The advanced materials industry is innovating constantly to meet their customers requirements vis a vis their material performance characteristics demands which are always of strategic importance to their customers and speed of innovation and cost of development play a huge role in delivering success to their customers. There is a constant effort to stay ahead of the competition through in-house development of new high-performance materials which can be marketed to deliver benefits to their customers.
The industries have realised the importance of technologies that can help them understand the chemistry behind the interaction of various products at molecular level so that they can develop new synthesis routes to develop improved products, enhance their predictive capabilities in their research / innovation processes in order to reach markets faster, with reduced cost while also contributing to their profitability but also reflects in their carbon credits. They have been very keen in deploying information technology into their research processes.
Electronic documentation of experimental information in the form of data has gained a lot of importance to internally protect intellectual property generated but also to address regulatory requirements. This data provides a great amount of visibility to the scientists through out the ideation to development and testing. This information can be deployed as knowledge across the organization to leverage on data from the past experiments and develop smarter ways to create new materials with a reduced number of wet lab experiments. Thus saving a lot time and resources for the organizations.
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