Turnover at Arcules
Canon / Milestone are putting tens of millions into Arcules - their bet on the future of the VMS market (see IPVM's Arcules test report).
But over the past half year, Arcules has had a rocky road, with significant turnover including at the executive level. Is this self-proclaimed 'bold' company on the right path or has too much money too fast been a problem for the corporate spin-out?
Inside this note, we examine:
- The turnover at Arcules
- Hiring trends at the company
- Ex-Arcules startup
- Arcules CEO resonse
- 2 recent Arcules executive hires
- Risks For Milestone
- Difficulty of Spinout
- Cautious Optimism
Turnover ** *******
******* ******** ** ******* ********:
- **** **********- "*** *** *******", **** ****, who ********* ******* ** * "**** powered *** ********* ******"
- *** **** [**** ** ****** *********] - ***, **** ****
- ***** ********** [**** ** ****** *********] - ********* ******* *******, **** ****
- ****** ****** ***** **** **** *** ~November ****
- ***** ******- **** ** ********** *** *********, December ****
- **** ******- ********** ***** ******** ***** *******, December ****
** ****, * ** *** **-******* employees (*** ****** ***, *** *** principal ******* *******) **** ******* * new ******* ************ ***, ***** ******* ** "********* *** ******* ** ********* ******* in *********** *********", ****** ******* **** description, *******'* *** **** **** **** would *** ** ********* **** *******, explaining:
** *** ** ******* ****, *** do *** ******** *** ******* ******* information ** **** *****. ** *** creating * **** ********* ******* *** I ** *** ******** ***** ** a *********** ******** ** ******* ** all.
** *** *******, ******** ******** ***** rapid ****** ** **** **** ** mid-2018, **** ** ******* **** *** then ******** ********* **** ********:
Arcules *** ********
******* ********** ******************* ** ****:
******* ** **** ******* ***** ***** we *** *** ***** ** *** going **** *** *******, *******, *** team. **** ******** ** **** *** innovation *** ** *** ** *** right ***** ** *** ***** ****.
** * ********** **** ******* *** fast ****** *****-**, ** ********** ******* and ***** ** ******. ********* ********** feedback **** ********/********* ** ****** *** service ******** ** **** ** *** Company ******. ** **** ******** ****** advisors *** *********** ** **** ** meet ******.
** ** *** ******* ** ********** matters, *** ** **** **** ********* will **** *** **. ** ** a *********** *** ****** ** **********, especially *** ********* *********. ** **** a ****** ********** **** *** ******* us ** *** ***** ** *** today **** ********** ******* ** *** team *** ******** ***** *** ***, which ** ** ** ******** ** a ***** ******* ****** ******* ** a *** ******. ** **** * strong ****** ******* *** ******* **** sets *** ******.
***CTO *** *** ******* ** ********
******* *** ********** ***** ******* * executives *** ** *** ******** / surveillance ********:**** ******* ***** ******* ******* ******* *********** ***.
*****'* **** ****** ****** ********** *** as * ********** *** *** ***** to ****, ** *** * ** of ********* ** ***** *** * decade. *********'* **** ****** ****** ********** was * ***** ** *** ** POPin [**** ** ****** *********], * company **** ** ********* ********* ****** on ******** [**** ** ****** *********], that ******** '********* *************' ******** *** internal ******* **************.
******* ** **** *** *** ***** surveillance ******** ********** *** *** ***** credentials, ***** ** ********** ***** *** depth ** ******* **** ******* ** drawing ****. ***** *******' ********** ******** and *** **** ** ***** ** get **********, ** **** ** *********** to *** *** **** ***.
Glassdoor ********** *******
******* *** *******'* *********** ********, ** has ************* ******* ********* ********** *** ***** ******* ******* ******** reviews.
'****' ** ******* ** ******* *******:
- "**** *********, ****, ***-*****, *****, *** donuts *** **** ****** *****, ********** for ******* *** ***** ******."
- "***** ** ****** ** **** ***** and **** *********, *’** ********** ****** some ******. *** ** ***** ***** is * **** *** ********** ****** the ********** **** ****** ** ** actually *** ** * ***** ******."
- "******* *** **** **** ***** ***."
** * ****** *** ****** ********, "*** ********* ******** ***** ***** ********* Ratings", **** ** *** ****** ** Arcules *** * **** ** ***** aggressive ********.
Relatively ****** *******
*** ** *** ********** **** ******* has ** ******* **** *** ********** so ************* ** ********* ******** ********, Arcules' ***** ******** ** *** ****** what * ******* ~*-****-*** ******* ***** be **** ** ***** (*** **** **** ******* ** *******). **** ***** ******* * *********** advantage ******* ***** ****** **** *** building ***** ******** ******** ****.
** *** ***** ****, ******* ***** has ** ******* **** ********* *** software, ********* ****** *********, ****** *****, Genetec, *** ******** ***** ****** *** providers.
Aggressive ******** / ***** **********
******* *** ***** ** ********** ********, as ********* ** *** **** ****** in *** **** ** ****** *** as *** ********** ********* ******:
***** *** ********* **** ******** **** Arcules ***** ******* ** ************* ****** of ********** *** ***** ** ************ launch, *******, *** ****** *** ********. In ***** ** ******** **** ***********, we *** ** ****** *** *** company, *** ***** * ********* ******** from *** ****** **.
**** ******** **** **** *** ******** CEO *** *** *** * *** of ******** *** ********** ***** *** vision. **** *** **** **** ***** is *** ******* ** ******** *** sales ************. **** ** **** **** clear *** **** *** ******* ***, the ********* ** ****** ********** ***** Director ***** ******* ****** *** *** cutting ** *** ****** ***** ****.
*** **** ******* *** **** ******* remains ** ** ****, ***** **** the ***** ************** ********** *** ******* incumbent *** **********. ********* ****** **** many **** ***** ** ********** ****** develop. ** ********, ******* '***********' ****-**, as *** ******* *** ********* ** to **, *** ** ********** ** the **** ********** ********* ****** ** the ***** ************ ********.
Risk *** *********
********* *** **** ******** **** *******' progress. ****** *** ** *********'* ***** competitors, ********* *** ******** ** ******* its *** ***** ********, ********* ** Arcules ** ******* (************ ******** ********* **** *******). ** ******* ********, ********* ****** business **** ** ******** **** *** it **** ** ****** ** *** gains ** *** ********* ** *******. However, ** ******* *********, ********* ****** business *** ** **** ******* *********** with ***** *** ***** **** ********* not ****** *** ** *** *** VSaaS ** *****.
*******, ********* ** ********** **** ** this **** ** *** ******* ********* mentorship ** ******* *** ** **-********* Director, ******* ********* [**** ** ****** available], *** ** *** ******* ***.
Difficulty ** *******
*** ** *** ******** ** ** incumbent ******** *** * *** ******* is **** *** *** ******* ** not ******** ** ********** ** *** ways ** *** *********. *******, *** of *** *** ******** *** ********** is **** **** **** ****** ********** - ****** ***********, *********, *** *****. Arcules, ** ******, *** **** ** that. ***, ** ***** *** ***, they *** ****** ** ****** ***, sometimes *********, *** ** ***** *** of ***** ** *** **** ****.
Cautiously ******** *******
***** *****'* ********* *** **** **** outlook, ** *** ******* ********** ******** about *** ****** *** *******. ***** a ******* / ******* ** ***** to **** ******** ** **** *******, they **** ****** ** ******** *** patience *** ***** ** **** ****** out ***** **** **** *** ******* of * **** **** ********* *******.
******: ** *** **** * ******, Arcules ********* *** **** ****, ********* to ******** ********:
**** ** * *** ********** *** a ******* **** ** *** *** of **** **** *** ******* ** much ***** ***********.
*** *** ******* ********* *** ******* to *******:
**'* ******** **** **** **** ******** for ****, ** ***** ** *** short ****, ***** ***** *** ********* are ****** **** *** **** **** temporarily ** ******* *** * ******* that **** **** ***** *** **** bragging ***** ***********.
******* **-*** *** *** ******** ** intro ***** *** *** ******* ******* and ** **** **** ******** * competitor ** *******:
*** ***** **-******* *** *** * management *********, *********:
*** ***** ***** *** *******:
*** *** ****** ** *** ******* website *****'* ****** ** ** **** of **** ************ ******* (*** ********).
* **** ***** ***** ********* ******* is *******... ****** ******/********* ***** *********** by ****** ****** *** ****** ** decision ** ****** ******* *********. ** is **** ** *** **** "**** hairs" ** ******** ** ***** *********** may ** ******, ******* *** ****** experience/connections ** *** ************ ******** ** not ***** ** **** **** ***** faster.