Clarivate Is in the Early Stages of a Multiyear Turnaround
Clarivate is an information, analytics, and workflow solutions company based in the United Kingdom. It generates revenue by selling information and analytics services, which provide access to its proprietary databases and software tools. Around 80% of sales are recurring (subscription or recurring), while the remaining 20% are one-off transaction sales of data. The company’s customer base is concentrated in academia, who utilize the company’s flagship Web of Science and ProQuest One products. Other key end markets are intellectual property, where Clarivate provides information on patents and trademarks, and life sciences, where the company’s products assist clients with clinical trial information, regulatory approval, and commercialization.
United States