David Smith, The IET's Head of Product Solutions, writes:
"I cut my teeth in this business, under the original scholarly start-up environment of the legendary Vitek Tracz and his various ‘crazy ideas’ (that he generally managed to sell to the traditional publishers and thus make his return). Late 90s and early 2Ks. It was a wild ride.
Looking back over 15+ years, it’s fascinating to see what has changed and what hasn’t. In our world, we’ve ridden the wave. We digitised our back catalogues, the subscription business model still works well, the OA charging model is humming along nicely. We are not the Newspapers, or the Recording Artists, or the Bookstores and the Record Shops; The High Streets and Main Streets.
Yet we have challenges; the ennui that accompanies the knowledge that our money makers are all very mature things indeed. The knowledge, that despite the above, the networked world has not been kind to other mature businesses. The people who pay for our services are not the people who use them, day to day. We don’t have the luxury of a signal from the user that can be measured by credit card transactions. It’s very hard to connect a piece of new functionality to an increase in ROI. And a new product? Well, it’s probably fighting for existing money, from another product somewhere. New markets, proper new markets, are hard things to reach in our world, and they have fundamentally different environmental parameters.
And the way we are set up as organizations can also be challenging. Mature successful long lasting organizations (many of whom measure their existence in centuries!) have survived by optimising themselves to do what they do, day to day, very effectively.
The new new thing can be and often is, an existential challenge. Will and I experienced that cognitive dissonance many times with attendees of our (ever evolving) Web 2.0 course.
Like Will, I also help my organization work out what things to focus on and how to best deliver them. And I ‘have people’ who then get to work with the engineering needed for the products to come to life. I’m increasingly fascinated by the processes that successful product shippers use. Iteration; rigorous analytics; unity of purpose; cross functional team building; horizon scanning and rapid delivery and more.
Because one thing is true; the successful organizations, the ones that ‘disrupt’ the old guard, are the ones that have figured out an end-to-end creative process that enables them to outflank their competition.
We will be using the twitter hashtag #alpspcreate to share interesting links on the run up and after the course, please do join the conversation."
David Smith is co-tutor on the new Disruption, Innovation and Creativity training course alongside Will Russell from the Royal Society of Chemistry. Further details and booking on the ALPSP website.
Read Will Russell's post he asks where could new ideas come from?
Showing posts with label THE IET. Show all posts
Showing posts with label THE IET. Show all posts
Wednesday, 29 June 2016
Thursday, 12 February 2015
What next for science and engineering books?
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| Liz Martin, Head of Production at IOP Publishing |
IOP Publishing sold their whole programme to Taylor & Francis in 2005. They got out of books, so why launch books again in 2013? It came from their mission. They wanted to engage with their community in a different way, with different content, levels and media to reach out to a wider audience. Unlike journals, authors can express views, which is a subtly different way of engaging the community. It allowed their communities to buy what they want, where they want, how they want. It also provided a financial channel.
IOPscience is their delivery platform. It has good usability and discoverability. They also had their platform in place. They have two collections: Expanding Physics (highly developed texts from leading names in the field) and Concise Physics (short, concise 'first' books in a subject that are written and published quickly). They adopted a born digital programme. They offer PDF, HTML and ePub 3 of absolutely everything. It is device independent and fully functional. Equations are used to make it readable and accessible. They provide a seamless reader experience with click through to exercises and embedded colour media. They have a no-DRM model so librarians can share content freely. There is a fee based model for authors so no legacy issues. They have a collections based purchasing model. They use their existing experience and contacts for production and workflow, quality and SLAs. They have an XML workflow to enable all formats. The biggest challenge is around author education. The opportunity is to use their journals.
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| Roheena Anand, Publisher at Royal Society of Chemistry |
Why do they still publish books? Because their community tells them they still want them. They find them trustworthy and knowledgeable. Books are the best way to learn a new topic and go beyond a review article to present coherent body of knowledge. They also cover different levels of knowledge. As chemical science research output is browning, it provides ways to disseminate.
One of their key offers to the community as a Society is that all surplus from their programme is reinvested in science. The RSC is a specialist in chemical sciences and they cover different levels of knowledge from popular science to engage the public, through student materials to post-grad specialist researchers. There are synergies with their journal programme, they have an ePlatform, eBook Collections and high quality titles with recognised authors and editors. It helps time poor researchers with a fast track to relevant, quality materials.
They have achieved 50% growth in output and a concomitant increase in revenue. More titles are originated themselves with new book series and editorial boards. They have nearly 1500 ebooks in their eBook Collection. They have also reduced publication times by 10 weeks (around 20 weeks). They've diversified formats so ePUB and HTML and they have diversified revenue streams including pay-per-view, pick and choose eBooks and eBook aggregators.
Their focus in the future is on quality and has to be relevant for the international community as their membership is global. Subjects need to be in line with organisational priorities for the wider Society. They will extend formats and try to improve existing (e.g. print/POD? E-textbooks?). They will explore access routes to content and consider open access (which has not been a focus to date, but signs are this is changing).
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| Ian Stoneham from The IET |
The IET publish a range of book products including monographs, professional reference, Standards (regulations), major reference works, conference proceedings and commissioned content. They have made a strategic decision to invest in programme expansion with a focus on core areas of IET activity and proposition as a learned society. They focus on quality, relevance and authority with established series and focus on edited multi-contributor monographs. They are looking for sustainable offering with depth and breadth, with a focus on digital that works for their community. Their standards publishing is now digital first with print 'squirted out at the end'.
Commissioned content is key to their knowledge offering. It can be an access to point to all other areas of their knowledge products or services. It can be repurposed and repackaged for CPD programmes and other activity. In engineering journal articles are important for career and funding, but there is a different imperative to write books. Books can bridge the gap between primary research and practical application. Engineers are very pragmatic and having a book to wave in front of a client is a good thing for business.
In the future, they plan to open up their content for semantic enrichment e.g. auto detection of proper nouns, key terms in the text, linking to internal/external sources, etc. They also hope to improve community engagement (which isn't traditionally great in their field). Challenges included automated search, Patron-Driven Acquisition and protecting IP from third parties innovating around their content. However, if you don't have the content, you can't meet the challenge of disruptive technologies.
Labels:
#alpspbook,
alpsp,
association of learned and professional society publishers,
Ian Stoneham,
IOP Publishing,
Liz Martin,
Roheena Anand,
royal society of chemistry,
Scholarly Book of the Future,
THE IET
Tuesday, 6 November 2012
IET and Minesoft Launch Minesoft Inspec Platform
- Platform links IET Inspec’s science and engineering research database with Minesoft’s patent information services
- Patent and intellectual property professionals to benefit from intuitive search function
The
Institution of Engineering and Technology (IET) and global information
solutions provider, Minesoft, have today announced the launch of their Minesoft Inspec platform.
The service will provide fast, easy access to high
quality science and engineering research intelligence. The new platform is
designed to benefit patent professionals and end-users working in the
intellectual property and patent fields and links the IET’s Inspec database
with Minesoft’s patent information services and tools.
With over 13 million abstracted and indexed
articles available, users can research existing and emerging technologies in a
flexible, precise way. Minesoft Inspec’s key features, which include
specialised indexing and precise search filters, lets users optimise the
highest levels of speed and accuracy when accessing research. For research
teams, there is also the option to save and share results folders via the
intuitive Minesoft Inspec user interface.
Daniel Smith, head of academic publishing at the
IET, commented: “Sourced from 8,000 scientific and technical journals, videos
and books, Inspec is already an essential resource for those in the engineering
and technology industries, with over three quarters of a million records added
every year. Combining this high quality database with Minesoft’s
industry-leading patent information services creates a powerful, centralised
pool of information for the patent community. Not only will Minesoft Inspec be
a valuable source of intelligence, it will also have practical implications,
saving users time and resource normally spent searching for patent related
information.”
In
addition to providing direct links to the original full text journal articles
from across the engineering and technology worlds, Minesoft Inspec also offers
the ability to monitor competitors and new technologies. Weekly alerts can be
sent to users to keep them informed on the latest developments and ensure that
intelligence is being shared effectively to drive further industry innovation.
Ann
Chapman, Joint MD at Minesoft, said: “Our partnership with the IET allows us to
offer an established and essential research resource on our innovative and
powerful platform, which we have no doubt will be a huge benefit for the patent
community. As the quantity of information available on the platform continues
to grow, the quality of search experience we provide will ensure users can
access the exact content they are seeking.”
Advanced
professional and end-user Express versions of Minesoft Inspec are available for
purchase through a flat rate annual subscription for institutions. For more
information, please visit: www.minesoft.com/inspec
-Ends-
Media enquiries to:
Lorna
Hughes / Olivia Allen
Harvard
PR
0207 861
2844 / 0207 861 3967
Notes to
editors:
Interview
opportunities are available with IET spokespersons
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