External technologies can transform even well established industries. For example, the automotive industry is undergoing fundamental changes brought about by the introduction of technologies developed in other industries. John will review some of the external technologies changing the automotive sector and the factors supporting the growth of these technologies. He will then evaluate a number of external technologies that may also have a significant impact on the petroleum industry. Attendees should come away from this talk with a better appreciation for the transformative role of external technologies and the merits of seeking out the small, entrepreneurial companies developing these technologies.