What is RFID (Radio-Frequency Identification) Technology?
Radio Frequency Identification or RFID is a specific type of radio technology that uses radio waves to identify tags attached to an object and thus identify the object. RFID technology is an essential tool for logistical applications and is being used to optimise supply chains and production processes across different industries.
The key to an RFID strategy is to align your use of the technology with your company’s goals, e.g., reduce production costs, better customer relationships, optimising operations, and more. RFID technology can help you reach your goals.
TT Electronics plc (LON:TTG) is a provider of engineered electronics applications for performance-critical applications. The Company works with customers in the industrial, medical, aerospace and defence, and transportation sectors.