Tag: Arcules
Annual report sees Milestone reach DKK 2 billion net income
March 27, 2025SSN Staff
COPENHAGEN, Denmark —2024 proved to be a successful year for Milestone, breaking new ground through the strategic acquisitions of BriefCam analytics and Arcules cloud, and development of new product offerings and partnerships.
“Milestone has delivered exceptional results in 2024, marked by significant growth in both revenue and earnings,” says Lars Larsen, chief financial officer in Milestone.
Net revenue rose to DKK 2 billion from DKK 1.7 billion in 2023, reflecting a robust...
Arcules CEO Andreas Pettersson steps down
November 1, 2024SSN Staff
COPENHAGEN, Denmark — Milestone Systems has announced that Arcules CEO Andreas Pettersson will be stepping down from his position.
Arcules, which spun out from Milestone Systems in 2017, reintegrated with the company on July 1, 2024 citing a need to be optimally positioned for the growth expected in the VSaaS market.
“The merger offers unparalleled ability to exploit the rapidly changing Al landscape from on-prem to cloud and both Milestone and Arcules are advanced in working...
Exploring the merger, part 2: Eyeing ‘powerful’ position in VSaaS market
July 10, 2024Ken Showers, Managing Editor
COPENHAGEN, Denmark — With Arcules’s cloud-based solutions and Milestone’s extensive global reach and channel partner network, the merged company is well-positioned to lead the video technology software industry and capture a significant share of the growing VSaaS market, says Milestone CEO Thomas Jensen.
“The two companies have had a common goal of providing reliable, data-based video technology,” he said. “(VSaaS) technology helps customers improve their...
Exploring the merger: Milestone’s Jensen discusses reuniting with Arcules
July 3, 2024Ken Showers, Managing Editor
COPENHAGEN, Denmark — After a seven-year sojourn, Arcules is reunited with Milestone Systems in a move that will marry the two company’s video monitoring services to provide a more complete offering for its customers.
Over the next several months, it will be business as usual for the two groups as they navigate reintegration, helmed by Milestone CEO Thomas Jensen, who is acting CEO for both companies. Jensen will be working closely with Arcules’ Andreas Pettersson...
Milestone Systems and Arcules to reunite in merger
June 27, 2024SSN Staff
COPENHAGEN, Denmark, and IRVINE, Calif. — Global video technology company Milestone Systems has announced that it will merge with cloud-based video surveillance solutions provider Arcules, effective July 1, 2024.
Based in Irvine, California, Arcules was spun out from Milestone in 2017. Now, following that split from each other, the companies say that the merger brings together Milestone and Arcules' capabilities within video management software (VMS), video analytics and video surveillance...
Emerging Leaders Under 40: Alexandria Czoschke, learning and development manager, Arcules
June 17, 2024Cory Harris, Editor
YARMOUTH, Maine—Alexandria Czoschke, 33, is the learning and development manager for Arcules, based out of Chicago. Find out what her roles and responsibilities are, what being an Emerging Leader Under 40 means to her, what attracts her to the security industry as a young leader, and more.
SSN: In 100 words or less, summarize your current role, outlining responsibilities and length of service.
CZOSCHKE: As the inaugural learning & development manager at Arcules,...
Security Systems News welcomes 'Emerging Leaders Under 40' Class of 2024
December 19, 2023Cory Harris, Editor
YARMOUTH, Maine—Security Systems News (SSN) is excited to announce our inaugural 'Emerging Leaders Under 40” Class of 2024, highlighting those security professionals who have already made an indelible mark on the companies they work for.
Previously known as the “40 under 40” awards, this rebranded annual awards program features leaders who have proven themselves to be self-motivated, team-oriented creative thinkers who have shown leadership competencies by engaging...
Women in Security Feature: Nisha Advani – ‘I’ve strived to open doors”
August 21, 2023Cory Harris, Editor
YARMOUTH, Maine—Nisha Advani is a seasoned professional with a diverse background in the security and technology industries.
With a foundation in software engineering, she transitioned her career path to explore her passion for marketing and sales. Challenging herself out of her comfort zone professionally and personally, she moved from India to the United States to obtain an MBA, equipping her with a well-rounded skill set that combines technical prowess with strategic business acumen.
During...
Arcules and Genea integrating cloud-based security solutions
May 24, 2023SSN Staff
IRVINE, Calif. – Arcules, a provider of intelligent cloud-based video surveillance-as-a-service solutions has announced the integration of its video platform with Genea, a cloud-based access control provider.
Arcules said that the combined solution would offer businesses a way to manage access to facilities, validate activities with video data, and swiftly react to protect company assets and employees. The solution incorporates video feeds for real-time monitoring, camera mapping...
Milestone Systems annual report shows record-high revenues
April 3, 2023SSN Staff
COPENHAGEN, Denmark – The annual report delivered by Milestone Systems has indicated double-digit growth in 2022, according to the video software firm.
Milestone reportedly reached an all-time high annual net revenue of 1.5 billion Danish kroner (DKK), a 30 percent increase over the previous year. The company also reported a pre-tax profit of 11 million DKK in 2022. The company said it aims to more than double its 2021 revenue by 2026 as part of an ambitious growth strategy.
“It...