Software

What do you need to know before developing technology in house?

At Waddi, we are committed to providing innovative technology solutions to improve the efficiency of gas utility operations, increase gas handling safety and improve customer satisfaction. In this blog, we are going to talk about the development of in-house technology in gas utilities and how it can affect your business. Our goal is to provide you with useful and practical information so that you can improve all aspects of your gas station. If you are interested in learning more about the development of in-house technology, its impact on your gas station and alternatives available in the market, read on!

TTechnology

In-house technology, also known as internal technology, refers to the creation and development of technology solutions within a company, rather than acquiring them from external suppliers. In the context of gas companies, this means that the company decides to create its own tools and systems to improve the efficiency of operations in order to increase customer satisfaction. This can range from tracking and monitoring systems for gas deliveries to mobile applications for online ordering or data analysis tools. The advantage of developing technology in-house is that the company has greater control over the development process and can tailor solutions to its specific needs. However, it also requires a significant investment in time and resources for its development and proper maintenance.

What to consider when developing in-house technology in my gas plant?

Technology has become a fundamental tool for any company that wants to remain competitive in the market. And while there are pre-existing technology solutions on the market, some companies prefer to develop their own technology in-house. This can be especially true for companies that have specific needs that are not fully covered by existing solutions. You can also opt for technology tools that can be adapted and configured to your company's needs. If you own a gas station, you may have wondered whether developing in-house technology is the right choice for your business. When making this decision, there are a few factors to consider:

Define business objectives.

Before starting any technology development, it is important to define your business objectives and how in-house technology can help you achieve them. Are you looking to improve efficiency in gas distribution? Or do you need to optimize your billing and collection processes? Knowing exactly what you need can help you focus your efforts on developing technology that really improves your business. With Waddi you can have total management over your gas station logistics and customer experience. Get ready to implement it in your gas station!

Evaluate your resources.

Developing in-house technology requires significant resources, such as qualified personnel, equipment, software and development tools. Before starting any such project, make sure your company has the necessary resources to carry it out. If not, you may need to consider outsourcing development or investing in training existing staff.

Analyze costs and time.

It is important to consider the costs and time it will take to develop the technology in-house. Sometimes it can be more cost-effective and faster to acquire existing technology rather than developing it from scratch, which takes more time and adds costs. Keep in mind that in-house technology development can be time consuming and can take time away from other valuable projects. This is why it is key to know the time and have limits on how much you are going to use for its development.

Be cautious! Research the market

Before starting any in-house technology development project, be sure to research if there are solutions available in the market that can meet your company's needs. You may find that there are existing technology solutions that fit your needs perfectly, and if so, you could save time and resources by acquiring existing technology.

Be aware of intellectual property.

If you decide to develop technology in-house, you must make sure that you have full ownership of the developed technology. This is simply important to avoid legal problems in the future. Make sure you have the intellectual property rights to any technology developed in-house, and if necessary, seek legal advice.

Plan the implementation of in-house technology.

Finally, it is crucial to keep in mind that implementing in-house technology can be complex. Before you begin, make sure you have a detailed implementation plan that includes timelines, the personnel involved and the necessary training. A good implementation plan can help you minimize problems and ensure that the technology is implemented correctly.

We invite you to discover how our technology platform for gas stations can help you improve the efficiency of your operations and increase customer satisfaction. If you are interested in implementing in-house technology solutions in your gas station, contact our team. Don't miss the opportunity to take your gas station to the next level with Waddi!

Araí Godoy Gomez
Content Specialist at Waddi