SlideShare ist ein Scribd-Unternehmen logo
1 von 22
Michael Cairns
Managing Partner
Information Media Partners
Technology Spending in
Book Publishing
Introduction
Michael Cairns is a publishing and media executive with over 25 years experience in
business strategy, operations and technology implementation. As a business
executive, Mr. Cairns has successfully managed several troubled and under-
performing businesses, creating new business opportunities, developing new funding
sources and enhancing shareholder value for investors. His years spent as an
operating executive have largely been with brand-name publishing companies such
as Macmillan, Inc., Berlitz International, Wolters Kluwer Health, Reed Elsevier and
R.R. Bowker. As a consultant, Mr. Cairns has worked with clients as diverse as
AARP, Hewlett Packard, InterPublic Companies and Reed Elsevier with an emphasis
on business strategy, market development and corporate development.
His skills and experience include:
 Business and corporate strategy development and implementation
 Operations management and business transformation
 Traditional and digital publishing and operations
 Print-to-digital transformation and adoption of new business models
 Software development and software services
Mr. Cairns holds an MBA (Finance) from Georgetown University and a BA from
Boston University. He has served on several boards and advisory groups including
the Association of American Publishers, Book Industry Study Group and the
International ISBN organization. Additionally, he has public and private company
board experience.
2
Michael Cairns
Information Media Partners
Strategy Consulting
New York, London, Melbourne
Tel: 908 938 4889
Michael.cairns@infomediapartners.com
Find me:
LinkedIn
Information Media Partners
Michael Cairns established Information Media Partners in 2006 as a boutique strategy
consulting firm focused on the information and education publishing segment. The work
conducted by the firm includes product development, corporate development, sales
management and corporate reorganizations. We work with established businesses, private
equity owners and potential acquirers.
Examples of our work include:
 Reorganized and re-focused a $25 million software publishing company by aligning
business operations with client priorities; implementing internal collaboration tools and
project management standards; re-building executive team to focus on effective and
efficient management
 Defined a new business strategy for a large non-profit association and advocacy group,
expanding their business model into global markets to exploit their core knowledge and
expertise across a broader market
 Led an information technology capabilities review at a large international advertising
holding company. Completed over 200 interviews in 15 international offices and multiple
group focus sessions to define the operational ‘gaps’ between existing agency capabilities
and those necessary and important for client delivery by region
 Completed a sales management effectiveness review for a global software company and
defined six key project initiatives to improve sales effectiveness, market development and
account management
We approach our client engagements in a standardized, logical manner which creates the best
environment to identify key business drivers, administrative and logistical road blocks and/or
product or market definition issues. Our investigative approach leads to better insights into
your businesses and supports the development of workable solutions and recommendations
for success.
Visit the Information Media Partners website for more information.
Sample Client List
Overview of today’s webinar
 Technology spending segments
 Market dynamics
 Trends in technology investments
 Recommendations for buyers
 Implications for software (solutions) providers
Today’s webinar participants
 Michael Cairns
 CEO, Information Media Partners
 Brian O’Leary
 Executive Director, BISG
5
BISG: An overview
Mission Vision Values Objectives
6
To create a
more informed,
empowered and
efficient book
industry
To serve as
publishing’s
primary
resource for
addressing
issues that
affect more than
one part of the
supply chain
‱ Focus
‱ Shared
solutions
‱ Results
orientation
‱ Best in class
‱ Collaborative
‱ Information
‱ Standards
‱ Research
‱ Community
BISG Objectives
Objective Detail
Information Establish BISG as the “information hub” for the book industry supply
chain.
Standards Foster the development, refinement and use of standards that improve
revenue, promote product visibility, reduce costs and ensure
transparency across the book industry supply chain in the U.S. and
across global markets.
Research Shape the conversation about the current state and future of book
publishing by studying and communicating about emerging topics,
issues and trends that affect the book industry.
Community Maintain relevance by growing a diverse membership base that
reflects the various segments and participants of the book industry
supply chain.
7
Technology spending overview
 ERP solutions
 Contracts, rights, and royalties
 Title management
 Editorial and production
 Content management
8
ERP solutions
Type Examples
Large, cross-industry SAP, Oracle, Microsoft Dynamics
Mid-tier, cross-industry Iptor, Infor, Sage, Epicor, Unit4
Large publishers Klopotek, Advantage, Virtusales
Mid-tier publishers Firebrand, Ingenta, knk, Media Services Group,
others
Smaller publishers CWC Software, Bookflow, Ribbonfish, among
others
9
Contracts, rights, and royalties
Type Examples
Large global media
companies
Fadel, Lumina Datamatics, Vistex, among others
Focus on
publishers/smaller
companies
Metacomet, RoyaltyShare, Eclipse, Dashbook,
among others
10
The market for rights information solutions is much larger than book publishing
and can extend to companies not considered part of global media or publishing.
This makes the need for standards that align with other markets a cost-effective
option for book publishing firms.
Title management (examples)
 Supadu
 BooksONIX
 ONIXSuite (GiantChair)
 Stison
 ONIXEdit
 BookEngine
 Netread
11
Editorial and production
 ScholarOne
 Aries
 Open Monograph
 RSI (Orbis)
 Arpha
 Inera
 Blanchard
12
 Submittable
 PressBooks
 Typefi
 Publish One
 Seinet
 Pagemajik
 Deanta
Content management
 Atypon
 VitalSource
 PubFactory
 Ingenta
 SilverChair
 Ixxus (CCC)
13
 Exact Editions
 Highwire
 Tizra
 iPublish Central
 Project Muse
 ScholarStar
Market dynamics
 Rapid migration to content subscription models
challenges legacy systems, processes
 Providers are small (< $25 million/year)
 Fragmented market
 Finite avenues for funding and investment
 Forcing providers to retool
 Short-term cash drain
 Longer term: beneficial for those who invest
14
Technology spending
 In aggregate, publishing tech spending as a
share of revenue matches other industries
 Top 60 publishers measured
 Compared to much larger industries
 Harder to break down spending on legacy vs.
new investments
 Market demands pushing publishers to integrate
product development with tech investments
15
Technology investment trends
 Deliver purpose-built products across markets
 Extract operational intelligence across systems
(goals: efficiency and effectiveness)
 Apply robotic process automation (RPA) and AI
to remove costs that don’t tie to value
 Build/expand an intelligent network
 Partners, customers, suppliers, and more
16
Investment preferences
 Modular ‘assembly’ solutions; rapid
implementation
 Quantifiable business benefits delivered early in
the project timetable
 Cloud and mobile-first capabilities
 Compare to Amazon’s tech stack
 Standard API architecture seen as ‘best in class’
Recommendations for buyers
 Understand total cost of ownership
 Seek open-technology solutions (connectivity)
 Know a vendor’s road map; look for partners
who can “future proof” their solutions
 Understand infrastructure, disaster recovery,
business continuity before you buy
 The more fractured the market, the more
standard you want you implementation to be
18
Recommendations for providers
 Think broadly about your competitive set
 Not always the usual suspects
 Invest in sales and marketing support
 Be clear about business benefits, levels of support
 Think about partners
 Consolidation might be good for both the
consolidated and the industry
19
Michael Cairns
Managing Partner
Information Media Partners
Thank you - Questions
About the report
 “Market Survey of ERP and CMS Software
Solutions for Publishing Companies – 2019”
 Link below (*) or search for the report
 Available now
 Use purchase code THANKS2019 for the BISG
discount
21
* http://bit.ly/PUBTECH2019
Michael Cairns
Managing Partner
Michael.Cairns@InfoMediaPartners.com
908 938 4889

Weitere Àhnliche Inhalte

Was ist angesagt?

Improving Publisher Metadata: AAUP Annual Meeting 2012
Improving Publisher Metadata: AAUP Annual Meeting 2012Improving Publisher Metadata: AAUP Annual Meeting 2012
Improving Publisher Metadata: AAUP Annual Meeting 2012Michael Cairns
 
Predictions for Educational Publishing: NFAIS Conference 2013
Predictions for Educational Publishing: NFAIS Conference 2013Predictions for Educational Publishing: NFAIS Conference 2013
Predictions for Educational Publishing: NFAIS Conference 2013Michael Cairns
 
Key priorities and value creation during first 100 days as CEO of British Foo...
Key priorities and value creation during first 100 days as CEO of British Foo...Key priorities and value creation during first 100 days as CEO of British Foo...
Key priorities and value creation during first 100 days as CEO of British Foo...James Waddell
 
Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013
Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013
Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013Michael Cairns
 
RLG (OCLC) Symposium Chicago 2010
RLG (OCLC) Symposium  Chicago 2010RLG (OCLC) Symposium  Chicago 2010
RLG (OCLC) Symposium Chicago 2010Michael Cairns
 
Chunking and Reusing Content: AAUP Conference 2012
Chunking and Reusing Content: AAUP Conference 2012Chunking and Reusing Content: AAUP Conference 2012
Chunking and Reusing Content: AAUP Conference 2012Michael Cairns
 
Parallel Universe: Will Libraries and Publishers Learn to Share?
Parallel Universe: Will Libraries and Publishers Learn to Share?Parallel Universe: Will Libraries and Publishers Learn to Share?
Parallel Universe: Will Libraries and Publishers Learn to Share?Michael Cairns
 
Category creation-how-to-build-a-brand-that-customers by letruongan.com
Category creation-how-to-build-a-brand-that-customers by letruongan.comCategory creation-how-to-build-a-brand-that-customers by letruongan.com
Category creation-how-to-build-a-brand-that-customers by letruongan.comAn Le Truong
 
Harry Hecht Resume
Harry Hecht ResumeHarry Hecht Resume
Harry Hecht ResumeHarry Hecht
 
Situational analysis, Business strategy and BCG matrix
Situational analysis, Business strategy and BCG matrixSituational analysis, Business strategy and BCG matrix
Situational analysis, Business strategy and BCG matrixPinnakk Paul
 
The Marketing Assessment
The Marketing AssessmentThe Marketing Assessment
The Marketing AssessmentPR 20/20
 
Strategic Planning And Budgeting Part 1: Business Model and Strategy
Strategic Planning And Budgeting Part 1: Business Model and StrategyStrategic Planning And Budgeting Part 1: Business Model and Strategy
Strategic Planning And Budgeting Part 1: Business Model and StrategyKenny Ong
 
UW Deloitte Case Competition 2014 (Solution by Team Saturn)
UW Deloitte Case Competition 2014 (Solution by Team Saturn)UW Deloitte Case Competition 2014 (Solution by Team Saturn)
UW Deloitte Case Competition 2014 (Solution by Team Saturn)Sarah Ma
 
2013 Alliance Best Practices Resarch
2013 Alliance Best Practices Resarch2013 Alliance Best Practices Resarch
2013 Alliance Best Practices Resarchnormaw55
 
Strategic Marketing Plan Powerpoint Presentation Slides
Strategic Marketing Plan Powerpoint Presentation SlidesStrategic Marketing Plan Powerpoint Presentation Slides
Strategic Marketing Plan Powerpoint Presentation SlidesSlideTeam
 
Shared Value in the Pharmaceutical Industry
Shared Value in the Pharmaceutical IndustryShared Value in the Pharmaceutical Industry
Shared Value in the Pharmaceutical IndustryRobert Au
 
Alliance Lifecycle Framework
Alliance Lifecycle FrameworkAlliance Lifecycle Framework
Alliance Lifecycle Frameworkjdouglasadams
 
Towards strategic learning and development - oeb2009
Towards strategic learning and development  - oeb2009Towards strategic learning and development  - oeb2009
Towards strategic learning and development - oeb2009Mike Deschildre
 

Was ist angesagt? (20)

Improving Publisher Metadata: AAUP Annual Meeting 2012
Improving Publisher Metadata: AAUP Annual Meeting 2012Improving Publisher Metadata: AAUP Annual Meeting 2012
Improving Publisher Metadata: AAUP Annual Meeting 2012
 
Predictions for Educational Publishing: NFAIS Conference 2013
Predictions for Educational Publishing: NFAIS Conference 2013Predictions for Educational Publishing: NFAIS Conference 2013
Predictions for Educational Publishing: NFAIS Conference 2013
 
Key priorities and value creation during first 100 days as CEO of British Foo...
Key priorities and value creation during first 100 days as CEO of British Foo...Key priorities and value creation during first 100 days as CEO of British Foo...
Key priorities and value creation during first 100 days as CEO of British Foo...
 
Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013
Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013
Rethinking and Remixing Content: Society of Scholarly Publishers Panel 2013
 
RLG (OCLC) Symposium Chicago 2010
RLG (OCLC) Symposium  Chicago 2010RLG (OCLC) Symposium  Chicago 2010
RLG (OCLC) Symposium Chicago 2010
 
Chunking and Reusing Content: AAUP Conference 2012
Chunking and Reusing Content: AAUP Conference 2012Chunking and Reusing Content: AAUP Conference 2012
Chunking and Reusing Content: AAUP Conference 2012
 
Parallel Universe: Will Libraries and Publishers Learn to Share?
Parallel Universe: Will Libraries and Publishers Learn to Share?Parallel Universe: Will Libraries and Publishers Learn to Share?
Parallel Universe: Will Libraries and Publishers Learn to Share?
 
Category creation-how-to-build-a-brand-that-customers by letruongan.com
Category creation-how-to-build-a-brand-that-customers by letruongan.comCategory creation-how-to-build-a-brand-that-customers by letruongan.com
Category creation-how-to-build-a-brand-that-customers by letruongan.com
 
TxGAP Webinar - Joining Forces for Success: Making the Case for Strategic Par...
TxGAP Webinar - Joining Forces for Success: Making the Case for Strategic Par...TxGAP Webinar - Joining Forces for Success: Making the Case for Strategic Par...
TxGAP Webinar - Joining Forces for Success: Making the Case for Strategic Par...
 
Harry Hecht Resume
Harry Hecht ResumeHarry Hecht Resume
Harry Hecht Resume
 
Situational analysis, Business strategy and BCG matrix
Situational analysis, Business strategy and BCG matrixSituational analysis, Business strategy and BCG matrix
Situational analysis, Business strategy and BCG matrix
 
The Marketing Assessment
The Marketing AssessmentThe Marketing Assessment
The Marketing Assessment
 
Resume
ResumeResume
Resume
 
Strategic Planning And Budgeting Part 1: Business Model and Strategy
Strategic Planning And Budgeting Part 1: Business Model and StrategyStrategic Planning And Budgeting Part 1: Business Model and Strategy
Strategic Planning And Budgeting Part 1: Business Model and Strategy
 
UW Deloitte Case Competition 2014 (Solution by Team Saturn)
UW Deloitte Case Competition 2014 (Solution by Team Saturn)UW Deloitte Case Competition 2014 (Solution by Team Saturn)
UW Deloitte Case Competition 2014 (Solution by Team Saturn)
 
2013 Alliance Best Practices Resarch
2013 Alliance Best Practices Resarch2013 Alliance Best Practices Resarch
2013 Alliance Best Practices Resarch
 
Strategic Marketing Plan Powerpoint Presentation Slides
Strategic Marketing Plan Powerpoint Presentation SlidesStrategic Marketing Plan Powerpoint Presentation Slides
Strategic Marketing Plan Powerpoint Presentation Slides
 
Shared Value in the Pharmaceutical Industry
Shared Value in the Pharmaceutical IndustryShared Value in the Pharmaceutical Industry
Shared Value in the Pharmaceutical Industry
 
Alliance Lifecycle Framework
Alliance Lifecycle FrameworkAlliance Lifecycle Framework
Alliance Lifecycle Framework
 
Towards strategic learning and development - oeb2009
Towards strategic learning and development  - oeb2009Towards strategic learning and development  - oeb2009
Towards strategic learning and development - oeb2009
 

Ähnlich wie Book Industry Study Group Webinar: Technology Spending in Book Publishing

Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002
Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002
Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002Michael Cairns
 
Publishing Predictions 2010: Cloudy with a chance of alarm
Publishing Predictions 2010: Cloudy with a chance of alarmPublishing Predictions 2010: Cloudy with a chance of alarm
Publishing Predictions 2010: Cloudy with a chance of alarmMichael Cairns
 
Edtech 2017 Market Overview, Publishers Forum Berlin
Edtech 2017 Market Overview, Publishers Forum BerlinEdtech 2017 Market Overview, Publishers Forum Berlin
Edtech 2017 Market Overview, Publishers Forum BerlinMichael Cairns
 
Analytics in action - How Marketelligent helped increase customer engagement ...
Analytics in action - How Marketelligent helped increase customer engagement ...Analytics in action - How Marketelligent helped increase customer engagement ...
Analytics in action - How Marketelligent helped increase customer engagement ...Marketelligent
 
Responsive Web Design Workshop, Frankfurt Bookfair 2013
Responsive Web Design Workshop, Frankfurt Bookfair 2013Responsive Web Design Workshop, Frankfurt Bookfair 2013
Responsive Web Design Workshop, Frankfurt Bookfair 2013Michael Cairns
 
Verrochi professional portfolio
Verrochi professional portfolioVerrochi professional portfolio
Verrochi professional portfolioverrochi
 
Korea Publishing Conference 2010: The United States of Publishing Status and ...
Korea Publishing Conference 2010: The United States of Publishing Status and ...Korea Publishing Conference 2010: The United States of Publishing Status and ...
Korea Publishing Conference 2010: The United States of Publishing Status and ...Michael Cairns
 
Infographics related to: Team, Scrum Master and Product Owner by Bala Guntipalli
Infographics related to: Team, Scrum Master and Product Owner by Bala GuntipalliInfographics related to: Team, Scrum Master and Product Owner by Bala Guntipalli
Infographics related to: Team, Scrum Master and Product Owner by Bala GuntipalliBala Guntipalli ♩ MBA
 
Partner Program for Tech Startups - and not only
Partner Program for Tech Startups - and not onlyPartner Program for Tech Startups - and not only
Partner Program for Tech Startups - and not onlyJustyna Bak
 
Evergreen Partners Review 110907 Hw
Evergreen Partners Review 110907 HwEvergreen Partners Review 110907 Hw
Evergreen Partners Review 110907 Hwevergreen28
 
Architecting multi sided business 2
Architecting multi sided business 2Architecting multi sided business 2
Architecting multi sided business 2Richard Veryard
 
Go-to-Market in the Cloud Trends and Challenges
Go-to-Market in the Cloud Trends and ChallengesGo-to-Market in the Cloud Trends and Challenges
Go-to-Market in the Cloud Trends and ChallengesLeahanne Hobson
 
7 Questions to Ask Your Prospective Outsourced Product Development Vendor
7 Questions to Ask Your Prospective Outsourced Product Development Vendor7 Questions to Ask Your Prospective Outsourced Product Development Vendor
7 Questions to Ask Your Prospective Outsourced Product Development Vendortrigentsoftware
 
Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing Pentaho
 
CI 2.0 - Competitive Innovation Intelligence
CI 2.0 - Competitive Innovation IntelligenceCI 2.0 - Competitive Innovation Intelligence
CI 2.0 - Competitive Innovation IntelligenceArik Johnson
 
Strategic audit hp
Strategic audit   hpStrategic audit   hp
Strategic audit hpFabiha Juveria
 
Growth Strategies Across the Product Lifecycle
Growth Strategies Across the Product LifecycleGrowth Strategies Across the Product Lifecycle
Growth Strategies Across the Product LifecyclePaul Morgan
 

Ähnlich wie Book Industry Study Group Webinar: Technology Spending in Book Publishing (20)

Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002
Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002
Building an Intelligent Supply Chain Frankfurt Supply Chain Interests Group 2002
 
Publishing Predictions 2010: Cloudy with a chance of alarm
Publishing Predictions 2010: Cloudy with a chance of alarmPublishing Predictions 2010: Cloudy with a chance of alarm
Publishing Predictions 2010: Cloudy with a chance of alarm
 
Edtech 2017 Market Overview, Publishers Forum Berlin
Edtech 2017 Market Overview, Publishers Forum BerlinEdtech 2017 Market Overview, Publishers Forum Berlin
Edtech 2017 Market Overview, Publishers Forum Berlin
 
Analytics in action - How Marketelligent helped increase customer engagement ...
Analytics in action - How Marketelligent helped increase customer engagement ...Analytics in action - How Marketelligent helped increase customer engagement ...
Analytics in action - How Marketelligent helped increase customer engagement ...
 
Responsive Web Design Workshop, Frankfurt Bookfair 2013
Responsive Web Design Workshop, Frankfurt Bookfair 2013Responsive Web Design Workshop, Frankfurt Bookfair 2013
Responsive Web Design Workshop, Frankfurt Bookfair 2013
 
The new super competitors
The new super competitorsThe new super competitors
The new super competitors
 
The new super competitors
The new super competitorsThe new super competitors
The new super competitors
 
Verrochi professional portfolio
Verrochi professional portfolioVerrochi professional portfolio
Verrochi professional portfolio
 
Korea Publishing Conference 2010: The United States of Publishing Status and ...
Korea Publishing Conference 2010: The United States of Publishing Status and ...Korea Publishing Conference 2010: The United States of Publishing Status and ...
Korea Publishing Conference 2010: The United States of Publishing Status and ...
 
Infographics related to: Team, Scrum Master and Product Owner by Bala Guntipalli
Infographics related to: Team, Scrum Master and Product Owner by Bala GuntipalliInfographics related to: Team, Scrum Master and Product Owner by Bala Guntipalli
Infographics related to: Team, Scrum Master and Product Owner by Bala Guntipalli
 
Partner Program for Tech Startups - and not only
Partner Program for Tech Startups - and not onlyPartner Program for Tech Startups - and not only
Partner Program for Tech Startups - and not only
 
Evergreen Partners Review 110907 Hw
Evergreen Partners Review 110907 HwEvergreen Partners Review 110907 Hw
Evergreen Partners Review 110907 Hw
 
Architecting multi sided business 2
Architecting multi sided business 2Architecting multi sided business 2
Architecting multi sided business 2
 
Go-to-Market in the Cloud Trends and Challenges
Go-to-Market in the Cloud Trends and ChallengesGo-to-Market in the Cloud Trends and Challenges
Go-to-Market in the Cloud Trends and Challenges
 
7 Questions to Ask Your Prospective Outsourced Product Development Vendor
7 Questions to Ask Your Prospective Outsourced Product Development Vendor7 Questions to Ask Your Prospective Outsourced Product Development Vendor
7 Questions to Ask Your Prospective Outsourced Product Development Vendor
 
Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing Embedded Analytics in CRM and Marketing
Embedded Analytics in CRM and Marketing
 
CI 2.0 - Competitive Innovation Intelligence
CI 2.0 - Competitive Innovation IntelligenceCI 2.0 - Competitive Innovation Intelligence
CI 2.0 - Competitive Innovation Intelligence
 
Strategic audit hp
Strategic audit   hpStrategic audit   hp
Strategic audit hp
 
TCS.pptx
TCS.pptxTCS.pptx
TCS.pptx
 
Growth Strategies Across the Product Lifecycle
Growth Strategies Across the Product LifecycleGrowth Strategies Across the Product Lifecycle
Growth Strategies Across the Product Lifecycle
 

Mehr von Michael Cairns

Shared book Academicpub.com Publisher Partnership Deck 2011
Shared book Academicpub.com Publisher Partnership Deck 2011Shared book Academicpub.com Publisher Partnership Deck 2011
Shared book Academicpub.com Publisher Partnership Deck 2011Michael Cairns
 
High Level Overview of the Publishing Industry 2017
High Level Overview of the Publishing Industry 2017High Level Overview of the Publishing Industry 2017
High Level Overview of the Publishing Industry 2017Michael Cairns
 
The First 100 Days: A Planning Framework for the CEO
The First 100 Days: A Planning Framework for the CEOThe First 100 Days: A Planning Framework for the CEO
The First 100 Days: A Planning Framework for the CEOMichael Cairns
 
A Textbook for Publishing: Selected Articles from Personanondata
A Textbook for Publishing: Selected Articles from Personanondata  A Textbook for Publishing: Selected Articles from Personanondata
A Textbook for Publishing: Selected Articles from Personanondata Michael Cairns
 
A database of riches michael cairns
A database of riches michael cairnsA database of riches michael cairns
A database of riches michael cairnsMichael Cairns
 
Notable Posts 2008
Notable Posts 2008Notable Posts 2008
Notable Posts 2008Michael Cairns
 
State Of Google Print
State Of Google PrintState Of Google Print
State Of Google PrintMichael Cairns
 
Publishing Value Chain & Trends 1996 2000
Publishing Value Chain & Trends 1996 2000Publishing Value Chain & Trends 1996 2000
Publishing Value Chain & Trends 1996 2000Michael Cairns
 
Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...
Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...
Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...Michael Cairns
 

Mehr von Michael Cairns (10)

Blockchain
Blockchain Blockchain
Blockchain
 
Shared book Academicpub.com Publisher Partnership Deck 2011
Shared book Academicpub.com Publisher Partnership Deck 2011Shared book Academicpub.com Publisher Partnership Deck 2011
Shared book Academicpub.com Publisher Partnership Deck 2011
 
High Level Overview of the Publishing Industry 2017
High Level Overview of the Publishing Industry 2017High Level Overview of the Publishing Industry 2017
High Level Overview of the Publishing Industry 2017
 
The First 100 Days: A Planning Framework for the CEO
The First 100 Days: A Planning Framework for the CEOThe First 100 Days: A Planning Framework for the CEO
The First 100 Days: A Planning Framework for the CEO
 
A Textbook for Publishing: Selected Articles from Personanondata
A Textbook for Publishing: Selected Articles from Personanondata  A Textbook for Publishing: Selected Articles from Personanondata
A Textbook for Publishing: Selected Articles from Personanondata
 
A database of riches michael cairns
A database of riches michael cairnsA database of riches michael cairns
A database of riches michael cairns
 
Notable Posts 2008
Notable Posts 2008Notable Posts 2008
Notable Posts 2008
 
State Of Google Print
State Of Google PrintState Of Google Print
State Of Google Print
 
Publishing Value Chain & Trends 1996 2000
Publishing Value Chain & Trends 1996 2000Publishing Value Chain & Trends 1996 2000
Publishing Value Chain & Trends 1996 2000
 
Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...
Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...
Overview of Technology in Publishing: NYU Publishing Program Seminar for Chin...
 

KĂŒrzlich hochgeladen

How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfbelieveminhh
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptxRoofing Contractor
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Adnet Communications
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfwill854175
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwaitdaisycvs
 
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial WingsFalcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial WingsFalcon Invoice Discounting
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Falcon Invoice Discounting
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPanhandleOilandGas
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon investment
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Omaninstagramfab782445
 
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030tarushabhavsar
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...NadhimTaha
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...daisycvs
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165meghakumariji156
 
Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance managementVaishnaviGunji
 

KĂŒrzlich hochgeladen (20)

How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial WingsFalcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial Wings
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in OmanMifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
Mifepristone Available in Muscat +918761049707^^ €€ Buy Abortion Pills in Oman
 
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030Over the Top (OTT) Market Size & Growth Outlook 2024-2030
Over the Top (OTT) Market Size & Growth Outlook 2024-2030
 
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...joint cost.pptx  COST ACCOUNTING  Sixteenth Edition                          ...
joint cost.pptx COST ACCOUNTING Sixteenth Edition ...
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
 
Power point presentation on enterprise performance management
Power point presentation on enterprise performance managementPower point presentation on enterprise performance management
Power point presentation on enterprise performance management
 

Book Industry Study Group Webinar: Technology Spending in Book Publishing

  • 1. Michael Cairns Managing Partner Information Media Partners Technology Spending in Book Publishing
  • 2. Introduction Michael Cairns is a publishing and media executive with over 25 years experience in business strategy, operations and technology implementation. As a business executive, Mr. Cairns has successfully managed several troubled and under- performing businesses, creating new business opportunities, developing new funding sources and enhancing shareholder value for investors. His years spent as an operating executive have largely been with brand-name publishing companies such as Macmillan, Inc., Berlitz International, Wolters Kluwer Health, Reed Elsevier and R.R. Bowker. As a consultant, Mr. Cairns has worked with clients as diverse as AARP, Hewlett Packard, InterPublic Companies and Reed Elsevier with an emphasis on business strategy, market development and corporate development. His skills and experience include:  Business and corporate strategy development and implementation  Operations management and business transformation  Traditional and digital publishing and operations  Print-to-digital transformation and adoption of new business models  Software development and software services Mr. Cairns holds an MBA (Finance) from Georgetown University and a BA from Boston University. He has served on several boards and advisory groups including the Association of American Publishers, Book Industry Study Group and the International ISBN organization. Additionally, he has public and private company board experience. 2 Michael Cairns Information Media Partners Strategy Consulting New York, London, Melbourne Tel: 908 938 4889 Michael.cairns@infomediapartners.com Find me: LinkedIn
  • 3. Information Media Partners Michael Cairns established Information Media Partners in 2006 as a boutique strategy consulting firm focused on the information and education publishing segment. The work conducted by the firm includes product development, corporate development, sales management and corporate reorganizations. We work with established businesses, private equity owners and potential acquirers. Examples of our work include:  Reorganized and re-focused a $25 million software publishing company by aligning business operations with client priorities; implementing internal collaboration tools and project management standards; re-building executive team to focus on effective and efficient management  Defined a new business strategy for a large non-profit association and advocacy group, expanding their business model into global markets to exploit their core knowledge and expertise across a broader market  Led an information technology capabilities review at a large international advertising holding company. Completed over 200 interviews in 15 international offices and multiple group focus sessions to define the operational ‘gaps’ between existing agency capabilities and those necessary and important for client delivery by region  Completed a sales management effectiveness review for a global software company and defined six key project initiatives to improve sales effectiveness, market development and account management We approach our client engagements in a standardized, logical manner which creates the best environment to identify key business drivers, administrative and logistical road blocks and/or product or market definition issues. Our investigative approach leads to better insights into your businesses and supports the development of workable solutions and recommendations for success. Visit the Information Media Partners website for more information. Sample Client List
  • 4. Overview of today’s webinar  Technology spending segments  Market dynamics  Trends in technology investments  Recommendations for buyers  Implications for software (solutions) providers
  • 5. Today’s webinar participants  Michael Cairns  CEO, Information Media Partners  Brian O’Leary  Executive Director, BISG 5
  • 6. BISG: An overview Mission Vision Values Objectives 6 To create a more informed, empowered and efficient book industry To serve as publishing’s primary resource for addressing issues that affect more than one part of the supply chain ‱ Focus ‱ Shared solutions ‱ Results orientation ‱ Best in class ‱ Collaborative ‱ Information ‱ Standards ‱ Research ‱ Community
  • 7. BISG Objectives Objective Detail Information Establish BISG as the “information hub” for the book industry supply chain. Standards Foster the development, refinement and use of standards that improve revenue, promote product visibility, reduce costs and ensure transparency across the book industry supply chain in the U.S. and across global markets. Research Shape the conversation about the current state and future of book publishing by studying and communicating about emerging topics, issues and trends that affect the book industry. Community Maintain relevance by growing a diverse membership base that reflects the various segments and participants of the book industry supply chain. 7
  • 8. Technology spending overview  ERP solutions  Contracts, rights, and royalties  Title management  Editorial and production  Content management 8
  • 9. ERP solutions Type Examples Large, cross-industry SAP, Oracle, Microsoft Dynamics Mid-tier, cross-industry Iptor, Infor, Sage, Epicor, Unit4 Large publishers Klopotek, Advantage, Virtusales Mid-tier publishers Firebrand, Ingenta, knk, Media Services Group, others Smaller publishers CWC Software, Bookflow, Ribbonfish, among others 9
  • 10. Contracts, rights, and royalties Type Examples Large global media companies Fadel, Lumina Datamatics, Vistex, among others Focus on publishers/smaller companies Metacomet, RoyaltyShare, Eclipse, Dashbook, among others 10 The market for rights information solutions is much larger than book publishing and can extend to companies not considered part of global media or publishing. This makes the need for standards that align with other markets a cost-effective option for book publishing firms.
  • 11. Title management (examples)  Supadu  BooksONIX  ONIXSuite (GiantChair)  Stison  ONIXEdit  BookEngine  Netread 11
  • 12. Editorial and production  ScholarOne  Aries  Open Monograph  RSI (Orbis)  Arpha  Inera  Blanchard 12  Submittable  PressBooks  Typefi  Publish One  Seinet  Pagemajik  Deanta
  • 13. Content management  Atypon  VitalSource  PubFactory  Ingenta  SilverChair  Ixxus (CCC) 13  Exact Editions  Highwire  Tizra  iPublish Central  Project Muse  ScholarStar
  • 14. Market dynamics  Rapid migration to content subscription models challenges legacy systems, processes  Providers are small (< $25 million/year)  Fragmented market  Finite avenues for funding and investment  Forcing providers to retool  Short-term cash drain  Longer term: beneficial for those who invest 14
  • 15. Technology spending  In aggregate, publishing tech spending as a share of revenue matches other industries  Top 60 publishers measured  Compared to much larger industries  Harder to break down spending on legacy vs. new investments  Market demands pushing publishers to integrate product development with tech investments 15
  • 16. Technology investment trends  Deliver purpose-built products across markets  Extract operational intelligence across systems (goals: efficiency and effectiveness)  Apply robotic process automation (RPA) and AI to remove costs that don’t tie to value  Build/expand an intelligent network  Partners, customers, suppliers, and more 16
  • 17. Investment preferences  Modular ‘assembly’ solutions; rapid implementation  Quantifiable business benefits delivered early in the project timetable  Cloud and mobile-first capabilities  Compare to Amazon’s tech stack  Standard API architecture seen as ‘best in class’
  • 18. Recommendations for buyers  Understand total cost of ownership  Seek open-technology solutions (connectivity)  Know a vendor’s road map; look for partners who can “future proof” their solutions  Understand infrastructure, disaster recovery, business continuity before you buy  The more fractured the market, the more standard you want you implementation to be 18
  • 19. Recommendations for providers  Think broadly about your competitive set  Not always the usual suspects  Invest in sales and marketing support  Be clear about business benefits, levels of support  Think about partners  Consolidation might be good for both the consolidated and the industry 19
  • 20. Michael Cairns Managing Partner Information Media Partners Thank you - Questions
  • 21. About the report  “Market Survey of ERP and CMS Software Solutions for Publishing Companies – 2019”  Link below (*) or search for the report  Available now  Use purchase code THANKS2019 for the BISG discount 21 * http://bit.ly/PUBTECH2019