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The State of IEEE

This report provides an overview of the state of IEEE in 2009, including the outlook for publications revenue, membership trends, conference attendance, and the transformation of web-based products. It also highlights the threats to IEEE conferences and celebrates the 125th anniversary of IEEE with various events and activities.

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The State of IEEE

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  1. The State of IEEE John Vig 2009 IEEE President and CEO Seminar at the University of Strathclyde 10 August 2009

  2. 2009 Outlook 2 • Publications Revenue • June 2009 Forecast: +$3.7M vs. 2009 Budget and +11.3M vs. 2008 Actuals. • General Membership • +8,887 members June 2009 vs. June 2008 • Students and Graduate Students are up 5,527 • Higher Grade Membership is up 3,360 • Society Membership • - 3,495 members June 2009 vs. June 2008 • Conferences • Data for 17 of the largest 59 conferences that have run indicates that attendance is down. • Five expect higher surpluses than budgeted while ten expect lower and two are projecting a loss • Forecast for these conferences, indicates a $2.1M shortfall to budget • Overall IEEE net June 2009 forecast for the year is essentially break-even and is $(0.2M) vs. the Budget. 19-Dec-19

  3. Joined us on 6 April 2009 • Ph.D., EE, Cambridge U. • IEEE Senior Member • Member for 32 years • Born in Australia • Motorola, DuPont… New ED/COO: Jim Prendergast

  4. Global Membership1995 to 2008 2008 Students: 70% in R7-10 70.8% 54.8% 45.2% 29.2% Slope ~1.2%/yr; 50:50 in 5 years

  5. * GSM Included in Student totals

  6. IEEE Publications • Record number of authors • 171K articles published in 2008 -- (32K journal + 139K conference articles) • 2 millionth article posted in Xplore in early-2009 • More people using our information • 4,300+ customer sites, worldwide, accessing our electronic packages -- >3x the ’04 number • More reading more IEEE material • >7M downloads a month from Xplore (~230,000 a day!) in 2008 • AIP and IBM journals in Xplore as of June (VDE also interested)

  7. Web-Based Products Transformed IEEE’s Pubs Revenue Stream 2000-2009B in $ millions earned $145.8 $152.4 $57.7 87% Online +19% +14% +10% +11% +10% +14% +12% +8% +5% 20% Online (Total Publications Package revenue, all media. Excludes Society-only products.)

  8. Open Access OA = providing content free of charge on the Internet OA Types: immediate, delayed, OA archiving… >3K OA journals, per www.doaj.org, including the Open Electrical & Electronics Engineering Journal (OEEE), www.bentham.org/open/toeej/ IEEE policy: authors may post own papers in OA archive w/o delay; 31% of 2005 articles & 36% of 2001 articles were OA by 2007 (e.g., via www.scholar.google.com) Per www.eprints.org/openaccess/policysignup (Sept 08): 27 Funder Mandates (US NIH, Canadian NRC, EC, UK agencies…) 22 Institutional Mandates (CERN, universities…) John Vig, 14 Nov 2008

  9. Conferences • In 2008 IEEE… • Sponsored 970 conferences • ~522 financially sponsored (52% in R7-10) • ~418 technically cosponsored (84% in R7-10) • In 62 countries • Touched >400K attendees • >130K presentations • Generated ~$130M in revenues

  10. IEEE Revenues From Operations1 2008 Operating Revenue ~$342.4 Million Finance & Other 1 Does not include Investment Returns Membership Dues Standards Membership- other Conference Events Periodicals Conference Proceedings

  11. IEEE Conference Locations… Financially Sponsored 52% held in Regions 7-10 Technically Co-Sponsored 84% held in Regions 7-10

  12. Threats to Conferences Business • Easy to start a competing conference • Easy to get IEEE technical cosponsorship (use of IEEE logo/brand); geo units are tech. cosponsoring competing “international” conferences • Easy to develop an emailing list & website • Easy to get proceedings into Xplore; but, quality control? • Sponsorship and tech cosponsorship are the same to most people; both are an “IEEE conference.” • Number of conferences is growing rapidly, but…

  13. IEEE… Celebrating 125 Yearsof Engineering the Futurewww.ieee125.org

  14. Engineering the future Event Series • Eight Key Celebrations Bringing Together Members, Volunteers, and Customers • Munich, Germany 27 April • Austin, Texas, USA 30 April • Boston, Massachusetts, USA 11 May • Beijing, China 8 June • Bangalore, India 29 August • San Jose, California, USA 16 September • London, UK 6 October • Tokyo, Japan 30 October

  15. 125th Anniversary Activities Additional celebrations and activities around the world throughout 2009 • IEEE Sections, Societies, Chapters, Student Branches, Affinity Groups - Examples: • Over 200 Sections pledged to celebrate locally • IEEE 125th Anniversary R10 Student Congress • GOLD “Pass Along” Video • PES celebrates PES and IEEE 125th • Members say Happy Anniversary on YouTube & FaceBook

  16. Students Create Solutions to Real World Problems • Individual IEEE Student Members or teams led by Student Members • Entries accepted • 1 Sept 08 to 28 Feb 09 • Prizes funded through Life Member fund IEEE Presidents’ ‘Change the World’ Competition 200 entries Initial judging by SAC chairs; final selection by three P’s. Top Prize: US$10,000 Presented at the 2009 Honors Ceremony 2009-2010 contest just started

  17. IEEE Reserves $(Millions)

  18. So why “so much”reserves? • Why does IEEE need “so much” in reserves? • Long-term protection and preservation of the IEEE • Cover deficits resulting from pandemic (SARS was a warning), severe economic downturns (lower conference registrations…) • Investments - new strategic programs and large-scale operational improvements (e.g. IEEE Xplore, and new IT system have multi-$10M costs) • Weather the economic impact of a legal judgment against the IEEE

  19. Volunteers Are The Secret of IEEE’s Successes… How many volunteers in IEEE?

  20. Volunteer Resources “arithmetic”>200K is a safe number because...

  21. Volunteers Live Longer! • “It is one of the beautiful compensations of life, that no man can sincerely help another without helping himself.” Ralph Waldo Emerson • Studies show that volunteers live longer, and healthier lives. (Google “Volunteers live longer” or “Health benefits of volunteering” for examples of the numerous studies*.) * “The Health Benefits of Volunteering: A Review of Recent Research,” published in 2007 by the U.S. Corporation for National and Community Service.

  22. Thank You!

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