The chemical and specialty chemical industry players are always innovating constantly to meet their customers requirements which are always of strategic importance to their customers and delays in delivering the desired products with in the deadlines is of immense importance to them to be profitable and in business. There is a constant race to keep ahead of the competition in innovation to excel in the industry.
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 right from the stage of ideation to the launch of a new drug.