Software application and engineering company Red Ledge has added active tag technology to its existing RFID* portfolio through a new partnership with RFID hardware company Wavetrend (www.wavetrend.net) – and plans to launch a series of active tag-based, higher-value asset management solutions for supply chain and manufacturing, energy and construction users, the company announced today. *radio frequency identification.
Like RFID passive tags, active tags can be scanned by an RFID reader at almost twice the speed of conventional bar-codes, with near-100% accuracy, and no line of sight: but they also have their own power source and emit a repeating signal up to 150 metres that alters if an object – typically, a higher-value asset – is moved. Active tags are rugged, can withstand harsh conditions and support a wide range of sensor technology.
“The speed, accuracy and flexibility of RFID technology for asset management is widely recognised” says Red Ledge managing director Andy O’Donnell. “Now, adding active tag technology to the mix allows companies to secure their higher-value assets. Going forward, our sector-specific solutions will allow its quick and easy deployment.”
“As a global RFID hardware manufacturer we value Red Ledge’s proven ability to develop RFID software and solutions for a range of industries. We expect our partnership to be highly productive” says Wavetrend Europe sales director Maggie Meaton.
The global RFID market is forecast to grow at 22.4% per annum (CAGR) to 2018, according to Infiniti Research.