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Wednesday, December 11, 2002
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Electronic Business: TI's RFID Technology makes wireless watch tick. Mark Long reports on TI's involvement in creating the Timex-built wireless wrist-watches for the ExxonMobil Speedpass Network.
When Speedpass-enabled customers arrive a the McDonald's drive-thru window, they simply order their food from the menu board, drive on to the payment window and wave their RFID-equipped wristwatches or key chains at the Speedpass reader. The reader/antenna then passes that information onto the appropriate value added network to verify the customer's profile and credit information. Upon authentication, the Golden Arches light up to indicate that the tag is read. The system then automatically bills purchases to the credit/check card of the customer's choice, prints a receipt, and the customer is on his way. There are no extra fees when using this method of payment. [Scott Loftesness]
3:24:27 PM 
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U.S.
firms move IT overseas (HP, EDS, IBM, etc)
By Ed Frauenheim, Staff Writer, CNET News.com, December 11,
2002, 4:00 AM PT
Under pressure from overseas rivals, U.S. companies selling information
technology services have a new mantra: If you can't beat them, join them.
... Already, more than 300 of the
Fortune 500 firms do business with Indian IT services companies,
according to Gartner. The research firm predicts that by 2004, more
than 80 percent of U.S companies will have considered using offshore IT
services. In addition, more than 40 percent of U.S. corporations will
have completed some type of offshore IT pilot program or will be using
IT services with an overseas component by that time.
That IT services seepage is confirmed by a November report from
Forrester Research. It estimated that the number of computer jobs moving
overseas will grow from 27,171 in 2000 to 472,632 five years after
that. Forrester researchers predict that other services--including call
center services and back-office accounting--will follow IT services in
moving abroad....
5:58:41 AM
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© Copyright 2006 Russ Savage.
Last update: 5/8/06; 9:00:01 PM.
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