Dr. Igor V. Tetko introduces chemoinformatics, which uses informatics methods to solve chemical problems. It involves organizing and analyzing large chemical datasets. Key applications include drug discovery, chemical safety assessments like REACH, and predictive toxicology. Chemoinformatics helps address issues like high drug development costs and testing requirements by predicting properties in silico. The course covers topics like molecular representations, modeling techniques, and the online OCHEM database and modeling platform. Chemoinformatics aims to transform chemical data into knowledge to make better informed decisions.