Rokus van Iperen
Canon, the provider of imaging solutions, announces a new Video Cloud IoT as a Service business based in California called ARCUS Global Inc. Owned by Canon Europe and built on the intellectual property, technology and expertise of Canon Group company, Milestone Systems, ARCUS Global Inc. will address the significant unmet global market demand from large enterprises for Video Cloud IoT as a Service for security and business optimization. ARCUS Global Inc. Rokus van Iperen, President & CEO, Canon Europe, Middle East & Africa, said: “We have identified Network Visual Solutions (NVS) as a key pillar of Canon’s future growth and have already made important steps in this space including the acquisitions of Milestone Systems and Axis Communications. Our investment in ARCUS Global Inc. is the latest demonstration of our commitment and strategy to strengthen our position in this rapidly developing market.” Lars Thinggaard, President & CEO, Milestone Systems, said: “We are proud to deliver the technology and know-how that ARCUS Global Inc. will use as their foundation. The spin-off allows us to continue to grow Milestone’s leadership position within on premise and private cloud video management solutions, where we continue to increase our investments.” Cloud Video Management Services Market Lars Nordenlund Friis, CEO of ARCUS Global Inc., said: “We are excited to launch our new company today and to introduce Video Cloud IoT as a Service not currently offered to the global enterprise market. We have a clear competitive advantage by drawing on the strengths of Milestone Systems and partnering with global leaders in public cloud infrastructure and IT technology. To maximize that advantage, we’re basing ourselves in California and we are now on a major recruitment drive to bring new highly-skilled employees into the business.” The new company will target an addressable global public cloud video management services market that is estimated to be worth between $10 & $20 billion by 2021.
It took a crowded ride during rush hour on the London “Tube” to get me there, including multiple transfers, but the first day of IFSEC at its new venue, the ExCel in London, yielded a couple of newsy announcements and busy traffic at many of the stands. The industry is still reeling from bombshell news last week of the acquisition of Milestone by Canon. The ink may be barely dry, but the agreement was celebrated at IFSEC with a press event and big photo opportunity involving Rokus van Iperen, president and CEO, Canon Europe, Middle East and Africa, and Lars Thinggaard, President and CEO, Milestone Systems. There was a big crowd around the Canon stand during the event. In addition to congratulations all around, there were assurances about the “governance structure” related to Milestone continuing to operate independently, and several mentions of “Chinese walls.” Another big player with news was Panasonic, which is adding access control to its product offerings -- at least in the European region. At IFSEC, Panasonic signed a partnership with Bravida Fire and Security, a Scandinavian supplier, to add Bravida’s Integra access control and intruder platform to its portfolio of products. The partnership initially covers the UK, Germany, France, Turkey and Benelux, but will also include Panasonic’s key accounts across Europe. Ultra High-Definition cameras were also touted by several companies, and IP video system supplier IDIS announced a range of full-HD and Ultra High-Definition monitors to go along with their new cameras, an expression of the IDIS “one-stop-shop surveillance solution” mantra. A large, crowded booth suggested the approach was attracting plenty of attention at IFSEC. At a press conference, Axis focused on the IP video market and on the impact of the additional processing power inside newer cameras, which is now at last delivering on the promise of video analytics and other expanded functions. Axis especially focused on its new image stabilization system, which it demonstrated showing video images side-by-side from the same camera, one side jumping hopelessly because the camera was being intentionally shaken, and the other practically still because of the effect of the new image stabilization system. But beyond the new capabilities, Atul Rajput, Axis regional director, northern Europe, emphasized that the market needs to embrace new ways to look at camera systems - including considering benefits outside security such as business intelligence applications and ways to be a “revenue enabler.” An example is how video surveillance can make customers feel safer in a shopping area surrounding a bus station. Rather than rushing through the area to get somewhere else, customers who feel safe might spend more times in the area, shopping and thus helping nearby merchants succeed. The use of cameras that can use less light could be positioned as a way to reduce a company’s “carbon footprint,” he said. Definitely plenty to think about on the Tube ride back to the hotel, and also two more days to explore the large exhibit hall. Stay tuned.
Milestone will continue to provide open platform VMS to the market, while operating as standalone company within the Canon Group Canon, world leader in imaging solutions, recently announced it has signed an agreement to acquire Denmark-based Milestone Systems A/S, a world leading provider of open platform video management software, via its subsidiary Canon Europa N.V. The new combination will create a formidable player in the fast growing network video surveillance market by combining the strengths of Canon’s innovative imaging technology with Milestone’s best in class video management software expertise. Canon has a clear ambition to drive future growth through diversification and has identified network video surveillance as a strategic new business area. Bringing Milestone into the Canon Group will significantly enhance Canon’s software capabilities in this sector. Rokus van Iperen, President & CEO, Canon Europe, Middle East and Africa, explains: "Canon is aiming to take a leadership position in network video surveillance and we are making an important strategic investment today to realize our objective to expand in this market. Together with Milestone, we can accelerate our growth by delivering new advanced products and solutions for new sectors, through new channels, to offer greater customer value. We are very excited about working with such a talented and innovative company and we welcome Milestone into the Canon Group." "Milestone is extremely excited about the huge potential that being part of a global group will provide. Canon respects how we built our business with our partners and supports our strategy of providing open platform solutions" Lars Thinggaard, President & CEO, Milestone Systems: "Milestone is extremely excited about the huge potential that being part of a global group will provide. Canon respects how we built our business with our partners and supports our strategy of providing open platform solutions and therefore the need to remain a standalone company within the Canon Group. We feel this step is right for taking both our business and support for suppliers and partners to a new level." Milestone is the world leader in video management software, with strong consultancy and training services and a major focus on innovation. This creates strong synergies with Canon’s customer focus and R&D culture. As part of the Canon Group, Milestone will be able to accelerate its business and development of new products. In addition, Milestone will be able to use Canon’s business and consumer channels to expand its global market presence. Milestone’s successful Open Platform business model is essential to its future success and Milestone will continue to provide open platform solutions to the market, while operating as a standalone company within the Canon Group. Canon fully supports Milestone’s open platform strategy and respects their strong partnerships.Following the completion of the acquisition, Milestone’s management will remain in place and they are committed to making this transition a success.