finding roi with rfid
DESCRIPTION
The use of RFID technology in the field of IT asset management is growing quickly. But with that growth have come important questions about its application, accuracy and – perhaps most of all – its cost effectiveness. This Webinar will show you how get value from RFID without breaking the bank.TRANSCRIPT
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Finding the ROI Sweet Spot with RFID
Presented by: Tom Watson, AMI President & CEO
November 1, 2012
A recording with audio of this webinar is on our website.
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© 2012 AMI 2
Tom Watson
President & CEO of Asset Management International
Tom Watson
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© 2012 AMI 3
AMI – Product & Customers
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© 2012 AMI 4
RFIDRadio Frequency Identification
Exploding in popularity
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© 2012 AMI 5
Applications
What effect will it have on ITAM?
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6© 2012 AMI
Size and Cost
Costs and sizes are shrinking
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© 2012 AMI 7
Poll #1:
What asset tracking technologies do you use today?- Manual- Barcode- Passive RFID- Active RFID
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© 2012 AMI 8
RFID Tags – Passive vs. Active
Use both barcodes and RFID
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© 2012 AMI 9
RFID Readers – Fixed Placement
Fixed readers
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© 2012 AMI 10
RFID Readers – Hand-held
Portable readers
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© 2012 AMI 11
Defining Requirements
Location Granularity = Cost
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© 2012 AMI 12
Portal Readers
Portal readers work for data centers
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© 2012 AMI 13
Rack Level Location Tracking
Less practical at rack level
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© 2012 AMI 14
Case Study
Compared costs
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© 2012 AMI 15
Baseline
Labor costs were estimated at$300K per year via barcode
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© 2012 AMI 16
Active vs. Passive Implementation Costs
8xUsing Active RFID to rack level
8x or More!
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© 2012 AMI 17
5
3-Year Total Cost (30K assets)
Active RFID w/Barcode
Passive RFID w/ Barcode
Barcode
Manual
Labor Tags Hardware Implementation
$0 $700,000 $1,400,000 $2,100,000 $2,800,000
TOTAL COST
TECH
NO
LOG
Y AP
PRO
ACH
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© 2012 AMI 18
Three Year Cost Comparison
Active Model: $2,580,000
Passive Model: $580,000
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© 2012 AMI 19
3-Year Return On Investment Sweet Spot
$4,000,000
$2,000,000
$0
$-2,000,000
$-4,000,000
Active RFID w/ Barcode Passive RFID w/ Barcode Barcode
Start 1 year 2 years 3 years 4 years 5 years
RETU
RN O
N IN
VEST
MEN
T (R
OI)
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© 2012 AMI 20
Other Dividends
Lifecycle Speed and Accuracy
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© 2012 AMI 21
Summary
• Lower initial cost• Fast return• Greater three-year savings
Passive RFID is the smart strategy right now.
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© 2012 AMI 22
Questions?
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© 2012 AMI 23
• Web: amitracks.com
• Phone: (877) 297-7618
• Presenter– Thomas Watson: [email protected]– President & CEO, Co-founder
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