RFID promises a gold mine of data. Now what are you going to do when 90 percent of it proves to be pyrite? As companies collect more data, and as the business demand for real-time data increases, so too will the demand for access to it. Currently, less than 15 percent of employees at an average organization have access to real-time information, according to Joe Thomas, global head of new business development for Capgemini. However, the emerging intelligence economy will demand that organizations empower at least 70 percent of their employees with real-time information and equip them with ways to use it. MORE ON CIO.com The Perils and Promise of Real-Time Data Nowhere is that challenge more of a concern than with RFID technologies. “RFID holds great promise, but also great danger,” says Kevin Poole, consulting services leader at Capgemini. “Done right, it gets you [data] at a level of detail and specificity—and in a timely manner—better than before. If it’s done wrong, there’s going to be between 10 times to 100 times more data available, and you run the risk of information overload.” Poole says CIOs need to architect their systems to manage this flood of real-time data as well as apply business rules to help control and make sense of it all. Hau Lee, the Thoma professor of Operations, Information and Technology at Stanford University’s Graduate School of Business, compares the RFID movement to a gold rush. “All of a sudden there’s this wealth of data,” he says. “And as we all know, when you go to the gold rush, you need tools and techniques to filter and get the gold nuggets, because 90 percent of it is dirt.” Related content feature 4 remedies to avoid cloud app migration headaches The compelling benefits of using proprietary cloud-native services come at a price: vendor lock-in. Here are ways CIOs can effectively plan without getting stuck. By Robert Mitchell Nov 29, 2023 9 mins CIO CIO CIO case study Steps Gerresheimer takes to transform its IT CIO Zafer Nalbant explains what the medical packaging manufacturer does to modernize its IT through AI, automation, and hybrid cloud. By Jens Dose Nov 29, 2023 6 mins CIO SAP ServiceNow feature Per Scholas redefines IT hiring by diversifying the IT talent pipeline What started as a technology reclamation nonprofit has since transformed into a robust, tuition-free training program that seeks to redefine how companies fill tech skills gaps with rising talent. By Sarah K. White Nov 29, 2023 11 mins Diversity and Inclusion Hiring news Saudi Arabia will host the World Expo in 2030 in Riyadh By Andrea Benito Nov 28, 2023 3 mins CIO Artificial Intelligence Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe