Strengths, Weaknesses, Opportunities and Threats
Strengths
Does not cost a lot of money to buy this product.Able to inventory and locate assets quickly and reliably.
Weaknesses
Does not integrate with barcode technology.Will not locate assets if the asset is removed from the area.
Opportunities
Straw poll of network and system adminstrators indicated 72% of those surveyed indicated an interest in an asset tracking product utilizing RFID technology.Make an alliance with some companies creating RFID readers/writers to create an all-in-one product.
Introduce our product to the International market once our product becomes a hit in the United States.