Global research publisher, Springer Nature, has released its annual progress report for 2022, showcasing the remarkable growth and value it has provided to researchers, authors, and editors worldwide. The report highlights the company's commitment to open access, technological advancements, and maintaining the integrity of the scientific record. Additionally, it reveals positive performance in the education segment and initiatives undertaken to support its employees during the pandemic and beyond.
With over 1.25 million open access articles published to date, Springer Nature is on track to achieve its goal of having half of its research articles available through open access by the end of 2024. Notably, open access research within its hybrid portfolio, which is part of transformative agreements, grew three times faster than research published outside such agreements.
Springer Nature's dedication to product and technology investments is evident, with a 13% year-on-year growth and a total investment of €370 million over the past three years. The publisher's platforms now support an astonishing 7.9 million downloads per day, equivalent to 92 downloads every second. Moreover, average downloads per article have increased by 80% from 2018 to 2021, leading to a significant boost in citations by over 40% during the same period. These statistics indicate a substantial increase in the impact and value researchers derive from their publications, providing them with improved visibility and recognition.
Recognizing the challenges posed by the growing volume of research published globally, Springer Nature has invested in emerging technologies such as artificial intelligence (AI) to combat fraudulent papers swiftly and effectively. By leveraging AI, the publisher aims to ensure the integrity of the scientific record and maintain high standards in scientific research and publication.
The education segment of Springer Nature experienced strong performance in 2022, driven by the reopening of schools and the resulting surge in demand for textbooks. This positive development further reinforces the publisher's commitment to supporting academic communities and providing valuable resources to students and educators.
Springer Nature also sheds light on its efforts to support its employees throughout the pandemic and beyond. Despite the challenges posed by remote work and uncertain times, the company successfully onboarded approximately 2,000 new hires in 2022. Furthermore, it dedicated over 60,000 hours to training and development, ensuring that its workforce remains skilled and adaptable. Employee networks focused on sustainability, diversity, equity, and inclusion have expanded, reflecting Springer Nature's commitment to fostering an inclusive and supportive working environment.
To address the cost of living crisis faced by many employees, Springer Nature implemented various initiatives, including additional payments and enhanced wellbeing support. One noteworthy scheme introduced by the company is the "workation" program, enabling colleagues to work from overseas for a designated period, allowing them to reunite with friends and family while maintaining productivity.
Springer Nature's annual progress report provides a transparent account of its accomplishments, commitments, and investments. Through its continued dedication to open access, technological innovation, and employee support, the publisher reaffirms its position as a leading force in research publishing, empowering researchers worldwide and advancing scientific knowledge for the benefit of society.
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