February 19, 2024

Reflecting on 2023: A Year of Growth and Collaboration

2023

 

As we navigate through the early months of 2024, it offers us a unique vantage point to not only look ahead but also reflect on the journey we embarked upon in 2023. Altum’s story last year is one of extraordinary achievements, significant milestones, and relentless pursuit of innovation. This reflection provides us with a deeper appreciation for what we’ve accomplished and a clearer vision for the future.

 

Unprecedented Business Growth

2023 stood out as a record-breaking year for Altum, with our platform welcoming more funders than ever before. This surge in participation propelled our business growth to new heights, the fastest in our company’s history. Our commitment to reinvesting in innovation underscores our dedication to pushing the boundaries of what’s possible in the research community. Additionally, our engagement in corporate philanthropy reflects our broader mission to impact society positively.

 

ORCID and Crossref: Catalysts for Connectivity

Last year marked a significant leap in adoption of ORCID IDs by 80% of applicants on ProposalCentral, enhancing connectivity and efficiency in the scientific community. The platform itself saw an influx of over 200,000 new users, expanding our vibrant community of researchers, innovators, and pioneers.

Furthermore, as a proud sponsor among the four Crossref sponsoring organizations in the Americas, we saw a 33% growth in Crossref grant DOI deposits. This achievement solidifies our role in promoting open science and amplifies our impact across the global research ecosystem.

Building on this momentum, we are excited to invite you to our upcoming webinar, ‘Advancing Research with Persistent Identifier (PID) Innovations‘, on Tuesday, February 27, 2024, at 10:00 AM ET. This session is poised to delve deeper into the transformative power of PIDs, featuring insights from leading experts at DataCite, ORCID, Crossref, and ROR. The webinar aims to illuminate how PIDs are revolutionizing research discoverability and fostering unprecedented levels of collaboration.

 

A Milestone in Grantmaking and Publications

Following the thread of connectivity and collaboration, 2023 also set a new benchmark in grantmaking and publications through ProposalCentral. The volume of new awards made last year brought our cumulative total to over $30 billion. Coupled with this financial milestone was the remarkable increase in publications associated with researchers, totaling more than 1.2 million in 2023. This 46% year-over-year growth in publications is a clear indicator of the burgeoning knowledge and discovery being facilitated through our platform.

 

Embracing the Journey Ahead

While we are well into 2024, this reflection serves as a powerful reminder of the solid foundation we have built together. It underscores the importance of looking back and gathering insights that will guide our steps forward. The achievements are stepping stones towards the greater impact we aim to achieve in the research community.

As we continue to navigate 2024, we are inspired by what we accomplished together last year. Our journey is far from over; it is evolving, driven by our commitment to innovation and collaboration. With the support of our customers and users, we look forward to building on our achievements and exploring new frontiers. Thank you for being an integral part of the journey.