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Instant Asset Tracking for Enhanced Security Heightens RFID Usage in Data Centers, Observes Frost & Sullivan

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Instant Asset Tracking for Enhanced Security Heightens RFID Usage in Data Centers, Observes Frost & Sullivan PR Newswire MOUNTAIN VIEW, California, July 17, 2012 - Corporate accountability regulations compel data centers to invest in RFID to maintain and manage their IT assets MOUNTAIN VIEW, California, July 17, 2012 /PRNewswire/ -- The growing requirement for faster and more accurate tracking and tracing of IT assets in data centers is prompting data center operators and hosting service providers to increasingly adopt radio-frequency identification (RFID) technology. This technology can rapidly locate, identify, and track assets without needing a clear line of sight, thereby reducing manual labor and errors. New analysis from Frost & Sullivan (http://www.autoid.frost.com), Analysis of RFID in the Data Center Market, finds that the market earned revenues of $96.3 million in 2011 and estimates this to reach $952.6 million in 2017, with the widespread implementation of RFID technology in data centers globally. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. RFID tags can quickly locate and track innumerable servers and vast numbers of data tapes in large data centers, thus lowering their replacement expenses.
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Instant Asset Tracking for Enhanced Security Heightens RFID Usage in Data Centers, Observes Frost & Sullivan
PR Newswire MOUNTAIN VIEW, California, July 17, 2012
- Corporate accountability regulations compel data centers to invest in RFID to maintain and manage their IT assets MOUNTAIN VIEW, California,July 17, 2012/PRNewswire/ -- The growing requirement for faster and more accurate tracking and tracing of IT assets in data centers is prompting data center operators and hosting service providers to increasingly adopt radio-frequency identification (RFID) technology. This technology can rapidly locate, identify, and track assets without needing a clear line of sight, thereby reducing manual labor and errors. New analysis from Frost & Sullivan (http://www.autoid.frost.com),Analysis of RFID in the Data Center Market, finds that the market earned revenues of $96.3 millionin 2011 and estimates this to reach$952.6 millionin 2017, with the widespread implementation of RFID technology in data centers globally. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. RFID tags can quickly locate and track innumerable servers and vast numbers of data tapes in large data centers, thus lowering their replacement expenses. "The lack of asset visibility sometimes results in duplication of existing assets, ultimately adding to total costs," said Frost & Sullivan Senior Research Analyst Nandini Bhattacharya. "RFID can save costs by not only eliminating duplication, but also by preventing theft and loss through real-time tracking." RFID's efficiency has attracted buyers from the financial sector, government agencies, and IT companies. To further boost adoption, industry associations and governments across all nations need to collaborate to institute a common standard. Government and industry regulations already mandate the maintenance of data and IT assets — a key factor aiding the uptake of RFID in data centers. "U.S. financial sector companies must comply with the Sarbanes-Oxley Act of 2002, for example, which regulates data storage and management," said Bhattacharya. "The payment card industry has also set security standards for customer information, while other sectors have established regulations for IT asset audits and data confidentiality." Apart from favorable regulations and mandates, the technological advancements and availability of cost-effective solutions offering faster return on investment have attracted more end-users to the market. Pricing is a crucial purchase factor in this market and even though the costs of the technology have dropped in the last couple of years, it is still prohibitive to organizations with budgetary constraints. Moreover, as RFID in data centers is still an emerging application, most