Have we not heard enough about economic crises?  Global recession has been a terrifying fact ingrained in our minds.  However, the Chinese word for crisis (危機) is composed of two ideograms — the first ideogram (危) means danger while the second ideogram (機) represents opportunity.  The economic crisis indeed presents itself as a danger, and yet the opportunities embedded in this concept can be seen in our ever-growing SMS industry.  As the Chinese saying goes — a crisis is also a turning point — our colleague Alex has proven to us with a great example about mobile advertising revenue .

Positive evidences from Mobile industry are more: Texting 4 Health Conference presented at Stanford University shows the expected growth in SMS users and the traffic volume:

1,900 millions users are expected in 2011, and 2,300,000 millions of messages will be reached overall in 2011, with a stable and soaring expansion in Asia market.  Pyramid Research also suggests that SMS will continue to generate the highest share of global mobile data revenue, expecting to double to $ 300 billion, by 2012.

With all the innovative and 0-budget M-Business models which Fortumo provides you with, as well as our multi-countries functionality in Europe and Asia, now it is your turn to look on the bright side of a crisis — mobilise your creativity, stay mobile, and turn crises into opportunities!

Last week we concentrated on smaller things that were more or less connected to money. A lot of things are coming soon but the following things were done this week:

• * Revenue sharing was upgraded in Bulgaria, being the best in the market, have a look 
• * Since a lot of you showed interest towards smaller end-user prices in Bulgaria we enabled two (0,3 and 0,6 BGN)
• * We finally have 50 EEK price point in Estonia and 3 RM in Malaysia
• * Google Chrome users were having minor problems with visual graphs, now it is solved

And finally in case you are not a Fortumo user but would still want to get feature updates, user case examples and a lot more, you can subscribe to our newsletter. You can  do it right here from the blog.

Today we will present you a new kind of service, connected with a game that I really enjoy. I am talking about Mu Online. All around the world there are big servers of this fascinating game, and all of them are visited by many people everyday. All of these people want to be the best and often they are ready to pay for this. If you are an owner of such a server, we offer you a script, that will help you connect your Mu-server webshop with our payment system. In this way you will grant your customers the option to find easily the items that they previously wanted so much, while in the same time you will earn revenue from your SMS services. This code was given to us by a customer of ours (ForgottenBG) and it is the first one from a series of scripts. Soon we will have Wiki, too where you can find similar scripts, as well as important information about us and our services. If before this becomes a fact, you want to share a script with us – he/she can do it here. Of course, we will grant prizes to the owners of the codes that we approve. And here is the script (sms_log.php) itself:

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Just in case you haven’t noticed yet, you can follow Fortumo in Twitter. This way you’ll get all the updates before others and useful information about sms-services, payments, things in virtual world  etc.

Most probably you have been wondering who are those people behind Fortumo. Who is the person answering to your questions, who created visual graphs for statistics and who is trying to get Fortumo to new countries. Well now you don’t have to guess any more, you can just have a look who are the people behind Fortumo.

No matter where you live – US, Denmark, Romania or China, you’ll hear words like ‘recession’, ‘global crisis’ and ‘decline’ several times each day. And although most of the industries have felt the harsh bite of the economy winding down, there are some good news, especially for those involved in mobile and web services.

According to a new report released by Magna last week, the market for mobile advertising will grow by 36%, rising from $169 million in 2008 to $229 million during 2009. The numbers represent US market only, but judging by several key factors, such as the extend of recession in the US compared to Europe, and the user’s habits (Europeans tend to use text/SMS and advanced mobile services more than customers in the US), we definitely have something to look forward to.

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It was only a week ago when we introduced you our new web design. But with web design face lift we also wanted to give you petter user experience. The first step was to collect all your account information to the same place.

It used to be that when you wanted to edit your personal information (birthday, change password, e-mail address) you had to do it in one place. When you wanted to change your payout information you had to do it in another place. Well now things are much easier.

Just click on my profile (marked with yellow stamp on the picture) and you’ll be landing on your profile page. On first tab you can change your personal information and on the second one payout details.