Diversified Content Offering Baker & Taylor provides an extensive portfolio of products across print, digital, movies, and music, making it a comprehensive one-stop shop for libraries seeking diverse media solutions. Sales efforts can focus on expanding their digital download and multimedia offerings to meet growing demand from modern libraries.
Recent Asset Divestments The company recently sold key assets including collectionHQ and faced significant restructuring with layoffs and sale of assets to Valsoft. This indicates a strategic shift that opens opportunities for competitors or partners to fill gaps in software and content services.
Growing Digital and Learning Initiatives Baker & Taylor has launched programs such as children’s publishing and partnerships with platforms like Bendable for lifelong learning, highlighting a focus on digital content and educational services. There is potential to offer innovative digital learning solutions and extend educational content distribution.
Market Position and Competition Operating in a competitive landscape alongside firms like GALE and Ingram Content, Baker & Taylor’s customer base could benefit from tailored content management systems or innovative library technology solutions to enhance their digital transformation efforts.
Security and Compliance Needs Following a ransomware attack in 2022 and ongoing legal issues, Baker & Taylor may be seeking advanced cybersecurity, compliance, and dispute resolution solutions. These areas present opportunities for security vendors to engage with the company to mitigate future risks.