Integrated Systems

VMS vendor report

by Mark Rowe

Milestone Systems, the Danish IP video management software (VMS) company, reports that it’s again ranked as the number one VMS vendor by company revenue in newly-published market research from the US-based business market analysts IHS Inc.

Lars Thinggaard, President & CEO, Milestone Systems, said: “We are proud that Milestone Systems continues to hold this top global position in the security market – for more than a decade now. It takes a lot of hard work, both from our own employees and from the thousands of great partners we support around the world.”

The market researchers report that product demand will continue to grow quickly, and the world market for video surveillance equipment will be worth USD 15.7 billion in 2015. Price erosion is impacting the growth rates, but customer demand is increasing significantly. Jon Cropley, Principal Analyst for Video Surveillance at IHS, said: “We are not seeing the same level of price erosion for VMS as in the camera market segment.”

Milestone say this underscores the fact that security management software functions as the core of a surveillance system, like the ‘brain’ of the solution – especially if it is open platform architecture that interconnects and manages components from many providers.

Mobile applications are ramping up in usage rapidly with valuable benefits for first responders and roving security, managers or other staff. Smartphones and mobiles have been the defining technologies for the beginning of the 21st century. These days about half of the adult population worldwide owns a smartphone, and by 2020 the number is expected to increase to 80 percent.

Kenneth H. Petersen, Chief Sales & Marketing Officer, Milestone added: “The widespread adoption of smartphones means that most of us are carrying super computers in our pockets, and VMS user preferences are fast following suit rapidly. With the Milestone Mobile client we offer Video Push that enables a smartphone or tablet to act as a mobile security camera, essentially adding another set of virtual eyes where no other camera is in place. This is extremely popular in all segments of our customer base, both in the low-complexity and lower camera count installations as well as in the advanced, high camera count solutions.”

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