Clarivate

{{short description|American analytics company}} {{Use mdy dates|date=November 2023}} {{Use American English|date=November 2023}} {{Infobox company | name = Clarivate Plc | logo = Clarivate Analytics logo.svg | logo_size = 230px | logo_padding = | image = 1500 Spring Garden.jpg | image_size = 230px | image_alt = | image_caption = Clarivate regional office at 1500 Spring Garden Street in Philadelphia | former_name = Clarivate Analytics | type = Public | traded_as = {{ubl|{{NYSE|CLVT}}|Russell 1000 component}} | ISIN = | predecessor = The Intellectual Property and Science business of Thomson Reuters | founded = {{Start date and age|2016|10|3}} | founder = <!-- or: | founders = --> | location = Philadelphia, United States <br /> London, United Kingdom | num_locations = | num_locations_year = <!-- Year of num_locations data (if known) --> | area_served = <!-- or: | areas_served = --> | key_people = Matti Shem Tov<ref name="auto1">{{Cite press release | title=Clarivate Appoints Former ProQuest CEO Matti Shem Tov as the Company's Next CEO | date=August 2024 | url=https://www.prnewswire.com/news-releases/clarivate-appoints-former-proquest-ceo-matti-shem-tov-as-the-companys-next-ceo-302215343.html | access-date=2024-09-18}}</ref> | products = | brands = | production = | services = {{Unbulleted list|Web of Science|EndNote|Journal Citation Reports|Derwent}} | revenue = {{Increase}} {{US$|2.66 billion|link=yes}} (2022) | operating_income = {{decrease}} –US$3.9 billion (2022) | net_income = <!-- or: | profit = --> {{decrease}} –US$4.0 billion (2022) | assets = {{decrease}} US$13.9 billion (2022) | equity = {{decrease}} US$6.81 billion (2022) | num_employees = 11,600 (2022) | parent = | divisions = | subsid = ProQuest | module = <!-- Used to embed other templates --> | ratio = <!-- Basel III ratio, for BANKS ONLY --> | rating = <!-- credit rating, for BANKS ONLY --> | website = {{URL|clarivate.com}} | footnotes = <ref>{{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1764046/000176404623000012/clvt-20221231.htm|title = Clarivate 2022 Annual Report (Form 10-K) | date=1 March 2023 |publisher=U.S Securities and Exchange Commission }}</ref> }}

'''Clarivate Plc''' ('''Clarivate''') is a British-American publicly traded analytics company operating a collection of subscription-based services in the areas of bibliometrics and scientometrics, business and market intelligence, and competitive profiling for pharmacy and biotech, patents, regulatory compliance, trademark protection, and domain and brand protection.<ref name="auto">{{Cite web|url=https://www.questia.com/magazine/1G1-491848243/clarivate-analytics-new-name-established-products|title="Clarivate Analytics: New Name, Established Products" by Ojala, Marydee – Online Searcher, Vol. 41, Issue 3, May–June 2017|website=|access-date=|archive-date=2019-09-01|archive-url=https://web.archive.org/web/20190901174626/https://www.questia.com/magazine/1G1-491848243/clarivate-analytics-new-name-established-products|url-status=dead}}</ref> Clarivate calculates the impact factor of scientific journals<ref>{{Cite web|last=O'Grady|first=Cathleen|url=https://www.science.org/content/article/journal-impact-factor-gets-sibling-adjusts-scientific-field|title=Journal impact factor gets a sibling that adjusts for scientific field|website=Science|date=2021-06-30|access-date=2021-12-05}}</ref> using data from its family of Web of Science products, including services and applications such as Publons, EndNote, and EndNote Click. Clarivate other product families are Cortellis, Decision Resources Group (DRG), CPA Global, Derwent, CompuMark, Darts-ip, and ProQuest.<ref name="auto" />

Clarivate formed in 2016, following the acquisition of Thomson Reuters' Intellectual Property and Science business by Onex Corporation and Baring Private Equity Asia.<ref name="Clarivate Onex">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Acquisition of the Thomson Reuters Intellectual Property and Science business by Onex and Baring Asia completed | agency=PR Newswire | date=2016-10-03 | url=https://www.prnewswire.com/news-releases/acquisition-of-the-thomson-reuters-intellectual-property-and-science-business-by-onex-and-baring-asia-completed-300337402.html | access-date=2019-12-03}}</ref> Since 2016, Clarivate acquired various companies, notably ProQuest in 2021.

== Company history == {{further|Thomson Scientific}} On July 11, 2016, Thomson Reuters a $3.55 billion sale of its Intellectual Property and Science business to private equity firms Onex Corporation and Baring Private Equity Asia.<ref name="Analytics 2016">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Acquisition of the Thomson Reuters Intellectual Property and Science business by Onex and Baring Asia completed | agency=PR Newswire | date=2016-10-03 | url=https://www.prnewswire.com/news-releases/acquisition-of-the-thomson-reuters-intellectual-property-and-science-business-by-onex-and-baring-asia-completed-300337402.html | access-date=2018-06-29}}</ref> The transaction was completed on October 4, 2016, and Clarivate Analytics became an independent company as a corporate spin-off.<ref>{{Cite web |title=Acquisition of the Thomson Reuters Intellectual Property and Science Business by Onex and Baring Asia Completed |url=https://clarivate.com/news/acquisition-thomson-reuters-intellectual-property-science-business-onex-baring-asia-completed/ |access-date=2023-04-26 |website=Clarivate |date=3 October 2016 |language=en}}</ref>

In May 2019, Clarivate merged with the Churchill Capital Corp SPAC to obtain a public listing on the New York Stock Exchange (NYSE),<ref name="Clarivate Churchill">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Churchill Capital Corp Completes Merger with Clarivate Analytics Plc | agency=PR Newswire | date=2016-10-03 | url=https://www.prnewswire.com/news-releases/churchill-capital-corp-completes-merger-with-clarivate-analytics-plc-300848873.html | access-date=2019-12-03}}</ref> trading under symbol CLVT.<ref>{{Cite web|title=Clarivate Plc (CLVT) |url=https://finance.yahoo.com/quote/CLVT|access-date=2021-11-16|website=Yahoo Finance|language=en-US}}</ref><ref>{{Cite web|title=Clarivate Plc to Change NYSE Ticker Symbol to "CLVT" on February 1, 2021|url=https://clarivate.com/news/clarivate-plc-to-change-nyse-ticker-symbol-to-clvt-on-february-1-2021/|access-date=2021-04-27|website=Clarivate|date=20 January 2021 |language=en-US}}</ref>

On March 11, 2022, Clarivate, which has an office in Odesa, Ukraine, announced it would cease all commercial activity in Russia following Russia's full-scale invasion of Ukraine on February 22, 2022.<ref>{{cite journal |last1=Else |first1=Holly |title=Ukrainian researchers pressure journals to boycott Russian authors |journal=Nature |date=24 March 2022 |volume=603 |issue=7902 |pages=559 |doi=10.1038/d41586-022-00718-y |pmid=35288680 |bibcode=2022Natur.603..559E |s2cid=247452826 |doi-access=free }}</ref>

=== Operations === {{as of|2023|post=,}} Clarivate conducts operations through three strategic business units: Intellectual Property Group, Life Sciences & Healthcare Group, and Academic and Government Group, each led by a president.<ref>{{cite web |last1=Brown |first1=Lauren |title=Clarivate names Veinstein as president of its Academia & Government arm |url=https://www.thebookseller.com/news/clarivate-names-veinstein-as-president-of-its-academia--government-arm |website=The Bookseller |access-date=14 January 2024 |date=April 19, 2023}}</ref><ref>{{cite web |title=Security Compliance |url=https://clarivate.com/trust-center/security-compliance/ |website=Clarivate |access-date=14 January 2024 |language=en |quote=The scope of the ISO/IEC 27001:2013 certification is limited to the information security management system (ISMS) supporting the systems, products and services provided by the Clarivate Intellectual Property Group (IPG), Life Sciences & Healthcare (LS&H) Group, and Academic and Government (A&G) Group ...}}</ref>

Clarivate has been criticized for anti-competitive practices in an already oligopolistic academic database market for increasing prices of acquired products, a lack of development and integration of acquired products, not developing its own products, outsourcing jobs from the US and UK to India, and for eliminating telephone support for many acquired products.<ref>{{cite book |doi=10.1515/9783110646610-005 |chapter=1.3 Eugene Garfield and the Institute for Scientific Information |title=Handbook Bibliometrics |year=2021 |last1=Pendlebury |first1=David A. |pages=27–40 |isbn=978-3-11-064661-0 |s2cid=235861751 }}</ref><ref>{{cite book |doi=10.1201/9781315155890-2 |chapter=Web of Science: The First Citation Index for Data Analytics and Scientometrics |title=Research Analytics |year=2017 |last1=Schnell |first1=Joshua D. |pages=15–30 |isbn=978-1-315-15589-0 }}</ref>

=== Leadership Changes === On July 11, 2022, Clarivate announced Jerre Stead's retirement and transition from Executive Chair and CEO to Non-Executive Chair. IHS Markit CFO Jonathan Gear joined Clarivate as CEO-elect on July 11, 2022, becoming CEO on September 1, 2022.<ref>{{Cite news |title=Clarivate names IHS Market exec as new boss as CEO Jerre Stead retires |url=https://seekingalpha.com/news/3855839-clarivate-names-ihs-market-exec-as-new-boss-as-ceo-jerre-stead-retires |access-date=2022-09-05}}</ref><ref>{{Cite web |title=Clarivate Announces Retirement of Chief Executive Officer Jerre Stead and Appointment of Jonathan Gear as New CEO |date=11 July 2022 |url=https://clarivate.com/news/clarivate-announces-retirement-of-chief-executive-officer-jerre-stead-and-appointment-of-jonathan-gear-as-new-ceo/ |access-date=2022-09-05}}</ref>

On September 1, 2022, Clarivate announced Jerre Stead's retirement from the Board and appointment as Chair Emeritus effective October 20, 2022.<ref name="auto1"/> On August 6, 2024, Clarivate appointed former ProQuest CEO Matti Shem Tov as CEO.<ref>{{Cite web |title=NISO |url=https://www.niso.org/niso-io/2024/08/clarivate-appoints-former-proquest-ceo-matti-shem-tov-ceo |archive-url= |access-date=9 Nov 2024}}</ref>

=== Acquisitions === * June 1, 2017: Publons, a platform for researchers to share recognition for peer review.<ref>{{cite news|last1=Page|first1=Benedicte|title=Clarivate Analytics buys Publons|url=https://www.thebookseller.com/news/clarivate-analytics-buys-publons-562691|access-date=2019-12-03|work=The Bookseller}}</ref> * April 10, 2018: Kopernio, AI startup providing capability to search for full-text versions of selected scientific journal articles.<ref name="Clarivate Kopernio">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Clarivate Analytics Acquires Research Startup Kopernio to Accelerate Pace of Scientific Innovation | agency=PR Newswire | date=2018-04-10 | url=https://www.prnewswire.com/news-releases/clarivate-analytics-acquires-research-startup-kopernio-to-accelerate-pace-of-scientific-innovation-300626878.html | access-date=2019-12-03}}</ref> * October 30, 2018: TrademarkVision, provider of Artificial Intelligence (AI) trademark research applications.<ref name="Clarivate TrademarkVision">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Clarivate Analytics to enhance AI-driven trademark research solutions with TrademarkVision acquisition | agency=PR Newswire | date=2018-10-30 | url=https://www.prnewswire.com/news-releases/clarivate-analytics-to-enhance-ai-driven-trademark-research-solutions-with-trademarkvision-acquisition-300740793.html | access-date=2019-12-03}}</ref> * September 9, 2019: SequenceBase, provider of patent sequence information and search technology for biotech, pharmaceutical, and chemical industries.<ref name="Clarivate SequenceBase">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Clarivate Analytics acquires the SequenceBase business to expand its search and analysis capabilities for the life sciences IP market | agency=PR Newswire | date=2019-09-09 | url=https://www.prnewswire.com/news-releases/clarivate-analytics-acquires-the-sequencebase-business-to-expand-its-search-and-analysis-capabilities-for-the-life-sciences-ip-market-300913749.html | access-date=2019-12-03}}</ref> * December 2, 2019: Darts-ip, provider of case law data and analytics for intellectual property (IP) professionals.<ref name="Clarivate Darts-ip">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Clarivate Analytics has Acquired Leading Provider of Intellectual Property Case Law and Analytics Darts-ip | agency=PR Newswire | date=2019-12-02 | url=https://www.prnewswire.com/news-releases/clarivate-analytics-has-acquired-leading-provider-of-intellectual-property-case-law-and-analytics-darts-ip-300966595.html | access-date=2019-12-03}}</ref> * January 17, 2020: Decision Resources Group (DRG), a leading healthcare research and consulting company, providing high-value healthcare industry analysis and insights.<ref>{{Cite web|url=https://clarivate.com/news/clarivate-analytics-to-acquire-decision-resources-group-creating-a-leading-global-provider-of-data-driven-solutions-to-the-life-sciences-industry/|title=Clarivate to acquire Decision Resources Group|date=2020-01-17|website=Clarivate Analytics|language=en-US|access-date=2020-01-17}}</ref> * June 22, 2020: CustomersFirst Now, provider of intellectual property (IP) software and tech-enabled services.<ref>{{Cite web|url=https://customersfirstnow.com/company/about-us/|title=CustomersFirst Now, Now Part of Clarivate|date=2020-06-22|website=CustomersFirst Now|language=en-US|access-date=2020-10-22}}</ref> * October 1, 2020: CPA Global, intellectual property (IP) software and tech-enabled services provider.<ref>{{Cite web|url=https://www.prnewswire.com/news-releases/clarivate-completes-acquisition-of-cpa-global-to-form-a-global-intellectual-property-powerhouse-301143831.html|title=Clarivate Completes Acquisition of CPA Global to Form a Global Intellectual Property Powerhouse |date=2020-10-01|website=Pr Newswire|language=en-US|access-date=2020-10-22}}</ref> * December 1, 2021: ProQuest, a software and data analytics provider to national academic and research institutions.<ref name="CCompletes">{{Cite web|last=Milliot |first=Jim |title=Clarivate Completes ProQuest Acquisition |url=https://www.publishersweekly.com/pw/by-topic/industry-news/industry-deals/article/88053-clarivate-completes-proquest-acquisition.html |date=2021-12-03 |access-date=2021-12-04 |website=Publishers Weekly}}</ref> * March 21, 2024: MotionHall, a Silicon Valley start-up serving the life sciences with industry vertical AI solutions. * April 23, 2024: Global QMS, Inc., expanding Clarivate's Life Sciences & Healthcare segment into new markets. * July 22, 2024: Rowan TELS, enhancing support for patent practitioners.

===Divestments=== * November 2020: Techstreet, to a subsidiary of American Society of Mechanical Engineers.<ref>{{Cite web| title = New For-Profit Subsidiary of ASME Acquires Techstreet Standards Management Business from Clarivate – ASME| accessdate = 2021-08-08| url = https://www.asme.org/about-asme/media-inquiries/press-releases/new-for-profit-subsidiary-of-asme-acquires-techstreet-standards-management-business-from-clarivate}}</ref> * November 2022: MarkMonitor to Newfold Digital.<ref>{{Cite web|url=https://www.newfold.com/newsroom/newfold-digital-completes-acquisition-of-mark-monitor|title=Newfold Digital Completes Acquisition of MarkMonitor from Clarivate|website=www.newfold.com}}</ref> MarkMonitor provided domain management, brand protection, anti-piracy, and anti-fraud services, and served as domain registrar for Google, Microsoft, Amazon, Tencent, YouTube, Wikipedia, and eBay. * April 2024: Valipat. * November 12, 2024: ScholarOne to Silverchair.<ref name="resources">{{cite web |title=Silverchair ScholarOne Acquisition Resources |url=https://www.silverchair.com/scholarone/acquisition/ |website=Silverchair |access-date=10 January 2025 |quote=On November 12, 2024, Silverchair closed our acquisition of ScholarOne Manuscripts and ScholarOne Conferences |type=Official website}}</ref>

== Products and services == === Web of Science === {{excerpt|Web of Science|only=paragraph}} {{excerpt|Web of Science|fragment=WoSCore|hat=no}}

=== ProQuest === {{main|ProQuest}} As Clarivate acquired ProQuest, various products of ProQuest are being operated under Clarivate, which encompasses products that ProQuest had taken on relatively recently, through acquisitions of its own—notably those of Innovative Interfaces: Vega, Sierra, Polaris, Millennium, and Virtua.<ref name="ClarivateProQuest">{{cite press release | title=Clarivate set to acquire Ann Arbor's ProQuest in $5.3 billion deal | url=https://www.mlive.com/news/ann-arbor/2021/05/clarivate-set-to-acquire-ann-arbors-proquest-in-53-billion-deal.html | access-date=2022-01-22}}</ref>

=== Cortellis === Cortellis comprises life science related intelligence services used to inform decision making across the drug and device development lifecycle,<ref>{{Cite web|url=https://clarivate.com/products/cortellis-family/|title=Cortellis Life Science Intelligence Solutions}}</ref> including: * Cortellis Clinical Trials Intelligence * Cortellis Competitive Intelligence * Cortellis Deals Intelligence * Cortellis Digital Health Intelligence * Cortellis Drug Discovery Intelligence * Cortellis Generics Intelligence (formerly Newport) * Cortellis Regulatory Intelligence * Chemistry, Manufacturing and Controls (CMC) Intelligence * BioWorld * MetaCore

=== Derwent === {{excerpt|Derwent World Patents Index|only=paragraph|paragraph=1}} Other database products and services used for searching and analyzing patents; IP administration and prosecution support services to support the IP lifecycle<ref>{{Cite web|url=https://clarivate.com/derwent/|title=Home|website=Derwent}}</ref> include: * Derwent Innovation * Derwent SequenceBase * Derwent Data Analyzer * GENESEQ

=== CompuMark === Information services used by brand and trademark professionals to evaluate new potential trademarks and monitor existing trademarks for infringement,<ref>{{Cite web|url=https://clarivate.com/compumark/|title=Trademark research and protection that inspires confidence|website=CompuMark}}</ref> including: * SAEGIS®, online trademark screening * TM go365, self-service trademark research application * Full Search, analyst driven trademark searching * Watching, trademark protection

=== ScholarOne ===

ScholarOne is a submission management system to allow an editor of an academic journal to manage electronic submission of authors' manuscripts for publication, to recruit reviewers of those manuscripts, to check authors' compliance with the journal's requirements, and to communicate with authors.<ref>{{cite web |title=ScholarOne |url=https://clarivate.com/products/scientific-and-academic-research/research-publishing-solutions/scholarone/#features |website=Clarivate |access-date=13 February 2023}}</ref> It was sold to the American software company Silverchair in 2024.<ref>{{cite web |last1=Schonfeld |first1=Roger C. |title=Silverchair Buys ScholarOne from Clarivate |url=https://scholarlykitchen.sspnet.org/2024/10/28/silverchair-buys-scholarone-from-clarivate/ |website=The Scholarly Kitchen |date=28 October 2024}}</ref><ref>{{cite web |title=Thompson Street Portfolio Company Silverchair Announces Agreement to Acquire Scholarone |url=https://www.businesswire.com/news/home/20241029942385/en/Thompson-Street-Portfolio-Company-Silverchair-Announces-Agreement-to-Acquire-Scholarone |website=Business Wire |access-date=January 10, 2025 |date=October 29, 2024 |type=Press release}}</ref><ref name="resources" />

== Annual lists and reports == === Highly Cited Researchers === {{Main|Highly Cited Researchers program}} Clarivate publishes an annual Highly Cited Researchers list. The list compiles "the world's most influential researchers of the past decade, demonstrated by the production of multiple highly-cited papers that rank in the top 1% by citations for field and year in Web of Science."<ref>{{Cite web|url=https://publons.com/awards/highly-cited/2019/|title=Highly Cited Researchers|website=publons.com}}</ref> According to Clarivate, researchers are selected for their "exceptional performance" in one or more of 21 fields (those used in Clarivate Essential Science Indicators, or ESI) or across several fields. The 2019 list of Highly Cited Researchers was released on November 19, 2019.<ref name="Clarivate Highly Cited Researchers 2019">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=Global Highly Cited Researchers 2019 list reveals top talent in the sciences and social sciences | agency=PR Newswire | date=2019-11-19 | url=https://clarivate.com/news/global-highly-cited-researchers-2019-list-reveals-top-talent-in-the-sciences-and-social-sciences/ | access-date=2019-12-03}}</ref>

=== Clarivate Citation Laureates === {{excerpt|Clarivate Citation Laureates|only=paragraphs|paragraphs=1}}

From 2002 to 2020, 59 individuals listed as Citation Laureates have received Nobel prizes.<ref name="Clarivate Citation Laureates 2020 Success">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate | title=Clarivate Repeats Nobel Laureate Prediction Success: Five 'Citation Laureates' Awarded 2020 Nobel Honors for Physics, Chemistry and Economics | agency=PR Newswire | date=2020-10-13 | url=https://www.prnewswire.com/news-releases/clarivate-repeats-nobel-laureate-prediction-success-five-citation-laureates-awarded-2020-nobel-honors-for-physics-chemistry-and-economics-301150925.html | access-date=2020-10-22}}</ref>

=== Journal Citation Reports === {{excerpt|Journal Citation Reports|only=paragraph}}

=== Top 100 Global Innovators Report === The annual Top 100 Global Innovators report identifies the world's most innovative organizations. These businesses have successfully developed valuable patented inventions that also have strong commercialization potential based on market reach and impact on other downstream inventions. The 2020 Top 100 Global Innovators Report was released on February 19, 2020.<ref name="Clarivate Drugs to Watch 2019">{{cite press release |author=<!--Staff writer(s); no by-line.--> | publisher=Clarivate Analytics | title=New Clarivate Analytics Report Reveals Emergence of Market Disrupters is Fragmenting Global Patent Landscape, Diluting Leading Innovators' Invention Market Share | agency=PR Newswire | date=2020-02-19 | url=https://www.prnewswire.com/news-releases/new-clarivate-analytics-report-reveals-emergence-of-market-disrupters-is-fragmenting-global-patent-landscape-diluting-leading-innovators-invention-market-share-301007108.html | access-date=2020-10-22}}</ref>

==See also== * List of academic databases and search engines * Truven Health Analytics, another analytics company spun off from the Science and Healthcare unit of Thomson Reuters, later acquired by IBM * RELX, a company that operates Scopus, which competes with WoS

==References== {{Reflist}}

== External links == {{Finance links |name = Clarivate |google = CLVT |yahoo = CLVT |bloomberg = CLVT:US |reuters = CLVT.N |sec_cik = CLVT }}

{{Contract research organization|state=collapsed}} {{Onex Corporation}} {{Authority control}}

Category:Analytics companies Category:Technology companies established in 2018 Category:2018 establishments in the United States Category:Companies based in Philadelphia Category:Private equity portfolio companies Category:Clarivate Category:Special-purpose acquisition companies