Qognify

Company Overview

Snapshot

Founded in September 2015, Qognify operated with 201–500 employees, focusing on security and safety risk mitigation. The company was acquired by Hexagon in April 2023, marking a significant milestone in its journey.

Business overview

Qognify develops solutions that enable organizations to capture, analyze, and leverage big data to manage security risks, maintain business continuity, and streamline operations. Its core technology provides insights by correlating structured and unstructured data from multiple sensors and channels to detect irregular patterns and recognize trends. The company's solutions serve various markets and industries, 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, reaffirming its commitment to physical security. This move signals a strategic integration of Qognify's expertise into Hexagon's broader portfolio, indicating a continued focus on advancing security solutions under a new corporate identity and potentially expanding market reach.

Company Intelligence Q&A

What was a significant corporate event for Qognify in 2023?

Qognify was acquired by Hexagon in April 2023. This acquisition led to the company's inactive status as it became part of Hexagon's operations.

What was the strategic focus of Qognify's R&D expansion in 2017?

In June 2017, Qognify expanded its global R&D center in Israel. This expansion aimed to bolster the company's development capabilities in security and safety solutions.

What was a key product demonstration by Qognify at Intersec 2020?

In November 2019, Qognify demonstrated integrated video solutions with Cayuga and Umbrella at Intersec 2020. This showcased the company's advancements in video technology for security applications.

What was a notable product launch by Qognify at ISC West 2018?

In March 2018, Qognify debuted its packaged solutions at ISC West 2018. These solutions aimed to provide streamlined and efficient security management options for customers.

What was the purpose of Qognify's new corporate headquarters in New York?

In January 2017, Qognify opened new corporate headquarters in New York. This move aimed to strengthen the company's presence and operational capabilities in the North American market.