Milestone Systems highlights Artificial Intelligence as next market disruption

Milestone Systems, the open platform company in networked video management software (VMS), predicts that Artificial Intelligence (AI) will be the next market disruption for video technology.

Artificial Intelligence will disrupt our industry
with every device being a sensor, and technologies connecting them in new ways, the amount of data keeps growing. This requires more efficient ways to translate data into intelligence for taking faster decisions both for making the world a safer place, and for moving beyond security into many improvements for video business systems.

Milestone Systems recently concluded its MIPS 2018, where Milestone Systems’ top management presented products and platform initiatives for 2018, including the technology game-changers they see impacting the industry. The importance of co-creation with the partner community was highlighted as a key enabler for success.

A number of other prominent speakers in Hanoi, Barcelona and Las Vegas shared their views on intelligent video systems that can support people and organizations in making sense of the rapidly increasing influx of data. Presenters included, among others: Louis Richardson, Chief Storyteller, IBM Watson; Dr Shiliang Pu, Director & Chief Expert, HikVision; Monica Wang, Senior Analyst Video Surveillance, IHS Markit; Ben Hammersley, Futurist and Global Digital Leader, Hammersley Futures.

On stage at MIPS Americas, Tanmay Bakshi, Algorithmist, Author, Watson & Cognitive Developer at IBM, spoke about how AI equals IA (Artificial Intelligence = Intelligence Augmented), where the technology actually helps humans become more intelligent by supplementing human analysis, planning and decision-making. “AI will amplify human beings to new heights,” said Bakshi.

Enrichment of partner community
The Milestone Systems community events in Hanoi, Barcelona and Las Vegas brought together 1,500 integrator and technology partners to discuss combining human and Artificial Intelligence to create an intelligent world.

“It’s been an honor to host MIPS 2018 for our entire community of partners in the APAC, EMEA and Americas regions. With 1,500 attendees, we created a forum to discuss innovative technologies and how we take the next steps toward creating an intelligent world together,” said Kenneth Hune Petersen, Chief Sales & Marketing Officer, Milestone Systems.

To Milestone Systems the community of partners is the all-important foundation of the business model. To recognize this officially, Milestone Systems celebrated the annual top performances in sales, marketing, technology, collaboration and innovation for these categories: camera partner, solution partner, technology partner, distribution partner, channel partner and installation of the year.

MIPS 2018

Since its American debut in 2006, Milestone’s Community Event MIPS has become the benchmark for collaboration and innovation in the IP Video Surveillance industry. Now in its 13th year, 2018’s four-day event on three continents will focus on how we can create an intelligent world by harnessing the power of our open platform community – together.