Library Systems Report 2015: Operationalizing Innovation
[May 1, 2015]
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Abstract: The library technology industry provides essential infrastructure upon which libraries depend to support their daily operations and deliver content and services to their communities.
Tied to the economy of libraries, the vendors that make up the library technology industry support a stable but highly constrained economic sector, with global opportunities. Library budgets may never recover to pre-recession levels, fueling interest in technology to improve their efficiency and the impact of collection resources. Products able to deliver efficiency, innovation, and excellent user experience are especially well positioned in this phase of the history of the industry.
Following a period of intensive development, a slate of new products that aims to align with current strategic priorities has entered a new phase of broader implementation. Index-based discovery services, available since 2009, have become vital components of academic library infrastructure and continue to see strong sales, including both first-time implementations and churn from competitors.