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

  • Security Industry Association Announces the 2026 Security Megatrends

    The Security Industry Association (SIA) has identified and forecasted the 2026 Security Megatrends, which form the basis of SIA’s signature annual Security Megatrends report defining the top 10 factors influencing both near- and long-term change in the global security industry. Read Now

  • The Future of Access Control: Cloud-Based Solutions for Safer Workplaces

    Access controls have revolutionized the way we protect our people, assets and operations. Gone are the days of cumbersome keychains and the security liabilities they introduced, but it’s a mistake to think that their evolution has reached its peak. Read Now

  • A Look at AI

    Large language models (LLMs) have taken the world by storm. Within months of OpenAI launching its AI chatbot, ChatGPT, it amassed more than 100 million users, making it the fastest-growing consumer application in history. Read Now

  • First, Do No Harm: Responsibly Applying Artificial Intelligence

    It was 2022 when early LLMs (Large Language Models) brought the term “AI” into mainstream public consciousness and since then, we’ve seen security corporations and integrators attempt to develop their solutions and sales pitches around the biggest tech boom of the 21st century. However, not all “artificial intelligence” is equally suitable for security applications, and it’s essential for end users to remain vigilant in understanding how their solutions are utilizing AI. Read Now

  • Improve Incident Response With Intelligent Cloud Video Surveillance

    Video surveillance is a vital part of business security, helping institutions protect against everyday threats for increased employee, customer, and student safety. However, many outdated surveillance solutions lack the ability to offer immediate insights into critical incidents. This slows down investigations and limits how effectively teams can respond to situations, creating greater risks for the organization. Read Now

Most   Popular

New Products

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • 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.

  • 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.