Springer Nature data shows increased value for money for customers with delivery of increased publication usage and reach
Publisher’s annual progress report for 2022 shares data on its performance and information on how technology and people working together are protecting integrity as publishing volumes grow
London | Berlin | New York 28 June 2023
Data from global research publisher Springer Nature details the visibility and value it’s providing to researchers, authors and editors around the world. Its latest annual progress report, covering 2022, shows:
- Springer Nature has now published more than 1.25 million open access articles, and is on track for half of its research article output to be open access by the end of 2024.
- Open access research published in its hybrid portfolio within a transformative agreement grew three times faster than that published outside of one.
- Product and technology investments grew 13% year-on-year, and reached €370 million over the past three years.Springer Nature’s platforms now support 7.9 million downloads every day - that’s 92 every second.
- Average downloads per article are up 80% from 2018 to 2021, and average citations growing more than 40% over the same period, delivering increased impact and value for money.
- Investment in emerging technologies, including AI to spot fraudulent papers more quickly and effectively, is supporting the integrity of the scientific record as the volume of research published globally grows.
- With most pandemic restrictions lifted and children attending school in person once again, pent-up demand for textbooks led to strong performance in Springer Nature’s education segment.
CEO Frank Vrancken Peeters, says “Our role is to create global visibility for research, opening doors to discovery. We do this through our trusted brands and talented people, and by working in partnership with our communities across the research ecosystem. With this report we’re presenting our annual update on progress to transparently share how these commitments and our investments are making a difference.”
The publisher also shares how it has supported colleagues returning to offices in greater numbers during 2022, and following the pandemic. The company onboarded around 2,000 new hires last year, and dedicated over 60,000 hours to training and development. Employee networks relating to sustainability, diversity, equity and inclusion have grown in number and there have been novel ways to support people during the cost of living crisis, including additional payments, wellbeing support and a new workation scheme allowing colleagues to work from overseas for a period to enable visits to friends and family.
The full report can be accessed here - https://annualreport.springernature.com/2022/
Springer Nature opens the doors to discovery for researchers, educators, clinicians and other professionals. Every day, around the globe, our imprints, books, journals, platforms and technology solutions reach millions of people. For over 180 years our brands and imprints have been a trusted source of knowledge to these communities and today, more than ever, we see it as our responsibility to ensure that fundamental knowledge can be found, verified, understood and used by our communities – enabling them to improve outcomes, make progress, and benefit the generations that follow.
Visit: springernature.com/gp/group and follow @SpringerNature
Susie Winter | VP External Communications | Springer Nature
