Pre-Plan Research

Newer technologies generally have few things in common like unclear ROI, lack of wide industry adoption and agreed upon standards. RFID is no exception. When I started research for RFID related data for the business plans, it became clear, task is not going to be easy. However, I need to start someplace, so I will begin with some "must-haves" and "would-be-great-if-we-had-it" and then go about building a list with some prices and project the costs, returns for next three to five years.

Let us start with basic requirements:
  • RFID Tags
  • RFID Readers
  • Wi-Fi Stations
  • GPS sets
  • Personal Computers
  • Vehicles (for testing RFID)

Then add the staff requirements:

  • Software Engineers
  • Hardware Engineers
  • Marketing Consultants
  • Application Consultants

Space and other Requirements:

  • Office space
  • Large test area either attached to the office or near by
  • Fax machine
  • Copier
  • Phone system
  • Personal computers for other staff

This list is just a subset of what we will need. I will add the costs and list "cost of business" and other working capital requirements tomorrow.


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