January 20, 2022

Audio: 3M's Cloud Library Discussed on Minnesota Public Radio

From a Text Summary:

Millions of Americans now own Kindles, Nooks and other e-readers. And libraries are taking notice, expanding their collections of e-books they can loan to patrons.

That trend has 3M’s attention. The company has a long history of serving libraries. And 3M sees a big business opportunity in helping libraries build, manage and lend their collections of electronic books.


“Being a company with a strong technology history, we have an opportunity to really come in and innovate and create the best platform for libraries to lend e-books to a community,” said Tom Mercer, who is leading the marketing efforts for 3M’s Cloud Library service. At this time, e-books are just a small part of library collections. But Mercer says those collections will grow and libraries will need help managing them.

“We see a very large opportunity as libraries shift their spend from physical material to digital material,” he said. “By about 2015, a third of all books sold will be digital in the United States.”

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About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.