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Milestone Systems

milestonesys.com

Founded Year

1998

Stage

Acquired | Acquired

Total Raised

$27M

About Milestone Systems

Milestone Systems enables its customers to optimize their business processes by delivering an open and independent IP video surveillance software platform. Milestone aims to drive the global convergence of video surveillance and IP-based business systems. Milestone serves industries including government, city surveillance, retail, transportation, finance, gaming, education, production, health care and hospitality.

Headquarters Location

Banemarksvej 50G

Brondby, DK-2605,

Denmark

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Expert Collections containing Milestone Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Milestone Systems is included in 1 Expert Collection, including Cybersecurity.

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Cybersecurity

4,937 items

Latest Milestone Systems News

Milestone to highlight video technology at Intersec 2023

Jan 17, 2023

0  0 Milestone Systems will be among the top exhibitors at Intersec this year and the company will highlight its latest innovations in leveraging data-driven video technology solutions, explaining how this benefits end-consumers in the security sector and beyond. As the regional security industry rapidly changes, Milestone Systems remains at the forefront of aiding businesses and society in creating a safer, more efficient environment using the latest technology. At Intersec 2023, Milestone systems and its partners will demonstrate research-backed smart solutions to meet the region’s evolving needs. As the industry continues to experience growth, Milestone Systems has also revealed two key trends that will shape the Data-Driven Video Technology space: Trend 1: Smart Workplaces & Cities With the latest announcements in UAE and Saudi Arabia about the plans to continue to invest heavily in smart city projects, such as Masdar City, Expo City Dubai and NEOM, it is clear that smart city technologies, such as artificial intelligence, machine learning and predictive analysis, will continue to rise in the new year. Technological innovations have extended the possibilities of what videos can do or how people and authoritative bodies, such as the government, can use them. “With the UAE aiming to become more technologically efficient, introducing data-driven concepts to the region with the developments of Smart Cities, Smart Workplaces, adopting Sustainability goals and more, data-driven video technology will become more prominent,” said Paul Park, Regional Director at Milestone Systems. To reduce pollution, congestion, and accidents, futuristic smart cities will leverage intelligent cameras for traffic management. Moreover, edge computing will promote various augmented and virtual reality (AR and VR) applications, allowing holographic teaching and AR shopping for end-users. These innovations can significantly enhance the sustainability and efficiency of metropolitan cities and how people function every day. Communities can use data-driven video technology to monitor various factors crucial to creating a thriving smart city or building. Data-driven video analytics for smart cities can help identify even the most basic information, such as monthly or yearly carbon emissions, with precise data that can help decision-makers identify which months produce the most carbon, why there is an increase or decrease in the emissions, how the emissions can be controlled or reduced, and what the city can do better. Within organisational workplaces, companies will use data-driven video technology and smart sensors to facilitate remote and in-person work and help employers better understand employee activities. When employees feel most engaged, what activities make employees feel more involved, which area of the office boosts productivity and so on. This information can help business decision-makers better understand what they need to do to improve their bottom line. Trend 2: Digitising the Healthcare sector Data-driven video technology will play an extremely significant role in transforming the healthcare sector. Data-driven video technology can identify precisely when a patient requires urgent attention. In terms of building better hospital environments and providing efficient patient care regimes, data-driven video technology can also alert the medical staff when a patient is in distress, providing immediate medical assistance. This technology will not only reshape the landscape of the healthcare industry but also potentially save thousands of lives. Although data-driven video technology has numerous advantages, the sector must legislate patients’ data and privacy precautions and stand by them when deploying video technology. Healthcare facilities will need to formulate stringent rules and regulations on how data-driven video technology can and cannot be used, adhering to the necessities and privacy concerns. Related posts:

Milestone Systems Frequently Asked Questions (FAQ)

  • When was Milestone Systems founded?

    Milestone Systems was founded in 1998.

  • Where is Milestone Systems's headquarters?

    Milestone Systems's headquarters is located at Banemarksvej 50G, Brondby.

  • What is Milestone Systems's latest funding round?

    Milestone Systems's latest funding round is Acquired.

  • How much did Milestone Systems raise?

    Milestone Systems raised a total of $27M.

  • Who are the investors of Milestone Systems?

    Investors of Milestone Systems include Canon and Index Ventures.

  • Who are Milestone Systems's competitors?

    Competitors of Milestone Systems include AvidBeam Technologies and 4 more.

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