In creating your technology budget, consider all expenses related to technology, not just the cost of an agency management system. By Steve Anderson G ordon Moore, one of the founders of Intel Corporation, is the individual who first observed that computer processing power doubles every 18 months. This observation is now known as Moore's Law. This unrelenting change creates one of the biggest frustrations that agents can experience.
Technology changes so quickly it is hard for agents to keep up.
Constantly changing technology is a fact of life, and the amount of change isn't going to slow down. New technology developments such as the Internet, and improvements in electronic document storage, mobile computing, new generations of agency management systems, and increasingly sophisticated software make it essential to keep up. In any discussion of how to budget for new technology it is important to remember that technology is a tool that supports the business, not the other way around. There are only two good reasons for buying technology. Technology must either help you reduce expenses, or it must help you increase revenue.