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PROMOTION: OCLC | 11
Report considers business case for
library technology investment A new report from OCLC presents the thoughts of library leaders from around the world
O
ptimizing Your Library’s Return on Technology Investment is a new report from OCLC. It documents
conversations with library leaders about the tension between delivering innovation in a fiscally challenging environment. It looks specifically at the concept of return on investment (ROI) and promotes the idea that opening up the spectrum of ‘returns’ for consideration can help build a robust business case for new library technology investment without limiting innovation. The roll-out of WorldShare
To download the paper go to
Management Services (WMS) has transformed the cooperative’s view that positive aspirational, economic and operational outcomes await libraries taking the first steps towards a new generation of library management technology. In one interview entitled ‘Optimizing
Fiscal ROI’, Rene Erlandson, Director at University of Nebraska Omaha, states: “… we selected WMS because we needed to get the best possible return on funding. We’ve reduced our server and software costs, redeployed four staff members to other areas and eliminated one FTE staff position through staff retirement, and so far we’re saving more than $150,000 annually.” The savings enabled
connect.oclc.org/ROIReportUB
the university library to deploy funding in other key areas, which have generated further returns through improved satisfaction of students
and faculty staff. Forecasting
how savings made from decommissioning legacy hardware and software might be redeployed to strategic areas like e-collections, can help build the initial case for replacing outdated library technology. ‘Optimizing Your Library’s Return on
ABOUT OCLC
For more than 45 years, OCLC has helped libraries work together in ways that get information to people more quickly worldwide are active members of this Working together, OCLC members
explore trends that shape the future and resources in ways that save time and money while improving service they magnify the impact of libraries, representing the sum of all members’
www.oclc.org uk@oclc.org
Technology Investment’ offers the reader the thoughts of library leaders from around the world as we negotiate the changing needs of our users. UB
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