Milestone Systems Retains Top Spot Globally As Provider Of Open-Platform IP VMS Software

  • Sep 21, 2010

Milestone Systems is listed again as the number one provider of open platform IP video management software by IMS Research in its latest report: The World Market for CCTV and Video Surveillance Equipment -- 2010 Edition.

This report from IMS Research found that Milestone Systems increased its market share and maintained its top position of the last six years. Milestone holds the leadership standing for the world market category of ‘Open Platform Network Video Management Software’.

“Milestone Systems continued to perform as the leader in the open platform network video management software category on a global scale,” said Lars Thinggaard, president  andCEO at Milestone Systems. “Milestone maintained a strong cash position and we are very well positioned for continued growth. We have already expanded again in 2010 with the addition of new talent, both in leadership and staff head counts, in support of our international scope.”

The IMS report reflects patterns of growth in the surveillance industry that are marked by increasing competition from new entries in low-end software offerings in regional areas – more vendors are included in the video software category than in previous years.

Milestone is already addressing this trend with its recently released XProtect™ Essential product that combines high value advanced surveillance capabilities for up to five concurrent users and 26 cameras, at an aggressively competitive price level. This can be upgraded to a full range of offerings, where XProtect Corporate is the company’s high-end software for large, multi-site installations and unlimited number of users, with features for making complex sites easier to manage.

"Despite the challenging economic environment, Milestone continued to grow in 2009; further strengthening its market standing. As the global leading vendor by market share for open platform video management software, Milestone is well positioned to build on its success as market conditions continue to improve," said Gary Wong, Research Analyst at IMS Research. “The global analog video surveillance market contracted by more than 5 percent in 2009, while the network video surveillance market grew by more than 18 percent. The increasing adoption of open standards is expected to further accelerate the migration towards network video surveillance.”

IMS Research has also released its report ‘The European Market for Security Systems Integration -- 2010 Edition’, which expands on the above analysis. The report finds that integrated systems will account for over 70 percent of the total security systems installation and maintenance market in Europe by 2013.

 

Featured

  • Maximizing Your Security Budget This Year

    7 Ways You Can Secure a High-Traffic Commercial Security Gate  

    Your commercial security gate is one of your most powerful tools to keep thieves off your property. Without a security gate, your commercial perimeter security plan is all for nothing. Read Now

  • Surveillance Cameras Provide Peace of Mind for New Florida Homeowners

    Managing a large estate is never easy. Tack on 2 acres of property and keeping track of the comings and goings of family and visitors becomes nearly impossible. Needless to say, the new owner of a $10 million spec home in Florida was eager for a simple way to monitor and manage his 15,000-square-foot residence, 2,800-square-foot clubhouse and expansive outdoor areas. Read Now

  • Survey: 72% of CISOs Are Concerned Generative AI Solutions Could Result In Security Breach

    Metomic recently released its “2024 CISO Survey: Insights from the Security Leaders Keeping Critical Business Data Safe.” Metomic surveyed more than 400 Chief Information Security Officers (CISOs) from the U.S. and UK to gain deeper insights on the state of data security. The report includes survey findings on various cybersecurity issues, including security leaders’ top priorities and challenges, SaaS app usage across their organization, and biggest concerns with implementing generative AI solutions. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

Most   Popular

Featured Cybersecurity

Webinars

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities 3

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3

  • 4K Video Decoder

    3xLOGIC’s VH-DECODER-4K is perfect for use in organizations of all sizes in diverse vertical sectors such as retail, leisure and hospitality, education and commercial premises. 3