This is the year of the smartwatch. This is the year when all of our wrist-mounted computer dreams are going to come true. Or at least that’s what’s expected based on the hype surrounding wearables. But for Samsung, it’s actually year two of the smartwatch, a second round to right the wrongs committed by its first effort, last year’s Galaxy Gear.

This is the game Samsung plays: it leverages its massive size and deep infrastructure to crank out products quicker than anyone else. It was the first major smartphone maker to jump headfirst into the modern era of smartwatches when the Galaxy Gear was revealed in September 2013. A scant four months later, Samsung took the curtain off of its successor, the Gear 2, before any of its big-name competitors could really mount a response to the first effort.

Now, we’re just a few weeks away from Google’s annual developer conference, where the highly anticipated Android Wear platform is expected to make its formal debut. Samsung has already been named a partner for Android Wear, despite offering a smartwatch system of its own for months. The $299 Gear 2 has been available for purchase for just over two months now, yet it’s all but assured that the Android Wear devices will steal its thunder.

Where does that put the Gear 2? It’s a marked improvement over last year’s Galaxy Gear, with a better design and useful new features, but it doesn’t radically change the premise of the Gear or make it that much more attractive as a smartwatch.

Samsung’s big advantage last year was being first, but it wasn’t able to make the best of it and the Galaxy Gear suffered as a result. This year, its big advantage is experience. But learning from the past and preparing for the future are two entirely different things, and Samsung needs to prove it can really do the latter if it wants the Gear 2 to survive once Android Wear arrives.