The Buck Stops Here: Assessing the Value of E-Book Subscriptions at the Columbia University Libraries

Over the past four years Columbia University Libraries (CUL) has seen exponential growth in electronic book (e‐book) purchasing. These purchases have not only increased the depth and breadth of the collection, but they have also created new opportunities for remote learning and instant information access. In turn, this new push for purchasing electronic has created new demands in assessment to understand the true benefit of these resources, most notably in regards to annual e‐book subscriptions. In 2013, a new position aimed at developing an e‐book strategy for CUL was devised. Shortly thereafter, a position was created in the Science and Engineering Library Division (SEL) that focused on assessment. These two positions fall in line with CUL’s mission to support research and learning through evidence based decision making. This paper explains an assessment methodology used within the library system at CUL to evaluate the costbenefit of e‐book subscriptions. By appraising several databases, we were able to analyze cost and usage to determine the actual value of these resources. The findings yielded a savings of approximately $60,000 for the 2015 fiscal year. This is an ongoing initiative that will help us document the e‐book landscape and build data sets that will inform collection development decisions