Milestone Systems Top Worldwide Provider Of Open Platform IP Video Management Software -- Security Today

Milestone Systems Top Worldwide Provider Of Open Platform IP Video Management Software

Sep 08, 2009

Milestone Systems once again stands out as the No. 1 provider of open platform IP video management software, according to the latest IMS Research report: The World Market for CCTV and Video Surveillance Equipment 2009 Edition.

The report found that Milestone Systems has retained its top position of the last half decade in similar categories and gained additional market share in the video surveillance industry -- particularly noteworthy in light of the constrained financial climate of the past year. Milestone holds a strong leadership position for open platform Video Management Software (VMS) with 10 percent market share. In the category of software-only VMS vendors, Milestone increased its market share from 19.5 percent to 25.8 percent.

“Milestone Systems continued to grow extremely fast and strong in 2008 with an increase in revenue of 42 percent compared to 2007. Relating this to the general market growth of 29 percent during that period indicates how Milestone has significantly surpassed the competition again,” said Lars Thinggaard, President and CEO at Milestone Systems.

The recession has affected some markets more than others, which is always a challenge for international companies. Milestone software is sold through authorized partners in 107 countries and has its own offices in 11 of these. The expanding Milestone eco-system includes well-developed partner programs with training and certifications, solution partner integrations, and alliance manufacturer support.

“The patterns of growth in the surveillance market are very different from previous years due to the tough financial conditions. For a global company like Milestone, fluctuating conversion rates are closely watched, and we strictly control our cash flow while making focused investments that position us to continue to do well in the future,” Thinggaard said. “The external investment from Index Ventures in July of 2008 further strengthened the foundation that helps maintain momentum in our strategic growth plans."

"Despite current economic woes, Milestone has continued to grow healthily and increase its market share. As the global leading open video management software vendor by market share, Milestone is well positioned to build on its success through 2009 and into 2010 as market conditions improve," said Alastair Hayfield, senior market research analyst at IMS Research.

The IMS report shows that a very large percentage of market revenues in 2008 were accounted for by open platform solutions, indicating the underlying trend toward open platforms. They estimate that by 2013 these will account for the majority of market revenues, due to the fact that ‘open platform solutions offer far superior functionality and scope for integration than proprietary systems do.’

The Milestone Systems open platform provides a well-documented Software Development Kit which has garnered Systems Integrators and Milestone Solution Partners internationally: more tha 150 integrated solutions with Milestone XProtect™ IP video software exist today, providing seamless interoperability with access control, Point-of-Sales, analytics, biometrics, lighting or gate controls, alarms, fire alerts, baggage claims, production systems, and more.

IMS Research reports are based on comprehensive interviews with more than 100 international companies in the security industry, as well as data and statistics derived from relevant news sources, annual reports and the Internet.

Featured

Browser-Based AI Agents: The Silent Security Threat Unfolding

Some of the most revolutionary advances in artificial intelligence include browser-based AI agents, which are self-sustaining software tools integrated into web browsers that act on behalf of individuals. Read Now
- Cybersecurity
Report: Cybercriminals Abandon Tech Tricks for Personalized Email Deception Tactics

VIPRE Security Group, a cybersecurity, privacy, and data protection company, has released its email threat landscape report for Q2 2025. Through an examination of worldwide real-world data, this report sounds the alarm on the most significant email security trends observed in the second quarter of 2025, enabling organizations to develop effective email security defenses for the remainder of the year. Read Now
- Cybersecurity
AI-Generated Code Poses Major Security Risks in Nearly Half of All Development Tasks

Veracode, a provider of application risk management, recently unveiled its 2025 GenAI Code Security Report, revealing critical security flaws in AI-generated code. The study analyzed 80 curated coding tasks across more than 100 large language models (LLMs), revealing that while AI produces functional code, it introduces security vulnerabilities in 45 percent of cases. Read Now
- Artificial Intelligence
- Cybersecurity
Unlocking the Possibilities

Security needs continue to evolve and end users are under pressure to address emerging risks and safety concerns. For many, that focus starts with upgrading perimeter openings and layering technologies—beginning at the door. Read Now
- Access Control
- Dealers and Integrators
Freedom of Choice

In today's security landscape, we are witnessing a fundamental transformation in how organizations manage digital evidence. Law enforcement agencies, campus security teams, and large facility operators face increasingly complex challenges with expanding video data, tightening budget constraints and inflexible systems that limit innovation. Read Now
- Video Surveillance

Security Today eNews

Sign up today for essential industry news and product information that can help you stay afloat in the fast-paced world of security.

Email Address*Country*

Please type the letters/numbers you see above.

Webinars

Whitepapers

New Products

Camden CV-7600 High Security Card Readers

Camden Door Controls has relaunched its CV-7600 card readers in response to growing market demand for a more secure alternative to standard proximity credentials that can be easily cloned. CV-7600 readers support MIFARE DESFire EV1 & EV2 encryption technology credentials, making them virtually clone-proof and highly secure.
ResponderLink

Shooter Detection Systems (SDS), an Alarm.com company and a global leader in gunshot detection solutions, has introduced ResponderLink, a groundbreaking new 911 notification service for gunshot events. ResponderLink completes the circle from detection to 911 notification to first responder awareness, giving law enforcement enhanced situational intelligence they urgently need to save lives. Integrating SDS’s proven gunshot detection system with Noonlight’s SendPolice platform, ResponderLink is the first solution to automatically deliver real-time gunshot detection data to 911 call centers and first responders. When shots are detected, the 911 dispatching center, also known as the Public Safety Answering Point or PSAP, is contacted based on the gunfire location, enabling faster initiation of life-saving emergency protocols.
EasyGate SPT SPD

Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles.