Microsoft (NASDAQ:MSFT) is often portrayed as a technology company that has lost its way and has forgotten how to innovate. However, as I will demonstrate below, nothing could be further from the truth. In this article I will present you with some of the most exciting Microsoft projects that could boost significantly the company's earnings.
However, you should keep in mind that it may take some time before these projects come to fruition and become available to consumers and businesses in the US and the rest of the world.
This project is quite straightforward, it's a hardware and software product that allows ordinary LCD screens to become fully functional multi-point touchscreens. This is extremely useful as it will help to massively and economically create new products like 40''+ touch-screen TVs and upgrade many more appliances that are already in use.
This project is about expanding a mobile device's multi-touch capabilities beyond the size of its screen. This is achieved using infrared sensors on the side of the device. This way we can use our fingers to use the device but without touching its screen.
This technology could prove extremely useful in watches, tablets (for gaming and other applications), cars (when one uses his phone's maps and GPS), toys and everything else that is big enough to have a touch screen and enough space around it for us to move our fingers.
Lightspace and Omnitouch have essentially the same purpose. With Lightspace you can use your table, your room's wall or floor as fully interactive screens that are also connected to each other. With this technology in presentations, teaching will never be the same again.
Omnitouch is a wearable version that allows users to create a touch-screen wherever they are and use in this way their phone, tablet or laptop without having to take it out of their bag or pocket.
Given the fact that the development team says that this device can easily be made in the size of a matchbox or a pendant, I believe that this could help shrink our phones to the size of a watch without compromising web-browsing, emailing, talking on the phone or anything we might want to do.
Ilumishare is lamp-like device that allows for real-time sharing of two users' workplaces. Users are able to share with one another physical notes and objects as if they were digital ones.
This looks like an almost finished product and as I see it has many potential uses beyond work collaboration and remote teaching. It could be also used for remotely playing games and providing customer support services.
Mirage Blocks is a device that scans an object and digitizes it in 3D allowing you to manipulate it in every way you want. This is a very useful tool for designers, architects and other people that use CAD programs to create 3D designs.
Investors shouldn't underestimate Microsoft's ability to innovate in meaningful ways. Omnitouch and Ilumishare are products that (if introduced) could easily gain mass acceptance and become a large part of Microsoft's profits.
And the projects I chose to share with you today are only a tiny fraction of the 919 projects that Microsoft lists on its research site. And given the company's already low valuation I believe that Microsoft is a solid investment with very little downside risk but great potential. Even in the case that the PC market is indeed in permanent decline.
Disclosure: I am long MSFT. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.