Milestone Announces Partner Achievements
- By Ralph C. Jensen
- Feb 23, 2012
It’s always a pleasure to attend the Milestone Integration Platform Symposium, and is an eye-opening experience to see what’s happening in the networked world.
Lars Thinggaard, president and CEO of Milestone, always kicks off the event with some astounding numbers surrounding the industry. This year in Fort Lauderdale, Fla., was no different. He said there are five megatrends that are affecting the marketplace, including the economy, China, politics, climate and technology.
The economy has had its way with the world markets for some time but that hasn’t stopped Milestone from reaching incredible sales figures. Thingaard said the Chinese market is poised to become the No. 1 market in the world in the next decade, and there will be significant changes to the security industry. He also said the role of technology over the next few years will be the employment of video analytics and the HD camera.
“The majority of our sales are in the United States,” Thinggaard said. “This shows our success in the market, and we expect it to grow at a rate of 75 percent.”
I enjoy listening to Thinggaard. He is well connected and plugged into the market strategy. He said the company has plans to stay with their business interest in the education market, transportation and city surveillance, and will invest about $11 million in research and development, even in critical times.
Milestone officials also announced a roadmap for new versions of its XProtect VMS, including XProtect Corporate 5 for large, multi-site deployments, using the powerful 64-bit recording servers that handle more cameras per server through increased memory capacity.
Company partners also enjoyed a night out on the town; several of which were awarded for their contributions with the product.
Arecont Vision was named camera manufacturer of the year; Rimage, solutions partner of the year; Hewlett Packard, technology partner of the year; Anixter, distributor of the year; Johnson Controls Inc., national partner of the year; SecureNet, regional partner of the year; Open Options Inc., development partner of the year; and ADT San Diego as end user installation of the year.
Ralph C. Jensen is the Publisher of Security Today magazine.