Google Inc (NASDAQ:GOOG) Is About to Launch “Glass” for the Office

Alphabet Inc (GOOG) Google Glass

Google Inc   Glass is one gadget that makes us all excited, but not much has been heard about it lately. But now, we do know a new version of the Google Glass Enterprise Edition is in works, and it will be very different from the Explorer Edition we all know about, says a report from 9to5Google.

Google Inc  Glass

Focus on enterprise

The new version will have greater durability than the initial version, and will fold like a normal pair of glasses. A new technology will allow the computer and battery hardware, which are fitted on the right side, to fold easily.

The new version will be made more stronger physically to weather drops and bumps, something that was missing in the original glass, reports 9to5Google, adding that the device will be water resistant as well.

Overall, the latest changes do suggest that the device is being built with a focus on workplace instead of making it a piece of fashion. In addition, the internals of the device will also be updated to have a larger display prism, more processing capacity, and a better battery backup, says the report.

The claim from 9to5Google of a new version of Google  Glass gets support from a news earlier this month, which said the Internet firm went to FCC to get an approval for a new gadget, which many expected to be a new version of the Glass. The device bears the code A4R-GG1, and was not listed under smartphone, tablet or media device.

Can investors expect new revenue stream?

With reports of Google Inc coming with Glass for the enterprise, investors will be hopeful that soon the much-awaited project will bring in revenues for the firm. So far, sales from the Glass can be assumed as negligible. Google has, on the other hand, firm has spent huge money on the project.

Google has given the responsibility of the glass to Tony Fadell, who headed Nest Labs, which the firm acquired. Google Glass was unveiled as a beta product two years back. At that time, Google invited selected group referred to as “Explorers” to buy the gadget for $1500, but later the invite system was scrapped, and the glass was made available to everyone. However, earlier this year, the sale was discontinued.

As of now, there is no surety, if Google is actually working on anything like this. But, making Glass a serious option for the Enterprise, is the best possibility to keep the firm’s one of the most ambitious project alive.

On Tuesday, Google shares closed up 0.36% at $695.35, and year to date, the stock is up almost 30%.

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Aman is MBA (Finance) with an experience on both marketing and Finance side. He has work as a Risk Analyst for AIR Worldwide, and is currently leading VeRa FinServ, a Financial Research firm. Favorite pastimes include watching science fiction movies, playing PC games and cricket.

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