Investment Evaluation of RFID Technology Applications: An evolution Perspective
Category : Paper Series EN
Issue No. 53 (Dec 2008-Jan 2009)
Andriana Dimakopoulou and Katerina Pramatari
Prior empirical research on the evaluation of RFID technologyPrior empirical research on the evaluation of RFID technology treats and assesses individual RFID applications as independent and in isolation from each other. However, the literature for investments evaluation of information technologies has recognised and utilised the significance of evaluating “interdependent” IS projects-that is IS projects with synergies. Moreover, previous studies when appraise the business value of an RFID investment ignore its opportunity to offer and evolve to additional follow-on investments in the future. Nevertheless, the importance of this notion has been acknowledged by the pertinent literature for the evaluation of other information technologies. This paper proposes an approach for the investment evaluation of RFID applications considering them rather as a bundle of interdependent and sequential investments than as stand-alone ones. The results from a case study demonstrate how the proposed approach can be employed for the evaluation of RFID projects offering an additional insight in this area.