November 30, 2006
Hoover's Pro Subscription Discontinued
This post is aimed at the members of the UIUC Library community, faculty, and students.
To the students:
You may have noticed that Hoover's Pro is asking for a password or is no longer working. It is because BEL and the Undergraduate Library made the decision not to renew the subscription.
In the past, when Hoover's was not owned by Dun & Bradstreet, the license agreement to obtain a subscription was straight forward and often, the Library just had to agree to renew. This year, Hoover's rewrote the agreement in which it presented unacceptable terms that could be detrimental to our students, faculty, and even citizens who come in to use it in the Library. It made UIUC liable for all uses of the database, but Hoover's was unwilling to be responsible for any of the accuracy of the data.
This is not acceptable. Any database with the stature of Dun and Bradstreet should be able to provide explanations of their data and be accountable for it. Additional, to put UIUC on the hotseat for any potential misuse when we cannot police our users (nor do we wish to) and turn off the database (with little notice) is not good business practice either. If Hoover's will change their language, which in fairness to them, they did budge a little, but not enough, we will reconsider renewal in the future. BELlog wishes to add that we were not mavericks in making this decision. MIT also made this decision about 2 months ago to discontinue their subscription for the same reasons
The good news that we still have access to Hoover's but one cannot generate a list of companies in the way one could in Hoovers. Via ABI/Inform Complete, there is a database called Hoover's Snapshots, and via LexisNexis, Hoover's information is still available as well.
Please see a librarian at BEL to inquire how to access Hoover's via ABI/Inform and LN, as well as exploring other company databases such as RefUSA and Career Search (for COB students only).