Macmillan India - Moving With Time
Macmillan To Set Up E-Book Repository
MPS Technologies, the wholly owned subsidiary of Macmillan India (MIL), is developing Bookstore, an e-book repository where publishers can store books in their back-list and front-list in a secure digital format. The facility will also offer contents to consumers through search engines and e-commerce sites.
According to Rajiv Beri, managing director, MIL, the repository will be launched in the first quarter of 2007. A similar platform for journal publishers is also in the conceptualising stage, he said. At the moment, there are only two major players in the e-book library space - GooglePrint and Amazon’s Inside the Book.
MPS Technologies was formed by MIL in 2004 to capitalise on the emerging trends towards digitisation in the publishing industry, with specific software products and services for publishers and librarians. Currently it has two products - ScholarlyStats to provide professionals and librarians with vendor-usage statistics and PublisherStats which provides publishers with online usage data.
“MPS is where all the exciting things are happening,” said Beri. This year, the first commercial year of operations (the year before was taken up in product development), he expects MPS to do business worth Rs 35-40 crore. That’s a significant proportion of the Rs 200 crore net sales that MIL hopes to do in 2006-07.
With MPS, eMacmillan Software Services and Macmillan Information Processing Services, MIL is looking to grow its capabilities in the digital space, just as it consolidated its position in typesetting facilities of books and journals with the acquisitions of Charon Tech Pvt Ltd last year and Interactive Composition Corp earlier this year.
MPS Technologies, the wholly owned subsidiary of Macmillan India (MIL), is developing Bookstore, an e-book repository where publishers can store books in their back-list and front-list in a secure digital format. The facility will also offer contents to consumers through search engines and e-commerce sites.
According to Rajiv Beri, managing director, MIL, the repository will be launched in the first quarter of 2007. A similar platform for journal publishers is also in the conceptualising stage, he said. At the moment, there are only two major players in the e-book library space - GooglePrint and Amazon’s Inside the Book.
MPS Technologies was formed by MIL in 2004 to capitalise on the emerging trends towards digitisation in the publishing industry, with specific software products and services for publishers and librarians. Currently it has two products - ScholarlyStats to provide professionals and librarians with vendor-usage statistics and PublisherStats which provides publishers with online usage data.
“MPS is where all the exciting things are happening,” said Beri. This year, the first commercial year of operations (the year before was taken up in product development), he expects MPS to do business worth Rs 35-40 crore. That’s a significant proportion of the Rs 200 crore net sales that MIL hopes to do in 2006-07.
With MPS, eMacmillan Software Services and Macmillan Information Processing Services, MIL is looking to grow its capabilities in the digital space, just as it consolidated its position in typesetting facilities of books and journals with the acquisitions of Charon Tech Pvt Ltd last year and Interactive Composition Corp earlier this year.
posted by Raj @ 11:35 AM
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