Company Overview
WT Cox Information Services is a leading provider of subscription services for academic, public, medical, special, government, and school libraries. Located in Shallotte, North Carolina, the company has established a strong reputation over its 45-year history for providing exemplary service and seamless subscription management.
- Headquarters: 201 Village Road, Shallotte, NC, 28470
- Phone: 800-571-9554
- Website: [WT Cox Information Services](https://www.wtcox.com)
- Founded: 1974
- CEO: Michael Cox
Services and Products
WT Cox delivers a wide array of services, including cost-effective subscription management and integrated solutions. The company offers proprietary tools such as the Journal Finder and eStats, which aid in monitoring journal costs. These services are complemented by partnerships, including collaborations with JSTOR and the Copyright Clearance Center, allowing WT Cox to enhance its offerings with digital and analytical tools.
Key Personnel
- Michael Cox - President/CEO: An alumnus of Wake Forest University School of Law, steering the company’s strategic initiatives.
- Tim Whisenant - Regional Vice President of Sales, Western US
- Maria Hatfield - Director of Integrated Solutions
- Peter Kolvik - Controller
- Michael Perrine - VP Sales and Marketing
- Eric Harris - Director of Information Technology
- Candace Mooney - Director of Marketing & Communications
- Debra Knox - Director of Government Sales and Contract Administration
- Tina Evans - Operations Manager
- Vanessa Hughes - Content Manager
- Jennifer Kleinberg - Assistant Manager
- Dawn Ashton - Accounting Assistant
Financials
WT Cox’s financial performance is characterized by an estimated annual revenue between $1M and $35M, with some reports stating $9M. The company employs between 39 and 76 staff, indicating an efficient revenue per employee ratio that underscores operational efficiency.
Recent Developments
The company has adapted to changes in the library services landscape by integrating digital tools such as digital magazines and Zinio for Libraries, catering particularly to the needs of K-12 schools. Strategic partnerships have further broadened their product offerings.
Competitive Landscape
WT Cox Information Services operates in a competitive marketplace alongside prominent players such as:
- Follett School Solutions: Generating an estimated $312.2 million in revenue with 1239 employees.
- Innovative Interfaces: With an annual revenue of $74.5 million.
- Ex Libris: Boasting a revenue of $227.4 million.
- SirsiDynix: With revenues of $80.5 million.
- Springshare: Estimated revenue at $35 million, similar to WT Cox.
Market Position
WT Cox focuses intensely on customer satisfaction through tailored solutions specific to library needs, maintaining a niche presence despite facing competition from significantly larger companies.
Business Insights and Growth
With a keen focus on efficiency, WT Cox boasts a revenue-per-employee ratio of approximately $555,556. The company could pursue growth by exploring acquisitions, mergers, or diversifications into related markets, which could unlock new potential. The competitors’ strategies in expansion highlight pathways that WT Cox might consider to enhance its market presence and capitalize on emerging opportunities.
