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Brave New World research study garners industry support
A group of industry organisations have signed up for involvement in a ‘Brave New World’ research study organised by Kudos. The project will provide publishers,
societies and providers of related services with vital insights to shape strategies using desk research, interviews and surveys to reveal the implications of Covid-19 for research funding policy, university budgets and practices, and researchers’ workload and workflows. The project’s newest headline sponsors
are Cactus Communications, Wiley and STM, who join the Royal Society of Chemistry and Kudos in steering the project’s scope and direction. Other research partners include the American Chemical Society, American Society for Microbiology and the BMJ. Dina Mukherjee, marketing director at Cactus Communications, said: ‘For some years we have been expanding our scope of services and products for researchers. As part of this initiative, we introduced R –
researcher.life – an ecosystem of tools, solutions and support that aims to not only enable the researcher with intuitive technology for greater speed in research and publication, but also equip
them with their learning and development requirements for improved performance in academia. Brave New World is a timely project that will complement our own market intelligence, and capture how the market is shifting.’ Shari Hofer, SVP of marketing at Wiley,
explained: ‘Wiley has a 360° role in the information sector, supporting researchers as well as societies and professionals. We understand how these stakeholders are impacted by environmental drivers, such as changes in funders’ priorities, policies and processes, and the Brave New World study is one of many sources of insight we will use to shape our publishing services and support for the research community.’ Matt McKay, director of communication
at STM, said: ‘Our role in supporting the academic publishing sector means we always need to be up to speed with the latest issues. This need is acute in the case of Covid-19, which potentially represents the biggest disruption to our sector for a generation. Brave New World is well timed to provide us with critical insights into how the pandemic will affect research funding and dissemination, and how publishers need to respond.’
Wiley announces Hindawi acquisition
John Wiley & Sons has bought Hindawi for $298m. Wiley says the purchase adds ‘quality, scale and growth to the company’s open access publishing programme’. Open access is a rapidly
growing scholarly publishing model that allows peer- reviewed articles to be read and shared immediately, making important research broadly available. Hindawi has played a critical role in advancing gold open access, an OA model in which validated articles are made immediately available for reading and re- use following the payment of a publication fee. Hindawi, privately held and headquartered in London, has a portfolio of over 200 peer-reviewed scientific, technical, and medical journals,
its own publishing platform, and a low-cost infrastructure. Wiley says its acquisition of Hindawi unlocks significant and profitable new growth by tapping deeper into the fast-growing OA market and by delivering innovative publishing services to researchers, societies and institutions around the world. For the fiscal year ending December 31, 2020, Hindawi was projected to generate approximately $40m in revenue with year-on-year growth of 50 per cent. Brian Napack, Wiley CEO
and president, said: ‘The acquisition of Hindawi enables Wiley to move faster towards our goal of meeting the world’s urgent, escalating need for knowledge. Hindawi is a true pioneer in the industry, empowering researchers with
26 Research Information February/March 2021
a fully digital, user-friendly publishing process that gets life-changing, peer-reviewed discoveries out into the world faster and more efficiently.’ The addition of Hindawi’s journals doubles Wiley’s gold (pure) OA journal portfolio and will increase author retention by giving researchers more options to publish in Wiley titles, the company said, adding that Hindawi’s technology combined with Wiley’s innovative platforms and services will enhance the publishing experience for authors, editors and reviewers. The deal will also strengthen Wiley’s growing position in the global research industry, particularly in China – the fast- growing research market. Paul Peters, Hindawi’s CEO, will continue to lead Hindawi
as part of Wiley’s Research business. He said: ‘We are driven by a mission to advance openness in research, working with researchers, publishers and institutions to build a vibrant ecosystem that helps this community thrive. With Wiley’s commitment to Hindawi and OA, we are excited to accelerate scientific discovery, collaboration, and innovation to maximise the impact of research.’
Ahmed Hindawi, Hindawi’s
co-founder, said: ‘We have worked hard with our partners to build one of the world’s largest fully-OA publishing platforms. The combined strengths of Hindawi and Wiley will continue to support the evolving needs of the research community in new and innovative ways.’
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