Industries that make heavy use of lab research, such as chemicals and pharmaceuticals, continue to face declining productivity on top of a new set of challenges. These challenges include rising costs with flat or decreased R&D spending, demand for faster development cycles, environmental factors like new regulations, and information overload, where the volume of research data generated grows exponentially every year. These obstacles are putting pressure on companies to do more with less and to adopt digital tools that can improve the efficiency and effectiveness of their lab research.