Concerning cloud security, Wong said the company has two ways to approach the issue.
The first approach is about choosing the right location for data center set up. "Is it safer to deposit your money in the bank or store them at home?" he asked. "I'm not suggesting I don't trust our in-house IT security. But security measures taken at home can't be comparable to those adopted by banks."
The second approach concerns data security. "If the data on the cloud concerns human resources and individual's privacy, we'll be very careful about handing them. But if we're dealing with day-to-day applications, we are not too worried about putting data in the cloud," Wong concluded.
Following the use of RFID in production in 2003, the "technology- focused company" is now checking out the potential of Internet of Things (IOT) implementation. "We thought of installing sensors on fabric carts for easy location in a fabric mill — currently a big headache for us. Using IOT, we may design a cart-parking solution.
Esquel is also testing the use of automatic-guided vehicle (AGV) inside the factory to help transport goods. Using AGV, one will need only to specify the start and end locations, the AGV will halt upon encountering an obstacle en route and move on when the path ahead is cleared.
The use of 3D printing appears to generate the biggest business value. "Rapid and precise prototyping is key to securing orders and businesses," said Ling. "A while ago we had an innovative idea of producing collar pins and clips using 3D printing initiated by a staff on Yammer. At present, Esquel has installed one 3D printer to mockup product accessories like buttons. According to Ling, the use of 3D printing for product mockup has helped its customers to minimize new metal mold production costs.
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