Wasted energy costs the UK over £1 billion each year (£740 million just in electricity).
The UK, with 1% of the world's population, produces 2.3% of the world's CO2 of which 4 million tonnes is wasted.
 
A 20% saving in energy consumption – realistically achievable by most businesses – can have the same positive effect as a 5% increase in sales.

RFID through presence awareness offers the ability to lower energy costs and reduce CO2 emissions.

Identity theft and fraud which affects individuals, government departments and private sector organisations is estimated to cost the UK economy at least £1.4 billion every year. In the USA the figure is $56.2 billion.
30% of identity theft is due to lost or stolen wallets, cheque books and credit cards.

A smartcard with your name on it will not prevent your identity being stolen.
RFID through presence awareness can accurately identify individuals and prevent identity theft.

In Healthcare services RFID systems have streamlined patient identification and medical administration, saving one hour per nurse per shift.
An active RFID system will achieve 100% ROI in less than 12 months.

For Airlines the ability to determine the use of catering trolleys at any one time provides benefits of $619,000 for a typical carrier.

In Oil and Gas accurate spare parts inventory location reduces machinery downtime by 13%.

Labour savings resulting from reducing asset search time from hours to seconds. Improved logistics utilisation and throughput, enabling greater capacity. 

Increased damage control, as assets can now be identified without workers having to open doors or access points to read identification numbers and are therefore less likely to incur damage during processing.

The US Department of Defense reduced inventory from £74million to £41million and wait time of 26 days to 16 days for supplies by using active RFID.

A large pharmaceutical manufacturer can expect to realise significant financial returns through a successfully deployed chain of custody (asset identification and authentication) including a15 to 20 percent reduction in inventory levels and a 7 to 10 percent reduction in costs.

At large construction sites automatic attendance saves 10,000 man-hours per month.

The average value of a laptop loss (‘an incident’) is £28,000 which includes intellectual property loss, software, procurement time and setup time (including labour).

50% of all street crime in the UK is attributed to mobile phone / iPod theft.

Art and antique theft is now estimated at an annual £500 million.

The payback period for an RFID lock or identifier is 38 days.

The automotive industry loses as much as £800 million annually to the process of replacing non-disposable containers.

RFID improves a costly, inefficient process, thereby saving an industry very meaningful sums of money.

In Oil and Gas better visibility of equipment results in a 3-5% reduction in supply chain costs and a 2-7% increase in revenue.

A SecuriCode solution can provide significant savings when compared with many alternatives.

The following industry verticals are reporting the savings shown (returns applicable to other industry verticals are available, please contact SecuriCode).