This compound is primarily utilized in the field of organic synthesis as a versatile building block for the development of more complex molecules. Its structure, featuring both bromo and chloro substituents, makes it particularly useful in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, which are essential in the synthesis of pharmaceuticals, agrochemicals, and materials science. Additionally, its benzo-triazole core is often employed in the creation of heterocyclic compounds, which are key components in many biologically active substances. The compound's ability to act as a ligand or intermediate in various catalytic processes further enhances its application in fine chemical manufacturing.