Last year you might have seen the Hyperlapse video that came from Johannes Kopf and team in Microsoft Research. This week it was released as a set of new products that will let you create your own stabilized timelapse videos.
You can download it now from the Microsoft Hyperlapse site. I've been using it this week trying different videos. Last night I tried an orbit of Apollo 11 and a camera from a Space Shuttle Booster. There are so many applications I want to try from lengthy drone or sports footage to putting a GoPro on my dog.
A Pro version is now available for free public preview, there is an Android mobile version, and for developers there is a third product for Azure Media Services that will let you build Hyperlapse into websites and apps.
If you're new to Hyperlapse, there's quite a bit more going on than just speeding up or even stabilizing the video. Part of the process adapts the mesh of the image to help create a smooth natural picture. Other flaws, like looking down for a moment, may be discarded to keep the continuity of movement.
Above you can see a video of me riding a HPC HT bicycle through the woods near my house.