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With 8.1% CAGR, Chromatography Software Market Worth USD 822 Million by 2028

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Archives, Global Trade Daily, Market insight, Software, Technology

With 8.1% CAGR, Chromatography Software Market Worth USD 822 Million by 2028

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Chromatography software market has witnessed wide applications with increased R&D activities across the pharmaceutical sector. It is claimed that the software reduces the timeline of the sample data analysis that the pharma companies need. 

Food-borne diseases and contamination has made testing a vital process. One of the most reliable features of the software is its nature of the operation. Many testing agencies are preferring the software as all the chromatography data can be processed, combined, managed, and reported all under one portal. 

Reportedly, global chromatography software industry size is predicted to cross USD 822 million by 2028. Technological advancements have allowed companies to make software that make food quality checks easier. The data solutions available in the market and the techniques used to collect the data are highly compatible. For instance, an appropriate quality check of food products requires an analysis of mixtures that need to be separated carefully through processes like liquid chromatography (LC), supercritical fluid technique (SFC), or gas chromatography (GC). 

Technological advancements augmenting a bright industrial future

Numerous market players are working on research activities and creating innovative solutions for the betterment of the industry. For example, a chromatography data system software (CDS) has been launched by Jason Inc, a leader in the chromatography software market. The recent ChromNAV 2.0 HPLC software is said to be quick to learn operations. 

Advancements in the new techniques reduce the operation time and save the functional cost as well. Scion Instruments, an industry player, has created a standalone CDS software that helps perform HPCL testing on pharma samples. The solution can also be used in laboratories for testing. Further, the OpenLad CDS developed by Agilent Technologies allows the control of GC, LC, and single quadrupole LC/MS in the lab using the single user interface. 

Standalone chromatography solution segment driving the market trends

During 2022-2028, the standalone chromatography software industry share is projected to expand at a CAGR of 7.8%. Miniaturization of electronic components has enabled the development across the segment. Safe and convenient mobile control is provided by companies for their systems. The current focus of the market is multipurpose standalone software-based devices. 

Companies are focusing on the creation of versatile and optimum functionality software. The integration of mass spectrometry technology in standalone devices has made the process simpler. Earlier, these devices needed locally stored data and remote access was not available. It also meant the use of multiple software packages. This can now be eliminated using the latest innovations in the chromatography software industry.

In 2021, the electronic testing segment had a considerable share of the industry. The segment is forecasted to grow at an 8.6% rate during the forecasted period. Several government policies have been imposed related to several testing and inspection processes. 

The key players in the chromatography software market are Bruker Corporation, Agilent Technologies, Gilson Inc., Waters Corporation, Axel Semrau, Restek Corporation, and Shimadzu Corporation among others. Strategic development by these players has created new initiatives for the betterment of the industry and future growth is expected to be seen from existing key drivers such as biotechnology applications and hospital end-users. 

 

Archives, Global Trade Daily, Software

Leading Global Software Firm Rolls Out First-of-its-Kind Time Management System, Targets World’s Growing Mobile Workforce

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Leading global time management expert HMS Software – publishers of the TimeControl timesheet system – has announced the release of TimeControl version 7.4.1, a first-of-its-kind system targeting medium to large enterprises and their mobile workers. With nearly half of the total global workforce expected to be comprised of mobile employees by 2022, the newest release of TimeControl delivers unprecedented smartphone and tablet features, enabling users to do much more from their devices than simply collect time.

“This release represents a major leap forward in functionality,” said HMS Software President Chris Vandersluis, noting that the new mobile interface for the TimeControl Mobile app – available to Google Play for Android device users and on the Apple Store for iOS users – allows users to create, view, edit and approve timesheet data, as well as perform historical searches, right from their phones. “With every new release of our product we reinvent the way companies manage their time,” Vandersluis said.

Additional new features found in TimeControl 7.4.1 – a multi-function system that includes support for Time and Attendance, Time and Billing, Project Tracking, Human Resource Tracking, and Research Tax Credit Tracking – include:

-Support for multiple timesheet periods at once, meaning some parts of an organization can start their timesheets on a Sunday and others on a Monday, while other parts can choose to use a bi-weekly, bi-monthly or other length of timesheet, making it possible for large global companies to operate efficiently from one single timesheet.

-Unparalleled flexibility in how charge codes are displayed with the launch of a new Hierarchy view that allows the configuration and display of timesheet charges to be selectable for each part of an organization while maintaining a common enterprise view in the background.

-Major changes to the TimeControl Application Programmable Interface (API) that make it easier to integrate the software with other mission-critical corporate systems such as Finance, ERP and Project Management.

TimeControl was originally released in 1994 and was immediately successful in the project management sector. Today it is a comprehensive enterprise timesheet solution used by companies worldwide. TimeControl is designed as a multipurpose timesheet able to serve the needs of both Finance and Project Management simultaneously. Features include: a multi-browser, multi-device interface; vacation approvals; executive dashboards; extensive approval functionality; flexible reporting and integration with other project management and corporate systems. TimeControl is available both as an in-the-cloud subscription service and for purchase for an on-premises installation.

TimeControl 7.4.1 will be upgraded automatically for TimeControl Online subscription clients.  The upgrade is available to existing on-premise clients with a current support and maintenance agreement at no additional charge from the TimeControl upgrades site: TimeControl.com/support/updates. A free Hosted TimeControl Trial is available at freetrial.timecontrol.com.  For further information about HMS Software, please visit http://www.hms.ca or email info@hms.ca.