Open platform video management software provider continues to lead globally with strong partner ecosystem
Milestone Systems has again been ranked the number one global video management software provider in terms of revenue according to the latest analysis from IHS Inc. (NYSE: IHS). Research from the IHS Technology Video Surveillance Intelligence Service has found Milestone to be the worldwide market share leader of open platform video management software (VMS) for more than a decade. Milestone Systems revenues have grown close to 30 percent on average per year since 2007.
“Milestone Systems retained the number one global market share position in the VMS category in 2013, recording 32 percent year-over-year USD* revenue growth,” says Jon Cropley, principal analyst for video surveillance at IHS Technology.
This indicates the growing importance of software as the value-adding core of a solution – particularly when it is open platform architecture allowing unlimited integrations with other systems and devices. Milestone has documented the accelerating use of network video surveillance for more than just security: interoperability with other business systems brings the technology to support operational improvements in areas such as production, logistics, warehousing, marketing and customer service, education and patient healthcare.
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