Most smartphones today come with voice-recognition software: You speak a question into your phone and the results come back to you via the wireless web.
That's what Siri is – the first-ever "voice bot" launched in 2011 via the Apple Inc. (Nasdaq: AAPL) iPhone 4S.
And now Microsoft has introduced "Cortana" – and let me tell you, she's awesome.
Cortana can search the Internet, set up reminders, shift calendar appointments, manage your mishmash of meetings, find restaurants, send text messages, and place phone calls. And she only seems to get better the more I deal with her.
Based on a 26th-century artificial intelligence (AI) character in the smash hit "Halo" videogame series, Cortana made her grand entrance as part of Windows Phone 8.1 – the key new update for Microsoft's mobile operating system (OS).
Microsoft's decision to enter the voice-recognition field means this technology has now passed the so-called "tipping point." By that I mean it's no longer just a cool "nice-to-have" feature – it's an integral part of personal computing.
And Microsoft believes Cortana can advance a tech platform that will change the way we interact with our mobile devices, our cars… and even our homes.
Because we understand this, we have an advantage. We've identified a small-cap leader that plays a key role in just about every aspect of voice-recognition technology, landing it squarely on our "stocks to buy" list.
Voice Recognition: A New Market
I'm big believer in voice recognition. I use it all the time to send text messages to my wife and kids. Ditto when I want to quickly reply to an email on my iPhone.
Not only that, but I also use it in my Acura MDX almost daily. When I want to make a call or set my navigation system to a new address, I just push a button and talk to the friendly female voice assistant.
I got immersed in "voice-rec" technology with the introduction of the Apple iPhone 4S in the fall of 2011, which Apple used to launch Siri (hence the "4S" designation) – the first voice bot truly designed for the masses.
The market has grown from there. Google Inc. (Nasdaq: GOOG, GOOGL) offers a digital voice assistant for mobile phones running its Android operating system through its "Google Now" service. And now Microsoft has entered the fray.
And while each of these three giants has strong entries in the voice-recognition market, none is the kind of "pure play" that offers maximum profit opportunities… like the one I want to share with you now.
About the Author
Michael A. Robinson is a 35-year Silicon Valley veteran and one of the top technology financial analysts working today. He regularly delivers winning trade recommendations to the Members of his monthly tech investing newsletter, Nova-X Report, and small-cap tech service, Radical Technology Profits. In the past two years alone, his subscribers have seen over 100 double- and triple-digit gains from his recommendations.
As a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs and high-profile industry insiders. In fact, he was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon. And he was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
In addition to being a regular guest and panelist on CNBC and Fox Business Network, Michael is also a Pulitzer Prize-nominated writer and reporter. His first book, "Overdrawn: The Bailout of American Savings" warned people about the coming financial collapse - years before "bailout" became a household word.
You can follow Michael's tech insight and product updates for free with his Strategic Tech Investor newsletter.