Milestone Systems is Global Number One for Seventh Year in a Row

  • Sep 29, 2011

Independent market research firm IMS Research has reported for the seventh year in a row that Milestone Systems is the global leader for open platform IP video management software. Milestone has expanded its global presence this year by opening offices in Brazil, Bulgaria and India, as part of the company’s strategic plans for continued success in the high-growth market for IP video surveillance.

IMS Research has revealed in its latest report: The World Market for CCTV and Video Surveillance Equipment - 2011 Edition, that Milestone Systems maintained its top position of the last seven years. The software development company holds the leadership standing for the world market category of ‘Open Platform Network Video Management Software’.

"Through ambitious management strategy and focused organizational operations, we are performing with profitability and a strong cash position. We consistently evolve our tiered and reliable solutions, while we scale geographically with our business model that builds channel expertise and differentiation through training certifications. We are therefore well positioned for continued growth, and have expanded again in 2011 by opening offices in three new world regions in support of our international scope and response to market demands," said Lars Thinggaard, president & CEO at Milestone Systems.

Full portfolio of products to address market needs

IMS reports that the video surveillance industry is marked by continuing competition in offerings targeted to the low- to mid-range market. Milestone is addressing this with newly released versions of XProtect Professional and XProtect Essential, and a brand new product called XProtect Express. For each market segment, high value advanced surveillance capabilities are offered for efficient operations and long term return on investment. Milestone’s open platform design offers upgrades to a full range of solutions and integrations with other security or business systems, where XProtect Corporate is the company’s highest-end software for large, multi-site installations and unlimited users, with features for making complex sites easier to manage.

"The network video surveillance market grew almost three times as fast as the total market in 2010 – over 30 percent. Milestone grew 56 percent in revenue and maintained its market standing. Two key factors impacting the decline of the analog video surveillance market are the large/enterprise tier of the market transitioning to network video solutions and increasing price competition/commoditization in the mid to low end," said Gary Wong, senior analyst at IMS Research.

Milestone Systems software provides an open platform with a well-documented Milestone Integration Platform Software Development Kit. This continues to attract new Milestone Solution Partners from all over the world: about 300 companies have integrated the Milestone XProtect IP video platform with such systems as access control, point-of-sales, analytics, biometrics, HVAC, building automation, ERP, RFID, production and logistics.

Investing in new regions for continued growth

In 2011 Milestone Systems established a company in Bulgaria that is developing new functionality for the open platform IP video management software. Milestone also has set up offices in Brazil and India to support long-term goals for organizational expansion. Over recent years, the company has seen positive growth in these areas. The Brazilian office has Account Manager Jose Marcos Medieros Junior in place, while Sandesh Kaup is the regional sales manager in India. Milestone Systems now has offices in 15 countries.

Milestone Systems fosters an international growth culture

In the first six months of 2011, Milestone Systems hired more than 65 new employees, a 20 percent increase in the total staff. To ensure that the new personnel quickly adopt the Milestone entrepreneurial culture based on a clear mission and vision, Milestone has undertaken an investment in internal education of all its managers around the world. The Milestone Leadership Academy has brought together colleagues in a series of teams to be trained in the latest leadership practices, to understand company goals and the way to achieve them, based on the foundation of Milestone company values.

Featured

  • Smarter Access Starts with Flexibility

    Today’s workplaces are undergoing a rapid evolution, driven by hybrid work models, emerging smart technologies, and flexible work schedules. To keep pace with growing workplace demands, buildings are becoming more dynamic – capable of adapting to how people move, work, and interact in real-time. Read Now

  • Trends Keeping an Eye on Business Decisions

    Today, AI continues to transform the way data is used to make important business decisions. AI and the cloud together are redefining how video surveillance systems are being used to simulate human intelligence by combining data analysis, prediction, and process automation with minimal human intervention. Many organizations are upgrading their surveillance systems to reap the benefits of technologies like AI and cloud applications. Read Now

  • The Future is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reason. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. But as the number of cameras grows and resolutions push from HD to 4K and beyond, the cloud’s limits are becoming unavoidable. Bandwidth bottlenecks. Latency lags. Rising storage costs. These are not abstract concerns. Read Now

  • Right-Wing Activist Charlie Kirk Dies After Utah Valley University Shooting

    Charlie Kirk, a popular conservative activist and founder of Turning Point USA, died Wednesday after being shot during an on-campus event at Utah Valley University in Orem, Utah Read Now

  • The Impact of Convergence Between IT and Physical Security

    For years, the worlds of physical security and information technology (IT) remained separate. While they shared common goals and interests, they often worked in silos. Read Now

Most   Popular

New Products

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • 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

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.