Five technologies to propel your oil & gas business forward – Part 1

The five technologies listed below have not only revolutionized how the business world works today – but also how productive businesses have become.

A few of the items on my list here may seem like a joke, but I kid you not. Not everyone uses these technologies to their benefit – or to the benefit of boosting their business, which is precisely why it’s important to understand how they can help your oil and gas business, or any business for that matter, move forward.

Using technology

1. Computers – This seems like a no-brainer, but as obvious as it seems, not all businesses are utilizing their computers to the fullest even if they own one. Many of you out there like me can’t imagine a world without computers. I grew up with computers and can’t even fathom the fact that original computers took up entire rooms.

To show how completely dominate computers are in our society, check out these two facts:

– In 2008, Gartner, Inc., a technology research company, announced the number of installed PCs worldwide had reached 1 billion – with 58 percent of those computers in the United States, Japan and Western Europe, and that this number will surpass 2 billion by 2014.

– Secondly, I know elementary students, ELEMENTARY students, who are taking typing classes in the second and third grades, and are expected to be able to type 35 words per minute by the end of the year. These are children that can probably type faster than most businessmen I know, and they may even be your children.

The point is – computers are one facet of technology you absolutely have to embrace. Not only are computers now affordable, but they also are customizable for your business and they will improve your productivity by 500 percent. Now that’s not scientific number, just a hypothesis from my experience.

Computers give you a secure location to electronically store all your documents, records, client data, financials, etc. You can back up that data and prevent a catastrophe in your office in the event that some disaster destroyed every paper document you needed. It also is commutable, meaning you can take your work with you, complete your work anywhere. And this is only the tip of the iceberg as far as computer benefits go.

I personally am on my computer 95% of my time at work and almost consider it an extension of myself. Everything I do from my tasks, to to-do lists, projects, research, client contact, etc is stored on my laptop that conveniently can travel with me wherever I need to go.

2. High Speed Internet – And by high-speed Internet, I’m not talking about the kind where you have to go connect your modem to your telephone and wait for it to dial before you can even think about getting online. I’m talking about instant connection to the Internet: a magical place where downloads take minutes instead of hours, and web pages appear in seconds instead of having to wait and wait and wait for the page to show up on your computer.

If you know anything about our society today, you know it is one that’s not exactly patient. In the business world, speed equals money. The faster you can make decisions and complete your job, the more efficient and productive you are.

If you are currently saddled with a dial-up or slower connection to the Internet, I would seriously consider checking out other options for getting a faster connection for your business needs.

Check out the last three technologies in my next post.

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