Qognify
Qognify, now operating as Octave within Hexagon AB, provides enterprise PSIM and video management software under the Coda platform for government, transportation, critical infrastructure, banking, and large commercial organizations with complex multi-site security operations.
- Company typePrivate
- Founded2023
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Qognify does
Qognify, now operating as Octave Intelligence plc within Hexagon AB's physical security division following Hexagon's April 2023 acquisition, provides enterprise-grade Physical Security Information Management (PSIM) and video management software for large organizations with complex, multi-site security operations. The company's core platform, branded Coda (formerly HxGN dC3), is a unified architecture combining PSIM orchestration, video management, LiDAR-based 3D surveillance, cloud-hosted VMS with natural language AI, and multi-site central management. Its customer base spans government and public safety, transportation and critical infrastructure, banking and financial institutions, and large commercial enterprises that require consolidated situational awareness across heterogeneous sensor estates.
The product portfolio follows a platform-plus-modules model: Coda Orchestrator (PSIM), Coda Video (on-prem VMS), Coda Video Cloud (cloud VMS with NLP), Coda Video Analytics/Insight, Coda Spatial (LiDAR 3D surveillance), Coda Umbrella (multi-site central management for distributed enterprises such as banks), and Coda Mobile/Web/Designer clients. Legacy acquired brands—Qognify VMS, Ocularis, and NiceVision—are retained within the portfolio. Underlying technology emphasizes integration/interoperability with third-party security sensors and business systems, low total cost of ownership through ecosystem connectivity, and embedded computer vision and NLP capabilities.
Qognify/Octave generates revenue through enterprise software licensing and subscriptions (including the newer Coda Video Cloud subscription), recurring support and maintenance agreements across multiple service tiers, and professional services for implementation, deployment, and integration. Go-to-market is primarily enterprise field sales—now amplified by Hexagon's global direct sales organization—supplemented by a multi-tier channel ecosystem of resellers, technology integration partners, and A&E specification partners. Pricing is quote-based and not publicly disclosed, consistent with complex enterprise PSIM/VMS deployments.
Qognify firmographics
Firmographics- Name
- Qognify
- Legal name
- Octave Intelligence plc
- Website
- https://Qognify.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Qognify, now operating as Octave within Hexagon AB, provides enterprise PSIM and video management software under the Coda platform for government, transportation, critical infrastructure, banking, and large commercial organizations with complex multi-site security operations.
- Ownership category
- akta.pro rank
Qognify industry classification
Industry- Product category
- Physical Security Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)
- akta.pro secondary industry
- Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG)
Keywords
Where Qognify is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Qognify business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Software Licenses and Subscriptions: Enterprise software licensing and subscription model for PSIM and video management solutions. The company offers perpetual licenses and subscription-based cloud solutions including Coda Video Cloud.
- Support and Maintenance: Support and maintenance agreements offered to customers with various tiers of service including support portal access, software downloads, and technical assistance.
- Professional Services: Professional services including implementation, deployment, and integration services for enterprise customers.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Qognify product offering
Product offeringCore offering
Qognify (now operating as Octave within Hexagon AB) develops and sells enterprise physical security software, including the Coda platform with Coda Orchestrator (PSIM), Coda Video and Coda Video Cloud (VMS), Coda Spatial (LiDAR-based 3D surveillance), and Coda Umbrella for multi-site centralized management. The software consolidates data from multiple security sensors into a unified operational interface for incident response and situational awareness. Target customers are large organizations in government, transportation, critical infrastructure, banking, and commercial enterprise sectors.
Product overview
Qognify, now operating under the Octave brand within Hexagon's physical security division, offers a unified platform-plus-modules architecture called Coda (formerly HxGN dC3). The core Coda platform serves as the foundation, with specialized modules including Coda Orchestrator for PSIM capabilities, Coda Video for video management, Coda Video Cloud for cloud-based VMS with AI, Coda Video Analytics/Insight for advanced analytics, Coda Spatial for LiDAR-based 3D surveillance, Coda Umbrella for multi-site central management, and Coda Mobile/Web/Designer clients for access and configuration. The portfolio also retains legacy acquired brands including Qognify VMS, Ocularis, and NiceVision. Products focus on enterprise physical security, PSIM, and video surveillance for government, transportation, critical infrastructure, and banking sectors.
Differentiator
Problem solved
Functional benefit
Brands
- Coda: Physical security platform enabling enterprise organizations to detect, command, control and collaborate (formerly HxGN dC3)
- Coda Video
- Coda Video Cloud
- Coda Orchestrator
- Coda Spatial
- Coda Umbrella
- Qognify VMS
- Ocularis
- NiceVision
Products and services
- Coda (formerly HxGN dC3) Core physical security platform that empowers enterprise organizations to detect, command, control, and collaborate. Serves as the unified foundation for the Coda portfolio of physical security software products.
- Coda Orchestrator (formerly HxGN dC3 Orchestrator) Enterprise-class Physical Security Information Management (PSIM) software providing enhanced situational awareness and response workflow management by consolidating data from multiple security sensors into a unified operational interface.
- Coda Video (formerly HxGN dC3 Video) Video management software for corporate and enterprise projects with a focus on ecosystem connectivity, business process integration, and low total cost of ownership.
- Coda Video Cloud (formerly HxGN dC3 Video | Cloud) Cloud-based Video Management Software (VMS) solution with built-in natural language AI for enterprise video surveillance management.
- Coda Video Analytics (formerly HxGN dC3 Video | Analytics) Video analytics module providing advanced analytics capabilities for surveillance footage, enabling AI-enabled threat detection.
- Coda Video Insight (formerly HxGN dC3 Video | Insight) Video insight module providing deeper analytical insights from video data, including computer vision capabilities for threat detection.
- Coda Spatial (formerly HxGN dC3 LidarVision) LiDAR-based 3D surveillance software for advanced area and perimeter protection for critical infrastructure and high-security environments.
- Coda Umbrella (formerly HxGN dC3 Umbrella) Central management software that enables central management of all connected Coda Video systems across a large number of sites, ideal for organizations such as banks with many branch offices.
- Coda Mobile Client (formerly HxGN dC3 Mobile Client) Mobile client application for accessing and managing physical security systems on-the-go via mobile devices.
- Coda Web Client (formerly HxGN dC3 Web Client) Web-based client for accessing and managing physical security systems via a browser.
- Coda Designer (formerly HxGN dC3 Designer) Design tool for configuring and customizing physical security deployments.
- Qognify VMS Legacy video management system product brand retained after acquisition by Hexagon AB.
- Ocularis Video management system product brand acquired and retained as part of the portfolio, following Qognify's 2018 acquisition of OnSSI.
- NiceVision Video management system product brand acquired and retained as part of the portfolio.
Quantifiable outcome
- The PSIM market is projected to reach $4.05 billion by 2030, growing at 12.3% CAGR
Companies that use Qognify
Customer profileSegments4 records
Ideal customer profiles4 records
Qognify technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature8 records
Qognify partnerships and signals
Strategic signalScale indicators1 record
Recent moves6 records
Expansion highlights5 records
Qognify competitors and assessment
Company assessmentBroad incumbents
- Bosch Security Systems: Bosch Security Systems offers a broad portfolio of video surveillance, intrusion detection, and access control products including its BVMS video management software. It is a broad incumbent operating in many of the same critical infrastructure and enterprise verticals as Qognify.
- Honeywell Building Technologies: Honeywell's security business provides enterprise video, access control, and integrated building security solutions for commercial and critical infrastructure customers. It competes with Qognify in large-scale PSIM-style deployments and adjacent building/OT integration scenarios.
- Axis Communications: Axis Communications is a major network camera and physical security hardware vendor with an associated VMS partner ecosystem. It is a broad incumbent in the same end markets as Qognify, often co-deployed or evaluated alongside Qognify software in enterprise RFPs.
Emerging players
- Verkada: Verkada is a cloud-native physical security platform combining video, access control, and sensors in a unified SaaS offering. It represents an emerging architectural threat to Qognify's on-prem-leaning PSIM/VMS stack, particularly in commercial and multi-site deployments.
- BriefCam: BriefCam is a video analytics platform applying deep learning for object detection, search, and real-time alerts. It is comparable to Qognify's Coda Video Analytics and Coda Video Insight modules and is frequently integrated or evaluated alongside Qognify in security operations centers.
- Eagle Eye Networks: Eagle Eye Networks provides cloud-based video management and AI-powered video analytics with a focus on multi-site enterprise and retail customers. It competes with Coda Video Cloud and represents the cloud-first trajectory of the VMS market.
Regional players
- Hanwha Vision (formerly Wisenet): Hanwha Vision offers video surveillance cameras and a Wisenet Wave VMS platform, with strong global reach including Asia-Pacific markets where Qognify also operates. It is comparable as an integrated camera-plus-VMS vendor with overlap in commercial and enterprise security.
Direct peers
- Milestone Systems: Milestone Systems is a major open-platform video management software provider serving enterprise and mid-market customers globally. It competes head-to-head with Qognify's Coda Video and is frequently evaluated alongside Qognify in enterprise VMS RFPs.
- Avigilon (Motorola Solutions): Avigilon, owned by Motorola Solutions, offers enterprise video surveillance and access control solutions with strong AI analytics. It directly competes with Qognify in enterprise and government physical security deployments.
- Genetec: Genetec is a leading developer of unified physical security software, including video management (Security Center Omnicast), access control, and PSIM-style orchestration. It directly competes with Qognify in enterprise VMS and PSIM for government, transportation, and critical infrastructure customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks4 records
Key highlights7 records
Customer concentration
Qognify social profiles
Digital presenceQognify financial estimates
Financial estimateRevenue estimate
Valuation estimate
Qognify leadership team
Management profileNumber of profiles
Profiles9 records
Qognify funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Qognify M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Qognify
What does Qognify do?
Qognify (now operating as Octave within Hexagon AB) develops and sells enterprise physical security software, including the Coda platform with Coda Orchestrator (PSIM), Coda Video and Coda Video Cloud (VMS), Coda Spatial (LiDAR-based 3D surveillance), and Coda Umbrella for multi-site centralized management. The software consolidates data from multiple security sensors into a unified operational interface for incident response and situational awareness. Target customers are large organizations in government, transportation, critical infrastructure, banking, and commercial enterprise sectors.
Is Qognify a public or private company?
Qognify is a private company. It is classified as corporate owned and is currently acquired.
When was Qognify founded?
Qognify was founded in 2023. It employs 101 to 250 people.
Where is Qognify based?
Qognify is headquartered in New York, United States, in the North America region.
How does Qognify make money?
Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are support and Maintenance and professional Services.
Who are Qognify's main competitors?
Broad incumbents on record are Bosch Security Systems, Honeywell Building Technologies and Axis Communications. Emerging players are Verkada, BriefCam and Eagle Eye Networks. Hanwha Vision (formerly Wisenet) is listed as a regional player. Direct peers are Milestone Systems, Avigilon (Motorola Solutions) and Genetec.
Does Qognify have an API?
No public API is recorded for Qognify.
What industry is Qognify in?
Qognify's product category is Physical Security Software. Its primary akta.pro industry code is HDAEAHAG, iBPMS (Intelligent BPM Suites) & Process Automation Suites, with a secondary code of HDAEANAG, Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII). Its NAICS code is 5132 and its SIC code is 7372.