This compound is primarily utilized in research focused on understanding the role of glycosphingolipids in cellular processes. It serves as a key molecule in studies investigating lipid rafts and membrane microdomains, which are crucial for signal transduction and cell communication. Additionally, it is employed in immunological research to explore its interactions with immune cells, particularly in the context of autoimmune diseases and infections. The compound also finds application in neuroscience, where it helps in studying the structure and function of myelin sheaths, contributing to insights into demyelinating disorders like multiple sclerosis. Furthermore, it is used in the development of diagnostic tools and therapeutic agents targeting glycolipid-related pathways.