Milestone Systems, the global leader for open platform IP video management software (VMS), continues to ensure ongoing expansions in its personnel. Milestone has a keen focus on supporting the success of its partner community, so the last several months have been busy with hiring new people to the company and rewarding well-deserved internal upward career moves. Some earlier ‘family members’ who had spread their wings to other areas of the industry have also returned to the Milestone home to ply their broadened expertise.
Milestone Systems will increase innovation capacity by 45% by 2019 year-end and deliver on its promise to develop unique innovations that will meet future market demands in six key long-term innovation areas. These innovation investments will take place in multiple locations between Copenhagen, Sofia and Barcelona. The objectives of this investment are to increase development capacity of disruptive innovations within deep driver integration, advanced rendering, IoT and metadata sources, online services, advanced data management and Milestone Systems’ platform software development kit
Milestone Systems, the global number one open platform provider of networked video management software, will again be exhibiting at IFSEC International 2018 in London. Milestone will spotlight the customer benefits of high performance video solutions, new system builder program and value propositions from the Milestone community. The theme from Milestone this year is the benefits of high performance in business video systems, enabling Milestone community customers to do more with less, driving down the total cost of solutions.
Milestone Systems has released XProtect 2018 R2. Milestone XProtect 2018 R2 video management software introduces server-side hardware acceleration with NVIDIA, enabling lower cost solutions, as less infrastructure hardware is needed to meet customer needs. With the second VMS update this year, Milestone is continuing to pursue ever higher performing software to fulfill the market’s rising demands for cost-effective video business solutions. XProtect 2018 R2 showcases hardware acceleration of the system recording and mobile server.
Milestone Systems’ VMS revenue growth of 21% over 2016, compared to 8% for the overall market, led to the No. 1 Global VMS Provider ranking in the 2018 IHS Markit Market Research Report. For the 10th year in a row, Milestone Systems is the No. 1 global VMS vendor by company revenue, according to market research from business intelligence provider IHS Markit (NASDAQ: INFO). In 2017 Milestone Systems had a global VMS market share of 10.2%, an increase from 9.1% in 2016.
Milestone Systems open platform IP video management software (VMS), is helping the lakeside community of Carrasco Lakes in Uruguay to benefit from better security control. Previous multiple standalone systems were not efficient enough. To improve safety and instill a tranquil environment for citizens of Lagos de Carrasco (Carrasco Lakes), this residential community in Uruguay invested in a new monitoring system based on video management software from Milestone Systems.
Milestone Systems once again delivers strong results as indicated by the 2017 financial report. A solid growth of 24% over 2016 was achieved. Strong growth rates enabled by best-of-breed and flexible solutions from Milestone Systems’ open platform community. Net revenue was DKK 881M (EUR 118M), an increase of 24% compared to 2016 and operating income before depreciation and amortization (EBITDA) resulted in DKK 246M (EUR 33M), corresponding to an increase of 103%. Net income reached DKK 117M (EUR 16M).
Milestone Systems was part of the security setup when Pope Francis visited the US/Mexico border town Ciudad Juarez, Mexico, in 2016. Large crowds of religious followers and the curious alike —estimated to be as many as 200,000— made the pilgrimage to the region for a once-in-a-lifetime chance for many to see the leader of the Catholic Church in person. XProtect video surveillance systems in the neighboring city of El Paso, Texas, were used to help manage the large crowds.
Milestone Systems will present one of the 85 education sessions scheduled for this year’s ISC West trade show in Las Vegas, Nevada. Mike Sherwood, Director of Technical Operations for Milestone Americas, will address cybersecurity risks in network video implementations, with co-presenter Moses Anderson, CTO for GC&E Systems Group. The session called Building an Intelligent, High-Performance and Secure Network for Video Management will focus on network design best practices and the policies that support these practices – with an eye toward ensuring solutions that are available, scalable and interoperable.
Milestone Systems is the chosen solution for protecting the Port of Antwerp, the second largest seaport area in Europe, covering more than 12,000 HA, the equivalent of 20,000 football fields. Milestone XProtect and partner community deliver the video solution for the Port of Antwerp to securing the area of this huge harbor. In addition to the infrastructure, the Port of Antwerp is taking advantage of of Milestone Care Premium.