This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronic acid group enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules, including pharmaceuticals and agrochemicals. The presence of the sulfonyl and piperidine groups enhances its reactivity and selectivity in these reactions. Additionally, it may serve as an intermediate in the development of biologically active compounds, particularly those targeting specific enzymes or receptors in medicinal chemistry research.