Qognify

Security and Safety Risk Mitigation

Business Software
Acquired (Inactive) by Hexagon on Apr 2023 - closed due to acquisition
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Company Overview

Snapshot

Founded in September 2015, Qognify operated with 201–500 employees. The company was acquired by Hexagon in April 2023.

Business overview

Qognify develops solutions for capturing, analyzing, and leveraging big data to manage security risks, maintain business continuity, and streamline operations. Its technology provides insights by correlating structured and unstructured data from multiple sensors and channels, detecting irregular patterns and recognizing trends. The company's solutions serve various markets including banks, utility companies, airports, seaports, city centers, transportation systems, major tourist attractions, sporting events, and diplomatic meetings, operating within the Business Software sector.

Strategic signal

In April 2024, Hexagon rebranded Qognify, signaling a strategic integration and reaffirmation of commitment to the physical security sector. This move indicates Hexagon's intent to fully absorb Qognify's capabilities and leverage its technology within its broader portfolio, suggesting a continued focus on advancing physical security solutions under the Hexagon brand.

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Company Intelligence Q&A

What is Qognify's primary business?
Qognify develops solutions designed to help organizations capture, analyze, and leverage big data to manage security risks, maintain business continuity, and streamline operations.
When was Qognify acquired?
Qognify was acquired by Hexagon in April 2023, leading to its inactive status.
What was a significant product development for Qognify in 2018?
In March 2018, Qognify debuted its packaged solutions at ISC West 2018, highlighting new offerings for the security market.
Did Qognify expand its global presence?
In January 2017, Qognify opened new corporate headquarters in New York, expanding its global operational footprint.
What was a key strategic focus for Qognify in 2019?
In April 2019, Qognify focused on redefining itself in the Video Management Software (VMS) market, guiding security practitioners in safeguarding their operations.
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