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Milestone Systems taps Diya Girish as sales director to drive India market push with AI-powered security stack

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MUMBAI: Milestone Systems has doubled down on India’s digital growth story, appointing technology veteran Diya Girish as its new sales director to lead go-to-market strategies in one of the world’s fastest-growing security and surveillance markets.

Announced on 7 May 2025, the move signals Milestone’s renewed focus on sectors like smart cities, infrastructure, healthcare, and manufacturing, where real-time video management, analytics and cloud-based solutions are increasingly vital. Girish, who brings over 20 years of experience from Oracle, EY, and IBM, is tasked with scaling adoption of Milestone’s expansive portfolio including XProtect VMS, Arcules (VSaaS), BriefCam video analytics, and the new AI-powered Project Hafnia.

India’s appetite for smarter, scalable security solutions is soaring. The market is growing rapidly, driven by increased urbanisation and demand for intelligent, integrated video tools capable of managing large-scale data streams. Milestone has responded by reshuffling its sales leadership structure to better capture this momentum, with Girish’s appointment at the core of this strategic push.

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“Milestone Systems is evolving with the current needs of the security market. Apart from XProtect, their cloud offering VSaaS-Arcules, Video Analytics software-BriefCam and now the new AI Data platform, Project Hafnia, forms an integral part of the solution stack – a game changer in AI model training for computer vision developers,” said Girish. “My focus will be on collaborating with our partners and delivering unmatched and innovative new security solution use cases for expanding enterprises like manufacturing GCC and infrastructure projects among others.”

She added that India’s complexity as a market makes it “interesting and challenging,” and noted the opportunity for enterprise customers to unlock the full potential of Milestone’s diverse product lineup.

Prior to this role, Girish served as sales director & country head for Oracle’s Application Unlimited line of business, where she led strategic sales and delivered substantial growth across regions.

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Her appointment, Milestone stated, is aimed at deepening its presence in the APAC market, advancing cloud and AI-powered security deployments, and driving long-term partner-led expansion in India.

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Domino’s Q1 profit falls 6.6 per cent, announces $1 billion buyback

Sales rise 3.4 per cent as pizza giant balances growth and shareholder returns

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NEW YORK: Domino’s reported a mixed start to 2026, with first-quarter net income slipping even as global sales and store expansion held steady. The company also announced a fresh $1 billion share buyback, underlining its continued focus on shareholder returns.

Global retail sales rose 3.4 per cent on a constant-currency basis to $4.74 billion. The US remained a key growth engine, with same-store sales inching up 0.9 per cent, supported by a 1.5 per cent rise at company-owned outlets.

International markets, however, painted a more uneven picture. While Domino’s added 161 net new stores overseas during the quarter, international same-store sales declined 0.4 per cent. Overall revenues still climbed 3.5 per cent to $1.15 billion, driven by higher supply chain revenues and a 2.6 per cent increase in food basket pricing for franchisees.

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On the profitability front, net income fell 6.6 per cent to $139.8 million, compared to $149.7 million a year earlier. Diluted earnings per share dropped to $4.13 from $4.33. The decline was largely attributed to a $30 million unfavourable swing in unrealised gains linked to its investment in DPC Dash Ltd.

Despite this, operational performance showed resilience. Income from operations rose 9.6 per cent to $230.4 million, supported in part by a $7.8 million pre-tax gain from the sale of a corporate aircraft.

Domino’s footprint continued to expand, with the company ending the quarter at 22,322 stores across more than 90 markets. In the US, digital orders remained dominant, accounting for over 85 per cent of retail sales in 2025.

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The company also maintained its dividend payout, declaring $1.99 per share, payable on 30 June 2026. After repurchasing $75.1 million worth of stock during the quarter, the new authorisation lifts the total available for buybacks to $1.29 billion.

Domino’s chief executive officer Russell Weiner said the company’s scale and store-level economics position it well to capture further market share in 2026, even as competition intensifies.

As Domino’s leans into expansion and capital returns, the latest results show a business managing short-term pressures while keeping its long-term growth strategy firmly in play.

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