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    balancing innovation and investment in labs

    Cost–Benefit Analysis in Modern Labs

    With today’s scientific landscape, laboratories are incredibly pressed to be more efficient, accurate, and economical in their operations. From automation to AI analytics, laboratories have powerful tools at their disposal. However, every innovation in technology, software, or processes brings with it the ever-important question of cost.This is where cost-benefit analysis (CBA) becomes an indispensable tool.