RFID goes to work for IT

A bank vice president in California decided in 2007 to use new technologies to save time and money. First, Mike Russo, senior vice president of automated identification technologies at the Wells Fargo Bank's Roseville, Calif., data center, decided to help the security process by putting RFID tags on every employee's laptop to speed up their checkout from the office at the end of the day.

Then he replaced a time-consuming bar code used to inventory IT assets such as servers, racks and network switches with RFID tags--a move that dramatically cut the time it took to count assets, reports PCworld.

"Financial institutions using RFID are seeing on average a 90 percent decrease in the amount of time it takes to inventory their IT assets," John Fricke, chief of staff at the New York-based Financial Services Technology Consortium, told PCworld.

RFID tags also make it much easier to find out exactly what assets a company has and where they are located, especially as mergers and takeovers increase across the business world. And big companies, including IBM and Hewlett-Packard, are starting to pre-tag equipment to make it easier for their customers to keep track of their assets.

For more on growing RFID use:
- check out this PCworld.com article

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