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The Danish National Advanced Technology Foundation Grants DKK 15 Million to Milestone Research Project
COPENHAGEN, Denmark, May 31, 2012/PRNewswire/ --
The project totals DKK 30 million for Milestone Systems to develop
next-generation video surveillance technology in cooperation with Nabto, Securitas and two
universities
In a collaboration between leading researchers at Aalborg University (AAU) and
Technical University of Denmark (DTU), as well as technology experts from Securitas and
Nabto, Milestone Systems, the open platform company in IP video management software, will
be developing a new, cutting-edge video surveillance solution. Video surveillance can be
used to prevent theft in both private homes and large crowded areas such as railway
stations and airports.
The solution among other things will be able to manage and search metadata, so it will
be possible to quickly find specific video, for example all recordings that contain black
cars recorded within a specific time period at a distance of 200 meters from City Hall.
The solution will also have built-in analytics, making it possible to detect irregular
movement patterns, like unauthorized persons walking around in a yard. Where traditional
systems sound an alarm if there is a burglary or similar, the new solution will give an
alert before the break-in occurs. With this project Milestone Systems hopes to develop a
unique solution that can be sold worldwide.
"We expect the solution to help reduce burglaries and increase the rate at which home
robberies are solved, as it will become more and more common to buy video surveillance
security packages for private homes. At the same time the solution will result in resource
savings in the security industry because it will reduce responses to many false alarms:
Securitas could quickly get an overview of whether there is a real alarm or not," says
Hans Jorgen Skovgaard, VP, Product Development, Milestone Systems.
Milestone will bring together leading experts in Denmark, who can contribute to
solving the technical challenges that the project entails.
"We are very pleased to spearhead this exciting research project with DTU, AAU,
Securitas and Nabto. The various skills we all bring to the project means that it will
have just the right mix of research, technological know-how and deep insight into the
global security market and users' challenges and needs. We will jointly be able to create
a new, innovative solution that our partners can offer end customers in the fight against
burglary," says CEO Lars Thinggaard, Milestone Systems.
Among the technological challenges is ensuring privacy and the handling of firewalls
in private homes, which are Nabto's specialty, in addition to practical management of very
large data volumes.
The overall project budget: DKK 29,698,740
Foundation investment: DKK 14,832,141
Milestone investment: DKK 8,700,000
Project title: Managed Video as a Service (MVaaS)
Duration: 3 years
About Milestone Systems
Founded in 1998, Milestone Systems is the global industry leader in open platform IP
video management software. The XProtect(R) platform delivers powerful surveillance that is
easy to manage, reliable and proven in thousands of customer installations around the
world. With support for the widest choice in network hardware and integration with other
systems, XProtect provides best-in-class solutions to video enable organizations -
managing risks, protecting people and assets, optimizing processes and reducing costs.
Milestone software is sold through authorized and certified partners. For more
information, visit http://www.milestonesys.com
Source: Milestone Systems
Press Contact: Courtney Dillon Pedersen, PR & Communications Manager, Tel. +45-28-350-357 or +1(503)719-3439
The Danish National Advanced Technology Foundation Grants DKK 15 Million to Milestone Research Project
COPENHAGEN, Denmark, May 31, 2012/PRNewswire/ --
The project totals DKK 30 million for Milestone Systems to develop
next-generation video surveillance technology in cooperation with Nabto, Securitas and two
universities
In a collaboration between leading researchers at Aalborg University (AAU) and
Technical University of Denmark (DTU), as well as technology experts from Securitas and
Nabto, Milestone Systems, the open platform company in IP video management software, will
be developing a new, cutting-edge video surveillance solution. Video surveillance can be
used to prevent theft in both private homes and large crowded areas such as railway
stations and airports.
The solution among other things will be able to manage and search metadata, so it will
be possible to quickly find specific video, for example all recordings that contain black
cars recorded within a specific time period at a distance of 200 meters from City Hall.
The solution will also have built-in analytics, making it possible to detect irregular
movement patterns, like unauthorized persons walking around in a yard. Where traditional
systems sound an alarm if there is a burglary or similar, the new solution will give an
alert before the break-in occurs. With this project Milestone Systems hopes to develop a
unique solution that can be sold worldwide.
"We expect the solution to help reduce burglaries and increase the rate at which home
robberies are solved, as it will become more and more common to buy video surveillance
security packages for private homes. At the same time the solution will result in resource
savings in the security industry because it will reduce responses to many false alarms:
Securitas could quickly get an overview of whether there is a real alarm or not," says
Hans Jorgen Skovgaard, VP, Product Development, Milestone Systems.
Milestone will bring together leading experts in Denmark, who can contribute to
solving the technical challenges that the project entails.
"We are very pleased to spearhead this exciting research project with DTU, AAU,
Securitas and Nabto. The various skills we all bring to the project means that it will
have just the right mix of research, technological know-how and deep insight into the
global security market and users' challenges and needs. We will jointly be able to create
a new, innovative solution that our partners can offer end customers in the fight against
burglary," says CEO Lars Thinggaard, Milestone Systems.
Among the technological challenges is ensuring privacy and the handling of firewalls
in private homes, which are Nabto's specialty, in addition to practical management of very
large data volumes.
The overall project budget: DKK 29,698,740
Foundation investment: DKK 14,832,141
Milestone investment: DKK 8,700,000
Project title: Managed Video as a Service (MVaaS)
Duration: 3 years
About Milestone Systems
Founded in 1998, Milestone Systems is the global industry leader in open platform IP
video management software. The XProtect(R) platform delivers powerful surveillance that is
easy to manage, reliable and proven in thousands of customer installations around the
world. With support for the widest choice in network hardware and integration with other
systems, XProtect provides best-in-class solutions to video enable organizations -
managing risks, protecting people and assets, optimizing processes and reducing costs.
Milestone software is sold through authorized and certified partners. For more
information, visit http://www.milestonesys.com
Source: Milestone Systems
Press Contact: Courtney Dillon Pedersen, PR & Communications Manager, Tel. +45-28-350-357 or +1(503)719-3439