This week’s guest blog comes from Joe Pleshek, the CEO of Terso Solutions. Enjoy it! I met a business journalist recently who spent a fair amount of time covering the private equity and venture capital markets. The writer explained to me that he was shocked to learn how prevalent venture funding was upon first entering [...]
New research from the Department of Health and Human Services suggests that healthcare providers routinely store vaccines at improper temperatures, potentially rendering them useless and placing children at risk. The report identified at least $800,000 worth of vaccine doses that may be ineffective, but the number could actually be well over $2 billion. Operating without enhanced [...]
This week we discovered another RFID use case that has resulted in savings of more than $1 million. Life sciences company Promega has saved more than $1.7 million by deploying RFID-enabled refrigerators and freezer solutions into its daily operations. Promega offers more than 2,000 products for use in a broad array of applications including basic [...]
Group Health Cooperative of South Central Wisconsin has deployed a pilot program at one of its clinics to track and trace costly vaccines. GHC-SCW has deployed Terso Solutions’ TS029 RFID refrigerator and hosted software to better manage vaccine inventory, automate and increase efficiencies for receiving and distributing vaccines, and eliminate issues related to expiration date [...]
Healthcare is the new frontier for RFID. In the past three months alone, RFID 24-7 has reported on how RFID can dramatically increase organ donations and how the technology saved more than $500,000 in rare cancer drugs. Yesterday’s news that a freezer malfunction at a Harvard research hospital had damaged brain tissues destined for autism [...]
Last week we wrote about how RFID temperature monitoring prevented a rare cancer drug from spoiling at a Rhode Island hospital. The drugs were valued at more than $500,000. This week, the Boston Globe reports that a freezer malfunction at a Massachusetts hospital has severely damaged one-third of the world’s largest collection of autism brain [...]
RFID usage is exploding in all industries. The technology has the ability to revolutionize the retail industry, manufacturers have real-time visibility into production facilities around the globe, and all kinds of social media apps are being developed that utilize RFID. But the biggest sweet spot for RFID lies in the medical and pharmaceutical sector. Sure, [...]
For anyone that missed last week’s issue of RFID 24-7, here is our lead story on cloud computing. Cloud computing continues to gain steam. A study from Saugatuck Technology predicts that almost two-thirds of all new business application/solution decisions will be cloud-based by 2015. As RFID adoption continues to skyrocket, the benefits of cloud computing are [...]
Everything points to 2011 as being a momentous year for RFID technology. In a recent web cast hosted by Terso Solutions, Tracy Hillstrom, Senior Product Line Manager with Impinj, talked about the top five RFID technology trends for 2011. 1 – RFID made easy: Hillstrom compares the early days of RFID to attending a concert and [...]
