Latest news with #ResearchSolutions'
Associated Press
10-03-2025
- Business
- Associated Press
Research Solutions Launches Clearinghouse For AI Rights To Scientific Literature
New Solution Supports Growing Demand for AI-Enabled Research & Development Market, Enabling Research Efficiency To Meet Modern Demands HENDERSON, Nev., March 10, 2025 /PRNewswire/ -- Research Solutions (NASDAQ: RSSS), a leader in AI-powered scientific research software, announces the launch of an innovative solution that allows customers to purchase legal rights to use scientific journal content within AI applications. For articles from participating publishers, AI use rights can be acquired in the same checkout flow as purchasing articles on the platform and can be purchased retroactively for articles previously purchased. With this new solution, Research Solutions establishes itself as the definitive bridge between enterprise AI capabilities and scientific content, creating new opportunities for sustainable growth while helping shape the future of research. 'This launch represents a significant milestone in our strategic growth plan, establishing a new licensing framework that addresses critical market friction in the scientific content ecosystem,' said Roy W. Olivier, CEO of Research Solutions. 'By building upon our trusted relationships with leading publishers and leveraging our unique market position, we have developed a business model that satisfies both publishers and researchers in the AI era.' Scientific literature drives billions in R&D investment annually, yet organizations and research teams face significant challenges when attempting to use copyrighted content with AI tools. Research Solutions' new solution simplifies the process of acquiring the necessary rights to use journal content, ensuring a seamless and legally compliant integration as organizations accelerate their adoption of AI-powered research methodologies. Developed based on extensive research and discussions with both publishers and customers, the solution is built around detailed business models that work for all stakeholders. By addressing the needs of copyright holders and users alike, it creates a sustainable framework for integrating AI-driven research while protecting intellectual property rights. 'The combination of generative AI and scientific data unlocks unprecedented opportunities for research. Our goal is to facilitate access to relevant literature while ensuring that publishers and authors' rights are respected including both attribution and remuneration,' said Chris Bendall, VP of Product Strategy with Research Solutions. The solution delivers multiple strategic advantages, including: Sustainable Business Models: Designed in collaboration with publishers and customers to ensure fair value distribution across all stakeholders. Publishers choose which models they wish to participate in. Legal Compliance: R&D focused organizations can mitigate risk and potential liability exposure when deploying AI across research operations. Increased Efficiency: The solution enables faster and more targeted searching, analysis, and summarization of journal articles to reduce research cycle times. Cross-Industry Application: From pharmaceuticals and engineering to business research, all industries can benefit from optimized access to scientific content. This new solution addresses a pressing need for industry researchers who want to integrate AI into their workflow for searching, analyzing, and summarizing scientific literature. Research Solutions (NASDAQ: RSSS) is a vertical SaaS and AI company that simplifies research workflow for academic institutions, life science companies, and research organizations worldwide. As one of the only publisher-independent marketplaces for scientific, technical, and medical (STM) content, the company uniquely combines AI-powered tools—including an intelligent research assistant and full-text search capabilities—with seamless access to both open access and paywalled research. The platform enables organizations to discover, access, manage and analyze scientific literature more efficiently, accelerating the pace of scientific discovery.
Yahoo
19-02-2025
- Business
- Yahoo
Research Solutions Second Quarter 2025 Earnings: EPS Misses Expectations
Revenue: US$11.9m (up 16% from 2Q 2024). Net loss: US$1.98m (loss widened by US$1.93m from 2Q 2024). US$0.065 loss per share (further deteriorated from US$0.002 loss in 2Q 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the IT industry in the US. Performance of the American IT industry. The company's shares are down 11% from a week ago. Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Research Solutions' balance sheet. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
