Reflecting on 2024 & Looking Forward to 2025

What a Year! Reflecting on 2024 and Looking Forward to 2025.

As 2024 draws to a close, we’re humbled and inspired by everything we’ve accomplished with and for our customers in our mission to empower them to streamline their R&D workflows, accelerate innovation, and bring new products to market faster.

This year has been transformative and we’re excited to share highlights and provide insight into what’s on the horizon.

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Milestones that Matter 

Gartner included our AI + DOE in their Materials Informatics Guide. Thank you, Gartner! 

It’s reaffirming to have our products be recognized after the last several years of deep tech research and product development.

Of course, we continued to broaden the feature set of our product development platform. And to that end, we rolled out 24 releases and over 200 features this year that enable our customers to dramatically speed formulating and testing. The most notable include:

Artificial Intelligence

• We empowered our customers to bring products to market faster by harnessing the power of AI which works synergistically with our DOE and Scan & Score to dramatically reduce trial-and-error and one-factor-at-a-time testing in the context of multivariate optimization of technical, functional, mechanical, optical, sensory, and other properties.
  
  
• So far, this trio of capabilities is unique in the market and we’re extremely proud to be truly innovating.
  
  
• As a result, we have seen:
  • 20% less rework 
  • Up to 90% reduction in unnecessary testing 
  • 50-70% improvement in the speed of product development 

Chemical Drawing

• We enabled chemists and scientists to visualize chemical structures and reactions utilizing our integrated chemical drawing tools, complete with automated property insights and database integration.
  
  

Quality Control 

• We integrated real-time guardrails to ensure compliance with product specifications via efficient tracking, testing, analysis, and reporting to identify defects and errors before products reach the market.
  
  

Global Reach, Local Expertise

We serve global enterprises that operate on 6 continents in hundreds of cities in over 40 countries in product categories as diverse as beauty, chemicals, energy, food, plastics and packaging. We make this happen with a diverse workforce operating out of offices in the United States, Europe, and South America. 

Our integrated ELN + LIMS was selected by accounts that represent both pioneering startups and large global enterprises.
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We want to thank new customers like Hubergroup in coatings and Tipa in plastics & packaging. In 2024, we increased our customer base by 35%. Additionally, we want to thank our longstanding partners like Lyten in energy storage and advanced materials and Vibrantz in numerous chemicals and materials science product categories. We’re extremely proud of their growth and of our growth with them. In aggregate, our legacy accounts grew by 20% in 2024—a  testament to the fact that our partnerships have flourished this year. Customer trust truly fuels our drive to do more and be better.

Finally, we want to recognize our newest team members who bring applied sciences knowledge, fresh perspectives, and energy to our mission. They join our highly scientific and technical 60+ person workforce with a deep understanding of our customer challenges and objectives. As Masters and PhDs in a variety of applied science fields, we’ve literally “walked in customer shoes”. This translates to peer-built product development and more efficient solution deployment.

Looking Ahead

As we gear up for 2025, our commitment remains steadfast: to revolutionize R&D in applied science and enable our customers to achieve the extraordinary. Our focus for the year ahead centers on three strategic pillars:
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• Pioneering the Future of Scientific Discovery with AI
  • Transform workflows and accelerate breakthroughs with cutting-edge large language models (LLMs).
  • Drive innovation with advanced predictive insights, enabling smarter decision-making and defect prevention.
    
    
• Revolutionizing ELN and LIMS for Modern Labs
  • Empower global teams with integrated, in-platform spreadsheet capabilities for seamless collaboration and analysis.
  • Advance synthesis and reaction workflows, creating new possibilities for complex scientific processes.
    
    
• Uniting Scientists Across the Globe
  • Expand the reach of innovation with multilingual support, including Simplified Chinese, German, Portuguese, Spanish, French, and Italian.
  • Simplify the integration of data from instruments and sources, creating a unified platform for global research.
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Thank You!

To our customers, partners, and team: You are at the heart of everything we do. Thank you for being part of our journey this year. Together, we’re shaping the future.

Here’s to another great year of innovation, growth, and collaboration!
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Sasha, Dusko, Nikola, Patrick, Tara, Dragan & Mia