Phone & Technology

The first mobile phone was introduced some 30 years back. In the last three decades, this technology sector has seen enormous growth. Today, almost half the population of the world is using cell phones. This roughly translates to some 4 billion cell phone users in the world. Today, you go to any corner of the world and you will find people using mobile phones. Over the years, this technology has reduced distances and made life easier for the people by connecting them whenever and from wherever they want.

In the last three decades, mobile phone creators and innovators were richly rewarded. Mobile phone market has seen enormous growth in the last three decades. Some experts are saying that the mobile phone market may have reached it’s saturation level. Are the opportunities in the cell phone technology sector over? Definitely not! There are still huge areas in mobile computing with enormous wealth creation potential for those who invest in it now.

In the beginning, mobile phone technology was purely voice based but this changed over time to data based with the introduction of the SMS- Short Messaging Service. This is also know as Text Messaging Service. People have been hooked to this service all over the world. It is much cheaper and easier to SMS than to talk directly all the times. Billions of SMS are being transmitted every day and every hour around the world.

SMS has finally transformed the mobile phone technology from voice based to data based. This has enormous potential for entrepreneurial firms and those investors who back them. SMS is very cheap. Now you can even Twitter your SMS Text Messages. Vast amounts of data is being texted daily now.

Just imagine the early days of the world wide web, when there was no way to search websites for relevant information. Google came and captured the market with it’s search engine. In the same way, these SMS represents enormous sea of information that needs to be mined.

There are some small startups OTC companies that are engaged in doing research on how mobile texts could be mined for information. These companies are engaged in ground breaking research and development that could bring intelligence and control to the SMS market. You can do your research and unearth them. Investing in one of these companies that are in their very early phases can make you a fortune in a few years time.

Tags: phone, technology