Milestone Looks To Lateral Markets, AI
Milestone looks to lateral markets, AI – Milestone Systems is looking to lateral markets, supported with video surveillance bundles, and predictive AI to double annual growth over the next 5 years.
At the 2022 Milestone Partner Summit (MIPS) in Dubai, Milestone CEO, Thomas Jensen, revealed details of how the provider of XProtect, an open-platform video management software, aims to empower people, businesses and societies with data-driven video technology software that serves end users both in and beyond the traditional video security industry.
“We are preparing to revolutionize our industry by using data-driven video technology both in and beyond security,” said Jensen. “We see a future in which data-driven video technology is a game-changer that will help to make the world a better place for us all.”
Jensen outlined how XProtect VMS, which he said can be integrated with the widest choice of devices and other security solutions, currently enables people to understand the world they see by viewing recorded or real-time video data.
Through the responsible use of data-driven video technology, XProtect will soon be able to predict events before they happen, which will further enhance Milestone’s offering in and beyond security.
As Milestone continues to invest in strengthening its core platform and XProtect software, the company said it aims to serve as a blueprint for how other leading technology firms can engage in responsible business practices that benefit societies at large.
“The technology industry has been a bit like the wild west,” said Jensen. “During the last 20 years, technology companies became immensely powerful, maybe too powerful,” said Jensen. “The result was techlash – a backlash against technology companies with societies demanding that their power be regulated.
“Techlash was a warning – the ‘wild west’ is over. The consequence for us is that current and future generations have very different expectations of technology companies than just 5 years ago. That’s the next industry challenge – we call it responsible technology.
“Looking ahead, we want people to feel safe knowing that they can trust our technology. Together with our partners, we will lead the way to strengthen our commitment to responsible technology by introducing further initiatives and putting greater focus on how we develop technology and how our customers use our technology,” Jensen said.
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