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Based on its recent analysis of the global radio frequency identification (RFID) market, Frost & Sullivan recognizes IDRO Co., Ltd. with the 2018 Global Enabling Technology Leadership Award for its innovative Visible RFID System that responds to the growing demand for efficient RFID solutions. This solution brings together visible light communication (VLC) and RFID technologies to resolve issues such as the stray reading of existing ultra-high frequency (UHF) RFID while enabling high-performance levels and operational stability across various applications.
The combined VLC and RFID technologies that support the Visible RFID System can accurately read high volumes of individual tags, and supports a portfolio of products, such as visible RFID readers, visible RFID tags, and light-emitting diode (LED) built-in applications," said Adrian Drozd, Research Director at Frost & Sullivan. "The system is suitable for in-process management, conveyer applications, facility management, item management, access control, asset tracking, and numerous other applications."
In addition, IDRO has developed the world's only visible RFID solution, the Glowfly Tag chip, that supports both ISO 18000-63 standards and visible RFID functions. While UHF RFID is prone to misidentifying neighboring tags, or reading unwanted tags because of its long-distance recognition nature, Glowfly eliminates this issue with its ability to identify tags precisely. IDRO’s solution establishes error-free smart factories in manufacturing while ensuring maximum performance and operational stability.
While remaining at the forefront of innovations in the RFID market, IDRO clearly understands the importance of strengthening its brand equity to reinforce its strong market position. The company strategically makes the most of new opportunities, while offering tailored wireless communication solutions using VLC and RFID for vehicle-to-vehicle communication systems, location positioning systems, and LED-ID systems.
"IDRO draws on its ability to meet the rising demand for efficient RFID and VLC solutions," noted Drozd. “It expects to grow by more than 50% in the short term, on the strength of its general RFID product line and exceptional visible RFID product line."
Each year, Frost & Sullivan presents this award to the company that develops an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased return on investment (ROI) it gives customers, which, in turn, raises customer acquisition and overall market penetration potential.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About IDRO Co., Ltd
IDRO Co., Ltd (idro.co.kr) was founded in 2008 in Korea and develops, manufactures and sells UHF RFID readers. The reader family consists of various portfolios such as reader modules, fixed readers, and handheld readers. Especially, Visible RFID System is optimized as smart factory solution. In recent years, we have developed a Qi-type slope wireless charger that guarantees charging by maximizing user convenience. IDRO Co., Ltd hopes to cooperate with global companies.
About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, collaborates with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.
Contact: Yanggi Kang
P: +82-31-25-7881 / F: +82-31-25-7886
E: ygkang[.]idro.co.kr.
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