Elsevier Inc.

Elsevier () is a Dutch academic publishing company specializing in scientific, technical, and medical content. Its products include journals such as ''The Lancet'', ''Cell'', the ScienceDirect collection of electronic journals, '' Trends'', the '' Current Opinion'' series, the online citation database Scopus, the SciVal tool for measuring research performance, the ClinicalKey search engine for clinicians, and the ClinicalPath evidence-based cancer care service. Elsevier's products and services also include digital tools for data management, instruction, research analytics and assessment.

Elsevier is part of the RELX Group (known until 2015 as Reed Elsevier), a publicly traded company. According to RELX reports, in 2021 Elsevier published more than 600,000 articles annually in over 2,700 journals; as of 2018 its archives contained over 17 million documents and 40,000 e-books, with over one billion annual downloads.

Researchers have criticized Elsevier for its high profit margins and copyright practices. The company earned £942 million in profit with an adjusted operating margin of 37% in 2018. Much of the research that Elsevier publishes is publicly funded; its high costs have led to accusations of rent-seeking, boycotts, and the rise of alternate avenues for publication and access, such as preprint servers and shadow libraries.

History

Elsevier was founded in 1880 and adopted the name and logo from the Dutch publishing house Elzevir that was an inspiration and has no connection to the contemporary Elsevier. The Elzevir family operated as booksellers and publishers in the Netherlands; the founder, Lodewijk Elzevir (1542–1617), lived in Leiden and established that business in 1580. As a company logo, Elsevier used the Elzevir family's printer's mark, a tree entwined with a vine and the words ''Non Solus'', which is Latin for "not alone". According to Elsevier, this logo represents "the symbiotic relationship between publisher and scholar".

The expansion of Elsevier in the scientific field after 1945 was funded with the profits of the newsweekly ''Elsevier'', which published its first issue on 27 October 1945. The weekly was an instant success and very profitable. The weekly was a continuation, as is stated in its first issue, of the monthly ''Elsevier'', which was founded in 1891 to promote the name of the publishing house and had to stop publication in December 1940 because of the German occupation of the Netherlands.

In May 1939 Klautz established the Elsevier Publishing Company Ltd. in London to distribute these academic titles in the British Commonwealth (except Canada). When the Nazis occupied the Netherlands for the duration of five years from May 1940, he had just founded a second international office, the Elsevier Publishing Company Inc. in New York.

In 1947, Elsevier began publishing its first English-language journal, '' Biochimica et Biophysica Acta''.

In 1971 the firm acquired Excerpta Medica, a small medical abstract publisher based in Amsterdam. As the first and only company in the world that employed a database for the production of journals, it introduced computer technology to Elsevier. In 1978 Elsevier merged with Dutch newspaper publisher NDU, and devised a strategy to broadcast textual news to people's television sets through Viewdata and Teletext technology.

In 1979 Elsevier Science Publishers launched the Article Delivery Over Network Information System (ADONIS) project in conjunction with four business partners. The project aims to find a way to deliver scientific articles to libraries electronically, and would continue for over a decade. In 1991, in conjunction with nine American universities, Elsevier's The University Licensing Project (TULIP) was the first step in creating published, copyrighted material available over the Internet. It formed the basis for ScienceDirect, launched six years later. In 1997, after almost two decades of experiments, ScienceDirect is launched as the first online repository of electronic (scientific) books and articles. Though librarians and researchers were initially hesitant regarding the new technology, more and more of them switched to e-only subscriptions.

In 2004, Scopus was launched. The abstract database covers journals and books from various publishers, and measures performance on both author and publication levels. In 2009 SciVal Spotlight was released. This tool enabled research administrators to measure their institution's relative standing in terms of productivity, grants, and publications .

In 2013, Elsevier acquired Mendeley, a UK company making software for managing and sharing research papers. Mendeley, previously an open platform for sharing of research, was greatly criticized for the sale, which users saw as acceding to the " paywall" approach to research literature. Mendeley's previously open-sharing system now allows exchange of paywalled resources only within private groups. ''The New Yorker'' described Elsevier's reasons for buying Mendeley as two-fold: to acquire its user data, and to "destroy or coöpt an open-science icon that threatens its business model".

Company statistics

, researchers submitted over 1.8 million research papers to Elsevier-based publications. Over 20,000 editors managed the peer review and selection of these papers, resulting in the publication of more than 470,000 articles in over 2,500 journals. Editors are generally unpaid volunteers who perform their duties alongside a full-time job in academic institutions, although exceptions have been reported. In 2013, the five editorial groups Elsevier, Springer, Wiley-Blackwell, Taylor & Francis, and SAGE Publications published more than half of all academic papers in the peer-reviewed literature. At that time, Elsevier accounted for 16% of the world market in science, technology, and medical publishing. In 2019, Elsevier accounted for the review, editing and dissemination 18% of the world's scientific articles. About 45% of revenue by geography in 2019 derived from North America, 24% from Europe, and the remaining 31% from the rest of the world. Around 84% of revenue by format came from electronic usage and 16% came from print.

The firm employs 8,100 people. The CEO is Kumsal Bayazit, who was appointed on 15 February 2019. In 2018, it reported a mean 2017 gender pay gap of 29.1% for its UK workforce, while the median was 40.4%, the highest yet reported by a publisher in UK. Elsevier attributed the result to the under-representation of women in its senior ranks and the prevalence of men in its technical workforce. The UK workforce consists of 1,200 people in the UK, and represents 16% of Elsevier's global employee population. Elsevier's parent company, RELX, has a global workforce that is 51% female to 49% male, with 43% female and 57% male managers, and 29% female and 71% male senior operational managers.

In 2018, Elsevier accounted for 34% of the revenues of RELX group (£2.538 billion of £7.492 billion). In operating profits, it represented 40% (£942 million of £2,346 million). Adjusted operating profits (with constant currency) rose by 2% from 2017 to 2018. Profits grew further from 2018 to 2019, to a total of £982 million. the first half of 2019, RELX reported the first slowdown in revenue growth for Elsevier in several years: 1% vs. an expectation of 2% and a typical growth of at least 4% in the previous 5 years. Overall for 2019, Elsevier reported revenue growth of 3.9% from 2018, with the underlying growth at constant currency at 2%. In 2019, Elsevier accounted for 34% of the revenues of RELX (£2.637billion of £7.874billion). In adjusted operating profits, it represented 39% (£982m of £2.491bn). Adjusted operating profits (with constant currency) rose by 2% from 2018 to 2019.

In 2019, researchers submitted over two million research papers to Elsevier-based publications. Over 22,000 editors managed the peer review and selection of these papers, resulting in the publication of about 500,000 articles in over 2,500 journals.

In 2020 Elsevier was the largest academic publisher, with approximately 16 % of the academic publishing market and more than 3000 journals."

Market model

Products and services

Products and services include electronic and print versions of journals, textbooks and reference works, and cover the health, life, physical, and social sciences.

The target markets are academic and government research institutions, corporate research labs, booksellers, librarians, scientific researchers, authors, editors, physicians, nurses, allied health professionals, medical and nursing students and schools, medical researchers, pharmaceutical companies, hospitals, and research establishments. It publishes in 13 languages including English, German, French, Spanish, Italian, Portuguese, Polish, Japanese, Hindi, and Chinese.

Flagship products and services include VirtualE, ScienceDirect, Scopus, Scirus, EMBASE, Engineering Village, Compendex, Cell, Knovel, SciVal, Pure, and Analytical Services, The Consult series (FirstCONSULT, PathCONSULT, NursingCONSULT, MDConsult, StudentCONSULT), Virtual Clinical Excursions, and major reference works such as '' Gray's Anatomy'', ''Nelson Pediatrics'', ''Dorland's Illustrated Medical Dictionary'', '' Netter's Atlas of Human Anatomy'', and online versions of many journals including ''The Lancet''.

ScienceDirect is Elsevier's platform for online electronic access to its journals and over 40,000 e-books, reference works, book series, and handbooks. The articles are grouped in four main sections: ''Physical Sciences and Engineering'', ''Life Sciences'', ''Health Sciences'', and ''Social Sciences and Humanities''. For most articles on the website, abstracts are freely available; access to the full text of the article (in PDF, and also HTML for newer publications) often requires a subscription or pay-per-view purchase.

In 2019, Elsevier published 49,000 gratis open access articles and 370 full open access journals. Moreover, 1,900 of its journals sold hybrid open access options.

Pricing

The subscription rates charged by the company for its journals have been criticized; some very large journals (with more than 5,000 articles) charge subscription prices as high as £9,634, far above average, and many British universities pay more than a million pounds to Elsevier annually. The company has been criticized not only by advocates of a switch to the open-access publication model, but also by universities whose library budgets make it difficult for them to afford current journal prices.

For example, in 2004, a resolution by Stanford University's senate singled out Elsevier's journals as being "disproportionately expensive compared to their educational and research value", which librarians should consider dropping, and encouraged its faculty "not to contribute articles or editorial or review efforts to publishers and journals that engage in exploitive or exorbitant pricing". Similar guidelines and criticism of Elsevier's pricing policies have been passed by the University of California, Harvard University, and Duke University.

In July 2015, the Association of Universities in the Netherlands announced a plan to start boycotting Elsevier, which refused to negotiate on any open access policy for Dutch universities.

In October 2018, a complaint against Elsevier was filed with the European Commission, alleging anticompetitive practices stemming from Elsevier's confidential subscription agreements and market dominance. The European Commission decided not to investigate.

The elevated pricing of field journals in economics, most of which are published by Elsevier, was one of the motivations that moved the American Economic Association to launch the ''American Economic Journal'' in 2009.

Mergers and acquisitions

RELX Group has been active in mergers and acquisitions. Elsevier has incorporated other businesses that were either complementing or competing in the field of research and publishing and that reinforce its market power, such as Mendeley (after the closure of 2collab), SSRN, bepress/Digital Commons, PlumX, Hivebench, Newsflo, Science-Metrix, and Interfolio.

Conferences

Elsevier also conducts conferences, exhibitions, and workshops around the world, with over 50 conferences a year covering life sciences, physical sciences and engineering, social sciences, and health sciences.

Shill review offer

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