Tag: Milestone Systems
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...
Companies sign EU AI Pact
September 27, 2024SSN Staff
BRUSSELS — The European Commission has announced that over one hundred companies have become the initial signatories of the EU artificial intelligence (AI) Pact.
Those first signatories include many multinational companies and European SMEs including a number connected with the security industry like Milestone Systems, Securitas, Verisure, and Cisco.
“We need rules to ensure AI is being developed to serve humanity,” said Thomas Jensen, CEO of Milestone Systems earlier...
Mission 500 adds Andre Greco of Xcelerate Sales to its board of directors
September 12, 2024SSN Staff
MIAMI—Mission 500, the security industry's nonprofit charity dedicated to supporting children in need across the U.S., Canada, and Puerto Rico, has announced the appointment of Andre Greco, cofounder and vice president of Xcelerate Sales, to its board of directors.
With over three decades of experience in the electronic security industry and a strong background in community service, Greco will play an instrumental role in advancing the organization’s mission.
“It is truly...
Milestone Systems releases XProtect 2024 R1
September 3, 2024SSN Staff
COPENHAGEN, Denmark—Milestone Systems, a provider of open platform video management software (VMS), has announced the release of XProtect 2024 R1.
The company noted that this latest update focuses on improving cybersecurity resilience, streamlining VMS operations, and offering new customization capabilities to meet evolving customer needs.
Fortifying cybersecurity, ensuring compliance
XProtect 2024 R1 introduces new capabilities aimed at enhancing cybersecurity and ensuring compliance.
The...
Milestone Systems showcasing latest video innovations at XPerience Days
August 23, 2024SSN Staff
PORTLAND, Ore. — Milestone Systems will be hosting the next “XPerience Days” in Los Angeles in order to highlight the latest trends and responsible innovations in video security.
The company is participating in this free, one-day event on September 5. Designed for IT leaders and security professionals, the event will feature presentations from Milestone's technology partners across key industries such as education, healthcare, smart cities, and hospitality. A keynote session...
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...
Milestone Systems funds research project at University of Aalborg
June 14, 2024SSN Staff
COPENHAGEN, Denmark — The University of Aalborg, Denmark, has been honored for advancements in Harbor Safety Technology through a collaborative project with Milestone Systems.
In a release from Milestone the company specified its video technology and synthetic datasets deployed in a Danish harbor were recently awarded the Danish Spar Nord Foundation Research Award for research into detecting fatal accidents in harbors using Artificial Intelligence (AI)-trained models for thermal cameras.
Milestone...
Milestone names Hardip Sohi-Bains as chief people & culture officer
June 6, 2024SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced the appointment of Hardip Sohi-Bains as its new chief people & culture officer. Sohi-Bains comes to Milestone after a strong human resources career at Rambøll and Novo Nordisk in Denmark.
Thomas Jensen, CEO of Milestone Systems, is looking forward to welcoming the new chief people & culture officer.
“Hardip Sohi-Bains comes with solid global experience in the people-first philosophy while managing organizational change,...
Milestone commits to 'responsibility by design’
May 1, 2024Cory Harris, Editor
LAS VEGAS—Rahul Yadav, chief technology officer (CTO) at Milestone Systems, sat down with Security Systems News (SSN) at ISC West to discuss what’s behind the company's record-breaking year, why it's committing to Responsible Technology and open platforms, and how a “true transformation” is taking place that will influence its future.
SSN: Milestone recently announced net revenues of DKK 1.69 billion (approximately $244.9 million) for the year. What...