Frost & Sullivan Honors Impinj for Aiding Healthcare Providers’ Asset Tracking Efforts

Based on its recent analysis of the RFID healthcare solutions market, Frost & Sullivan recognized Impinj, Inc. with the 2017 North American Award for Customer Value Leadership.
 
Impinj delivers a range of solutions for passive asset and item tracking using RAIN RFID, a form of wireless communication that employs the global ultra high frequency (UHF) RFID protocol developed by GS1 and ISO. By offering end-to-end RAIN RFID solutions, from tags to management software, Impinj gives healthcare providers new levels of insights into asset and personnel tracking.
 
“Impinj enables a versatile line of asset and supply management solutions for applications across industry verticals, from retail to food and beverage, as well as pharmaceuticals and healthcare,” said Frost & Sullivan industry principal Dilip Sarangan. “In healthcare deployments, the Impinj RAIN RFID platform differentiates itself with its lower costs, expanded capabilities, and a holistic approach to asset tracking.”
 
Unlike traditional, by-hand asset and supply tracking systems that are extremely inefficient, labor dependent, have limited applications, and active RFID systems that cost approximately $40 to $50 per tag, the Impinj system has broken the “sub 10 cents” per tag barrier. It requires no batteries or external power source, has low maintenance and staffing requirements, and offers a long shelf life.
 
Impinj’s integrated platform approach to RFID technology results in a three-layered platform that combines RAIN RFID tag chips, gateways/readers, and software to form a wholesome solution to increase performance and ease use.
 
As HDOs increasingly automate their supply chains, there will be more opportunities for RAIN RFID applications to improve efficiencies and lower costs.
 
“As HealthCare providers and pharmaceutical distributors fall under greater degrees of scrutiny by regulators, barcode-based automation cannot scale up to reach the economies of scale required, especially for larger organizations,” noted Sarangan. “Impinj’s RAIN RFID solutions can manage supply chains containing innumerable items and assets, at a fraction of the cost, without interruption.”