(29 Feb 2024) The landscape of scientific and technical publishing is undergoing a transformative evolution as major players harness the power of artificial intelligence (AI) to enhance their products and services. With a focus on improving efficiency, accuracy, and innovation, publishers are integrating AI-driven features and capabilities into their offerings, setting the stage for a new era of scholarly communication and research facilitation.
Market leader Elsevier took a significant step forward in January 2024 with the launch of Scopus AI, a groundbreaking product that revolutionizes research discovery and analysis. Scopus AI offers expanded and enhanced summaries, streamlining the identification of foundational research and leading experts. In a bid to cater to the evolving needs of research customers, Elsevier also introduced Elsevier Datasets in November 2023, providing high-quality datasets to facilitate generative AI and predictive modeling in various industries.
Meanwhile, Springer, another key player in the scientific publishing domain, made strategic moves to bolster its AI capabilities. Through acquisitions such as Slimmer AI’s Science division and AI-powered writing tool companies like Research Square and TooWrite, Springer is poised to leverage AI in its product offerings. The launch of Curie, an AI-powered writing assistant, exemplifies Springer’s commitment to enhancing scientific writing processes, particularly for non-native English speakers, and expanding the global reach of scholarly research.
The rise in scientific retractions due to fraud poses a significant challenge to publishers’ integrity efforts. Springer’s Nature journal reported a record number of retractions in 2023, exceeding 10,000. To combat scientific fraud effectively, publishers are exploring AI-driven solutions for early detection and prevention, ensuring the integrity and reliability of published research.
Simba Information’s latest report, Global Scientific & Technical Publishing 2023-2027, provides invaluable insights into the evolving market dynamics and trends shaping the scientific publishing landscape. By analyzing macro-environmental factors, growth drivers, and competitive trends, the report offers a comprehensive understanding of market shifts and emerging opportunities.
The report delves into publisher-level analysis, highlighting performance trends, publishing strategies, and product development initiatives. With a focus on M&A activity, the report uncovers critical patterns and shifts in the market structure, offering valuable guidance for stakeholders navigating the evolving publishing landscape.
As scientific and technical publishers embrace AI-driven innovations, the industry is poised for a paradigm shift towards enhanced research discovery, integrity, and accessibility. With AI at the forefront of product development initiatives, publishers are primed to empower researchers and advance scientific knowledge on a global scale.
Find out more about the report here.
