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@INPROCEEDINGS{Devenney:586405,
      author       = {Devenney, Amy},
      title        = {{E}xploring the total cost of ownership},
      reportid     = {PUBDB-2023-03885},
      year         = {2022},
      abstract     = {Since 2015/2016 Jisc has been collecting institutional
                      expenditure on open access publishing, alongside the
                      subscription expenditure, to enable oversight of the total
                      cost of ownership and to more fully understand the trends in
                      open access publishing. This paper will provide an overview
                      of this exercise and offer analytical insights derived from
                      the six years of data available. It will also discuss the
                      evolution of business models since 2016 and explore the
                      impact on the exercise, particularly the increase of
                      Transitional Agreements. The paper will then discuss the
                      metrics used to evaluate the financial value of Transitional
                      Agreements, at both the sector and institutional level,
                      before concluding with an overview of our intentions to
                      re-format the existing exercise to continue capturing
                      institutional expenditure on open access publishing. The new
                      exercise intends to capture any APC expenditure outside the
                      Transitional Agreements to enable holistic oversight of
                      sector expenditure and an awareness of all the stakeholders,
                      as well as reducing the administrative burden on
                      institutions.},
      month         = {Oct},
      date          = {2022-10-05},
      organization  = {openCost: The Road to Publication Cost
                       Transparency, Hamburg (Germany), 5 Oct
                       2022 - 7 Oct 2022},
      pnm          = {899 - ohne Topic (POF4-899) / DFG project 457354095 -
                      openCost: automatisierte, standardisierte Lieferung und
                      offene Bereitstellung von Publikationskosten und
                      Verlagsvereinbarungen (457354095)},
      pid          = {G:(DE-HGF)POF4-899 / G:(GEPRIS)457354095},
      experiment   = {EXP:(DE-MLZ)NOSPEC-20140101},
      typ          = {PUB:(DE-HGF)6},
      doi          = {10.3204/PUBDB-2023-03885},
      url          = {https://bib-pubdb1.desy.de/record/586405},
}