Microsoft Corporation (NASDAQ:MSFT) may soon mark its entry into the wearables industry as the technology giant is reported to be developing a smartwatch.

According to Forbes, the smartwatch the Redmond, Washington-based Microsoft Corporation (NASDAQ:MSFT) is developing is a cross-platform device which will work with iPhones, Android phones and Windows Phones. The smartwatch is said to have technology drawn from the company’s Xbox Kinect division. Citing several unnamed sources who are said to be familiar with the windows-maker’s plans, Forbes reports that the watch will have a two-day battery life which is comparable to Samsung’s Gear Fit, a smartwatch that is currently available in the market.

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What differentiates the Microsoft Corporation (NASDAQ:MSFT) smartwatch, Forbes writes, is that unlike the Gear Fit that has to have the feature turned on, it will continuously monitor the heart rate of its wearer over the day. Another detail from the report is that the smartwatch will have a screen that is similar in size to Samsung’s offering and which will be placed inside the wearer’s wrist for a more private but easy access to notifications.

Furthermore, Forbes writes that optical engineers the Kinect division along with designers and data scientists have developed a software platform that enables the rumored smartwatch to correlate data from the myriad of sensors the device has. This, the publication reports, will enable the user to have more precise data on their heart rate and level of fitness.

The report comes after Satya Nadella, Microsoft Corporation (NASDAQ:MSFT), spoke of an even bigger and brighter future for the company at the first Code Conference. He said that he sees two core things that the company must do: one is to build platforms and the other is to build software for productivity.

According to the publication’s sources, Microsoft is hoping to replicate the success of its Xbox and Kinect divisions and not repeat history with the Zune and the initial hardships of the Surface tablet.

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