Friday, July 30, 2010

Microvision: New Product Development Using IPM and PDE

On several occasions, Alex Tokman, CEO of Microvision, has stated that he doesn’t want the company to be just a commodity supplier of IPMs [Integrated Photonic Modules] and PDEs [PicoP Display Engines] to global consumer electronic firms. He wants to position the company as an applications and value –add powerhouse with a broad array of high margin products.

Here’s my take on the future at Microvision…

There are three areas that I would like to focus on…

1. SHOWwx is just the beginning of things to come

2. Laser PicoP Technology as “Core” vs. “Commodity” Technology

3. More Purchase Order to Confirm Rapid Ramp-up of Green Laser Production.

SHOWwx Just the Beginning of Things to Come:
On March 24th, Microvision started selling its laser PicoP projector SHOWwx to the US market… selling them directly; from its on-line web store for a handsome profit. When you sell directly; your margins are always better because of the savings in middleman’s commission. By the next earnings conference call; we should find out for sure what sales revenues and profit margins are from sale of SHOWwx.

At the 2010 Annual Shareholders Meeting, Microvision CEO confirmed the receipt of purchase orders worth $16.7 million dollars for SHOWwx and the ultra miniature PDE… and that is the part that confirms my view that SHOWwx and the $16.7 million in purchase orders is the just the beginning of things to come.

http://www.slideshare.net/lautiffany/microvision-asm-2010-highlights
[Note: Please review slide 21]

Here’s why…

Potential markets for laser based PicoP Display Engine technology is not only huge… but it is also a high margin market opportunity.

If you were to consider the high-end Media Player market alone… the possibilities are enormous…

Low Power Front Projection Media Players for the Third World Countries:

Think about 2.5 billion people in India and China... as they represent the potential buyers of a low power front projection portable TV/Media Player that offers a large screen [60'' to 100''] high definition always in focus vivid and bright color viewing experience. Extremely low ENERGY consumption [like 10 watts or less] and portability is the key market demand factor here. Energy will become more and more scarce and expensive by leaps and bounds…whereas the portability allows for sharing of resources among friends and family.

Low Power Front Projection Media Player for the Master Bedroom:

Think about a billion bedrooms globally that could use a ceiling projector... for adding another dimension to the various ways of media consumption for information and entertainment. We have desired the bedroom viewing of television for ever, so it seems, and some of us may have installed televisions in the bedroom. However, now it is possible to add, by the millions, a low power media player with built-in PicoP projector in our bedrooms… that offers short throw ratio, wide screen, high definition, bright and vivid color, and always in focus viewing experience. Media player/projector runs on low power batteries... so no risk of electrocuting yourself. No significant heat... so you won't burn yourself. No heavy duty TV to install on the bedroom wall.

Low Power Portable Projection Media Player for Every Bedroom in the House:

All you need is one portable Media Player with built-in PicoP projector… that gets moved around from room to room when and where it’s needed. It certainly is a cheaper alternative than buying a TV for each room of the house. This portable Media Player can also be the one you pack with your bags… when you are on the go.

Market Size for Portable Media Players with built-in PicoP Projectors is huge… like in billions world-wide. The most recent orders for $16.7 million from the Consumer Electronic companies are just the beginning of what’s to come... and not the end.

Laser PicoP Technology as “Core” vs. “Commodity” Technology:
Some have questioned the laser PicoP as “core” [like CPUs from Intel] vs. “commodity” technology [like cell phone touch screen and cameras].

My take on the subject is as follows...

The IPMs and PDEs [the generic version] are an enabling technology and therefore a commodity... no question about that.

However, laser PicoP is a core technology and that's how it is being positioned by Microvision. Pico technology from TI or 3M will not create [or capture] as large a market as laser PicoP would... due to inherent image quality and differenciating functionality [like always-in-focus] that is only possible due to lasers being used as the light source.

Microvision laser PicoP technology will capture its fair share of the captive markets but it would go-on-further and create markets that are only possible because of laser PicoP. And that's not the commodity markets by any means. Microvision recognizes that right from the beginning; and therefore is positioning the PicoP Display Engines accordingly… by using the “Image by PicoP” insignia on every thing related to its technology.

There will be others with laser pico technology down the road... and that's why Microvision is churning out these patents by the hundreds… to protect its IP turf. Also, the "Image by PicoP" is part of this marketing strategy that positions Microvision PicoP technology as a "core" and not "commodity" right from day one. From what I have seen, and there is plenty of evidence for you to see as well, Microvision is charging a premium price for its PicoP technology. Just look at SHOWwx Commercial Edition currently for sale at $549.

I hope you can appreciate the difference... because it’s worth billions of dollars when it is executed with knowledge, passion, and gumption

Currently, there are several products in development at Microvision… and two of the most visible ones are…

Video and Console Gaming:

Microvision’s wireless 720p laser pico projector-based game controller prototype is being developed in collaboration with Intel. Over the last year, we have heard so much about the “PicoP First-Person Shooter Gaming Gun Prototype” that addresses the multi-billion dollar gaming market.

http://www.microvision.com/displayground/?p=1729

Laser Imaging and Laser Camera:

Microvision and Johnson & Johnson worked on this application for years… going back a few years ago.

Why has nothing ever come of this technology? J&J Ethicon has been working on an endoscope design for years with a number of patents that were awarded along the way. Nothing has ever come of this, I suppose, because they have been waiting on a RGB laser engine like the Microvision PDEs? And now that we have green lasers available, and the supply chain is ramping-up quickly, can we finally expect to see an endoscope or laser camera become reality?

Until recently, the Company was focused on bringing the SHOWwx to market and every thing else was on the back burner. Now that we have had a commercial launch of SHOWwx; and green laser technology and supply has improved, I see a renewed interest in the Laser Imaging and Laser Camera applications of Microvision IPM [photonic modules] and PDE [display engines]. Laser Imaging and Laser Camera is a multi-billion dollar market... and is a captive market for a cost effective innovative solution like what Microvision offers.

The following information is based on an article by a Microvision patent expert [Chris Wiklof, Director of patents from 2000-2006] that explains the Microvision’s Laser Camera concept. Richard Rutkowski, former CEO of Microvision, was a young hippie when this article was published, that's how old it is. There were two "camera" applications that he loved to talk about: confocal cameras and endoscopes, the latter got a lot of attention when Johnson & Johnson's Ethicon Endo division signed a contract with Microvision, back in 2005.
http://sis.windhover.com/buy/abstract.php?id=200520002&utm_source=company

Here’s the edited version of information on Microvision Laser Camera from the "past era of days gone by"…

Microvision has developed an innovative imaging platform that uses scanned beams of light and is in effect a versatile “laser camera.” Leveraging technology originally developed for its scanned-beam displays, like the laser projector SHOWwx, Microvision has developed a scanned-beam imaging [such as in laser endoscopes] design that meets demanding size constraints (5-mm total diameter) while also delivering good resolution (currently 720p HD). While recent developments have centered on biological and medical applications, the technology represents a unique and extensible imaging architecture that has applicability across a broad range of medical and non-medical markets, including barcode scanning, machine vision, microscopy, and scientific imaging.

In a conventional digital camera, a field of view is flood illuminated. A small portion of the illumination power impinges upon any particular spot. The rays that impinge upon the spot can be absorbed, transmitted, reflected, or scattered. A very small portion of the light scattered from the spot is imaged through a lens and aperture to a conjugate light-sensor element, where the photons are converted to electrons. To form an image, the process is repeated in parallel, with a small portion of light from each spot simultaneously imaged onto each of a typically large array of corresponding light sensors.

Compared to a conventional digital camera; a laser camera works in reverse. A laser beam illuminates a single spot while a large-numerical-aperture non-imaging detector receives the scattered light energy and converts it to an electrical signal. Because all the illumination energy falls on the particular spot of interest, there is no need to form a conjugate image plane and no need to exclude light from elsewhere in the field of view with a lens and aperture. To form an image, the process is repeated sequentially, moving the beam to illuminate the next spot and the scattered energy is again measured.

Comparing the two technologies, one can see that the direction of light propagation is reversed. Whereas the resolution-determining step in a conventional digital camera involves selectively receiving light energy from a spot, the resolution-determining step in a laser camera involves selectively illuminating a spot. The reversal of the rays does not affect the final image; for example, a spot that looks semitransparent and pinkish to a conventional digital camera looks semitransparent and pinkish to a laser camera.

Whereas conventional digital photography places a technology burden on the CCD or CMOS sensor array, laser photography requires a high-performance beam scanner. The beam scanner must be able to scan at high frequency to provide a high frame rate. Microvision currently uses proprietary single-crystal bulk-micro-machined silicon Micro Electro Mechanical System (MEMS) scanner technology developed for its scanned-beam pico projector.

Here’s the link to information on CCD and CMOS senor array used in digital cameras:

http://electronics.howstuffworks.com/cameras-photography/digital/question362.htm

Unique Attributes of Laser Camera:

A laser camera is intrinsically self-illuminating, which means that a laser camera cannot capture daylight images taken at long distances. Instead, a laser camera is a strong candidate to capture images at moderate to short distances, and especially high-magnification images. While daylight does not interfere with a laser camera’s operation─ the beam scan rate is so high that the processor simply ignores DC light levels and rejects noise from artificial illumination─ it also does not help it. The image captured by the laser camera is one produced by the laser camera’s scanned beam. Thus, a laser camera will not capture the appearance of speckled sunlight transmitted through leaves. Instead, the laser camera will capture the appearance of a leaf as viewed from the perspective of the light source.

Though not suitable for general-purpose, like ambient-light photography, a laser camera has many attributes that are valuable to a range of medical, commercial and scientific applications.

• No motion blur: Because the dwell time that the beam remains on any given spot is very short (about 20 ns); there is virtually no motion blur evident in any one pixel for most types of images. Thus, it is possible to capture fast moving objects without requiring complex and bulky strobe illumination. Movement in the image that occurs during the frame time will be expressed as a skewing of the image, an artifact that can be removed during image processing.

• Controlled specular reflection: Because the illumination source is a point, the amount of specular reflection [cause of glare] in the image can be reduced significantly. For example, with a ring illuminator typically used for close-up conventional photography; many subjects exhibit a white halo that washes out important details. With a laser camera, even though the detector occupies a relatively large area, glare is virtually nonexistent.

• Small and self-contained laser camera with illumination: Whereas a conventional sensor array must occupy an area large enough to fit its pixels, a laser camera only requires a small sensor area and a scanning mirror. A scanning laser endoscope [for example] capable of 720p resolution is only 5 mm in diameter. Furthermore, because a laser camera is self-illuminating, all the necessary components can be placed in a single package, thus requiring no field engineering to select, install, and adjust a light source. Such a small and self-contained package is useful for many medical, scientific, and industrial applications.

• Long range/large depth of field: Because there is virtually no light lost from the illumination beam, a laser camera has greater range than the illumination range of a conventional digital camera. Similarly, conventional systems using artificial illumination at long range are typically operated with a relatively large aperture to maximize light collection, resulting in reduced depth of field. Conversely, a laser camera detector does not image the returned light and there is no need for an aperture. The laser illumination beam of a laser camera can be substantially collimated across a wide range of applications such that focus stays constant with distance, resulting in significantly improved depth of field.

• Wavelength agility: If the passband of a conventional digital camera filter is narrowed, the amount of light reaching a detector is severely reduced, resulting in a low signal-to-noise ratio. Conversely, the laser illuminators typically used with a laser camera have a very narrow spectral width. This allows the system designer to select particular wavelengths with which to probe and image the field of view. Depending upon individual system architecture, it is possible to allow for a large number of imaging wavelengths, a property that lends the laser camera high specificity with respect to dye or pigment measurements. This may be especially useful in advanced medical and scientific techniques such as photodynamic therapy.

• Large color gamut: Because of the narrow spectral width of the illumination sources, a laser camera’s color sensitivity is placed closer to the perimeter of a C.I.E. chromaticity diagram than the wider band filters used by a conventional digital camera to separate colors. This results in a larger triangle (for an RGB, three-color system) within the color space, which results in the ability to capture greener greens, redder reds, and bluer blues… giving higher 200% NTSC rating to Microvision laser PDEs.

• Variable field of view: The laser camera’s field of view consists of the range of spots to which the scanner directs the illumination beam and is thus determined by the drive waveform delivered to the scanner. Thus, lossless electronic zoom and variable aspect ratio may be achieved by dynamic modification of the scanner drive.

• High magnification: A laser camera’s magnification can be quite high, depending upon beam shape. For example, the laser-beam waist can be made quite small and the scan angle reduced to produce a high-magnification image of a small field of view. By placing a beam splitter between the light-beam source and the scan mirror, and picking off a return image, the laser camera can be easily configured as a tiny confocal microscope and deliver magnification sufficient to resolve embedded objects a few hundred nanometers in diameter or map the surface profile of an integrated circuit.

Laser Camera ─ the New Frontier

The laser-camera technology offers many new performance capabilities and benefits by exploiting a fundamentally new architecture for capturing images. These capabilities, taken individually or in combination, are expected to open a new design frontier for imaging systems with requirements that cannot be cost-effectively met by conventional integrated matrix imagers… in this multi-billion dollar market.

Anant Goel

Saturday, July 24, 2010

Microvision: Employees Talk

When you work for a cutting edge technology company like Microvision, there are bound to be comments from employees that are good [called pros] and bad [called the cons].

I’ll skip the “pros” because they tend to be mostly glowing and biased… because if the employee still works there then it must be good; otherwise “what the heck are you doing there in the first place”.

However, when it comes to “cons”, they really tell a lot about the company and how it operates internally. One word of caution nonetheless when reading the “cons”… you have to extrapolate the negative because most of the time the employees talking to you are reluctant to say bluntly what’s on their mind for the sake of keeping the job they have at Microvision.

With that in mind, here are some Microvision employee comments…

Microvision Engineer in Redmond, WA: (Current Employee)
“Microvision - when you work here, you make a difference.”
4/28/2009

Cons:
As a small company, some resources are not available. Everyone, all the time, is stretching to get done what needs to be done. There is a fairly constant feeling of being overloaded.

Advice to Senior Management:
Try to cut back on the project list.

Microvision Engineer in Redmond, WA: (Current Employee)
“Working for Microvision”
7/19/2010

Cons:
Too much work, extra time not compensated. Poor communications among teams. Busy all year round, no taking it easy time. Lots of deadlines.

Advice to Senior Management:
More free time, less tightly bound schedules; more communication would really make Microvision a good place to work for everyday.

Microvision Not Telling As We Run So Thin A Job Title Would Give It Away. in Redmond, WA: (Current Employee)
6/17/2008

Cons:
Some of the downsides to working at Microvision is that Senior Management is not very good at communicating down to the regular employees. It's a bit embarrassing having a relative call me about a press release that I hadn't heard because we don't say anything internally. I think it was almost two months before they announced a huge sale of bar code scanners to the rest of the company. When all you are selling is one product at the moment those kinds of wins help pick people up!

One other big downside is that much of the company needs to switch their thinking from how they were before. I've never worked at a place that actually sold something that had so many barriers in place to finishing a sale, so many signatures are needed and physical pieces of paper need to go places, it's very inefficient. There are definite growing pains here as the company goes from an R & D house to a company that actually sells consumer products.

One final downside is that we are running very lean on people so often times you have to do things that are completely outside of your scope. While this is good at times, sometimes it feels like you get setup for failure.

Advice to Senior Management:
I would urge Senior Management to celebrate the wins when they happen. Also if there's news going out, even if it's "non news" let the rest of the company know so we don't look stupid when people ask us about it.

In conclusion, here’s the link just to make sure you don’t think I made-up this crap…
http://www.glassdoor.com/Reviews/Microvision-Reviews-E6316.htm

Advise to Microvision investors…

“Don’t get too comfortable… keep an eye open while taking the snooze”.

Anant Goel

Microvision: To Report 2nd Qtr Earnings on August 5th

Based on past history and unconfirmed reports, Microvision 2nd Qtr earning conference call is currently scheduled for August 5th.

Here’s the link to unconfirmed report on earnings conference call…
http://www.tradingmarkets.com/news/stock-alert/mvis_microvision-inc-mvis-corporate-event-announcement-notice-1051076.html

This 2nd Qtr earnings report, in my opinion, would be the most significant milestone in the history of Microvision because…

“… after 14 years of R&D, and having spent over $350 million dollars, the company will finally be in an enviable position to report revenues from product sales for an entire Qtr… and based on what’s reported, the entire financial future of this company─ and its stockholders, may take shape for the foreseeable future.”

The most important number to watch would be the “recognized product revenues for the 2nd Qtr”.

That’s correct, the “recognized product revenues for the 2nd Qtr 2010”.

Granted, the backorders; profit margins; patents & awards; contracts & agreements; and future product introductions do count, but then again who knows for sure what the future would bring, and if the delivery would be made at profitable margins in the near term.

However, what do count, at this stage of commercial product introduction, are the actual sales of SHOWwx laser pico projector to consumers… indicating current demand to be over or below the current available green lasers, and the actual sales of PEKs/PDEs to OEMs… indicating future interest in the second generation embedded IPMs.

Having said that, let’s take a look at some projections for 2nd Qtr product revenues…

First of all, let me warn you that it is not easy to model product revenues for a company like Microvision because…

“For a company that launched laser based SHOWwx in September 2009, and announced the availability of the hottest consumer electronic product of this decade in March 2010, the Microvision management team is awfully quiet on all fronts of news with no visible signs of product promotions, marketing or sales.”

With that in mind, and taking all the plausible scenarios into consideration, I’m looking at $1,900,000 to $3,600,000 in recognized product revenues for the 2nd Qtr 2010.

That’s the bottom line from my vantage point and I’ll spare you the details.

Now, here we go with the analysis…

• Anything less than $1,900,000 in recognized product revenues would be the sign of poor sales… that are not necessarily held back by green laser availability? Current events and management changes taking place at Microvision point more to this revenue number than anything higher.

• Anything more than $3,600,000 in recognized product revenues would be the sign of robust sales that leverage green laser availability to its fullest… and could have been better if more green lasers were available. The probability of this happening is low… but we can hope, can’t we?

These numbers are based on some complex modeling and are very subjective to one man’s opinion… in this case, it’s mine!

How the investors would react to this sort of news is anybody’s guess!

However, one thing is for sure…

Investors don’t like the lack of any significant news for extended periods of time and they react by selling [and short selling] the Microvision stock. Just in one week, a few weeks ago after the Annual Shareholders Meeting, the MVIS stock price dropped by 30% [down from $3.60 to $2.64]. This kind of price drop, it seems, has become a norm for Microvision stock after every Qtr earnings CC or the Annual Shareholders Meeting.

Lack of news; or any visible signs of product promotion, marketing, or sales does not build confidence in Microvision business model… and as a result, more and more investors [and supporters] abandon the MVIS stock every time there is carnage in its market price.

I don’t know if the Microvision corporate management realizes how important the MVIS investors are to the well being, survival, and future prosperity of their [our] company?

I didn’t think that I would ever say this; but after years of holding MVIS stock and taking my share of loses as the perpetual LONG.…

• Microvision stock has no backbone; and shows strength only when it receives attention from management lip service at times of needs for additional funding or before the quarterly earnings CC or the Annual Shareholders Meetings.

• MVIS stock has, time and again, proven that it is the Trader’s and professional Short’s trading panacea to making money while the Longs have been the perpetual losers.

To make the long story short, here’s what I would recommend to my friends, family, or anyone who chooses to preserve their investment capital rather than squander it on this perpetual dream machine…

“Buy low and sell high… and trade… trade… trade”

Anant Goel

Friday, July 2, 2010

Microvision: Open Letter to Microvision CEO Alex Tokman

For a company that launched laser based SHOWwx in September 2009, and announced the availability of the hottest consumer electronic product of this decade, your management team is awfully quiet on all fronts of news with no visible signs of product promotions, marketing or sales. Granted, the backorders and future product introductions do count; but then again who knows for sure what the future would bring, and if the delivery would be made at profitable terms.

Market does not like the lack of any significant news for extended periods and reacts by selling [and short selling] the Microvision stock. Just over the last one week, the stock price has dropped by 30% [down from $3.60 to $2.64]. This kind of price drop, it seems, has become a norm for Microvision stock after every Qtr earnings CC or the Annual Share Holders meeting.

Lack of news; or lack of any visible signs of product promotion, marketing, or sales does not build confidence in Microvision business model… and as a result, more and more investors [and supporters] abandon the MVIS stock every time there is carnage in its market price.

I don’t know if you realize how important the Microvision investors are to the well being, survival, and future prosperity of your [our] company?

Think about this…

At this early stage of the game, your first wave of prospective customers will be the Microvision investors [their family & friends], employees, vendors, hot leads from trade shows, and a few live ones from the ROV customer base. That’s your “hot” prospective customer base that you can easily tap for “placing the sensors in the ground”.

There are over 1,000 investors of MVIS stock that track the company’s news like a hawk on a daily basis. Each one of us [investors] has at least 200 people in our center of influence. If you do the math and add-up all the numbers you get over 200,000 people that would love to provide comments [and feed back] and be part of this paradigm changing technology at this early stage.

President-elect Obama used the Internet to reach out to millions [and continues to do so to this day] in a very short period of time and raised over $1billion in donations for his Presidential election. If Obama can evangelize his “Change We Need” slogan, then why can’t Microvision do the same with its “PicoP Green Machine” slogan? Let’s face it… sooner or later Microvision will have a HD PicoP Projector/TV that could provide large screen HDTV experience to a billion people in energy starved China and India. In the U.S. and Europe, it could easily replace millions of power hungry LCD/Plasma TVs in every room.

Investors need more frequent news on product developments; and also need to see visible signs of activity in promotions, marketing and sales… no matter how small. It keeps us interested and engaged. Share more information with us [Microvision investors] and make us part of your viral marketing strategy. It costs you nothing and results could be 200,000 times better than what an expensive team of executives with fancy titles would bring to the table.

For a moment think Apple…
To succeed like Apple, companies need to understand more deeply the consumer they are targeting. Apple recognizes that it can't have everyone as its customer. It is willing to alienate some segments by appealing to a strong core of people that sociologists refer to as the Cultural Creatives. These are the people who wait in line overnight for the latest iPod, iPhone, or the iPad. Focusing on the Cultural Creatives in turn attracts followers who might not otherwise trust the brand.

[The concept is presented in the book The Cultural Creatives: How 50 Million People Are Changing the World (2000), where the authors claim to have found that 50 million adult Americans who can now be identified as belonging to this group. They estimated that there were an additional 80 to 90 million Cultural Creatives in Europe as of 2000.]
http://en.wikipedia.org/wiki/Cultural_Creatives

Observe the next 10 people you see on the street with an iPod and ask your self how many of them represent the Cultural Creatives featured in Apple's advertising.

One, may be two?

Address your core audience… and the rest will follow. That's how you sell 10 million iPods in one quarter.

In the hands of an artful company like Apple, design is the vehicle for driving meaningful, relevant experiences that are authentic to the brand. It's not about paring product lines or making cool stuff. Done right, design can add value to the bottom line and the brand. However, design done right goes beyond the appearance and behavior of the object itself. It takes the entire product ecosystem into consideration. Design done right sees technology as an enabler, not just the solution.

Apple creates holistic experiences that inspire customers, strategic partners like accessory manufacturers, and content providers to build up the platform. Apple understands: “It's not about market share. It's about mind share.”

There are two ways to reach this group of prospective Microvision customers... the first is by more frequent e-mails… and the second is more organized, like the formation of “PicoP Green Machine User’s Group”. With that as a means to reach out and touch, you could hold the interest and engage your core Cultural Creatives… in exchange for latest news or sneak-peak at the technology that could save the Planet Earth.

You know what I mean? You get the idea!

It doesn’t cost you anything and it can build your e-mail list very quickly. Think “Obama” every time you want to reach out and touch millions in a hurry.

The foresight to go live with your Blog “The Diaplayground” was an excellent idea in this internet driven world… and the timing could not be any better. Perfect stroke of genius!

However, there is total lack of response to visitor posts at your Blog site… and that is the second issue.

I expect customers, investors, vendors and competitors to dominate the ranks of visitors that lurk The Displayground.

As investors, we are a fickle bunch and our Blog posts tend to be skewed towards topics that effect our financial investment in Microvision. We tend to be long term investors but the current volatility can be devastating… and as such, we doubt our good judgment from time to time. Sometimes our questions may be direct, inquiring, frustrating, out-of-line, etc. Some of us, at times, can’t say what we mean or mean what we say. However, we mean no disrespect, malice or harm. Now, with your corporate governance legal frame work in place, your team may or may not respond to [or even publish] our comments from time to time. We would understand your position in such a situation. However, there are ways to answer a comment, without violating legal rules and regulations, and still maintain the flow of dialog with the Blog participant.

I guess it all goes back to: “the beginning of openness and sharing of the truth with integrity and trust.”

Openness and sharing truth with integrity are important to investors… both large and small.

Anant Goel

PS: "Strive for simplicity, innovation, human-centered interaction, visual interest, and efficiency." This is the calling card for all businesses for the future.