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Illustration: IKON Images/Adobe Stock The library technology industry is at a critical juncture, driven by uncertainties in funding and disruptions in technology, particularly around artificial intelligence (AI). Business transitions have included changes in executive leadership, acquisitions, and new ownership. Despite these shakeups, most vendors advanced along their development road maps, with some launching new or […]
Author Alex Segura signs copies of Dick Tracy at the Hoopla booth. Rebecca Lomax/American Libraries Although libraries are currently facing a climate of political and financial upheaval, that didn’t stop information professionals from showing up in force to the American Library Association’s (ALA) 2025 Annual Conference and Exhibition (June 26–30). The conference brought 14,292 registrants […]
Illustration: ©Timurock/Adobe Stock The library technology industry showed its maturity in 2024. Businesses have become increasingly stable and robust products delivered rich functionality. But decades of consolidation have created a narrower slate of competitors, resulting in a smaller number of products available for each type and size of library. The marketplace is seeing more specialized […]
Illustration: Jacob Stead The library technology industry had a quiet year in 2023. But in the absence of major business moves and acquisitions, companies set their sights on executing strategies to strengthen their market position. Previous cycles of business consolidation have yielded a layered landscape with distinct levels of competition. At the top, a handful […]
Illustration: ©Good Studio/Adobe Stock In recent years, business acquisitions have brought high-stakes changes to the library technology industry, creating seismic shifts in the balance of power. But other events in 2022—primarily advances in open source software—have even bigger implications for the market. Although proprietary products continue to dominate, open source alternatives are becoming increasingly competitive. […]
Illustration: Tom Deja Events of the last year have reshaped the library technology industry. Previous rounds of acquisitions pale in comparison to the acquisition of ProQuest by Clarivate, which has propelled the leading library technology provider into the broader commercial sector of scholarly communications. This deal signals that the gap in size among vendors is […]
