reveals the benefit of AIDC Technologies viz. Barcodes, RFID, Fingerprint, FaceRecognition, Iris Recognition, Vision Technology in Medical, Food, Weapon & many other Industries
New Delhi, August 22, 2019: AIDC Technologies Association of India has organized a 3-day summit at JW Marriot, Jaipur- from the 17th – 19thof August 2019.The summit aims at highlighting the importance of AIDC Technologies viz. Barcodes, RFID, Fingerprint, Face Recognition, Iris Recognition, Vision Technology and its relevance to various industries.This technology is being promoted by AIDC Technologies Association of India; a non-profit, self-sustaining organization comprising of more than 160 member companies engaged in Automatic Identification and Data Capture Technologies.
According to Mr. A. S. Shekhawat- the Past President and Mentor of AIDC,“AIDC business today can be pegged at about Rs. 5,000 CroresINR. The contributing segments are 2% from education, 4% from the government sector, 11% from health care, 12% from retail which has grownon account of E Com.and 64% from manufacturing including Transport & Logistics.”
The use of Barcode & RFID technologies must be made mandatoryin medical sector, according to Mr Shekhawat.In addition, growing focus on patient safety, technological revolution is further expected to boost the growth of the healthcare automatic identification & data capture (AIDC) market.To add weight to his statement, Mr Shekhawat quoted a 2015 report which states that 4,00,000 medical errors out of 1.5 million were averted by the use of BCMA technology in USA. This technology thus ensures patient safety, greater clinical effectiveness and drives operational efficiencies.
According to studies, BCMA reduces drug administration errors by 54 to 87 percent. The system tracks patients, drugs and staff. Barcodes can be used to track administration, treatment or use of a drug by any staff member.The code can also carry safety information about medication, such as the use-by-date, reducing human inventory errors and improving stock management.The nurse scans the patient’s bracelet and the barcode of the medication. The system alerts the nurse if there is an error with the patient’s ID or with the administration of dosage.The American FDA estimates that, by adopting bar-coding systems they would save $ 93 billion over the next 20 years. This when compared with Indian statistics and since India which has far greater number of patients, we would have more to gainif bar-codes was made mandatory for Indian healthcare sector. The Indian healthcare industry by using the bar coding systems would certainly cross the $ 1000 billion mark in term of savings over same period.
Another important area is food sector, which is perishable by nature, where AIDC should be made mandatory thus, ensuring proper storage and management.Huge quantities of food items are lost by not following the FIFO method. Numerous applications of RFID technology in the food industry (supply chain management, temperature monitoring of foods, and ensure food safety) would be introduced effectively,monitored and achieve loss minimization.
Object tracking using Electronic Article Surveillance (EAS) systems, which also uses RFID Tags, prevents theft of the items from retail-stores.Locating objects through the uses of Real Time Locating Systems (RTLS) to name just a couple of the many opportunities which AIDC based technology has to offer.
India must implement RFID Weapon Management System to keep track of all weapons and equipment using Radio Frequency Identification (RFID) technology. The system provides an audit trail as to who, what, when and where of weapons inventory. Manual tracking of weapons of Indian Army, Police, and Para-Military Forces is a tedious, time-consuming and error prone task. Similarly, all spare parts in Ordinance Depots, Airlines, Shipyards, Factories, Maintenance stores, etc. can be trackedand retrieved when required without delays.
A new tracking system has been developed for file storage management. AIDC technologies will benefit companies of all sizes for tracking files, efficient retrieval without the use of manpower. Many businesses handle large amounts of paper-based data and often descriptions are transferred from paper to electronic systemsand back again, resulting in errors.
In 2013 Government of India made an amendment in the Company’s Act,stating that all companies have to physically verify all their Fixed Assets before incorporating the same in their balance sheets. This task is very difficult if done manually. AIDC systems work without human involvement. When human involvement is required, it is usually limited to a user scanning an AIDC equipped item. This frees up a lot of resources that are needed elsewhere and the cost savings of this freed up manpower along with the savings from eliminating product loss and time savings have helped to propel AIDC into the forefront of business operations. There has been a great advancement in AIDC over the years and it is now possible for users around the world to interact with millions of business processes and systems using AIDC devices.
‘AIDC Technologies Revolution’ in India aims at automation in identifying objects, collecting data directly without any humaninvolvement thus ensuring ‘ZERO ERROR’. The Indian market for AIDC Technologies has limitless potential and offers massive opportunity to manage inventory, delivery, assets, security and documents in retail e-commerce, manufacturing, medicine, transport, government and logistics. It’s all about automation and streamlining of data.
Corporate Comm India(CCI Newswire)
