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

  • 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

  • New Report Says Vulnerability Exploitation Boom Threatens Cybersecurity

    Verizon Business recently released the findings of its 17th-annual Data Breach Investigations Report (DBIR), which analyzed a record-high 30,458 security incidents and 10,626 confirmed breaches in 2023—a two-fold increase over 2022. 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

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

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction. 3

  • ResponderLink

    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. 3