Milesight Company Profile 2019

Published Jan 22, 2019 16:02 PM

Milesight Technology, a PRC company building an International branded business, says they are slowly building their presence through a series of distribution partnerships—not all of them with traditional security distribution outlets.

Further, Milesight claims the quality and performance of its offerings and new solutions are positioning the company for an uptick in adoption among those "who understand technology."

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In this note, based on our talks with Milesight President Michael Slack, we look at:

  • Company overview
  • Market Strategy
  • Sales Doubled Since 2016
  • Tariffs
  • Hikvision/Dahua Ban Affect
  • Growing Engineering Staff
  • New Products/Solutions
  • Pricing
  • Competitive Positioning
  • Potential Hurdles

********* ** * ********** ******* ******* video ************ ********* ************ ******** ** 2011 *** *** ******* ** *** US ** ****. ************ ********* ******* ***** *** ** launch. ** *** ****, ********* *** President ***** **** *** ******* *** looking ** ** ** ***-**-*** ******** of **** ******* *** *** ********** to ********* *** ** ****** ******* a ******* ** ************'* ****.

IPVM Image

** *** ********* ** ****, ********* is ***** ****** ** ********* *** market, *** ***** **** *** **** penetration ** **********:

***** *** * ****** ****** **** are ** *** ** **** * can't **** ***** ***** ***. * few ***** ** *** ****. ****** are ******** ** ****** *** ***** and *** ******* ** **** **.

Company ********

********* **** ** ***** * **** approach ** *** ********* **********. ****** than * ***** ***** ***** **** brick-and-mortar *******, ** ********* **** **** home *******:

* **** *** ** ** **** office. *** **’** *** * *** other ****** ******* *** ** ***** homes ** ****. **** *****’* *** Warehouse ** ********* *****, *******. **** gives ** * **** *** ***** cost *** **** ******** **** ** we ****.

********* **** **** ** ** ******** relationships **** ***-*********** ************ ********.

Market ********

***** **** ** *** *** **** to ******* * **** ** ***** distribution ******** ******* ***** ******* *** said, *******, **** **** ****** ** grow ******, ******** **** ************ ****** to ******** ** *** **** *** a ***** *** ***** *** *****:

*** ** *** ****** ****’* **** of *** ******** ** ** ***’* want ** ****-********** *** *******. ** we *** **** * *********** ** a ***** ****, ** ***** **** do *** *** ** **** **** the ****** ** ********** *** * while ** **** *** *** ***** dealers ** **** **** *** *******. We’re ******* *** ************ *** ******* who **** * ***** ** *******.

***** **** *** ***** ******* ****** their *** **** **** * *-**** warranty. ***** **** **** *-**** ********** and *** *** **** **** * 2-year ********.

* *** ***-*********** ******** ************ *** eTailers ******** ********* *******:

***** **** **** **** **** * few ****** ********* ** **** **** sell ******, *** **** ***** ** general ******** ***** ****** ** *** customer.

Sales ******* ***** ****

***** ****** ********* *** **** ******* since ****:

*** ****** ********** ***** *** **** time ** ****** ** **** *** that **'** ******* ***** **** *** last ****. **’** ******** ** *** same **** ****.

*******, ***** ****** **** ***** ********* is * *********-**** *******, **** ** not ******* **********, ** ** ** not ***** *** **** ** *** their **** **.

*******

***** **** ***** *** ** **** big ****** ** *******:

** ******* ** ***********, *** **’* a **** ** *** ****. * suspect **** **** *** ** ********** away *******. ** ****’* ******* *** growth ** ***.

Hikvision/Dahua *** ******

** * ******* ****, ** ***** for *********'* **** ** *** ** government*********** ********* *** *** ** ********* and ***** ** ********** ****:

** *** ******* ***********. **’** **** able ** ******* ** **.

Growing *********** *****

***** **** **** *** ******* *** grown ***** **** ***** ******* ********* in ****, ****** ********** ** *** engineering *****:

**'** *** ***** *** ********* ** staff.

Product ***************

********* ****** **** *** ******* ******* differentiators *** ****** *** ***** *********** and *** ** ***. ***** ************** are ************-******** *** **** *** **** verified ** **** *******.*** ************* ************* *** ** ***** ** **** value. ******* ***** ************** ** *** integration ****** *** ********. **********, **** do ***** **** ******, *********** ** *** ********* *****:

**** **** ***** **** ************** ** ***** ******* *********** **** Dahua *** *********. *******, **** ** not ******* ********* ** ******* **** detection. ****** *********/*********** *** ******* ***** recognition *** **** ** ***********.

*******

***** **** ** ****'* **** ** provide ***** *******. *******, ** *** provide *** ********* **** ***** ** cameras *** ****:

$*** - $**** *******

$*** - $**** ****

Competitive ***********

***** ******* * ************** *** ********* is **** ** ** ****** **** Hikvision *** ******** **** ******-*** ******:

*** ********* ***** *** **'** ********** more **** **** ** *****. **'** a ****** ******* ******* **** ***** or *********.

********, ***** ****** **** ***** ******* and *** ********* ******* ** ***-*********** distribution ******* **** **** **** ********:

*’** *** ** ***** ********** ********. Milesight **** *** * ******* *******. You *** **** ** *** **********. We ****** *** *********** *** *** own ********* ****** *** ******** **** the ******** ** ******* ****. *** that *** *** ******** ** **. You **** ********* * ***** ***** of ********* **** * ***’* ***** about. *** ***** ******* ****. * worry ***** *** ****** ******* ****. When * **** **** ******* ** people *** ********** **********, ****’** ***** away.

Potential *******

*** ********* ****** ********* ***** ** cybersecurity *************. ***** ******** *** ******* password *** ********* ********* ** "********", though ** **** **** **** ** changing ** *** **** ******** ******.

**** *******, *** ******* *** *** yet ******** *** **** ** ********* into ******* *** ***** *** ********* internationally ** ****** ****** ***** ** integrators. *** ****** * ******* ******* portfolio **** ***** ******* ** ***** Chinese *************, ** ** **** ** persuade ** ******** **** ** ******. If ********* ***** ** ***** *** areas, **** ***** **** ********** *************.

Poll / ****

Comments (12)
Avatar
Abdelhamid Metwally
Jan 22, 2019
IPVMU Certified

There are two interesting differentiators worth pointing out vs Hikvision. 

The first is that most of their professional cameras have a built-in microphone.

The second is that many of their cameras support SIP and they even have tested integration with Yeastar IP PABX.

Also their standard free VMS although not very scalable is easy to use according to our installers.

(7)
JH
John Honovich
Jan 23, 2019
IPVM

Abdelhamid,

Thanks for your continued helpful comments!

My main concern / question is that those features are fairly niche and not widely used. Agree/disagree?

(1)
Avatar
Abdelhamid Metwally
Jan 23, 2019
IPVMU Certified

They are certainly niche. However, the built-in mics feature has certain been enticing for certain customers.

(1)
U
Undisclosed #1
Jan 22, 2019
IPVMU Certified

Slack admitted the default password for Milesight equipment is "password", though he says that will be changing in the next firmware update.

To “pass”?

BN
Bjorn Nielsen
Jan 23, 2019

The password is "ms1234"

(2)
U
Undisclosed #1
Jan 22, 2019
IPVMU Certified

Freudian slip?

or understandable oversight?

:)

(3)
Avatar
Dan Gelinas
Jan 22, 2019
IPVM

Thank you for that catch. We've corrected the typo in the story.

U
Undisclosed #2
Jan 22, 2019

The report from 2 years ago says they had 50+ engineers.

They've tripled that in 2 years?

Avatar
Dan Gelinas
Jan 23, 2019
IPVM

That is what Mike Slack claimed during our interview. I've circled back around with him to confirm.

U
Undisclosed #1
Jan 23, 2019
IPVMU Certified

Regardless of the number, he’s not claiming these are Milesight USA engineers, correct?

Avatar
Luca Fogliati
Feb 01, 2019

"they prefer to grow slowly, allowing each distribution outlet to dominate in the area for a while and build the brand"...we were dealing with them in Italy around 2015/16 in a superfast market as cctv is it seems there hasn't been this growt ,at least not in our market since we don't work with them anymore and i've never heard about them since then....so i'd say yes,their desire to grow slow is answered....i remember they imposed a strict brand policy (no OEM, no rebrand) and that's seriouse about the company...at least it shows they were willing to emerge as a Brand

They had, at the time, some interesting products like some of the very first compact camera ( both bullet and dome)with p-iris a VMS that was less than ridicolouse and small compact NVR with 2.5" hdd (nvr had some kind of issue that i don't even remember anymore probably not enough troughput to support camera's resolution,or maybe heathing/cooling problem?)

they had SIP protocol and mic on camera that was usefull for doorbell sistems and domotic and that's mostly the reason why we aproached them but it just wasn't love and that's it

 

(1)
(2)
MM
Michael Miller
Feb 13, 2021

Are there any US-based distributors selling Milesight IOT products specifically the LTE routers?