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Research Solutions: The Bloomberg of Scientific Research

Dec 5, 2024
Roy Olivier, President and CEO of Research Solutions, and CFO Bill Nerth join the conversation to discuss groundbreaking advancements in scientific research. They delve into the integration of AI to simplify research workflows, highlighting the transformative effects of their product, Article Galaxy. The duo also shares strategies for customer retention and reducing churn, emphasizing the importance of enhanced onboarding processes. They outline plans for future acquisitions and growth metrics, all while navigating the dynamic landscape of scientific publishing.
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ANECDOTE

Roy Olivier's Second Act

  • Roy Olivier, CEO of Research Solutions, was invited to join the company's board to help develop growth strategies.
  • He saw similarities between Research Solutions and his previous company, ARI, both dealing with content within SaaS products.
INSIGHT

Simplifying Research

  • Research Solutions helps accelerate scientific discovery by simplifying research workflows.
  • They offer tools for discovery, access, analysis, and management of scientific literature, catering to diverse industries.
INSIGHT

Dual Revenue Model

  • Research Solutions has two revenue streams: transactions (individual document purchases) and platform (cloud subscription service).
  • The platform business, with higher margins, is the primary growth driver.
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