verde & cost benefit analysis
DESCRIPTION
Verde & Cost Benefit Analysis. Ted Koppel Verde Product Manager Taipei, June 2006. Agenda. Total Library Budget breakdown Growth of e-resources cost of e-resource management Aspects of e-resource mangement Evolution of cooperation What is different with an ERM ?. e-Resource lifecycle. - PowerPoint PPT PresentationTRANSCRIPT
Ted KoppelVerde Product Manager
Taipei, June 2006
Verde & Cost Benefit Analysis
Verde Cost Benefit2
Agenda
Total Library Budget breakdownGrowth of e-resourcescost of e-resource managementAspects of e-resource mangementEvolution of cooperationWhat is different with an ERM ?
Verde Cost Benefit3
Discovery
Trial
Selection Acquisition
Access
Decision
Cancel
Renewe-Resource lifecycle
AcquisitionsCatalogingAccessSystem-Management / ITManagementOther departmentsUsers
Verde Cost Benefit4
Experience with ERM in Libraries
Quantitative studies about library budgets in 2000-2002 (e.g. PWC, Elsevier)Term ERM came in useFirst qualitative studies in 2004 and 2005Libraries replace first generation inhouse ERMFirst libraries to start working with VerdeNo quantitative ERM studies yet, too early
Verde Cost Benefit5
Example Breakdown Library Budget
40%
20%
20%
20%
PersonnelReal estatevariousacquisitions
Verde Cost Benefit6
Growth & Trend of e-ResourcesGrowth of E-journal collections
Journals database1995 –> few hundreds less than 1002000 –> 5.000 approx. 2502005 –> 40.000+ approx. 1.000
Percentage e-acquisitions in institutionsHumbolt-Universität Berlin 15 %Universität Wien 30 %UB Paderborn 47 %European Central Bank 75 %Hoffmann La Roche 90 %
Verde Cost Benefit7
Development of Personnel Scenarios
Late 90s: 1 person part-timeEarly 2000: 1 person full time2005: few people (content & IT)Future: gradually higher Percentage
Verde Cost Benefit8
E-Resource Current trends
More Aggregator- & Archive packagesMore off-campus AccessMore E-books, series, major reference worksMore text / factual databases (e.g. Beilstein)More Courseware, slide/video-collectionsMore service contracts (related / unrelated)More licensing models
More consortia/national licensingPay-per-useTransaction debit accounts
Verde Cost Benefit9
What is improved with ERMS ?
Increased quality and work processesCommon explicit & consistent data modelRedundancy-free related data“live” integrating with other systemsDocumenting, tracking, time stamping activities“collective” long-term memoryERM makes library a more interesting partner for the enterprise (knowledge repository)
i.e. data mining / harvestingVirtual learning environments
Verde Cost Benefit10
Reducing Cost for Acquisition
Making quicker & smarter decisionsDiscover Availability
Vendors, InterfacesTime coverage
Collection ComparisonOverlapPackage assessmentAdditional Unique titles / cost
Trial management, tracking & analysis
Verde Cost Benefit11
Characteristics of Cost Savings
Initial System InvestmentInitial Setup & Implementation
Ongoing benefits:Coping with growth (wth less staff growth)Offering better service integration
More efficient content acquisitionTitle selection in consortiaOptimization of retaining printUsage monitoring and cost evaluation (coming 2006)
Verde Cost Benefit12
Improving Work Efficiency
Multi-Site / Multi-Department CooperationWorkflows, Status-progressionLookup, Commenting etc.
Interindividual information exchangeVacationSick leaveNeed for delegationPerson leaving institutionNew StaffOrganizational changes
Verde Cost Benefit13
Reducing Cost of System MaintenanceMore efficient use of information
Awareness of license conditionsRestrictions and enforcement
Access management (IT-Integration)Reporting, Tracking, communiting and solving incidents
Longterm Mainteinance of Archival rightsDeduplication of work in feeding other systems
A-ZLinkResolverPortalsEtc.
Verde Cost Benefit14
Verde: ERM in three dimensions
Time(histor
y)
Multiple E-Product
Levels
Breadth of attributes
Acce
ss
Lice
nsin
g
Cost
s
Tria
l
Use
Admin
istr
ati
on
Acqui
sitio
ns
Usa
ge
e-Pro
duct
info
Constituents
Multiple e-Product
levels
Verde Cost Benefit15
What Verde Isn’t
A bibliographic maintenance systemA full scale acquisitions and payments systemAn OpenURL resolverAn A-to-Z list providerA Public Access CatalogAn Interlibrary Loan systemA public interface
However,
Verde works with all of the above supplying ERM information to those
applications
Verde Cost Benefit16
And lower levels inherit
Interface
Package
Constituent
Access
Licensing
Costs
Trial Use
Administration
Acquisitions
Usage
e-Product infoA
ttribu
tes (m
an
ag
em
en
t are
as)
Every level can store
Verde Cost Benefit17
Any Questions:
Please contact Ted Koppel, Ex Libris
[email protected] +1 617 332 8800
Thank You
For
Your Attention