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Library Budget and Spending Trends for 2013 – Updated with Video



(L-R) Joe McKendrick, Principal Investigator, Unisphere Research; Dick Kaser, VP, Content, Information  Today (moderator), Mike Diaz, Executive Director, Marketing, ProQuest

(L-R) Joe McKendrick, Principal Investigator, Unisphere Research; Dick Kaser, VP, Content, Information Today (moderator), Mike Diaz, Executive Director, Marketing, ProQuest

For the past 3 years, ProQuest has sponsored a study of library market spending trends, which was conducted by ITI’s UniSphere division.  This special lunch session presented some of the preliminary results that will be published in the 2013 study.  To date, there have been 511 respondents to the data collection survey; additional respondents are desired.

Joe McKendrick, Principal Investigator of the research discussed a recent study by Career Cast which determined the most stressful jobs.  According to them, librarian was rated as one of the least stressful jobs! Career Cast received a number of comments on this finding, which are on their website website for comments.  Most of the comments said that the result bears no connection to current realities. Today budgets are tight, money comes from many sources, librarians must stay up with technology, oversee conversion from print to digital formats, maintain computers and technology platforms, serve as adjunct educator and as defacto career centers and small business advisers, This hardly sounds like a non-stressful job environment!

In general, the budget situation has improved slightly from last year.  We seem to be getting past the recessionary climate of the past several years.  Hardware budgets are holding steady, and there has been a substantial increase in funding for online resources.  Cloud computing is on the increase.

The greatest challenges for the future were tight budgets and keeping up with technology. New items on librarians’ wish lists are web-scale systems and 3D printers.

The study will be published later this year as part of Library Resource Guide, and respondents will receive a copy of it.  So if you have not yet contributed your data, it is not too late to do so.

 

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