The radio frequency identification (RFID) market has witnessed higher interest levels as compared to similar technologies such as barcodes and wireless networks. The initial hype surrounding the technology is on the decline since 2005 with industry participants adopting a more realistic perspective on the potential benefits of RFID. There is an increased focus on integrating RFID technology to work with existing business process and applications. Read more

Last week a disgruntled salesperson told me about a long-time customer who stopped buying from her. “Gosh, I thought we were good friends; we even went out together socially. I never thought I would have to worry about losing her as a customer.” As soon as I heard that last sentence, I knew that I had discovered a new business-medical condition, “SCS.” Salesperson Complacency Syndrome! Read more

Computers that read your mind

Around a year ago I had written a column on a project called MyLifeBits, a Microsoft research project, that records every byte, every conversation, every emotion, every photo you clicked, every line you typed, every word you said. An archive of that could recall nearly every waking moment of a person’s life. Now comes another interesting project that could reshape the entire technological and advertising arena.

An Emotional Machine

A machine that can read your mind. Sounds interesting, doesn’t it? Well that could be a reality in the next few years. Scientists are working on a computer that can read an individual’s mind by interpreting facial expressions like a raised eyebrow, a look or a nod of the head. Read more