science

LabVantage

LabVantage is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand LabVantage rather than just read about it. In short: LabVantage Solutions, Inc. is a laboratory information management system (LIMS) provider based in Somerset, New Jersey. Founded in 1981, LabVantage is the third largest LIMS provider in the world.

Key takeaways

LabVantage belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect LabVantage to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of LabVantage from memory before moving on to harder problems.

Reference excerpt

LabVantage Solutions, Inc. is a laboratory information management system (LIMS) provider based in Somerset, New Jersey. Founded in 1981, LabVantage is the third largest LIMS provider in the world. Laboratory MicroSystems was founded by Mark Chudzicki and Michael Boskin in 1981. Chudzicki started the company when he was attending graduate school at Rensselaer Polytechnic Institute. The company began making money several years after it was founded but needed a $100,000 loan from New York state's Corporation for Innovation Development. Laboratory MicroSystems received financing from 100 Capital District shareholders in 1985. The company in 1986 was based in Hendrik Hudson Hotel, a downtown Troy hotel that was refurbished into an office building, employed 15 people, and had annual sales of $1 million. It was named to the Inc. 500 in 1987 after a 532% increase in sales in its first five years in business. The company in 1988 primarily served Fortune 500 companies including General Electric, Dow Corning, Pennzoil, DuPont, Monsanto, and Exxon. It set up software that cost between $10,000 and $70,000 in 1990. Chudzicki and Boskin in 1990 sold the company, which had 12 employees at the time, to Instron. The offer was for about $2.5 million, half to be paid in Instron stock and half to be paid in cash. The acquisition was finalized at $2.42 million to be distributed among Laboratory MicroSystems' 100 shareholders. In 1997, Instron sold Laboratory MicroSystems to Axiom Systems, a subsidiary of Purnendu Chatterjee's The Chatterjee Group, which renamed the company to LabVantage. Strategic Directions International said in a 2000 report, "by the late 1990s, the company appeared to have lost its way" because the numerous products LabVantage had to maintain caused it to be "overwhelmed" which hurt its client contentment. The report further noted that the company's sales failed to increase meaningfully in the past few years. In 2005, about half of the company's employees work in India, while 60 employees are in North America and 20 are in Europe. LabVantage's customers in the United States include Aventis, Pfizer, and Unilever's Best Foods (now called Hellmann's and Best Foods). In India, LabVantage provides services for GAIL, Indian Oil Corporation, and Reliance Industries.

References

External links Official website

Worked examples

Example 1 — a first encounter with LabVantage

Start with the simplest possible case. Write down what LabVantage claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to LabVantage before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about LabVantage ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of LabVantage

In research: LabVantage appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses LabVantage in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: LabVantage is common in secondary-school and first-year university syllabi. It links to neighbouring topics Companies based in Somerset County, New Jersey, Companies established in 1981, Information systems, so understanding it makes those chapters shorter.
In everyday life: Look for LabVantage outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

Affiliate

Preply — study more efficiently by working with a personal tutor. 50% off.

How to study LabVantage in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what LabVantage means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain LabVantage out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is LabVantage in simple terms?

LabVantage Solutions, Inc. is a laboratory information management system (LIMS) provider based in Somerset, New Jersey. Founded in 1981, LabVantage is the third largest LIMS provider in the world.

Why does LabVantage matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study LabVantage?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on LabVantage.