This compound is primarily utilized in the pharmaceutical industry as a key intermediate in the synthesis of various therapeutic agents. Its structure, featuring both a piperidine and a triazole moiety, makes it valuable in the development of drugs targeting central nervous system disorders, including anxiety and depression. Additionally, it is explored for its potential in creating antifungal and antimicrobial agents due to the presence of the triazole group, which is known for its efficacy in inhibiting fungal and bacterial growth. Researchers also investigate its role in designing inhibitors for specific enzymes or receptors, contributing to advancements in targeted drug therapies.