diff --git a/Dockerfile b/Dockerfile
index 5bcecea6a4..047dac6329 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -13,7 +13,7 @@ RUN curl -o GPG-PUB-KEY-INTEL-OPENVINO-2020 https://apt.repos.intel.com/openvino
 RUN apt-key add GPG-PUB-KEY-INTEL-OPENVINO-2020
 RUN echo "deb https://apt.repos.intel.com/openvino/2020/ all main" > /etc/apt/sources.list.d/intel-openvino-2020.list
 
-RUN apt-get update && apt-get install -y intel-openvino-dev-ubuntu18-2020.3.194
+RUN apt-get update && apt-get install -y intel-openvino-dev-ubuntu18-2020.4.287
 
 ENV DL_INSTALL_DIR=/opt/intel/openvino/deployment_tools
 ENV PYTHONPATH="/opt/intel/openvino/python/python3.6"
diff --git a/Dockerfile_binary_openvino b/Dockerfile_binary_openvino
index e6481477d3..032eed7069 100644
--- a/Dockerfile_binary_openvino
+++ b/Dockerfile_binary_openvino
@@ -33,7 +33,7 @@ RUN mkdir -p $TEMP_DIR && cd $TEMP_DIR/ && \
         *openvino_toolkit_fpga_2019.2) \
             COMPONENTS='intel-openvino-full__noarch;intel-openvino-dldt-full__noarch;intel-openvino-setupvars__x86_64;intel-openvino-ie-sdk-ubuntu-xenial__x86_64;intel-openvino-ie-rt__x86_64;intel-openvino-ie-rt-core-ubuntu-xenial__x86_64;intel-openvino-ie-rt-cpu-ubuntu-xenial__x86_64;intel-openvino-ie-rt-vpu-ubuntu-xenial__x86_64;intel-openvino-ie-rt-hddl-ubuntu-xenial__x86_64;intel-openvino-gfx-driver__x86_64;intel-openvino-full-pset' \
             ;; \
-        *openvino_toolkit_p_2019.3* | *openvino_toolkit_p_2020.1* | *openvino_toolkit_p_2020.2*) \
+        *openvino_toolkit_p_2019.3* | *openvino_toolkit_p_2020.1* | *openvino_toolkit_p_2020.2* | *openvino_toolkit_p_2020.3* | *openvino_toolkit_p_2020.4*) \
             COMPONENTS='intel-openvino-base__noarch;intel-openvino-dldt-base__noarch;intel-openvino-setupvars__noarch;intel-openvino-eula__noarch;intel-openvino-ie-sdk-ubuntu-xenial__x86_64;intel-openvino-ie-bin-python-tools-ubuntu-xenial__x86_64;intel-openvino-ie-samples__x86_64;intel-openvino-ie-rt__x86_64;intel-openvino-ie-bin-3rd-debug__x86_64;intel-openvino-ie-rt-core-ubuntu-xenial__x86_64;intel-openvino-ie-rt-cpu-ubuntu-xenial__x86_64;intel-openvino-ie-rt-gpu-ubuntu-xenial__x86_64;intel-openvino-ie-rt-vpu-ubuntu-xenial__x86_64;intel-openvino-ie-rt-gna-ubuntu-xenial__x86_64;intel-openvino-ie-rt-hddl-ubuntu-xenial__x86_64;intel-openvino-omz-tools__x86_64;intel-openvino-docs__noarch;intel-openvino-gfx-driver-ubuntu-xenial__x86_64;intel-openvino-base-pset' \
             ;; \
         *openvino_toolkit_fpga_2019.3*) \
diff --git a/Dockerfile_clearlinux b/Dockerfile_clearlinux
index 401080fce6..2de574183f 100644
--- a/Dockerfile_clearlinux
+++ b/Dockerfile_clearlinux
@@ -1,6 +1,6 @@
 FROM clearlinux as build
 
-ARG ov_source_branch=2020.3.0
+ARG ov_source_branch=2020.4
 
 # Stage for building TF serving API for Python 3.8
 RUN swupd bundle-add \
diff --git a/Dockerfile_openvino_base b/Dockerfile_openvino_base
index 97288aa5c9..c4f90b9230 100644
--- a/Dockerfile_openvino_base
+++ b/Dockerfile_openvino_base
@@ -1,4 +1,4 @@
-FROM openvino/ubuntu18_runtime:2020.3
+FROM openvino/ubuntu18_runtime:2020.4
 USER root
 
 RUN apt-get update && apt-get install -y --no-install-recommends \
diff --git a/Makefile b/Makefile
index c32adc18f4..1147e77681 100644
--- a/Makefile
+++ b/Makefile
@@ -28,9 +28,9 @@ CONFIG := "$(CONFIG)"
 ML_DIR := "$(MK_DIR)"
 HTTP_PROXY := "$(http_proxy)"
 HTTPS_PROXY := "$(https_proxy)"
-OVMS_VERSION := "2020.3"
+OVMS_VERSION := "2020.4"
 DLDT_PACKAGE_URL := "$(dldt_package_url)"
-OV_SOURCE_BRANCH ?= "2020.3.0"
+OV_SOURCE_BRANCH ?= "2020.4"
 
 TEST_MODELS_DIR = /tmp/ovms_models
 DOCKER_OVMS_TAG ?= ie-serving-py:latest
diff --git a/setup.py b/setup.py
index 1381b0709f..87d5ae42d0 100644
--- a/setup.py
+++ b/setup.py
@@ -18,7 +18,7 @@
 
 setup(
     name='ie_serving',
-    version="2020.3",
+    version="2020.4",
     description="DLDT inference server",
     long_description="""DLDT inference server""",
     keywords='',
diff --git a/tests/scripts/functional-tests-bin.sh b/tests/scripts/functional-tests-bin.sh
index 43b7943a75..32605a1702 100755
--- a/tests/scripts/functional-tests-bin.sh
+++ b/tests/scripts/functional-tests-bin.sh
@@ -6,7 +6,7 @@ DOCKER_OVMS_TAG="ie-serving-bin:latest"
 export TESTS_SUFFIX="bin"
 export PORTS_PREFIX="92 57"
 
-make DOCKER_OVMS_TAG=${DOCKER_OVMS_TAG} docker_build_bin dldt_package_url=${OPENVINO_DOWNLOAD_LINK_2020_3}
+make DOCKER_OVMS_TAG=${DOCKER_OVMS_TAG} docker_build_bin dldt_package_url=${OPENVINO_DOWNLOAD_LINK_2020_4}
 
 . .venv-jenkins/bin/activate
 
diff --git a/tests/scripts/unit-tests.sh b/tests/scripts/unit-tests.sh
index be60aece11..fbadc1b117 100755
--- a/tests/scripts/unit-tests.sh
+++ b/tests/scripts/unit-tests.sh
@@ -7,7 +7,7 @@ LD_LIBRARY_PATH+=:/opt/intel/openvino/deployment_tools/inference_engine/external
 LD_LIBRARY_PATH+=:/opt/intel/openvino/deployment_tools/inference_engine/lib/intel64
 LD_LIBRARY_PATH+=:/opt/intel/openvino/deployment_tools/ngraph/lib
 
-OPEN_VINO_DOCKER_IMAGE=openvino/ubuntu18_dev:2020.3
+OPEN_VINO_DOCKER_IMAGE=openvino/ubuntu18_dev:2020.4
 OVMS_TESTS_IMAGE="${OPEN_VINO_DOCKER_IMAGE}-ovms-tests"
 
 docker build \