Hexagon strengthens its physical security and incident management capabilities with the acquisition of Qognify

LONDON, Dec. 19, 2022 /PRNewswire/ — Hexagon AB, a world-wide leader in electronic actuality options combining sensor, software and autonomous technologies, right now declared the acquisition of Qognify, a major provider of actual physical safety and enterprise incident management software package answers.

Serving more than 4,000 customers all over the world in banking, authorities, logistics, production, retail, transportation and additional, Qognify’s options connection enterprise and operational workflows with online video information to minimise the effects of stability, protection and operational incidents. End marketplaces contain anything from massive utility networks and academic campuses to advanced industrial facilities – the exact buyers that also advantage from Hexagon’s computer system-aided dispatch (CAD) solutions, which play a important function in mobilising the people today in the end responsible for incident resolution.

Qognify’s online video management software (VMS) leverages movie analytics from camera feeds and cloud technological innovation to present a one video clip checking solution. The company’s organization incident management (EIM) software package integrates serious-time information from online video feeds and quite a few other diverse devices into a solitary dashboard. By correlating and analysing disparate data, shoppers can derive significant insights that ensure incidents are managed efficiently and effectively to steer clear of business enterprise disruption.

“Hexagon has extensive been a chief in general public safety answers that provide situational consciousness and insights to crisis companies and others – improving operations, minimising danger and conserving lives,” states Hexagon President and CEO Ola Rollén. “Qognify’s remedies are a organic growth of our community security portfolio, incorporating thorough and tightly built-in movie abilities that can deliver dispatchers, responders and investigators with new levels of intelligence to serve and secure their communities.”

“Qognify also extends our actual-time checking and protection achieve into new marketplaces and opens up cross-provide opportunities for our award-successful Leica BLK Collection of reality capture sensors,” ongoing Rollén. “On top of that, integrating online video monitoring abilities into our company asset administration remedy will help prospects even more optimise the functionality and dependability of their assets.”

Headquartered in Pearl River, New York, United states of america, Qognify will run as part of Hexagon’s Security, Infrastructure & Geospatial division. Completion of the transaction (closing) is subject matter to customary regulatory approvals. Qognify’s 2023 revenues are predicted to be a lot more than 50 MEUR.

For additional information and facts, be sure to call:
Anton Heikenström, Investor Relations and Business enterprise Analyst, Hexagon AB, +46 8 601 26 26, [email protected]
Kristin Christensen, Main Advertising and marketing Officer, Hexagon AB, +1 404 554 0972, [email protected]

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