Over the past two or three years, the pace of digital transformation is increasing thanks to the improved performance, power, and adaptability of tools, and investments in cloud computing, data architecture, and visualization technologies. There are also an increasing number of use cases for machine learning and, in future, quantum computing, which will accelerate the development of molecules and formulations. The broad digital transformation taking place in R&D is allowing researchers to automate time-consuming manual processes and opening new research horizons in thorny problems that have failed to elicit breakthroughs. This new report, based on interviews with R&D executives at companies including Novartis, Roche, Merck, Syngenta, and BASF, explores the use cases, best practices, and roadmaps for digitalizing science. Rich, accessible, and shareable data are the fuel on which today's breakthrough analytics and computing tools rely.