Android Device Manager helps you find your lost Android phone and remotely wipe data
Others have tried and failed to offer the same services to Android users, such as HTC. Sony has launched its My Xperia tracking service that performs the same features as Sammy's new service does. The Korean OEM already offers a similar service for business users, and is beefing it up for consumers. And while the related app will help users find and wipe their device, it isn't necessary to install it on your handset to use Android Device Manager.
Sometime before August turns to September, Android Device Manager will launch giving Android users a level of protection that iOS and Windows Phone users already have.
source: Google via TheVerge