This phrase is correct and usable in written English.
You can use it when describing how something can be used or implemented, for example: "This tool can be utilized as a way to streamline the process."
The prediction results can be utilized as a relative reference.
You have a system here that can be utilized as a promotional arm of the city's development".
Water catchment is part of the anchor to be utilized as a decentralized community resource.
The simulated microstructure can be utilized as a RVE for the micro-mechanical modeling studies.
A power divider can be utilized as a feeding network of an antenna array.
The results showed that A. woodiana can be utilized as a producer of freshwater pearls.
This double-sort strategy can additionally be utilized as a portfolio diversification tool.
The uniformity can be utilized as a measure for comparing factorial designs.
However, this pathway can also be utilized as a stress response to a wide variety of specific cellular insults.
If a farmer has a pool of water used for irrigation, that could be utilized as a source of energy.
For a sustainable form of transportation, these driverless cars can be utilized as a fleet of automated taxis.
