Milestone Merges With Arcules Strengthening VSaaS Posture.
Milestone Merges With Arcules – VMS developer Milestone Systems has merged with cloud-based video surveillance solutions provider, Arcules.
The merger brings together Milestone’s VMS solutions with Arcules’ capabilities within video management software, including video analytics and video surveillance as a service (VSaaS).
According to Milestone, the VSaaS market is predicted to experience exponential growth within the following years and at the same time AI is creating new possibilities that were not possible just a year ago. By adding Arcules to Milestone’s product line, the company said it is “optimally positioned to lead the video technology software industry”.
Milestone said the merger positions the company better for the rapidly changing AI landscape from on premise to cloud and pointed out Milestone and Arcules are advanced in working with video analytics to deliver intelligent, data-driven video technology that empowers customers to optimise their operations.
“Milestone and Arcules have a strong existing partnership and a common DNA,” said Thomas Jensen, CEO of Milestone Systems. “By uniting and working as one, we can provide a world-class offering that suits many different needs and gives customers greater freedom of choice.”
The merger is scheduled to be finalised by the end of 2024 – you can learn more about Arcules here, discover Milestone here or read more SEN news here.
“Milestone Merges With Arcules Strengthening VSaaS Posture.”
