Cloud technology has had an immense impact on many industries, including healthcare, education and retail. The cloud has provided on-demand access to information, reduced the need for large, physical storages, and has helped improve the analysis and trackability of information, all with lower implementation costs compared to on-premise solutions. Cloud technology could have the same impact on oil and gas. Unfortunately, the oil and gas industry has not been as receptive to the cloud as other industries. Below are a few tips to get your business started with the cloud. As we move forward, the cloud could begin to have an immense impact on production and productivity in the industry. Here’s how.

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Within the upstream energy sector, there are numerous gears that need to move seamlessly in order to produce oil. Operations, exploration, facilities, production, exploitation, drilling and other important departments must work together to quickly discover and produce crude. Many upstream energy businesses are still using paper to file and manage documents within the aforementioned departments. Previously, only large companies could afford cloud technology, but now cloud technology is facilitating more mid-size and small upstream businesses to reduce the environmental impact of paper processes and improve operational results at reduced operational costs. Here are three reasons why upstream energy should adopt cloud technology to reduce paper processes.

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