The growing societal and political focus on the use of environmentally friendly technologies has led to an ever-increasing interest in electrolysis technologies in the scientific communities. This development is reflected by the plethora of candidate catalysts for the hydrogen and oxygen evolution reactions, as well as the CO2 reduction reaction, reported in the literature. However, almost none of them entered the stage of application yet. Likewise, the reports on process engineering inadequately address the utilization of these catalysts, as well as electrode and cell concepts, that might be suitable for the market. Evidently, a closer collaboration between chemists and engineers from industry and academia is desirable to speed up the development of these disruptive technologies. Herein, we elucidate the critical parameters and highlight the necessary aspects to accelerate the development of industrially relevant catalysts capable of fulfilling the forthcoming challenges related to energy conversion and storage. The aim of this Perspective, composed by industrial and academic partners, is to critically question current undertakings and to encourage researchers to strike interdisciplinary research pathways.