Clarivate#Highly Cited Researchers
{{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 =
| location = Philadelphia, United States
London, United Kingdom
| num_locations =
| num_locations_year =
| area_served =
| 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 = {{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 =
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| website = {{url|clarivate.com}}
}}
Clarivate Plc is a British-American publicly traded analytics company that operates 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, and regulatory compliance; trademark protection, and domain and brand protection.{{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}} Clarivate calculates the impact factor of scientific journals,{{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}} using data from its Web of Science product family, that also includes services and applications such as Publons, EndNote, and EndNote Click. Its other product families are Cortellis, DRG, CPA Global, Derwent, CompuMark, and Darts-ip, and also the various ProQuest products and services.
Clarivate was formed in 2016, following the acquisition of Thomson Reuters' Intellectual Property and Science business by Onex Corporation and Baring Private Equity Asia.{{cite press release |author= | 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}} Clarivate has acquired various companies since then, including, notably, ProQuest in 2021.
Company history
{{further|Thomson Scientific}}
Clarivate was formerly the Intellectual Property and Science division of Thomson Reuters. Before 2008, it was known as Thomson Scientific.{{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}} In 2016, Thomson Reuters struck a $3.55 billion deal in which they spun it off as an independent company, and sold it to private-equity firms Onex Corporation and Baring Private Equity Asia.{{Cite news |first=Bob |last=Grant |url=https://www.the-scientist.com/?articles.view/articleNo/46558/title/Web-of-Science-Sold-for-More-Than--3-Billion/ |title=Web of Science sold for more than $3 billion|newspaper=The Scientist Magazine |date=2016-07-15 |access-date=2018-06-29}}{{cite press release |author= | 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}}
In May 2019, Clarivate merged with the Churchill Capital Corp SPAC to obtain a public listing on the New York Stock Exchange (NYSE){{cite press release |author= | 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}} It currently trades with symbol NYSE:CLVT.{{Cite web|title=Clarivate Plc (CLVT) |url=https://finance.yahoo.com/quote/CLVT|access-date=2021-11-16|website=Yahoo Finance|language=en-US}}{{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}}
After the 2022 Russian invasion of Ukraine, on March 11, 2022, Clarivate, which has an office in Odesa, Ukraine announced that it would cease all commercial activity in Russia.{{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 }}
= Operations =
{{asof|2023|post=,}} the company conducts operations through three strategic business units: Intellectual Property Group, Life Sciences & Healthcare Group, and Academic and Government Group, each led by a president.{{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}}{{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 ...}}
Clarivate has been criticized for its anti-competitive practices in a highly oligopolistic academic database market, for increasing the prices of the products it acquired, for the lack of further development and integration of the acquired products, for not developing its own products, for outsourcing jobs from the US and UK to India, and for eliminating telephone support for many of the acquired products.{{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 }}{{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 }}
=== Leadership Changes ===
On July 11, 2022, Clarivate announced that Jerre Stead would retire from his role as Executive Chair and Chief Executive Officer to become Non-Executive Chair of the Board of Directors. On September 1, 2022, Jonathan Gear, previously Chief Financial Officer of IHS Markit, joined Clarivate on July 11, 2022, as CEO-elect, and became Chief Executive Officer on September 1, 2022.{{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}}{{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}}
On September 1, 2022, Clarivate announced that Jerre Stead would retire from the Board on October 20, 2022, at which date Andrew Snyder, CEO of Cambridge Information Group and Vice Chairman of Clarivate, became the new Chair effective from that date. The Board has appointed Stead as Chairman Emeritus upon his Board retirement. On August 6, 2024, Clarivate appointed former ProQuest CEO Matti Shem Tov as the Company's next CEO.{{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}}
= Acquisitions =
- June 1, 2017: Publons, a platform for researchers to share recognition for peer review.{{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}}
- April 10, 2018: Kopernio, AI-tech startup providing ability to search for full-text versions of selected scientific journal articles.{{cite press release |author= | 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}}
- October 30, 2018: TrademarkVision, provider of Artificial Intelligence (AI) trademark research applications.{{cite press release |author= | 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}}
- September 9, 2019: SequenceBase, provider of patent sequence information and search technology to the biotech, pharmaceutical and chemical industries.{{cite press release |author= | 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}}
- December 2, 2019: Darts-ip, provider of case law data and analytics for intellectual property (IP) professionals.{{cite press release |author= | 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}}
- January 17, 2020: Decision Resources Group (DRG), a leading healthcare research and consulting company, providing high-value healthcare industry analysis and insights.{{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}}
- June 22, 2020: CustomersFirst Now, in intellectual property ("IP") software and tech-enabled services.{{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}}
- October 1, 2020: CPA Global, intellectual property ("IP") software and tech-enabled services.{{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}}
- December 1, 2021: ProQuest, software, data and analytics provider to academic, research and national institutions.{{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}} It was acquired for $5.3 billion from Cambridge Information Group in what was described as a "huge deal in the library and information publishing world". The company said that the operational concept behind the acquisition was integrating ProQuest's products and applications with Web of Science.{{Cite web|last1=Milliot |first1=Jim |last2=Albanese |first2=Andrew |title=Clarivate to Buy ProQuest for $5.3 Billion |url=https://www.publishersweekly.com/pw/by-topic/industry-news/industry-deals/article/86387-clarivate-to-buy-proquest-for-5-3-billion.html |date=2021-05-17 |access-date=2021-12-04 |website=Publishers Weekly}} Chairman of ProQuest Andy Snyder became the vice chairman of Clarivate.{{Cite web| title = Clarivate Successfully Completes Acquisition of ProQuest | date = December 2021| access-date = 2021-12-01| url = https://clarivate.com/news/clarivate-successfully-completes-acquisition-of-proquest/?elqTrackId=82fd75ad29514e7c96e010fd966d16a7&elq=bdb0e760e6eb4cbab51eb032b11f104d&elqaid=18764&elqat=1&elqCampaignId=8085}} The Scholarly Publishing and Academic Resources Coalition, an advocacy group for open access to scholarship, voiced antitrust concerns. The acquisition had been delayed mid-year due to a Federal Trade Commission antitrust probe.{{Cite web| title = Clarivate Purchase of ProQuest Delayed | access-date = 2021-08-16| url = https://www.publishersweekly.com/pw/by-topic/industry-news/industry-deals/article/87120-clarivate-purchase-of-proquest-extended.html}}
- March 21, 2024, Clarivate informed about acquisition of MotionHall, a Silicon Valley technology start-up company serving the life sciences with industry vertical Artificial Intelligence (AI) solutions.
- April 23, 2024, Clarivate acquired Global QMS, Inc., expanding Life Sciences & Healthcare segment into new markets.
- July 22, 2024, Clarivate announced acquisition of Rowan TELS to enhance support for patent practitioners.
=Divestments=
- November 2020: Clarivate sold its Techstreet division to a for-profit subsidiary of the American Society of Mechanical Engineers.{{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}}
- November 2022: Clarivate divested MarkMonitor to Newfold Digital.{{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}} MarkMonitor registers the domains of Google, Microsoft, Amazon, Tencent, YouTube, Wikipedia, and eBay, among other companies. They provide domain management, brand protection, anti-piracy, and anti-fraud services.
- April 2024: divestited Valipat
- November 12, 2024: Clarivate sold ScholarOne to Silverchair.{{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}}
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.{{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}}
= Cortellis =
Cortellis comprises life science-related intelligence services used to inform decision making across the drug and device development lifecycle,{{Cite web|url=https://clarivate.com/products/cortellis-family/|title=Cortellis Life Science Intelligence Solutions}} including:
- Cortellis Regulatory Intelligence
- Cortellis Competitive Intelligence
- Cortellis Clinical Trials Intelligence
- Cortellis Deals Intelligence
- Cortellis Drug Discovery Intelligence
- Cortellis Digital Health Intelligence
- MetaCore
- Cortellis Generics Intelligence (formerly Newport)
- Chemistry, Manufacturing and Controls (CMC) Intelligence
- BioWorld
= 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{{Cite web|url=https://clarivate.com/derwent/|title=Home|website=Derwent}} 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,{{Cite web|url=https://clarivate.com/compumark/|title=Trademark research and protection that inspires confidence|website=CompuMark}} 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.{{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}} It was sold to the American software company Silverchair in 2024.{{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}}{{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}}
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."{{Cite web|url=https://publons.com/awards/highly-cited/2019/|title=Highly Cited Researchers|website=publons.com}} 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.{{cite press release |author= | 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}}
= 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.{{cite press release |author= | 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}}
= 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.{{cite press release |author= | 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}}
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
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|bloomberg = CLVT:US
|reuters = CLVT.N
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{{Contract research organization|state=collapsed}}
{{Onex Corporation}}
{{Authority control}}
Category:Technology companies established in 2018
Category:2018 establishments in the United States
Category:Companies based in Philadelphia