Identiv, Inc. said today that its Singapore transponder factory is on track to produce 350 million or more units of specialist radio frequency identification (RFID) devices by 2023. To enable accelerated growth in novel IoT and RFID solutions, the company obtained globally recognised compliance certifications and performance indicators. As the demand to communicate more data between things grows, connective technologies such as RFID and near field communication (NFC) are facilitating the rapid spread of the IoT. Craig-Hallum believes that the IoT market will increase at a 20% CAGR over the next few years, eventually surpassing a $1 trillion market. Identiv is in a great position to drive expansion as more products demand specialist RFID technology.
In its Singapore Center of Excellence in the Serangoon North cluster, Identiv continues to establish a team of best-in-class technical and operations professionals to support RFID business growth and expansion. The company has made significant investments in its Singapore manufacturing facility and will continue to expand its scale beyond nine-figure production capabilities by investing in cutting-edge manufacturing, converting, and encoding technology.
Identiv has fulfilled critical compliance and certification marks to supply novel IoT solutions, in addition to significantly improved capacity. To drive continuous improvement, streamline operations, and cut costs, the company earned ISO 9100 certification, the world’s most well recognised quality management standard. The certification demands a thorough examination of business processes, and success proves Identiv’s capacity to provide high-quality services while continuously improving internal procedures, as well as giving consumers trust in the company’s operations.
ISO 14001, the international standard for environmental management systems, was also acquired by Identiv (EMS). The major management system standard, ISO 14001, lays out the requirements for developing and maintaining an EMS. The accreditation verifies that Identiv’s operations satisfy the highest environmental management requirements and demonstrate a strong commitment to environmental protection and sustainability. The organisation also received the bizSAFE level 3 compliance accreditation from the Singapore Workplace Safety and Health Council, which is meant to provide workplace safety and health capabilities.
Identiv’s leading healthcare and mobility customers have all delivered high-quality compliance certifications. Identiv’s recent achievements have earned them many product innovation and sustainability honours.
“The increasing demand for RFID and NFC solutions to verify identities and security in the IoT are embedded in billions of everyday objects, including medical devices, books, toys, athletic apparel, perishables, and pharmaceuticals. We will continue to invest in increasing our capacity and bringing on new talent to create a digital identity for every physical object,” says Khoshniyati.