This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a boronic acid derivative, enabling the formation of carbon-carbon bonds, which is crucial in the development of pharmaceuticals, agrochemicals, and advanced materials. Its structure, featuring a sulfonyl group and a piperazine ring, enhances its stability and reactivity, making it suitable for constructing complex organic molecules. Additionally, it may find applications in medicinal chemistry as a building block for designing drug candidates, particularly those targeting neurological or metabolic disorders.