Atrium Research Announces the Third Edition of Landmark Report on Electronic Laboratory Notebooks
Wilton, Connecticut USA (May 7, 2007) – Atrium Research, the only market research organization dedicated to scientific informatics, announced today the release of the third edition of company’s ground-breaking report, Electronic Laboratory Notebooks: A Foundation for Scientific Knowledge Management. Containing years of detailed research, this comprehensive study examines the ELN market, technology, requirements, best practices, legal issues, benefits, industry trends, and products. Called the “definitive document on ELN” by Indiana University’s School of Informatics, the 627 page report includes over 200 pages dedicated to reviewing the latest ELN software products from major suppliers. Over 400 charts, tables, and figures illustrate key points.
“Starting in 2003, ELNs targeting synthetic chemistry began to take root at major companies,” says Michael H Elliott, CEO of Atrium Research. “These systems, or “specific” ELNs, provided the tools to realize tangible user benefits such as enhanced research effectiveness and knowledge sharing. This changed the perception of ELN as an early adopter tool to an essential component of an informatics strategy. The net result has been an increase in the rate of adoption to the point that other domains, like biology and quality, are now demanding the technology. This fundamental change in the demand curve is forcing companies not to ask “if” they will invest in ELN, but “when.” ELN, now in the pragmatic sector the technology adoption lifecycle, is evolving toward establishment as a mainstream laboratory informatics technology.”
The market potential for ELN is large at over US$ 1.7 billion; sales of supplier products and services were approximately US$ 43 million in 2006. Revenue is growing at over 30% per year from the over thirty suppliers who serve the market. As it has with other informatics technologies, the biopharmaceutical industry is taking the lead in ELN adoption, primarily to increase efficiency in lead optimization, process research, formulation, pharmacology, and safety assessment. Quality areas are turning to ELN to improve cycle time and reduce costs of regulatory compliance.
The new edition also includes a special chapter on the application of the Semantic Web to ELN by the University of Southampton, a world renowned institution recognized as the leader in advancing the art of notebook technology. This exceptional perspective provides a forward-looking insight into the future of ELN and practical, real-life benefits of the Semantic Web.
With so many ELN suppliers offering a variety of capabilities and features, prospective users can gain the knowledge and insight they need to make an informed vendor selection. Further information on Electronic Laboratory Notebooks: A Foundation for Scientific Knowledge Management Edition III can be obtained at www.atriumresearch.com.
About Atrium Research & Consulting
Atrium Research is an informatics market research and management consulting practice providing the balanced facts and analysis partners require. Atrium Research delivers packaged and customized market research reports, growth consulting, strategy development, and education services. Further information can be obtained at www.atriumresearch.com or by e-mail at info@atriumresearch.com.
