3M is focusing on expansion and the development of new technologies as an avenue of growth during 2015. The company will be previewing some of the new product features for the 3M Cloud Library App and the SelfCheck terminals at the upcoming ALA mid-winter conference.
3M’s investment in new technology and talent is in response to the positive reception of its products. Over 1,000 libraries have upgraded to the 3M SelfCheck QuickConnect Interface. 3M Cloud Library customers have a 95 percent renewal rate, and a 121 percent growth in checkouts from 2013 to 2014. Additionally, 75 percent of 3M Cloud Library customers utilize two eBook systems, a testament to the value of a second system for libraries that would like to increase eBook utilization.
“Our growth and renewal rate shows that libraries are finding outstanding value in 3M Library’s offerings and technology,” said Matt Tempelis, Global Business Manager, 3M Library Systems. “Our intuitive, elegant solutions engage existing and new patrons alike.”
3M has also recently added personnel to support its growth. This includes additions to field sales representatives, portfolio managers, research & development, and technical service staff. These individuals bring tremendous industry experience to the 3M Library Systems team.
“We’re seeing so many great things in the industry, including this commitment from 3M,” said Pat Conley, library director for the Washington County Library in Minnesota. “It’s a really positive sign that big companies are seeing ongoing opportunities in serving libraries.”
Michael Kozlowski is the Editor in Chief of Good e-Reader. He has been writing about audiobooks and e-readers for the past ten years. His articles have been picked up by major and local news sources and websites such as the CBC, CNET, Engadget, Huffington Post and the New York Times.