Company:Clarivate

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Short description: American analytics company
Clarivate
FormerlyClarivate Analytics
TypePublic company
PredecessorThe Intellectual Property and Science business of Thomson Reuters
Founded2016; 8 years ago (2016)
HeadquartersPhiladelphia, United States
London, United Kingdom
Key people
Jerre Stead[1] (CEO)
RevenueIncrease $974 million (2019)[2]
Number of employees
8,300 (2020)
Websiteclarivate.com

Clarivate is a company formed in 2016, following the acquisition of Thomson Reuters' Intellectual Property and Science Business by Onex Corporation and Baring Private Equity Asia.[3] On May 13, 2019, Clarivate merged with Churchill Capital Corp and was publicly listed on the New York Stock Exchange with ticker symbol CCC.[4] In an effort to improve its brand recognition, the company announced it would transition its stock symbol to NYSE:CLVT beginning February 1, 2021.[5]

Clarivate owns and operates a collection of subscription-based services focused largely on analytics, including scientific and academic research, patent intelligence and compliance standards, pharmaceutical and biotech intelligence trademark, domain and brand protection.[6] The services include Web of Science, Cortellis, CPAglobal, Derwent, Derwent World Patents Index, CompuMark, MarkMonitor, Techstreet, Publons, EndNote, Kopernio, and ScholarOne.[7]

Company history

Clarivate was formerly the Intellectual Property and Science division of Thomson Reuters. Before 2008, it was known as Thomson Scientific. In 2016, Thomson Reuters struck a $3.55 billion deal in which they spun it off into an independent company, and sold it to private-equity firms Onex Corporation and Baring Private Equity Asia.[8][9]

On May 13, 2019, Clarivate merged with Churchill Capital. Churchill's CEO, Jerre Stead (previous chairman and CEO of IHS Markit)[10] became Clarivate's executive chairman.[1]

Products and services

Web of Science

Products providing data, analytics, insights, workflow tools, and professional services to researchers, universities, research institutions, governments, private and public research funding organizations, publishers, and research-intensive corporations,[11] including:

  • Web of Science Platform
  • EndNote
  • InCites
  • Journal Citation Reports
  • Essential Science Indicators
  • ScholarOne
  • Publons
  • Converis
  • EndNote Click (formerly Kopernio)

Cortellis

Suite of life science intelligence solutions used to inform decision making across the drug and device development lifecycle,[12] including:

  • Cortellis Regulatory Intelligence
  • Cortellis Competitive Intelligence
  • Cortellis Clinical Trials Intelligence
  • Cortellis Deals Intelligence
  • Cortellis Drug Discovery Intelligence
  • Cortellis Digital Health Intelligence
  • MetaCore, a Cortellis Solution
  • Cortellis Generics Intelligence (formerly Newport, a Cortellis Solution)
  • Chemistry, Manufacturing and Controls (CMC) Intelligence
  • BioWorld

Derwent

Database products and services used for searching and analyzing patents; IP administration and prosecution support services to support the IP lifecycle,[13] including:

  • Derwent Innovation
  • Derwent World Patents Index
  • 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,[14] including:

  • SAEGIS®, online trademark screening
  • TM go365, self-service trademark research solution
  • Full Search, analyst driven trademark searching
  • Watching, trademark protection

MarkMonitor

Proprietary software and services for registering and managing the domain name portfolios, providing online brand protection, antipiracy and antifraud solutions,[15] including:

  • MarkMonitor Domain Management

Techstreet

Engineering industry standards, codes, and management tools for staying compliant in electronic, print and enterprise solutions,[16] including:

  • Techstreet Enterprise
  • Techstreet Store

Annual lists, reports and more

Highly Cited Researchers

Clarivate publishes an annual Highly Cited Researchers list. The list recognizes "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."[17] 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.[18]

Citation Laureates

Clarivate Citation Laureates formerly Thomson Reuters Citation Laureates is a list of candidates considered likely to win the Nobel Prize in their respective field. Each year since 2002, Institute for Scientific Information analysts have drawn on Web of Science publication and citation data to identify influential researchers in the research areas recognized by Nobel Prizes: Physiology or Medicine, Physics, Chemistry and Economics. Out of some 50 million articles and proceedings indexed in the Web of Science since 1970, only 5,700 (or .01%) have been cited 2,000 or more times. It is from the authors of this group of papers that Citation Laureates are identified and selected. The 2020 Citation Laureates were named on September 23, 2020.[19] Since 2002, 59 individuals named Citation Laureates by Clarivate have gone on to receive Nobel prizes.[20]

Journal Citation Reports

Clarivate publishes the annual Journal Citation Reports (JCR), which identifies the world's most impactful academic journals included in the Science Citation Index Expanded and Social Sciences Citation Index, part of the Web of Science Core Collection. The 2020 JCR was released on June 29, 2020.[21]

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.[22]

Acquisitions

  • May 17, 2021: (Announced intent only) ProQuest, leader in global software, data and analytics provider to academic, research and national institutions. [23]
  • October 1, 2020: CPA Global, a global leader in intellectual property (“IP”) software and tech-enabled services.[24]
  • June 22, 2020: CustomersFirst Now, a global leader in intellectual property (“IP”) software and tech-enabled services.[25]
  • January 17, 2020: Decision Resources Group, a leading healthcare research and consulting company, providing high-value healthcare industry analysis and insights.[26]
  • December 2, 2019: Darts-ip, provider of case law data and analytics for intellectual property (IP) professionals.[27]
  • September 9, 2019: SequenceBase, provider of patent sequence information and search technology to the biotech, pharmaceutical and chemical industries.[28]
  • October 30, 2018: TrademarkVision, provider of Artificial Intelligence (AI) trademark research solutions.[29]
  • April 10, 2018: Kopernio, AI-tech startup providing ability to search for full-text versions of selected scientific journal articles.[30]
  • June 1, 2017: Publons, a global platform for researchers to share recognition for peer review.[31]

References

  1. ↑ 1.0 1.1 Singh, Vandana (2019-01-14). "Churchill Capital to merge with Clarivate Analytics". Seeking Alpha. https://seekingalpha.com/news/3422724-churchill-capital-merge-clarivate-analytics. 
  2. ↑ https://clarivate.com/news/clarivate-analytics-reports-fourth-quarter-and-full-year-2019-results/
  3. ↑ "Acquisition of the Thomson Reuters Intellectual Property and Science business by Onex and Baring Asia completed" (Press release). Clarivate Analytics. PR Newswire. 2016-10-03. Retrieved 2019-12-03.
  4. ↑ "Churchill Capital Corp Completes Merger with Clarivate Analytics Plc" (Press release). Clarivate Analytics. PR Newswire. 2016-10-03. Retrieved 2019-12-03.
  5. ↑ "Clarivate Plc to Change NYSE Ticker Symbol to “CLVT” on February 1, 2021" (in en-US). https://clarivate.com/news/clarivate-plc-to-change-nyse-ticker-symbol-to-clvt-on-february-1-2021/. 
  6. ↑ ""Clarivate Analytics: New Name, Established Products" by Ojala, Marydee - Online Searcher, Vol. 41, Issue 3, May-June 2017 | Online Research Library: Questia". https://www.questia.com/magazine/1G1-491848243/clarivate-analytics-new-name-established-products. 
  7. ↑ ""Clarivate Analytics: New Name, Established Products" by Ojala, Marydee - Online Searcher, Vol. 41, Issue 3, May-June 2017 | Online Research Library: Questia". https://www.questia.com/magazine/1G1-491848243/clarivate-analytics-new-name-established-products. 
  8. ↑ Grant, Bob (2016-07-15). "Web of Science sold for more than $3 billion". https://www.the-scientist.com/?articles.view/articleNo/46558/title/Web-of-Science-Sold-for-More-Than--3-Billion/. 
  9. ↑ "Acquisition of the Thomson Reuters Intellectual Property and Science business by Onex and Baring Asia completed" (Press release). Clarivate Analytics. PR Newswire. 2016-10-03. Retrieved 2018-06-29.
  10. ↑ "DTN names Jerre Stead and Sheryl von Blucher as co-CEOs". PR Newswire. 2018-01-25. https://www.prnewswire.com/news-releases/dtn-names-jerre-stead-and-sheryl-von-blucher-as-co-ceos-300588160.html. 
  11. ↑ Web of Science Group
  12. ↑ Cortellis
  13. ↑ Derwent
  14. ↑ CompuMark
  15. ↑ MarkMonitor
  16. ↑ TechStreet
  17. ↑ Web of Science Highly Cited Researchers 2019
  18. ↑ "Global Highly Cited Researchers 2019 list reveals top talent in the sciences and social sciences" (Press release). Clarivate Analytics. PR Newswire. 2019-11-19. Retrieved 2019-12-03.
  19. ↑ "Clarivate Reveals 2020 Citation Laureates - Annual List of Researchers of Nobel Class" (Press release). Clarivate. PR Newswire. 2020-09-23. Retrieved 2020-10-22.
  20. ↑ "Clarivate Repeats Nobel Laureate Prediction Success: Five 'Citation Laureates' Awarded 2020 Nobel Honors for Physics, Chemistry and Economics" (Press release). Clarivate. PR Newswire. 2020-10-13. Retrieved 2020-10-22.
  21. ↑ "Clarivate Releases Web of Science Journal Citation Reports to Identify the World's Leading Journals" (Press release). Clarivate. PR Newswire. 2020-10-22. Retrieved 2020-10-22.
  22. ↑ "New Clarivate Analytics Report Reveals Emergence of Market Disrupters is Fragmenting Global Patent Landscape, Diluting Leading Innovators' Invention Market Share" (Press release). Clarivate Analytics. PR Newswire. 2020-02-19. Retrieved 2020-10-22.
  23. ↑ "Clarivate to acquire ProQuest" (in en-US). https://clarivate.com/clarivate-proquest-acquisition/. 
  24. ↑ "Clarivate Completes Acquisition of CPA Global to Form a Global Intellectual Property Powerhouse" (in en-US). 2020-10-01. https://www.prnewswire.com/news-releases/clarivate-completes-acquisition-of-cpa-global-to-form-a-global-intellectual-property-powerhouse-301143831.html. 
  25. ↑ "CustomersFirst Now, Now Part of Clarivate" (in en-US). 2020-06-22. https://customersfirstnow.com/company/about-us/. 
  26. ↑ January 17; 2020January 17; 2020 (2020-01-17). "Clarivate to acquire Decision Resources Group" (in en-US). 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/. 
  27. ↑ "Clarivate Analytics has Acquired Leading Provider of Intellectual Property Case Law and Analytics Darts-ip" (Press release). Clarivate Analytics. PR Newswire. 2019-12-02. Retrieved 2019-12-03.
  28. ↑ "Clarivate Analytics acquires the SequenceBase business to expand its search and analysis capabilities for the life sciences IP market" (Press release). Clarivate Analytics. PR Newswire. 2019-09-09. Retrieved 2019-12-03.
  29. ↑ "Clarivate Analytics to enhance AI-driven trademark research solutions with TrademarkVision acquisition" (Press release). Clarivate Analytics. PR Newswire. 2018-10-30. Retrieved 2019-12-03.
  30. ↑ "Clarivate Analytics Acquires Research Startup Kopernio to Accelerate Pace of Scientific Innovation" (Press release). Clarivate Analytics. PR Newswire. 2018-04-10. Retrieved 2019-12-03.
  31. ↑ Page, Benedicte. "Clarivate Analytics buys Publons". The Bookseller. https://www.thebookseller.com/news/clarivate-analytics-buys-publons-562691. 




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