Tag: Jeppe Frandsen
Milestone grows net revenue to USD 340 million in 2025
March 26, 2026SSN Staff
COPENHAGEN, Denmark — Milestone Systems continued to grow in 2025, increasing net revenue by 10% to USD 340 million (DKK 2.2 billion), with nearly a third being reinvested in innovation and fueling new advances in video analytics, responsible AI and cloud technology.
2025 was a year with major milestones and innovations: Collaboration with tech giant NVIDIA on artificial intelligence and video, launch of Project Hafnia and the world’s first compliant data library for AI-training, and...
Milestone Systems appoints Andy Burnett as chief technology officer
February 5, 2026SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced the appointment of Andy Burnett as the company’s new chief technology officer (CTO), effective immediately.
Burnett has served as interim CTO since September, during which he has demonstrated strong leadership, clear strategic direction, and consistent execution across Milestone’s most critical technology initiatives.
Milestone CEO Jeppe Frandsen highlights Burnett’s decisive impact during the interim period:
“Andy...
Thomas Jensen steps down as Milestone Systems CEO
December 4, 2025SSN Staff
COPENHAGEN, Denmark—Milestone Systems has announced that chief executive officer (CEO) Thomas Jensen has stepped down from his position, effective immediately.
Chairman Lau Normann Jørgensen noted that Vice Chairman of the Board Jeppe Frandsen will serve as acting CEO until a permanent successor is named and will no longer be part of the board. Seymour Liebman, executive vice president of Canon, will join Milestone’s board as vice chairman.
Frandsen brings over 25...