Publishing/Writing: Insights, News, Intrigue


Academic Publishing – Streamlining Access to Research Data

Academic Publishing moving into fast lane

Academic publishing, also referred to as STM (Scientific, Technical and Medical) publishing, is getting a revved up engine and moving into the fast lane through a collaborative effort by Thompson Reuters and the Australian National Data Service (ANDS).

All of us who have done research for academic degrees, or for any other pure research mission, understand how important ‘data sets’ or repositories of information relating to our research topic are. In the past, finding the data to research was often a research project in itself!

The Intellectual Property & Science business of Thomson Reuters is in the process of creating a Data Citation Index to harness and bring together global data sets so research done in other countries can be more easily accessed, furthered and given proper credit. ‘Currently, the Data Citation Index contains approximately 3.5 million data records from nearly 130 repositories.’ I love it!

ANDS is one of a growing number of institutions included in the Thomson Reuters Data Citation Index.

More details provided by Knowledge Speak, the daily intelligence resource for the STM publishing industry:

US Thomson Reuters collaborates with Australian National Data Service to aid in the discovery of global data sets

The Intellectual Property & Science business of Thomson Reuters has announced a collaboration with Australian National Data Service (ANDS) to aid in the discovery of global data sets. The collaboration connects researchers to data repositories through the Data Citation Index, a single-point solution providing access to quality research data sets from multi-disciplinary repositories worldwide.

ANDS is one of a growing number of institutions included in the Thomson Reuters Data Citation Index. The collaboration ensures that Australian research is discoverable, properly attributed and reusable by other researchers. The influx of data from Australia also provides a wealth of new content that can be cited and furthered by researchers around the world.


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An Insight into the Scientific, Technical & Medical (STM) Publishing Arena

With increasing budget constraints hitting academic institutions, libraries and corporate advertisers…constraints brought on by the current recession…the scientific, technical and medical (STM) publishers are experiencing shrinking profits.

Though not by too much in this writers opinion! Hell, The global STM publishing market saw total sales of $20.3 billion in 2009! But, then again, I am not an expert nor am I rich…and $20 billion seems a wondrous number to this peasant. This represents a decrease of 1.6% for the STM folks in 2009. Is this all that bad?….Naaah. Many are doing MUCH worse!

This report from “Insights from the Editor” at Simba Information:

After shrinking 1.6% in 2009, the market for scientific, technical and medical publishing is poised to regain modest growth in 2010. However, according to Global STM Publishing 2009-2010, a new report from media industry and forecast analysis firm Simba Information, leading report publishers will require new strategies to maintain growth in what is expected to be a painfully slow recovery.

The global STM publishing market saw total sales fall to $20.3 billion in 2009 due to a broad impact on revenue streams from the worldwide recession. As detailed in the report, academic institutions faced budget pressure, which made subscription renewals difficult. Corporate customers and advertisers also cut back their spending in light of the recession. With the economy expected to slowly recover, the report projects sales in the combined STM markets to finish the year slightly ahead of 2009 results.

These market pressures are not expected to dissipate immediately. The question is how long will they last? If library budget constraints and shrinking advertising expenditures produce a couple of soft years, the market leaders will be able to ride it out with cost containment; however, if the current situation lingers and libraries start cancelling big contracts, publishers will be under the gun to find alternative strategies.

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