Amsterdam, February 2, 2017. Elsevier, a world-leading provider of scientific, technical and medical information products and services, today announced the acquisition of Plum Analytics from EBSCO Information Services, a global information services company providing research and discovery platforms and access to premium content. The acquisition will enable Elsevier to significantly expand access to Plum Analytics' altmetrics to more researchers and more institutions.
Plum Analytics was founded in early 2012 and is a pioneer in ‘altmetrics', helping tell the story of research and researchers by revealing interest and usage beyond traditional measures. It gathers metrics about research from dozens of scholarly sources, media channels and social media, providing a timely, broad and complete measurement of scholarly impact.
Plum Analytics' metrics will be incorporated into Elsevier's world leading research products – Mendeley, Scopus, ScienceDirect, SciVal and Pure, as well as Elsevier's leading journal and society partner sites. Combined with Elsevier's recently announced CiteScore metrics, the research community now has even more ways to evaluate research performance.
Andrea Michalek, Managing Director of Plum Analytics who will continue in her role, explained: "Combining with Elsevier means we can take our approach to measuring research impact to a wider audience, we will benefit from greater development resources and access to a global network. Our founding vision was to bring modern ways of measuring research impact to individuals and organizations that use and analyze research. I'm incredibly proud that we achieved this and I'm looking forward to this exciting new chapter with Elsevier."
Plum Analytics' altmetrics will remain available to institutions and will be integrated into Elsevier's institutional research products SciVal and Pure. Its powerful altmetrics will enable Elsevier to improve measurement for research institutions, by helping them better understand researcher and institutional performance impact through a broader basket of metrics. Over 60 million articles from Scopus, 13 million from ScienceDirect and articles hosted on Mendeley, will be analyzed on Plum Analytics as a result of this integration.
Olivier Dumon, Managing Director, Research Products at Elsevier, said: "We know altmetric solutions are increasingly important to the research community, providing a quicker, more diverse and complete measurement of performance. Combining Plum Analytics with our research products will give significantly more researchers a deeper understanding of how their research is being used and communicated. The acquisition fits with Elsevier's strategy of helping researchers throughout their careers."
Individual researchers who use Mendeley, a free social collaboration network, will benefit as their profiles will be enhanced with Plum Analytics'altmetrics. Previously Plum Analytics' metrics were only available to institutional subscribers.
EBSCO Information Services Senior Vice President of Business Development and Strategy, Mark Herrick, said EBSCO's goal is to ensure that it is maximizing the value of its resources and that Plum Analytics was a part of that proud tradition. "Plum has grown significantly in terms of maturity and adoption at institutions around the world. Upon careful assessment, we believe that for Plum to reach its full potential it should be with a company that is more engaged and established within the office of research. We believe strongly in the value of Plum, and will ensure a smooth transition for all customers."
For more information about this announcement, please visit Elsevier Connect. The acquisition is effective immediately and financial terms are not being disclosed.
About Plum Analytics
Plum Analytics is a pioneer in the field of altmetrics, revealing research interest and usage beyond traditional measures. The company helps individuals and organizations that use, fund, support, perform, publish or analyze research obtain a broad-spectrum view of interest and usage in research through both immediate and historical perspectives. Plum Analytics gathers metrics about research from dozens of scholarly sources, media channels and social media tools, and categorizes them into Usage, Captures, Mentions, Social Media and Citations. The complete PlumX Suite of five products delivers research output information based on the unique needs of each type of PlumX user. To learn more, visit www.plumanalytics.com.
About EBSCO Information Services
EBSCO Information Services (EBSCO) is the leading discovery service provider for libraries worldwide with more than 11,000 discovery customers in over 100 countries. EBSCO Discovery Service (EDS) provides each institution with a comprehensive, single search box for its entire collection, offering unparalleled relevance ranking quality and extensive customization. EBSCO is also the preeminent provider of online research content for libraries, including hundreds of research databases, historical archives, point-of-care medical reference, and corporate learning tools serving millions of end users at tens of thousands of institutions. EBSCO is the leading provider of electronic journals & books for libraries, with subscription management for more than 360,000 serials, including more than 57,000 e-journals, as well as online access to more than 900,000 e-books. For more information, visit the EBSCO website at: www.ebsco.com. EBSCO Information Services is a division of EBSCO Industries Inc., a family owned company since 1944.
About RELX Group
RELX Group is a world‐leading provider of information and analytics for professional and business customers across industries. The group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. The total market capitalisation is approximately £28bn/€33bn/$35bn.
Elsevier is a global information analytics business that helps institutions and professionals progress science, advance healthcare and improve performance for the benefit of humanity. Elsevier provides digital solutions and tools in the areas of strategic research management, R&D performance, clinical decision support, and professional education; including ScienceDirect, Scopus, ClinicalKey and Sherpath. Elsevier publishes over 2,500 digitized journals, including The Lancet and Cell, more than 35,000 e-book titles and many iconic reference works, including Gray's Anatomy. Elsevier is part of RELX Group, a global provider of information and analytics for professionals and business customers across industries. www.elsevier.com