Is Milestone Actually Making Any Money?

Author: John Honovich, Published on Dec 10, 2011

In the past 18 months, Milestone Systems has redefined itself as the low cost VMS champion, slashing prices at a feverish rate and introducing the industry's most well known free VMS offering. However, these actions have raised many questions, none more basic than "Is Milestone Actually Making Any Money?" We first examined this in our August 2011 review of Milestone's Financials and Profitability. Now we dig further into their profits, contrasting them to leading video surveillance companies around the world.

Milestone's (Lack of) Profits

********* ** *********'* ****** **********. ** *** **** * *****, their *** ****** ******* ***** ******** ~**% **** **** ********* a *** **** ** **** *** ~*% *** ****** ****** in ****. ******* ** ****, **** ****** *** *** ** 13th ***** **** ********* *** **** ** ********. ***** ******* are *** *** ******* ************ ********* *** ********* **** ******* in *** **-**% *****.

********, ******** ** **********'* **********, *********'* ********** ****** ***** *** profitability *************. ********* *********** ***** ******* ** *&* ***** ******** to ***** *******.

** *********'* *&* ************ **** ******** ** ** ****** **** competitors, ********* ***** **** ****** ** * ** *** **** 5 ***** *** ****** ***** **** ** *** ***** *. For ********, ** ****, *** ** ***** **** ****** *****, Milestone's *** ******* **** ~** ******* ***. ******* **** *********** somewhere ******* ** *** ** ******* *** ** *&* ********. If ********* ******** *&*, ***** *** ******* ***** ** * mere ******** ** *** ******* ****** ***** ********.

** ** *****, ** *** *** *********** *** ********** ** legality ** *********'* ********* **********. ********* ******** ********** ********** (****) **** ** *******. ******* ************ *&* ** ********* *** allowed ** *** **, *** ************* ** **** ** ** in *******, *********'* **** *******. *** ******** **** ** ****** an ***** ** **** ********** *** *********** **********. **** **** one ***** ** ********* ********** *** * ********** ****, **** needs ** ********* ********** ******* *** ********* *******'* **********.

********* ** ***** ************ *********

**** *** ******* *** *** ******** ****** ********* **** ********** some *&* ***** *** ************** ***** ***** ******. ***** **** capitalizes * ***** ****** ** ************ *****, ** ** **** compared ** *******. ************, **** ******** **** $*** *** ** R&D **** (*** *** **** **** ****** ******). * ******* ******* ** ***** **** *******. ** ****, while **** ***** ****** * ******* ***** ** ***********, **** 1.25 ******* **** *********** ******** ** * ****** ** **** 13 ******* ***** (********** **** ****** ******). ****** *********, **** ***** *********/********* ** *** *********** *****, companies **** **** *** ******* ****** **** **********.

*** ** ************* *********?

**** *** **** **** ****** ******* **** ************* ** *************. Though ********* ** ****** ********** ******* ** ************ *&* ********, it ** ***** *** * *** ** ******** ********* **** flow *******. ****** *******, ******* ******, **** ** *********'* **** model, *********, ******** * *** ** ********* **** **** (*.*., they '*****' *****).

********* *** ******** ******** ***** ********** ****** **-**% ** *** *** ********* *****'* ** **** ** **** ******* ***** ******** **********. As *** *** ****** ****, *** ****** **** ***** ** every **** *** **** ** ** ** ******.

********** ** ************* *********

** *** *** ********** ********** ** *** ******** ** *********'* profitability:

  • *** ******** **** ********* ********* **** ****** ********* **** **** and *******
  • *********'* *********** **** *&* **** ******* **** ******** **** **** growth ******** ******* ** *** **** ***

*** ********: ******* ******** ********* ** *** ****** *** ************ well ********** ***********. *** ****** ** ******** ***** *** ***** inherent **** ***** ******* ***** ** **** *** ******* ** be **** **********. ********, *** ************ ** ************, *** ******** have ********* ********** ********* ******* ********* *** ********* *** ***** expensive ******** *****. ***** ********* ********** ***** ****** **** ******** **** *** ******* ** *********** ** * ****** ******, so *** *** ********* **** **** *** ******* ******* ****** to ********* *******.

*** ******* **** ***** ********** ********* ** **** **** ** the ***** **** **** *** ******** ********* **** ******** ******* financial **********, ****** ** ********* ** ******* ******* ****** *****.

*** ***** ********* ********* ** *** ** **** *********'* ********** in *&* **** ******** ****** ****** **** ****** *** *******. The **** **** ** *********'* *&* ******* ** *** ******* of ***** *********** ** **** *** ********* *** ******* *** features ****** ***** **** *******. *******, ***** ** ******* ** Milestone's ******* ******** **** ** ***** ****** ************ ******** **** would ******* ***** ********* ** **** ****** ****. ** ****, we **** ** **** ** ******* **** ***** *&* ******** alone **** ***** **************** ****** ****** *** *******.

*** ******

********* ** ************ *********** ***** **** *******, **** ** **** than ***** ****** ********* *********, ** **** ***** ********. *** two **** *********** ****** *************** ** *** ** ********* (*) developing * ****** ***** *** ********* ************ *** (*) ******* a ***** ***.

*** **** **** ******** *** ********* ***** ** **:

  • ***** ****** ************ ******** **** *** ******* ********* ** ***** of *** *** ********, ******** **** ** ** **** **** profitable **** *** *******'* ****** ****** ***.
  • ****** ** **** **** *** *** **** ******* ********* *********'* long **** ********* ***** ** ***** **** *** *** *** out ********* ******.
  • ***** ***** *** ****** *** ******** *********** *** ****** **** to ******** ****** ** *** ******.

** *** ***** ****, ***** *** **** *****, *** ** which *** **** ***** ******:

  • **** ******** * ****** ***** *** ********* ************ ****** ******** economies ** *****? **'* **** *********, **'* **** ** ** and **'* ***** **** ** ** *** ***** ***** ************* are ******** **** ******** *** ** *** ***** ** *** web.
  • *** ********* ******** ** ******* ** **** *** ******* *** low ********* **** ****? ** **** *****, ** *** ******** does *** *********** ******** ****** ********* *******, **** **** **** to ***** **** *****, *** **** ** ******** ***/** ***** prices. ** **** ** ****** ** *** ****** ***, ** derails *** ******* ********.

**********, ** ****** ***** *** **** **** **** ***. *** that ** ***** ** (*) ********* ** *** ****** *** real ***** ***** *** (*) ***** ****** ******** ** **** risky. ** *** ********, ** **** ** **** *********** ** see *** **** ********* *** ******** ** **** ******* **** and *** **** ****** **** *** ** ** ***** ***********.

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

Intel Meltdown / Spectre Patch Tested on Avigilon, Exacq and Milestone VMSes on Jan 23, 2018
Significant concern exists about the impact on VMS servers and video surveillance systems of patching the Meltdown and Spectre flaws. Generally,...
Tri-Ed Is Now Anixter on Jan 23, 2018
Goodbye, Tri-Ed. As Tri-Ed's own website now makes clear: But what difference does this make for one of the industry's largest distributors? In...
Hanwha Wave VMS Tested on Jan 22, 2018
Hanwha has released their first open platform VMS, Wisenet Wave, an Network Optix OEM (see test results) enhanced with integrations and...
VSaaS Usage Statistics 2018 on Jan 18, 2018
VSaaS has been a 'next big thing' for more than a decade. The prospect of managing, storing and streaming video from the cloud rather than...
Vivint Streety Video Strengthens Door Knocking on Jan 17, 2018
Vivint is famous (or infamous depending on your perspective) for mastering large scale door to door selling. The company has skyrocketed from a...
The 2018 Surveillance Industry Guide on Jan 16, 2018
The 300 page, 2018 Video Surveillance Industry Guide, covering the key events and the future of the video surveillance market, is now available,...
Amazon Deep Learning Partnership With AgentVi on Jan 15, 2018
Amazon is aiming to grow its Kinesis Video Streams offering that "enables you to quickly build computer vision and ML applications" in the cloud....
Hikvision Removed From US Army Base, Congressional Hearing Called on Jan 12, 2018
Hikvision has been removed from a US Army Base and a US congressional committee is planning a hearing on cybersecurity risks and specifically,...
CES 2018 Show Final Report on Jan 12, 2018
This is IPVM's final edition of our 2018 CES show report. Below are already numerous images and commentary, with more coming tomorrow.   CES is...
Canon Launches World's Most Expensive IP Camera (ME20F-SHN) on Jan 09, 2018
Canon has launched the ME20F-SHN , likely the world's most expensive single imager, non-thermal, IP camera at ~$20,000. And Canon subsidiary...

Most Recent Industry Reports

Hacked Hikvision IP Camera Map USA And Europe on Jan 22, 2018
The interactive map below shows a sample of hacked and vulnerable Hikvision IP cameras across the USA and Europe. Hover over a marker to see an...
Hanwha Wave VMS Tested on Jan 22, 2018
Hanwha has released their first open platform VMS, Wisenet Wave, an Network Optix OEM (see test results) enhanced with integrations and...
Resolution Usage Statistics 2018 - Moving Up From 1080p on Jan 22, 2018
In 2016, IPVM statistics showed the most common camera resolution used was 1080p, rising from 2014's 720p. Now, new IPVM statistics of 200+...
PoE Powered Access Control Tutorial on Jan 19, 2018
Powering access control with Power over Ethernet is becoming increasingly common.  However, access requires more power than cameras, and the...
If You Have 4 Cameras, You Can Throw Them Away, If You Have 400, They Throw You Away on Jan 19, 2018
Do users care about anything but price? Do user care about cybersecurity? Do users care about trusting their supplier? These have become...
Chinese Government Hikvision Surveillance System On US Government Network on Jan 18, 2018
Hikvision, the Chinese government-owned manufacturer, has publicly claimed that their products are running on a US government network. Moreover,...
Winter 2018 Camera Course on Jan 18, 2018
Learn video surveillance and get certified. Register now. Save $50 on the course, ending this Thursday the 18th, plus get access to 2 class times...
VSaaS Usage Statistics 2018 on Jan 18, 2018
VSaaS has been a 'next big thing' for more than a decade. The prospect of managing, storing and streaming video from the cloud rather than...
Vivint Streety Video Strengthens Door Knocking on Jan 17, 2018
Vivint is famous (or infamous depending on your perspective) for mastering large scale door to door selling. The company has skyrocketed from a...
Axis: "It’s A Question Of Trust And Who You Want To Be Associated With" on Jan 17, 2018
Who do you trust? Who do you want to be associated with? Axis is raising hard questions to start 2018. In this note, we examine these questions,...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact