Milestone CEO Resigns

By John Honovich, Published Mar 11, 2020, 02:02pm EDT (Info+)

Milestone's CEO has resigned, after 17 years on the job but there is no replacement yet.

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We argued last year that Milestone has problems. Now, what does this mean for Milestone?

We spoke with Milestone's exiting CEO about the move and look at what is next for the VMS company.

Lars ********** *******

**** ********** ********* ** *** * surprise. ** *** **** ***** *** roughly * ******* ************ *** **** ***** ** ***** for ****** * *****.

*** ** *** ************ **** **** visible ** ********* *** ******* ** things ****** *********, ******** ***** ******* **** ***** ***:

** ******** *** ***-********* ******** ** several ********* ** *** ******* *********, Lars **** **** *** ** *** right **** ** **** ** *** focus ** ***** *** ***********. ** would **** **** *** *********** *** time ** ******* *** *** ****, Tech *** ****, **** ** ***** to ** *********.

***********, ******, *** * ****** **** are * *** ** ******, ********** while ***** *** ** * *******.

*** *******, ******* **** ****,** **************** *** ******** **** ** *****:

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**** ** **** *** *** *** not ************ ****** *** *********.

Good *** *********

** ***** **** ** **** *** Milestone ** **** ** * ******** juncture *** *** ******* ** ** transitions **** *** ******** ***** ** VMS ******** ******** ** *****. **** need * *** *** ** ******* focused ** *** ********* *** *********** issues ****** *** *******.

Milestone ********

**** ******** **** ********* ***** **** move, **** ********** *** ********* ******:

  • ********* ** ********* ** ******* *** its ******* ***** ********.
  • ** ***** ****** *** * *** CEO, ******** ********** ** ** ********* but *** * ***********.

New *** ******

*** *** *** ****** ** ***** to **** **** **** *** ******* Milestone ** **** ****. ** ********* hires ** ********, *** **** ** that *** ******** **** **** **** to *** ******** *** *** **** to ********** *** ********* ****** ** the ******** (*** ************** ** *** environments ** * ****** ****).

** *** ******** ****, ********* *** 2 ******** ******* *** **** **** their *+ *****. **** ***** *********** pick **** *** ***** *** ********* side (******* ********) ** *** ********** **** (***** *********). ** ***** ****** ***** ** much ***** (*** ******** ********) ******* given ***** ************* ** *** ******** and *** *******. *** *****, ********* is *** * ********-****** *******, *** CEO *** *** ****** ** ******* on ******* *** ********* ********, ******* having ** **** ****** ** ****** public *********.

Milestone ********

** ********* ** *** **** *** much ** *********'* ******** **** **** the ******** ***'* **********'* ******* *************** activities *** ***** ** * **** chance **** * *** ***, ******* and ********* ** ******* ********* ******* this ******** **********, *** **** ******** them.

** ** ** *********** ******** ***** the ****** *** ******** *** ******** will ******* **** ******, *** ****. What ******* ** ********* ****? **** it ****** *** **** ******* ** refugees ***** **** ** *******? (********* it **** *** ***** ******) **** it **** ******* **** ****? **** it ******* *** *** *** *** cloud *********? (*** ************* *** ****).

***** *** ***** ********* *** ********* will **** * *** *** ** focused ** ******** ****.

Vote / Poll

What ***** *** **?

*** *** **********, ******* *** *** the *** *** (** **** *** are ********** **** ***********). **** ***** you ** **** *********?

Comments (14)

Milestone has to focus more on continuous improvement (day 1) and less on trying to be culturally relevant (day 2)...

Agree: 9
Disagree
Informative: 2
Unhelpful
Funny: 2

kudos to Lars for steering the OG VMS for almost 2 decades.

I don't know the guy, but that certainly couldn't have been easy....

look at all the rubble of failed companies along the way and compare to what he did over the long haul at Milestone.

hat tip.

Agree: 14
Disagree
Informative: 2
Unhelpful
Funny

resigns without a replacement?

effective when?

no interim CEO named?

odd?

Agree: 11
Disagree: 1
Informative
Unhelpful
Funny

Perhaps this is in preparation to move Milestone under the Axis banner?

Agree
Disagree: 7
Informative: 1
Unhelpful
Funny

The CFO will be the interim CEO. I see no signs this relates in any way to Axis. For example, see the 2 companies made opposing decisions about ISC West last week.

Agree: 9
Disagree: 1
Informative: 6
Unhelpful: 1
Funny

For example, see the 2 companies made opposing decisions about ISC West last week.

Kayfabe? :)

Agree
Disagree
Informative
Unhelpful
Funny: 1

I had to look that up. I thought that you misspelled covfefe (if that is even possible...).

Agree
Disagree
Informative
Unhelpful
Funny: 4

Maybe LenelS2 will acquire them... or vice versa. :)

Agree
Disagree: 7
Informative
Unhelpful
Funny

Maybe now they will bother with their installers and also look at the ridiculous pricing model from 48 cameras up>

Agree: 3
Disagree: 1
Informative
Unhelpful: 3
Funny: 2

Simpler is better.

Look at Nx and learn.

Milestone has become comparatively cumbersome, difficult to wield, challenging to learn, and expensive.

A tough nut to crack but their are examples to learn from.

Agree: 10
Disagree
Informative
Unhelpful
Funny

If Milestone want to turn things around then I would advise they start LISTENING to installers.

We know what are customers want better than they do!

Agree: 3
Disagree
Informative
Unhelpful
Funny

Milestone does need to focus on the cloud, but they also REALLY need to put more effort into their VMS (xprotect).

XP has fallen behind in the past 3-5 years, and over the past 2 years the changelog / new features on their ~quarterly releases has been pitiful (couldn't think of better word).

Many companies are successful at their cloud offerings AND their non-cloud/onprem offerings. I think VMS will have a home onPrem (non-cloud) for much longer than many expect. (because of bandwidth and/or storage costs)

Agree: 1
Disagree
Informative: 3
Unhelpful
Funny

Wow. The CEO of Amazon knows it is day 1 until the market crash amid coronavirus. Then, he is like, '' Oh no. It is finally Day 2 ''.

Agree
Disagree
Informative
Unhelpful
Funny

In the midst of the Corona chaos it’s absolutely day 1 at Amazon. Their incredible supply chain is in full swing and is the only way some people can get supplies. As Jim Cramer said the only retailers that will be left after this will be Costco, Walmart and Amazon.

Agree
Disagree
Informative
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Funny
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