diff --git a/inference-engine/tests/ie_test_utils/functional_test_utils/layer_tests_summary/utils/update_skip_test_config.py b/inference-engine/tests/ie_test_utils/functional_test_utils/layer_tests_summary/utils/update_skip_test_config.py
new file mode 100644
index 00000000000..81f1c750b96
--- /dev/null
+++ b/inference-engine/tests/ie_test_utils/functional_test_utils/layer_tests_summary/utils/update_skip_test_config.py
@@ -0,0 +1,86 @@
+# Copyright (C) 2021 Intel Corporation
+# SPDX-License-Identifier: Apache-2.0
+
+import os
+import glob
+import argparse
+
+
+def parse_arguments():
+    parser = argparse.ArgumentParser()
+
+    skip_config_help = "Paths to folder with skip_config_files"
+    input_folders_help = "Paths to folders with logs"
+
+    parser.add_argument("-s", "--skip_config_folders", help=skip_config_help, nargs='*', required=True)
+    parser.add_argument("-i", "--input_logs", help=input_folders_help, nargs='*', required=True)
+
+    return parser.parse_args()
+
+
+def is_conformance(content: str):
+    if 'conformance' in content:
+        return True
+    return False
+
+
+def is_hung_test(content: str):
+    if content == '' or \
+        "SKIPPED" in content or \
+        "FAILED" in content or \
+        "Unexpected application crash!" in content or \
+        "PASSED" in content:
+        return False
+    return True
+
+
+def get_device_name(content: str):
+    target_device_str = 'TargetDevice='
+    pos_start = content.find(target_device_str)
+    pos_end = content.find('\n')
+    return f'{content[pos_start + len(target_device_str):pos_end]}'.lower()
+
+
+def get_regex(content: str):
+    ir_name_str = 'IR_name='
+    pos_start = content.find(ir_name_str)
+    pos_end = content.find('.xml_')
+    return f'.*{content[pos_start + len(ir_name_str):pos_end]}.*\n'
+
+
+def get_conformance_hung_test(test_log_dirs: list):
+    regexp = dict()
+    for test_log_dir in test_log_dirs:
+        if not os.path.isdir(test_log_dir):
+            continue
+        for log_file in glob.glob(os.path.join(test_log_dir, '*/*')):
+            with open(log_file) as log:
+                content = log.read()
+                if is_hung_test(content) or not is_conformance(content):
+                    continue
+                device = get_device_name(content)
+                if 'arm' in content:
+                    device = 'arm'
+                if not device in regexp.keys():
+                    regexp.update({device: []})
+                regexp[device].append(get_regex(content))
+    for device, re_list in regexp.items():
+        re_list.sort()
+    return regexp
+
+
+def save_to_file(skip_folder_paths: list, regexps: dict):
+    for skip_folder_path in skip_folder_paths:
+        if not os.path.isdir(skip_folder_path):
+            continue
+        skip_files_paths = glob.glob(os.path.join(skip_folder_path, 'skip_config_*.lst'))
+        for skip_files_path in skip_files_paths:
+            for device, re_list in regexps.items():
+                if device in skip_files_path:
+                    with open(skip_files_path, 'w') as file:
+                        file.writelines(re_list)
+
+
+if __name__ == "__main__":
+    args = parse_arguments()
+    save_to_file(args.skip_config_folders, get_conformance_hung_test(args.input_logs))