Milestone Systems, a leading provider of video technology, delivered a record-high net revenue of 1.69 billion DKK (close to 929.5 million AED) in 2023, according to the Danish company’s newly released Annual Report.
The Copenhagen-headquartered company celebrated 25 years in business in February 2023. During the anniversary year, Milestone made significant strides in delivering its growth strategy, particularly in key industries such as healthcare and hospitality.
Thomas Jensen, CEO of Milestone Systems, said: “As we reflect on Milestone’s remarkable journey of 25 years, we not only celebrate our past achievements but also look forward to what lies ahead. The advancement of artificial intelligence and video analytics opens up endless possibilities for data-driven video technology. We already see how our strategic focus on key sectors such as healthcare and hospitality can make meaningful contributions to people, businesses, and societies around the world. We are proud of Milestone’s achievements to-date, but we are even more excited about the future.”
Milestone has long advocated that technology should be developed, sold, and used responsibly. In 2023, the company established a formal program on Responsible Technology. These principles will guide the development of Milestone’s products and services and interactions throughout the value chain.
Thomas Jensen said: “I truly believe that technology should serve humanity not the other way around. Responsible Technology is not just a buzzword at Milestone – it is a crucial aspect of our commitment to serving our customers and societies at large. We are dedicated to ensuring that our software is not only innovative but also ethical.”
