Tag: Thomas Jensen
Milestone announces fourth straight year of record-high net revenues
April 4, 2024SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced record-high net revenues for a fourth straight year, as its newly released annual report detailed net revenues of 1.69 billion DKK (approx. $244.9 million) in 2023.
The video technology company celebrated 25 years in business in February 2023. During its anniversary year, Milestone made significant strides in delivering on its growth strategy, particularly in key industries such as healthcare and hospitality.
“As we reflect on...
Milestone Systems joins CVE Program
February 13, 2024SSN Staff
COPENHAGEN, Denmark – Video technology provider Milestone Systems has partnered with the Common Vulnerability and Exposures (CVE) Program as a CVE Numbering Authority (CNA).
The reported aim of the program is to find, describe, and catalog known cybersecurity issues. Milestone said that organizations worldwide, working with the program, find and share these vulnerabilities, afterwards publishing CVE Records with clear details about the issues to help IT and cybersecurity experts talk...
Milestone Systems to adopt G7 Code of Conduct for artificial intelligence
January 28, 2024SSN Staff
COPENHAGEN, Denmark—Milestone Systems, a provider of data-driven video management software, has announced it will adopt and implement the G7 Code of Conduct for advanced artificial intelligence (AI) systems, becoming one of the first companies to do so.
“We need rules to ensure AI is being developed to serve humanity,” said Thomas Jensen, CEO of Milestone Systems. “But companies should not wait for regulation. They must take their own steps to identify and resolve the weaknesses...
Milestone Systems at 25: Pioneering Video Technology and Setting Industry Trends
May 1, 2023Cory Harris, Editor
LAS VEGAS—As Milestone Systems celebrates its 25th anniversary, we take a moment to dive into the latest advancements in video technology, uncover the driving forces behind industry trends, and explore how Milestone Systems has remained a global leader in this rapidly evolving market.
With CEO Thomas Jensen at the helm, and CTO Rahul Yadav's technical expertise, join us as we discuss their journey, successes, and vision for the future of video surveillance technology.
SSN: Gentlemen,...
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...
Milestone Systems announces celebration of its 25-year anniversary
February 24, 2023SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced the celebration of its 25-year anniversary as a provider of open platform video management software for the security industry.
The Danish-based company was founded in 1998 by engineers John Blem and Henrik Friborg Jacobsen. The pair started the business from a basement and had approximately $11,500 in seed funding. Today, Milestone has annual revenues over $140 million and employs more than 1,200 people globally.
The first version of...
Milestone Systems names Rahul Yadav as new chief technology officer
December 23, 2022SSN Staff
BRONDBY, Denmark—Milestone Systems, a provider of open platform video management, announced it has named Rahul Yadav as its new chief technology officer.
As Milestone moves from being a global leader in providing video management software within security to a global leader in data-driven video technology both in and beyond security, Yadav will play an essential role as a member of the Executive Leadership team, according to the company.
Yadav comes with extensive experience in setting...
Milestone Systems names new chief revenue officer
January 14, 2022SSN Staff
COPENHAGEN, Denmark—Milestone Systems, a leading provider of open platform video management, announced that Ilijana Vavan joins the Executive Leadership Team as its new Chief Revenue Officer, effective Feb. 1, 2022.
Vavan’s primary responsibilities include direct oversight of Milestone’s global Go-To-Market organization, such as channel strategy, sales operation, partner sales, and digital sales, as well as leadership and mentoring of the global sales team. She will be based...
Milestone names Thomas Jensen as new CEO
August 18, 2020SSN Staff
COPENHAGEN—After an extensive search for the right candidate, the Milestone Systems’ Board of Directors announced Thomas Jensen has accepted the role as new company CEO.
“Milestone is a strong company with a strong leadership team,” Lau Normann Jørgensen, chairman, Milestone Group, said in the announcement. “Adding Thomas’ broad experience in strategy and execution puts us in a great position to achieve our goal of long-term sustainable growth...