Our latest infographic explores the advantages of the NFL’s latest technology: RFID. In business, just like football, the right strategy can make all the difference. That’s why businesses around the world—including the NFL—are implementing RFID. RFID technology makes winning strategies possible by delivering accurate information to the right place, at the right time.
There may be no league more competitive or more profitable than the NFL.
- Average NFL franchise value: $1.43 billion
- League revenue, 2015: $11.2 billion
“In the NFL, knowledge is power.” —Steve Sabol, Cofounder of NFL Films
One key to the NFL’s success? Data-driven decisions.
From fantasy fanatics to head coaches, the NFL ensures that all relevant parties have access to all sorts of performance data.
Now, they’re taking these metrics to the next level.
In 2015, NFL teams will use RFID technology to analyze the play of their stars. RFID tags located in player equipment will transmit instantaneous, precise performance information.
RFID Technology uses radio waves to collect a broad range of information. RFID has applications in sports, retail, manufacturing, and more…
HOW IT WORKS:
- RFID tags embedded in equipment transmit data
- RFID readers located around each stadium receive data
- Data hubs provide real-time collection and analysis
- Custom apps deliver easy-to- understand data to fans and coaches
Like the NFL, leading companies are embracing RFID, including:
- Automotive Manufacturing
- General Merchandise Retail
- HVAC Contracting
- Warehousing and Logistics
By 2016 76.3% of retailers will implement RFID
By 2020 35 million passive RFID sensors will be in use
What can RFID do for you?
- Increase inventory accuracy from 63% to 95%.
- Improve shipping/picking accuracy by 80%.
Just like in the NFL, RFID technology can help your decision-makers make confident decisions. Accurate information provides insight into future needs, helping you solve problems before they happen.
“They call it coaching but it is teaching. You do not just tell them…you show them reasons.” —Vince Lombardi, Hall of Fame NFL coach