Recently, the chemical industry has recognized the need to accelerate development of medicines and materials by using smart laboratory devices and lab digitalization capabilities. It is now standard to record key process and performance data electronically around-the-clock and synchronize it with other analytical measurements for learning and regulatory purposes. The new focus is determining which synthesis tools, when supported by effective data handling capabilities, are best suited to foster innovation and learning in chemical development. This white paper from Mettler Toledo introduces potential limitations of traditional labs while demonstrating how a modern and digitalized lab can accelerate development producing an efficient workplace for chemists.