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Performance evaluation framework design for smart sensor business

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Abstract

RFID is a technology to identify objects such as products and things with radio frequencies, which is recognized as a basic technology to realize ubiquitous society and has attracted significant attention of government, industries, and academic world. In addition, RFID has an enormous ripple effect as a killer application on a variety of business areas including logistics/distribution, military, or food/safety in particular because of a high identification rate, contactless identification media, propagation range, and scalability being able to connect and communicate with other communication networks. But there are insufficient studies of analyzing quantitative effects on economic effectiveness generated after implementing RFIDs through empirical analysis. Therefore, this study analyzed economic effect that can be obtained by implementing RFIDs into companies. Based on the study results, common effects were concentrated on the primary benefit, and the administration and management work had common effects of the third benefit.

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Acknowledgements

This work was supported by the Human Resources Development (No. 20154030200860) of the Korea Institute of Energy Technology Evaluation and Planning (KETEP) grant funded by the Korea government Ministry of Trade, Industry and Energy.

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  1. Department of Industrial Security, College of Business and Economics, Chung-Ang University, Seoul, 06974, Korea

    Hangbae Chang

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  1. Hangbae Chang
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Correspondence to Hangbae Chang.

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Chang, H. Performance evaluation framework design for smart sensor business. J Supercomput 74, 4481–4496 (2018). https://doi.org/10.1007/s11227-017-2130-7

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  • DOI: https://doi.org/10.1007/s11227-017-2130-7

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