Used as a cobalt-based complex in catalytic applications, particularly in oxidation reactions and selective organic transformations. It serves as a model compound for studying metal-ligand interactions in coordination chemistry due to its stable octahedral geometry and redox-active metal center. The presence of oximato ligands enhances its ability to stabilize high oxidation states, making it useful in mimicking metalloenzyme behavior. Additionally, it finds use in academic research for developing sensor materials and studying electron transfer processes.