This compound is primarily used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, where it acts as a boronic acid derivative to facilitate the formation of carbon-carbon bonds. Its piperazine and tert-butoxycarbonyl (Boc) groups make it a valuable intermediate in the development of pharmaceuticals, especially in the synthesis of complex molecules like kinase inhibitors or other biologically active compounds. The Boc group provides protection for the piperazine nitrogen during synthetic processes, allowing for selective reactions. Additionally, its sulfonyl group enhances the compound's reactivity and stability, making it suitable for use in medicinal chemistry research and drug discovery.