Google is throwing its weight into the wearable-technology space, potentially opening up opportunities for developers.

At the South by Southwest conference in Austin on Sunday, Google senior vice president Sundar Pichai announced that in two weeks the tech company will release an Android-based software development kit for wearable device makers. The company also announced plans to release its own smartwatch--manufactured by LG Electronics--in June, The Wall Street Journal reported.

The software kit will offer developers outside the Google ecosystem a "playbook" of sorts to follow in making wearable devices.

In his announcement, Pichai said that Google hopes to get feedback from developers on the software kit before unveiling its smartwatch later in the year. The move could also be a way for the tech giant to identify and attract new developer talent, the Journal reported.