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Concept
Packt
Summary
Packt is a publishing company founded in 2003 and headquartered in Birmingham, UK, with offices in Mumbai, India.
Packt primarily publishes print and electronic books and videos relating to information technology, including programming, web design, data analysis and hardware.
Alongside traditional publishing activities, Packt supports and promotes open source projects and concepts. In March 2011, following its 'Believe in Open Source campaign' Packt announced that its donations to open source projects have exceeded $300,000.
Founded in 2003 by David and Rachel Maclean, Packt Publishing provides books, eBooks, video tutorials, and articles for software engineers, web developers, system administrators and users. The company states that it supports and publishes books on smaller projects and subjects that standard publishing companies cannot make profitable. The company's business model, which involves print on demand publishing and selling direct, enables it to make money selling books with lower unit sales. The aim of this business model is to give authors high royalty rates and the opportunity to write on topics that standard publishers tend to avoid.
In 2018 Packt's revenue reached 18.4 million pounds, a 28% increase over the previous year, attributed to increased market share over the period.
In 2019 Packt stated it had published 6,500 books over its 16 years of operation.
Packt offers printed version of their books shipped to Europe, North America and selected Asian countries. In addition, they offer PDF versions of all of their books for download and in August 2010 began offering them in ePub and Mobi format. These eBooks were made free from digital rights management in March 2009. Packt books are also available via the Perlego platform, while some (but not all) are accessible on the Safari Books Online system.
In April 2010, Packt launched two new brands, Packt Enterprise and Packt Open Source, with the release of Microsoft Silverlight 4 Data and Services Cookbook and Moodle 1.9 Theme Design.
Official source
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