BRN (ASX) Milestone Systems

Originally posted by Lux in Tenebris: ↑

Hi guys , just in case any one missed it ...……..naysayers avert your eyes/gaze, remember you don't want to believe
https://d1io3yog0oux5.cloudfront.net/_bdc45375d42d367321b4a322db4f0140/brainchipinc/db/217/1637/pdf/Investor+Presentation+Q4+FY18.pdf
The Company previously announced an expected agreement with a major VMS provider by the end of 2018. This agreement is in progress and while not yet executed, the supplier is currently marketing BrainChip Studio in conjunction with their VMS for video analytics in surveillance systems in North America.The Company recently entered into a partnership agreement with Milestone, one of the leading global VMS providers, to enable integration of BrainChip Studio with Milestone’s VMS • Naysayers avert your eyes Milestone Systems is part of the Canon Inc Group, it was acquired in 2014 as part of Canons move into Video surveillance.
https://www.securityinfowatch.com/video-surveillance/article/12411943/canon-grows-its-video-surveillance-portfolio-with-briefcam-acquisition
Four years ago, Canon took the video surveillance market by surprise when it acquired Milestone Systems, one of the industry’s leading providers of video management software, and then quickly followed that up by purchasing IP video surveillance pioneer Axis Communications less than eight months later. Canon once again raised eyebrows across the industry as the company announced that it has acquired BriefCam, an Israeli-based provider of video content analysis software.
https://www.securityinformed.com/news/co-353-ga-co-1151-ga.14269.html
Canon Acquires Milestone Systems To Create Formidable Network Video Surveillance Player
"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."
https://www.bloomberg.com/news/articles/2015-02-10/canon-to-buy-sweden-s-axis-communications-for-2-8-billion
Canon to Buy Axis for $2.8 Billion in Move to Video Surveillance
https://www.bizjournals.com/losangeles/news/2018/07/24/canon-spinoff-launches-intelligent-video-cloud.html

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Lux

I appreciate your work and agree this opens up possibilities but I am not sure Brainchip is on Canon's "Corporate" radar just yet.

Milestone has 6,000 partners with online sign-up so I wait and see once the integration has happened as Milestone is an "open" software system.

A real life use case with milestone VMS would make Canon sit up and take notice they may be interested in deploying Akida in all of Canon's Digital Cameras or at least buying the IP to put on their existing camera chip.

Anyway this will take time and I think things will hot up when some manufacturer takes an exclusive IP licence on Akida in a particular field to secure their competitive advantage in say the surveillance field - then things ill really hot up.