|Weekly News Digest
March 26, 2012 — In addition to this week's NewsBreak(s), the editors have compiled the Weekly News Digest, featuring stories from the week just past that you should know about. Watch for additional coverage to appear in the next print issue of Information Today.
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ebrary Announces New Strategic Approach to Ebook Acquisition
To help libraries meet the research needs of their entire institutions and maximize their budgets, ebrary, a ProQuest business, announced a strategic new approach to ebook acquisition based on three steps: transition, diversify and streamline. Libraries that transition a greater percentage of their budgets from print to electronic, diversify acquisition models, and streamline ordering processes will see a much greater and faster return on their ebook investments.
“Several converging factors have made strategic ebook acquisition possible: The number of books published electronically is at an all-time high; there are now a number of different acquisition models, and solid usage data is available since ebooks have been on the market for more than a decade,” said Kevin Sayar, president and general manager of ebrary. “We believe that these factors can provide libraries with a new, strategic way to provide researchers with access to more ebooks affordably and efficiently.”
Diversification is a key component of ebrary’s approach to strategic ebook acquisition. It is not one size fits all. Similar to a stock portfolio, libraries that diversify their acquisition models can see a better return on their investment.
For example, academic libraries can affordably serve the needs of their entire organizations by:
- Subscribing to Academic Complete, a growing and highly affordable base collection of more than 71,500 authoritative ebooks with unlimited, multiuser access
- Leveraging Academic Complete’s usage statistics to strategically determine where it makes sense to expand the collection using other models
- Supporting high-use subjects with patron-driven acquisition. This model provides access to hundreds of thousands of additional titles that are only triggered for purchase if used.
- Supplementing lower use programs with short-term loans, no commitment to purchase
- Purchasing essential titles outright
- Uploading and integrating their own digital repositories with DASH! (Data Sharing, Fast)
All ebooks acquired under any model are seamlessly integrated on the ebrary platform and are available on or offline via a dedicated mobile app for the iPad, iPhone, and iPad touch. The ebrary platform also includes rich functionality for making the research process quick and efficient. Titles can be purchased directly through ebrary’s ordering system, which combines administrative functionality in a single interface, or through their existing print acquisition workflow through book vendors such as YBP.
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