrusive about the service. I personally believe there must have been some form of bias in this case. Could it be that Switzerland is hostile towards the U.S. based company? Many Americans would argue that Google's service does not invade privacy. It is the same as driving your vehicle down a road and glancing out of the window. Yet, Switzerland's culture is different when compared to the United States. From this ruling, I can conclude that Switzerland cares deeply about the freedom of its citizens. However, if this service was outlawed in the United States I would be very disappointed. Google's Street View Map is useful at times and allows users to become familiar with a foreign area.

IBM Involved in Possible Health Care Industry Breakthrough

IBM recently announced it has developed a tiny drug that can combat dangerous viruses that are resistant to antibiotics. Researchers say the nanoparticle can discover and destroy antibiotic-resistant bacteria, such as the infamous MRSA that has caused a public outcry. James Hedrick, one of the IBM researchers, claims the nanoparticle is 50,000 times smaller than the thickness of a human hair. Why does all this matter? In my opinion, nanotechnology is the future. I believe large investments should be made in this industry. The benefit it offers to health care researchers is enormous. I have heard of other types of nanotechnology that allow particles to be entered into the blood stream to combat and clear clogged arteries. The fact that technology companies like IBM are involved in this research is important. Technology companies may be able to grow their revenue streams with new nanotechnology products by partnering with the health researchers. To find out the details of this technology, read the article by Winslow and Tibken at The Wall Street Journal Online. Sources: Winslow, Ron & Tibken, Shara. “The Wall Street Journal Online”. 4 April 2010 http://online.wsj.com/article/SB10001424052748704587004576240603195333820.html?mod=WSJ_Tech_LEFTTopNews

Google’s Lame Attempt to be More Social

After reading Amir Efrati’s article in The Wall Street Journal, I have learned that Google would like to be a more social presence on the Web. I also learned that Google attempted to launch a social media site last year called Google Buzz. Maybe I am in the dark ages, but the fact that I heard about Google Buzz a year after it was lunched explains its failure. Never have I seen any form of advertisement for Google Buzz. Yes, this may seem like old news, but I find it astonishing that a company like Google could fail so epically at marketing a social media site. Why not mass market on the main Google web page? Google advertises Google Chrome in such a way and it is a successful product. In short, I do not know what Google was thinking with their social media site. I guess the fact that I heard about it a year later, as have many others, explains the failure. Now, Google is attempting to integrate “social searches” that would supposedly allow user friends to rate the site that shows up in a search. Sounds like another terrible idea to me. Maybe I will be wrong. Overall, I think Google should stick to what it does best. Trying to make Google similar to Facebook is a mistake, especially when Google makes modest attempts at a new idea. Sources: Efrati, Amir. “The Wall Street Journal Online”. 31 March 2011 http://online.wsj.com/article/SB10001424052748703806304576232771273306208.html?mod=WSJ_Tech_LEADTop

New Operations Chief at TD Ameritrade

TD Ameritrade recently hired their first operations manager. Many would believe an online company would not need a traditional operations manager. As a matter of fact, TD Ameritrade never had anyone occupying this position. It is surprising that a company of this size would not have a manager solely dedicated to the operations of the firm. Being an online company, TD Ameritrade has countless transactions occurring daily. Information must flow smoothly and the information systems must be in place to support these processes. As a result, it is expected that TD Ameritrade would hire an operations manager with a strong technology background. The new hire, Marvin Adams, oversaw technology and led information-technology strategy and policy in his latest position. Maybe, Mr. Adams can provide cost saving insight to a company that is on the rise and continues to post outstanding financials. Jarzemsky, Matt. “The Wall Street Journal Online”. 28 March 2011. http://online.wsj.com/article/SB10001424052748704461304576216422127531008.html

Facebook VS Google (Continued)

As part of my management class today we had an interesting discussion about the future of Google and Facebook. To my surprise an overwhelming majority of the class agreed that Facebook is the future of the Internet and will outperform Google. However, I am sticking to my guns as I still believe Google is the better company.

Yes, it is true that Facebook has much potential to grow and expand into different areas of the Internet, but Google is a more established company that can grow twice as much due to its broad coverage of the Internet. In my opinion, Google’s innovation far exceeds Facebook. What other companies have launched vehicles on the road that drive themselves? Another aspect to consider is that Google owns YouTube and has a large revenue stream from this subsidiary. Google Earth, Google Maps, Google Finance, Google Translate, and Google Chrome are just a few of the countless products Google has to offer. Facebook is definitely lacking in this category. Yet, many seem to believe that if Facebook enters these areas they will see more success than Google. I disagree, seeing that Google already has a core competence in these areas and Facebook will have to play “catch up”. Overall, the next few years will be exciting and I am interested to find out who will be the true Internet titan in the future.

Facebook VS Google

I was recently reading an article from The Wall Street Journal about the competition between Google and Facebook. In my opinion, there does not appear to be true competition between the two companies. It seems as if they exist in harmony and actually complement each other.

The only major competition between the two seems to be user traffic. The two companies are “neck and neck” at the moment with the amount of traffic they generate per day. The amount of traffic these companies generate is extremely important considering that advertisers look at traffic as one of their main reasons for advertising on a certain network.

In the future, there will most likely be more competition between the two companies. As they continue to grow they will eventually find themselves competing in the same industry. For instance, when Facebook’s social media growth becomes stagnant, will they decide to create a search engine? Or, will Google create a true social networking sight? All this remains to be seen. Yet, at the moment I do not believe there is true competition between the two companies seeing that they concentrate in different segments of the Internet arena.

Is Facebook Too Commercialized?

The future of social networking appears to be favorable. However, I believe Facebook’s future is not as bright. They recently signed a deal with WB to provide movie rentals. It seems like Facebook is slowly drifting away from their roots. The amount of marketing on the site continues to grow. As the site becomes more commercialized I believe people will lose interest and an alternative social networking site will emerge.

Looking back, Facebook was started in 2004. It has been around for over seven years. Will the popularity of this site ever diminish? I think so. As time passes, it is natural for consumers to adopt new products or services. I believe the fate of Facebook will be the same. Soon another company will enter the arena and become the new trend. Facebook has a strong business model, but a product that is so reliant on consumer whims cannot last forever.

iPad Threat?

I was recently reading an article in the Wall Street Journal about tablet computers. When I heard of the $200 dollar tablet I assumed there was a “catch”. And there was a “catch”, but it was not all that bad. Apple’s iPad 2 goes on sale Friday and consumers can expect to spend at least $500 on the product. Brett Arends’ article in The Wall Street Journal about how he saved over $300 on a tablet computer is remarkable.

Here is how you can achieve pure value: First, you can buy a Barnes & Noble Nook Color tablet, which normally cost about $250 but you can get them on special for as low as $190 if your timing is right. Next, you can “root” the Nook Color by downloading a software fix that will make the Nook run on Google’s Android platform. Most applications can be run, and for the most part, the Nook will function with the features of a full blown tablet. Of course, users will sacrifice some options the iPad 2 has to offer.

The iPad 2 and the Nook with the Android system are obviously two different beasts. The Nook with Android is not anywhere near as appealing as the iPad 2. However, for the price some people may sacrifice the imbedded camera and other functions present on the iPad for the more reasonably priced Nook. Will buyers who are aware of this “catch” opt for the Nook? The economy is still recovering and people will try to save as much money as possible. Personally, I believe the Nook with the Android system is a great idea and will certainly have an effect on Apple if it becomes widely publicized.

And one other thing, this is supposedly completely legal. Take a look at Arends’ article using the link below to get the full details.

Arends, Brett. “The Wall Street Journal Online”. 9 March 2011. http://online.wsj.com/article/SB10001424052748703662804576188901890884360.html?mod=WSJ_Tech_LEFTTopNews

Will Tablets Overcome PCs?

Steve Jobs’ recent unveiling of the Apple iPad 2 has many thinking tablet computers will become the future. For instance, Gartner Inc. expects worldwide PC shipments to grow 10.5% in 2011, down from an earlier forecast of 15.9% growth. Gartner decreased their estimate after Steve Jobs mentioned that tablet computers are stealing demand from PCs. Many estimates are calling for 40 million tablet sales in 2011, with Apple dominating the market.

Personally, I do believe tablets will decrease overall PC sales. Those who do not use PCs for work related purposes will probably opt for the more practical iPad. However, I cannot picture white-collar workers using tablet computers to conduct their normal day to day activities. There is no question that many will have a tablet device as an accessory to their laptops, but tablets are impractical. It is difficult to type on a tablet for an extended period of time. It is also difficult to imagine businesses buying tablets for their daily functions.

As mentioned, these are my personal opinions and others may feel differently about the future of tablet computers. Nevertheless, there is no question that tablet devices will become more present in daily life. There benefits should be utilized in the business world to help drive greater profitability and efficiency.

Sources: Worthen, Ben. “The Wall Street Journal Online”. 4 March 2011 http://online.wsj.com/article/SB10001424052748703300904576178381437662352.html?mod=WSJ_Tech_LEADTop

Google Sees Online Advertising Growth Potential

Google top executives believe the online advertising market will grow to $100 billion in the near future. This is a significant increase in the online display advertising market, which is currently estimated as a $20 billion industry. Google believes its YouTube site will contribute greatly to this growth. YouTube is currently monetizing two billion views per week. Advertisers and marketing departments have grown fond of Google’s “cost per view”, which appears to be an economically efficient way of reaching consumers.

What does this mean for Google shares? Google (GOOG) stock has been hovering in the $600-$625 dollar range for the past couple months. I believe the estimated growth in the online advertising market will significantly increase earnings for Google. Google’s price earnings ratio of 23.31 is rather low compared to the rest of the industry. Chinese counterpart Baidu has a price earnings ratio of 78.88. Due to the low price earnings ratio Google possesses, in addition to the anticipated growth in online advertising, I believe Google stock has a promising future.

Sources: Morrison, Scott. “The Wall Street Journal Online”. 1 March 2011 http://online.wsj.com/article/SB10001424052748704615504576172570604131668.html?mod=WSJ_Tech_LEFTTopNews

Apple, Without Steve Jobs

A proposal that would require Apple Inc. to disclose a succession plan for their CEO Steve Jobs has been voted down by shareholders. The main reason the proposal was voted down related to competitors gaining an unnecessary advantage. Steve Jobs has been on medical leave for undisclosed reasons.

How important is Steve Jobs to Apple? Is it fair to say that Steve Jobs is essential to Apple’s success? After a month without Steve Jobs, Apple is doing well. They plan to introduce the second version of the iPad in early March. One month without their coveted CEO at the helm is not long enough to determine how important Jobs is to Apple. Only the future will provide the answer to these questions. In my opinion, Apple is a corporation filled with talented individuals who are experts at marketing new products in a changing external environment. The innovative culture at Apple will remain long after Jobs has left the company. As a result, I think Apple will perform well without Steve Jobs.

Sources: Kane, Yukari & Sheer, Ian. “The Wall Street Journal Online.” 24 February 2011. http://online.wsj.com/article/SB10001424052748703775704576162351568946690.html?mod=WSJ_Tech_LEFTTopNews

Technology Gadgets to Increase Exponentially in Future

Barcelona recently hosted the Mobile World Congress where major technology companies displayed eye-catching devices. Many representatives mentioned the growth present in the technology industry. The most promising areas are predicted to be consumer devices, such as tablets and GPS navigators; wireless health care; in-vehicle features; and smart grids for utilities.

“According to research firm Gartner, mobile-services revenue world-wide is expected to grow steadily over the next few years, to around $1.11 trillion in 2014 from $903 billion last year.” Other estimates were more optimistic. Tom Brand from GMSA thinks by 2020 there will be an estimated 15 billion devices with so-called embedded mobile functionality. This means mobile functionality will be included in a wide range of products, such as Internet tablets, refrigerators and cars. Ericsson estimates up to 50 billion devices by 2020. Larger corporations like AT&T are showing an innovative presence in the healthcare industry with their idea of a wireless drug dispenser that alerts the user if medication is missed.

This extreme amount of growth in the technology industry may lead to opportunity for the average investor. Certain technology companies may become the next Google or Apple. The challenge is seeking out the right company who has a promising future. Of course, these small technology companies bring much risk as far as investing is concerned, but the upside is unlimited.

Sources: Sandstrom, Gustav. "The Wall Street Journal Online." http://online.wsj.com/article/SB10001424052748704900004576152092023439476.html#ixzz1EcfWmVUS

Borders Chapter 11 Bankruptcy: What role did technology play?

On Wednesday February 16, 2011, Borders Group Inc. (Borders the bookstore) filed for Chapter 11 protection. In the next few weeks, the company says it plans on closing 30% of its stores nationwide. The filing will allow Borders to reorganize and access new capital, which the company desperately needs.

Borders has been having a difficult time competing with online book sellers, notably Amazon.com. The company has launched loyalty programs and introduced a digital bookstore, yet the company has many liquidity problems and more liabilities than assets.

Technology has greatly affected the traditional brick and mortar book store. Consumers are purchasing books online or through their tablet devices. In order for Borders to be competitive in the future, they will need to become more creative and find a way to gain back their lost sales to online retailers.
Sources: Checkler, Joseph et al. “The Wall Street Journal Online” February 16, 2011.
http://online.wsj.com/article/SB10001424052748703373404576147922340434998.html?mod=WSJ_hp_LEFTWhatsNewsCollection

The Effects of Apple’s New Subscription Service Launch

If you have not heard, Apple has just recently launched a new subscription service for its App Store. This will allow for media subscriptions on popular devices like the iPad and iPhone. However, there is a “twist” that is making publishers and other suppliers of content very uneasy. The controversy centers around Apple’s demand to receive 30% of any subscription sale through an Apple App. Traditionally, customers who purchased subscriptions through an App would link out of the App, open a new browser window over the internet, and be billed by the publishing company. However, Apple is no longer allowing this and making sure that all purchases are billed through the App. Apple’s cut is 30% of the sale price.

There are some other complex issues in this system. It is my understanding that publishers are required to offer the same price through the App as they would in an “outside App” purchase. Publishers argue that most consumers will opt to purchase their services in the App due to ease of use.

Why does this matter? If publishers are going to be losing 30% of sales revenue there is little profit left for them. Therefore, one would assume publishers who are on board with Apple’s new service to increase prices on the App to help cover costs and make up for lost revenue. Yet, if publishers are also required to have the same price outside of an App, the regular cost of a subscription will also be inflated. These new costs are all passed onto the consumer thanks to Apple. In my opinion, these added costs bring less value. Consumers are paying a higher price just so Apple can add to its bottom line. The power Apple has to disrupt a market is truly amazing. There still remains a lot to be told about this story and I am anxious to see what will unfold in the future.

To read the Wall Street Journal Article visit: http://online.wsj.com/article/SB10001424052748704409004576146062283349464.html?mod=WSJ_Tech_LEADTop#articleTabs%3Darticle

Video Link:
http://online.wsj.com/article/SB10001424052748704409004576146062283349464.html?mod=WSJ_Tech_LEADTop#articleTabs%3Dvideo

Sources: Adams, Russel & Worden, Nat. “The Wall Street Journal Online”. http://online.wsj.com/article/SB10001424052748704409004576146062283349464.html?mod=WSJ_Tech_LEADTop#articleTabs%3Darticle

Finance Tech: The Role of the Traditional Stock Broker

I would like to take a moment to recognize the importance of technology, especially in the financial services industry. It is apparent that online trading sites like TD Ameritrade and Scottrade have become the stock brokers of the 21st century. Individuals are now using the resources of these online sites to make informed financial decisions. The days of going to a broker for financial services seem to be in the past. These websites offer the most current data available, including but not limited to stock prices, option prices, technical charts, bonds and even savings deposits.
It is fair to say that online trading has taken the financial sector by storm, as people now trade stocks with the “do it yourself” mentality. My reason for writing this article is not to disapprove of the stock broker profession, but to contemplate ways stock brokers can use the online arena to their advantage. Why aren’t brokers more involved online? By involvement I mean putting traditional stock broker services on the internet. I believe there would be a market for client/broker webcam chats to advise people on what stock picks to make. Maybe this is a crazy idea, but I would like to see some attempt on behalf of traditional brokers to grow their businesses in the new age of online trading instead of simply fading away.

The Downside to RFID

RFID technology has many clear advantages. It is a technology that is becoming more apparent in everyday life due to its ability to rapidly transmit information. Whether you are driving down the interstate with your EZ Pass, shopping at a clothing store or starting your vehicle with push button start, RFID technology is most likely playing a role. However, RFID does have some flaws.
One drawback of RFID is the cooperation needed by members of a supply chain. To optimize the benefits of RFID, all members in the supply chain would have to adopt the technology. However, this is not always feasible. A second downside results from ambient electromagnetic waves that can negatively influence tags and scanners. RFID is susceptible to radio frequency overlaps that can cause duplicate scanning results. Another common problem arises when a large number of products with RFID tags are stored in the same scanning field. A reader can energize multiple tags at once and create an information overload, disrupting a supply chain.
There are definitely shortcomings to RFID technology. However, these problems can be solved in the future. In my opinion, the benefits of RFID technology far outweigh the negative aspects of the technology. Hopefully, RFID will become more widely adopted and by doing so become more refined in the process.
References: Exforsys Inc. http://www.exforsys.com/tutorials/supply-chain/can-rfid-help-your-supply-chain/1.html

Louis' CIS Blogspot

The author of this blog is Louis Paolillo. This is a student's blog for the CIS 600 class (LINK) at Quinnipiac University (LINK) taught by Professor Bruce White (LINK) . The author of this blog makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an "as-is" basis. Opinions expressed on this blog are author's personal opinions and do not represent opinions of Quinnipiac University (LINK) or opinions of Professor Bruce White (LINK). This blog will focus on computers, technology, business and information systems.