diff --git a/BUILD.md b/BUILD.md
index a56e29db2b..be15e76b13 100644
--- a/BUILD.md
+++ b/BUILD.md
@@ -270,17 +270,20 @@ See more information on the nGraph Execution Provider [here](./docs/execution_pr
See more information on the OpenVINO Execution Provider [here](./docs/execution_providers/OpenVINO-ExecutionProvider.md).
#### Prerequisites
-1. Install the Intel® Distribution of OpenVINOTM Toolkit **Release 2020.2** for the appropriate OS and target hardware :
+1. Install the Intel® Distribution of OpenVINOTM Toolkit **Release 2020.3** for the appropriate OS and target hardware :
* [Linux - CPU, GPU, VPU, VAD-M](https://software.intel.com/en-us/openvino-toolkit/choose-download/free-download-linux)
* [Linux - FPGA](https://software.intel.com/en-us/openvino-toolkit/choose-download/free-download-linux-fpga)
* [Windows - CPU, GPU, VPU, VAD-M](https://software.intel.com/en-us/openvino-toolkit/choose-download/free-download-windows).
- Follow [documentation](https://docs.openvinotoolkit.org/2020.2/index.html) for detailed instructions.
+ Follow [documentation](https://docs.openvinotoolkit.org/2020.3/index.html) for detailed instructions.
+
+ *Although 2020.3 LTS is the recommended OpenVINO version, [OpenVINO 2020.2](https://docs.openvinotoolkit.org/2020.2/index.html) is also additionally supported.*
+
2. Configure the target hardware with specific follow on instructions:
- * To configure Intel® Processor Graphics(GPU) please follow these instructions: [Windows](https://docs.openvinotoolkit.org/2020.2/_docs_install_guides_installing_openvino_windows.html#Install-GPU), [Linux](https://docs.openvinotoolkit.org/2020.2/_docs_install_guides_installing_openvino_linux.html#additional-GPU-steps)
- * To configure Intel® MovidiusTM USB, please follow this getting started guide: [Linux](https://docs.openvinotoolkit.org/2020.2/_docs_install_guides_installing_openvino_linux.html#additional-NCS-steps)
- * To configure Intel® Vision Accelerator Design based on 8 MovidiusTM MyriadX VPUs, please follow this configuration guide: [Windows](https://docs.openvinotoolkit.org/2020.2/_docs_install_guides_installing_openvino_windows.html#hddl-myriad), [Linux](https://docs.openvinotoolkit.org/2020.2/_docs_install_guides_installing_openvino_linux.html#install-VPU). Follow steps 3 and 4 to complete the configuration.
- * To configure Intel® Vision Accelerator Design with an Intel® Arria® 10 FPGA, please follow this configuration guide: [Linux](https://docs.openvinotoolkit.org/2020.2/_docs_install_guides_installing_openvino_linux_fpga.html)
+ * To configure Intel® Processor Graphics(GPU) please follow these instructions: [Windows](https://docs.openvinotoolkit.org/2020.3/_docs_install_guides_installing_openvino_windows.html#Install-GPU), [Linux](https://docs.openvinotoolkit.org/2020.3/_docs_install_guides_installing_openvino_linux.html#additional-GPU-steps)
+ * To configure Intel® MovidiusTM USB, please follow this getting started guide: [Linux](https://docs.openvinotoolkit.org/2020.3/_docs_install_guides_installing_openvino_linux.html#additional-NCS-steps)
+ * To configure Intel® Vision Accelerator Design based on 8 MovidiusTM MyriadX VPUs, please follow this configuration guide: [Windows](https://docs.openvinotoolkit.org/2020.3/_docs_install_guides_installing_openvino_windows.html#hddl-myriad), [Linux](https://docs.openvinotoolkit.org/2020.3/_docs_install_guides_installing_openvino_linux.html#install-VPU. Follow steps 3 and 4 to complete the configuration.
+ * To configure Intel® Vision Accelerator Design with an Intel® Arria® 10 FPGA, please follow this configuration guide: [Linux](https://docs.openvinotoolkit.org/2020.3/_docs_install_guides_installing_openvino_linux_fpga.html)
3. Initialize the OpenVINO environment by running the setupvars script as shown below:
* For Linux run:
diff --git a/dockerfiles/Dockerfile.openvino b/dockerfiles/Dockerfile.openvino
index 0d1a21b1f3..2995872053 100644
--- a/dockerfiles/Dockerfile.openvino
+++ b/dockerfiles/Dockerfile.openvino
@@ -18,7 +18,7 @@ ENV pattern="COMPONENTS=DEFAULTS"
ENV replacement="COMPONENTS=intel-openvino-ie-sdk-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-hddl-ubuntu-xenial__x86_64;intel-openvino-model-optimizer__x86_64;intel-openvino-opencv-lib-ubuntu-xenial__x86_64"
COPY l_openvino_*.tgz .
ENV LD_LIBRARY_PATH=/opt/miniconda/lib:/usr/lib:/usr/lib/x86_64-linux-gnu:$LD_LIBRARY_PATH
-ENV INTEL_OPENVINO_DIR=/opt/intel/openvino_2020.2.120
+ENV INTEL_OPENVINO_DIR=/opt/intel/openvino_2020.3.194
ENV InferenceEngine_DIR=${INTEL_OPENVINO_DIR}/deployment_tools/inference_engine/share
ENV IE_PLUGINS_PATH=${INTEL_OPENVINO_DIR}/deployment_tools/inference_engine/lib/intel64
ENV LD_LIBRARY_PATH=/opt/intel/opencl:${INTEL_OPENVINO_DIR}/inference_engine/external/gna/lib:${INTEL_OPENVINO_DIR}/deployment_tools/inference_engine/external/mkltiny_lnx/lib:$INTEL_OPENVINO_DIR/deployment_tools/ngraph/lib:${INTEL_OPENVINO_DIR}/deployment_tools/inference_engine/external/omp/lib:${INTEL_OPENVINO_DIR}/deployment_tools/inference_engine/external/tbb/lib:${IE_PLUGINS_PATH}:${LD_LIBRARY_PATH}
diff --git a/dockerfiles/README.md b/dockerfiles/README.md
index f14b87dd19..715aaadb6c 100644
--- a/dockerfiles/README.md
+++ b/dockerfiles/README.md
@@ -103,12 +103,14 @@ Use `docker pull` with any of the images and tags below to pull an image and try
Retrieve your docker image in one of the following ways.
- - To build your docker image, download the OpenVINO **online installer** package for version **2020.2** for Linux from [this link](https://software.intel.com/en-us/openvino-toolkit/choose-download) and copy the OpenVINO tar file to the same directory before building the Docker image. The online installer size is 16MB and the components needed for the accelerators are mentioned in the dockerfile. Providing the docker build argument DEVICE enables the onnxruntime build for that particular device. You can also provide arguments ONNXRUNTIME_REPO and ONNXRUNTIME_BRANCH to test that particular repo and branch. Default repository is http://github.com/microsoft/onnxruntime and default branch is master.
+ - To build your docker image, download the OpenVINO **online installer** package for version **2020.3** for Linux from [this link](https://software.intel.com/en-us/openvino-toolkit/choose-download) and copy the OpenVINO tar file to the same directory before building the Docker image. The online installer size is 19MB and the components needed for the accelerators are mentioned in the dockerfile. Providing the docker build argument DEVICE enables the onnxruntime build for that particular device. You can also provide arguments ONNXRUNTIME_REPO and ONNXRUNTIME_BRANCH to test that particular repo and branch. Default repository is http://github.com/microsoft/onnxruntime and default branch is master.
```
docker build --rm -t onnxruntime --build-arg DEVICE=$DEVICE .
```
- Pull the official image from DockerHub.
+ *Although 2020.3 LTS is the recommended OpenVINO version, [OpenVINO 2020.2](https://docs.openvinotoolkit.org/2020.2/index.html) is also additionally supported.*
+
2. DEVICE: Specifies the hardware target for building OpenVINO Execution Provider. Below are the options for different Intel target devices.