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Tuesday, 3rd November 2009

Report Preview: CIBER Completes Global Survey of Library Concerns, Challenges Trends, and Best Practices in Tough Economic Times

CIBER research group at University College London today announced the completion of its global library survey that concerns challenges, trends, and best practices in tough economic times.

To register for a free copy of the complete report visit this page. It's scheduled to be released on Thursday at The Charleston Conference during a presentation by executives from CIBER, YPB, and ebrary.

What Follows are a Few Key Findings From the Study:

+ The current financial year is a tough one for academic libraries, with 34.7% of institutions receiving a total library budget that is at least 5% smaller than the previous year (excluding inflation).

+ The outlook in two years’ time is mixed, with 31.4% expecting their total library budget to be smaller than in the current financial year, 40.1% about the same, and 28.4%
expecting an increase.

+ Overall, resource budgets are more vulnerable than personnel, services or infrastructure, with monographs and print journals being the most vulnerable to cutbacks.

+ When trimming their resources budget, libraries were least likely to cut e-books, followed by electronic-only serials and database subscriptions.

+ 52.5% of libraries view the acceleration of print to digital as the most effective option for balancing their budgets, with subscription as the most popular method.

A total of 800 libraries (academic, government, public, and others) from around the world participated in the study.

Summary ||| Register for Full Text (Free)

Source: ebrary


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