Sunnyvale, CA (PRWEB) February 7, 2011
DeepDyve (http://www.deepdyve.com) today announced that it closed the 2010 calendar year with strong growth marked by an ever-increasing number of publisher partners, as well as a rapidly expanding subscriber base. All told, traffic, subscribers and article rentals grew by more than 500 percent. This early market traction begins to demonstrate: first, that there is a sizable, unmet need for individual researchers and small-medium business users who are not affiliated with a major institution and cannot therefore access this critically important research information; and second, that DeepDyve’s online rental service meets these needs by conveniently aggregating this hard-to-get-to information all in one site, and by making it affordable to read the full article for as little as $0.99.
“As a young company with a brand new service, we are extremely pleased with our progress in 2010,” said William Park, CEO of DeepDyve. “Our growth across every important metric accelerated each quarter, and we expect to carry that momentum throughout 2011.”
DeepDyve makes it easy and affordable for individuals and small business users to access premium content that is vital to their professional and personal interests. The company is the premier one-stop shop for the tens of millions of so-called “knowledge workers” who seek authoritative research in the fields of Life Sciences, Social Sciences, Physical Sciences, and more. Over the past year, DeepDyve took a giant step toward this goal by adding more than 2 million articles to its rental service across a variety of subject areas. Here is a partial list of publishers and their respective journals added last year:
American Institute of Physics: 13 Physical Sciences journals including Journal of Applied Physics, Physics Today, Journal of Renewable and Sustainable Energy.
American Physical Society: 13 journals featuring Physics and Physical Review.
Association for Computing Machinery: Over 100 computer and IT journals including Communications of the ACM and all other ACM journals.
Emerald Group Publishing Limited: Over 175 Social Sciences journals including Journal of Business Strategy, Journal of Consumer Marketing, Education + Training, Social Responsibility Journal, Studies in Economics and Finance and more.
Nature Publishing Group: Life Sciences journals including Nature, Nature Biotechnology, Nature Cell Biology, Nature Chemical Biology, and Nature Medicine.
University of California Press: Over 45 Life and Social Sciences journals including Bioscience, Gastronomica, Film Quarterly, Law and Literature and more.
Walter de Gruyter: Over 100 Sciences and Economics journals including Advances in Geometry, Biological Chemistry, Theoretical Linguistics and more.
Wiley-Blackwell: 26 Sciences and Technology journals including American Journal of Medical Genetics, Journal of Cellular Physiology, Journal of Pharmaceutical Science and more.
“Publishers have been receptive to working with us for a number of reasons, chief among them that we introduce them to new readers outside of their existing customer base with an offering that is distinctly different than their traditional products,” said William Park, CEO of DeepDyve. “The publishing landscape will continue to transform in the years to come with new users and markets, as well as new devices and platforms. We believe DeepDyve is well-positioned to capture these opportunities with our partners.”
Early 2011 promises continued growth, evidenced by the recent announcements that both Nature Publishing Group and Springer will be joining the DeepDyve rental program with over 100 journals in the fields of biomedical, public health, business and economics. In addition, DeepDyve has several other prominent publishers signed and their content will be available in the coming months.
Join the DeepDyve Movement
DeepDyve now offers the world’s largest online rental service for professional and scholarly research articles. With DeepDyve, users can rent articles for as little as $0.99 and cancel at any time. To try a free 14-day trial, simply register in three simple steps.
Publishers interested in making their journals rentable via DeepDyve are encouraged to contact the company to learn more about the many options available to them. DeepDyve’s licensing team works closely with publishers to broaden their potential audience and provide a path to attract and convert those customers with very little burden on the publisher. DeepDyve is committed to preserving publishers’ existing customer base while aggressively seeking to expand readership.
DeepDyve was founded in 2005 by scientists who shared the vision of simplifying the research process. Through direct collaboration with the industry’s most prominent and well-respected publishers, the company now offers the world’s largest online rental service for scientific and scholarly research with millions of articles from thousands of authoritative journals. DeepDyve is headquartered in Sunnyvale, California with offices in Shanghai, China. The company is privately held and backed by high-profile angel investors.
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