Laboratory Management Systems

Laboratory Management Systems (LIMS) have in recent years changed the way labs think and operate. With technology allowing more control over scientific process and management, this growing industry is going from strength to strength.

An Israeli giant in the Laboratory Management Systems marketplace is STARLIMS (that was recently purchased by Abbot).

The market for sample processing and laboratory information is controlled by giants that supply laboratory equipment and accompanying software, and STARLIMS has had to compete with companies many times larger than itself. Nevertheless, the firm managed has managed to maintain sustained revenue growth, to $25.2 million in 2008 compared to $23.8 million in 2007 and $19.8 million the year before.