Preview

NEAR FIELD COMMUNICATION

Satisfactory Essays
Open Document
Open Document
719 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
NEAR FIELD COMMUNICATION
The NFC Report is an in-depth research study that provides information on every aspect of this fast emerging new technology — the business, the technology, the applications, the players, and the future of the market.
The NFC Report examines in detail the issues affecting the development of the NFC market and provides a comprehensive education in how the technology works, the business models being adopted by key players in the industry, the current status of the market, and the issues that will affect future growth. the project is divided into three main parts:
1)NFC Technologies and systems:
At first glance, near field communication (NFC) sounds straightforward — simply add a credit card to a mobile device and let consumers begin paying for things with their phones.
When it comes to putting together a business case for NFC, however, things are far less simple. It quickly becomes clear that the business potential of NFC is tightly bound up with the technical options available — and that an in-depth understanding of how NFC works, at the device level and as a system, is required to understand exactly what those options are.
NFC Technologies and Systems is a new research report that explains every aspect of NFC technology.
2) NFC Business models:
The tasks involved in creating a commercially successful NFC infrastructure and the strategic options available to mobile network operators, handset manufacturers, financial institutions, industry suppliers and others seeking to understand how to take advantage of NFC

Developing a business model for an NFC infrastructure. The business functions that must be performed, the roles and responsibilities of the different players in the market, how to create a specification of requirements, who should participate in the planning process and the ownership options available.
Business models for secure element issuers. The options available to mobile network operators, handset manufacturers, financial institutions,

You May Also Find These Documents Helpful

  • Better Essays

    BUS188 Case Analysis 1 YHe

    • 1142 Words
    • 4 Pages

    Helft, Miguel. “Apple Wallet To Take Aim At Growing Mobile Payments Market.” Fortune.com. 4 Sept. 20…

    • 1142 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Technological: In the past three decades, a major shift in technology has prevailed in the mobile handset industry. Through innovation and technological advances, the market shifted from analog transmissions (1G), to digital mobile communications in 1992 (also known as 2G), and ultimately to the Wideband Data Communications network (3G). With rapid changes in this dynamic marketplace only the most well-funded and well-managed companies have managed to emerge from generation to generation, whilst others have been unsuccessful.…

    • 1566 Words
    • 6 Pages
    Good Essays
  • Better Essays

    In today’s society the cell phone market is a huge competitive industry for cell phone companies. There have been studies that show that half the world has cell phone accounts. One attribute that defines the cell phone market is the idea of consumers is giving up their land line phones. This has caused a large influx of customers into the market for cell phones. As technology continues to advance, a variety of cell phones are developed and marketed to different areas across the nation. Cell phones are available for business and social purposes such as social networking, text messaging, retrieving e-mails and for playing games.…

    • 1576 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Team C proposes Party Plates use two important wireless technologies- smart phones and laptops. Smart phones are extremely beneficial to the operation of any business. Smart phones are also a big factor in the marketing aspect as well. Smart phones have the capability of sending e-mails, sending mass e-mails, texting, running office applications, adding employee hours of pay, and so much more. Smart phones are beneficial and almost necessary to have to run a business successfully. Because business owners and operators are extremely busy, smart phones provide convenience of handling business when not in the office.…

    • 289 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    The industry that our information system (IS) will focus on is retail. The information system that we will implement will be concentrating on making customer experiences better through near field technology (NFC) by using tablets. The retail industry is defined as selling consumer goods and related services through stores to the general public. This can be done in many ways using these two systems together. Near field communications, uses radio signals to communicate with people. NFC is a short range wireless Radio Frequency Identification (RFID) signal, similar to Bluetooth, which transmits signal (or information) to a receiver within range. For example, by using NFC equipped tablets at store check-outs many customers can use their electronic wallet to pay or even give store associates devices to make a sale on the spot rather than at a check-out. Also, we could connect other systems as we would with Bluetooth but it will become easier with NFC. To implement this system we will need partner companies and mobile carriers to push this technology further. In conjunction stores will adopt this technology making it the new form of payment and technology to use in the marketplace. By taking the current systems that we have now and modifying it to integrate NFC and at the same time adding new features, we can ensure a better experience than most retailers. That can help make our customers experience better while generating more revenue and cutting costs.…

    • 2073 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Qrb/501 Week 2

    • 2962 Words
    • 12 Pages

    Poudel, K. (2010). First In First Out (FIFO), Its Advantages And Disadvantage. Retrieved from http://www.accountlearning.blogspot.com…

    • 2962 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    This document describes the acquisition of mobile payment software company Square Inc. by Google. The mobile payment industry is one of the fastest growing industries today, with transactions up 60% from last year. Square has established itself as an industry leader within the US, with sales of $110 billion last year. This acquisition would help position Google to capture a significant piece of the estimated $240 billion industry, and Square would strengthen Google’s Wallet division by introducing related technology that could run on more than just Sprint’s limited network. In our report we will complete a SWOT analysis for making this acquisition and look at competitors within the mobile payment industry to both Google Wallet and Square.…

    • 3598 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    In 2007, Kalorama Information predicted in a report that market for RFID solutions in pharmaceutical industry would worth around $3.1bn by 2012, but this got affected by the current global recession, extension given by California State Board of Pharmacy, and other challenges regarding implementation of RFID. A new research report of Jan 2010 revised the market for RFID products and services in the pharmaceutical industry that it will be worth $884m (€631m) in 2015. In 2008, RFID market was worth around $112m and predicted value of around $884m in 2015, with a compound annual growth rate (CAGR) of 34 per cent. Of the current market, 60 per cent is believed to be generated by hardware, with the remaining 40 per cent coming from software and services.…

    • 823 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Wireless Proposal

    • 738 Words
    • 3 Pages

    As the businesses are emerging, they require advanced technologies. Wireless technologies are facilitating the businesses in many different ways. Wireless devices and wireless transmission media are technologies used in today’s business. Latest wireless devices such as android phones, I-phones, I-pads, laptops, PDA’s and wireless navigation systems provides businesses with various flexibilities.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The RFID technology has so far been used only in the upstream of the value chain to track bottles of wine and using it in downstream to target the end user is new in the market. Moreover, the smart phone market is expected to grow at a 50% rate in the next few years. We aim to ride on this technology wave to solve this pain point.…

    • 3520 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    12345

    • 6030 Words
    • 25 Pages

    4. Boss, Richard. “RFID Technology.” May 14, 2004. Public Library Association. Aug. 23, 2008 .…

    • 6030 Words
    • 25 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Apple Pay

    • 364 Words
    • 1 Page

    Unfortunately, if you have an iPhone 5S or older, your only solution is to use the Apple Watch, which also has the SE and NFC chips. The Apple Watch is tethered to your iPhone and will use your Touch ID in tandem with these chips to make a secure…

    • 364 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    PayTM FinalReport

    • 7892 Words
    • 29 Pages

    The global mobile wallet market gets a boost from the increasing smartphone penetration, increasing mobile data usage, and government-led initiatives. The convenient and environment-friendly nature of mobile wallet industry also propels the market. The global market for mobile wallet is segmented based on the industry participants, components, consumer type, functionality, and…

    • 7892 Words
    • 29 Pages
    Powerful Essays
  • Satisfactory Essays

    Soundbuzz's

    • 533 Words
    • 3 Pages

    Soundbuzz’s Music Strategy for Asia-Pacific Management Information Systems 05.11.2012 Outline 1. Analyze Soundbuzz and its business strategy. What strategies did it develop for dealing with the competition? 2. What are the critical elements for an online music service?…

    • 533 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    tag to tag communication

    • 5352 Words
    • 22 Pages

    we describe a novel passive RFID system and deal with direct tag-to-tag communication using RFID technology in the presence of external radio frequency field. Tags talk by modulating the external field and thus backscattering the commands to each other. We present the system concept and show its hardware implementation based on TI MSP430 microcontroller. We also provide the theoretical model for modulation depth vs. distance which agrees with experimental results (maximum tag-to-tag communication distance). Finally, we discuss possible applications and outline future work.…

    • 5352 Words
    • 22 Pages
    Powerful Essays