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Company > Clarivate Analytics PLC: Business Model, SWOT Analysis, and Competitors 2024

Clarivate Analytics PLC: Business Model, SWOT Analysis, and Competitors 2024

Published: Feb 16, 2024

Inside This Article


    In this comprehensive blog post, we delve into Clarivate Analytics PLC, a global leader in providing trusted insights and analytics to accelerate the pace of innovation. We will explore its unique business model, which merges deep domain knowledge with advanced technology to serve a broad range of industries. Additionally, we will conduct a detailed SWOT analysis to understand its strengths, weaknesses, opportunities, and threats as we move into 2024. Finally, we will examine Clarivate's competitive landscape, identifying key rivals and assessing how Clarivate stands out in this dynamic environment. Stay tuned as we unpack the intricacies of Clarivate Analytics PLC and its strategic position in the market.

    ### What You Will Learn

    • Ownership and Vision: Discover who owns Clarivate Analytics PLC and explore their mission statement to understand the company's guiding principles and long-term objectives.
    • Revenue Generation and Business Model: Learn how Clarivate Analytics PLC makes money, with an in-depth explanation of their Business Model Canvas, providing insights into their value proposition, customer relationships, channels, and key activities.
    • Market Position and Strategy Analysis: Identify Clarivate Analytics PLC's main competitors and gain an understanding of the company's strengths, weaknesses, opportunities, and threats through a detailed SWOT analysis.

    Who owns Clarivate Analytics PLC?

    Who Owns Clarivate Analytics PLC?

    Clarivate Analytics PLC, a global leader in providing trusted insights and analytics to accelerate the pace of innovation, operates as a publicly traded company. It means that its ownership is distributed among various shareholders who have bought stock in the company. However, understanding who exactly owns a significant portion of Clarivate can be intriguing, as it sheds light on who has a major influence over the company's strategic decisions and future direction.

    As of the most recent reports, the ownership of Clarivate Analytics PLC can be broadly categorized into three main groups: institutional investors, retail investors, and insiders.

    Institutional Investors play a pivotal role in the ownership structure of Clarivate Analytics PLC. These are entities like mutual funds, pension funds, and endowments that invest large sums of money in the stock market. They often hold a significant portion of the company's shares, which gives them considerable influence. Companies like The Vanguard Group, BlackRock, and other institutional investment giants are often among the top shareholders in firms like Clarivate, reflecting their belief in the company's growth potential and strategic direction.

    Retail Investors, also known as individual or small investors, contribute to the ownership through direct purchase of shares via stock markets. While individually they might hold a smaller portion of the company compared to institutional investors, collectively, retail investors can own a significant share. Their investment decisions are often influenced by the company's performance, market trends, and the potential for long-term growth.

    Insiders of Clarivate Analytics PLC, including executives, directors, and employees, might also own shares in the company. Insider ownership is always a keen interest to investors as it reflects the confidence and commitment of those who are directly managing and operating the company. High insider ownership can be a positive signal indicating that the company's leadership believes in its future success and is willing to invest their personal funds alongside external investors.

    The exact distribution of ownership among these groups can shift over time with market transactions, investment decisions by institutional investors, and changes in insider ownership due to stock options and other compensation mechanisms. However, understanding who owns Clarivate Analytics PLC and monitoring changes in its ownership structure can provide valuable insights into the company's health, investment attractiveness, and potential future performance.

    To get the most current and detailed breakdown of Clarivate Analytics PLC's ownership, investors and interested parties can refer to financial databases, the company's official investor relations website, and filings with the Securities and Exchange Commission (SEC), where companies are required to disclose significant ownership details.

    What is the mission statement of Clarivate Analytics PLC?

    Clarivate Analytics PLC, a global leader in providing trusted insights and analytics to accelerate the pace of innovation, operates with a clear and powerful mission statement that guides its operations, strategic decisions, and overall direction. This mission is encapsulated in the following statement:

    "To accelerate the pace of innovation by providing trusted insights and analytics to customers around the world."

    Understanding the Mission Statement

    Clarivate's mission statement underscores its commitment to fostering innovation across various sectors by delivering critical data, actionable insights, and analytics. Let's break down the key components of this mission to better understand its implications and how it drives the company:

    • Accelerate the Pace of Innovation: At the heart of Clarivate's mission is the goal to speed up the rate at which innovation happens. This is crucial in today's fast-paced world where technological and scientific advancements are key to solving complex challenges and unlocking new opportunities.

    • Providing Trusted Insights and Analytics: The emphasis on "trusted" highlights Clarivate's dedication to reliability, accuracy, and integrity in the information and analysis it provides. This trust is foundational for customers who rely on Clarivate's data to make important decisions.

    • Customers Around the World: This global perspective reflects the company's commitment to impacting innovation on a worldwide scale. It acknowledges the diverse needs of its customer base and the importance of adapting and responding to the global market.

    Impact of the Mission Statement

    Clarivate Analytics PLC's mission statement is not just a set of words but a reflection of its core purpose and strategic direction. It impacts the company and its stakeholders in several ways:

    • Guides Corporate Strategy: The mission statement provides a clear direction for the company's strategic initiatives, ensuring that every product, service, and decision aligns with the goal of accelerating innovation.

    • Drives Customer Focus: By pledging to offer trusted insights and analytics, Clarivate places a strong emphasis on meeting the needs of its customers, striving to exceed their expectations and help them achieve their objectives.

    • Inspires Innovation Within: The mission itself encourages innovation within Clarivate, pushing teams to continuously improve, think creatively, and develop solutions that contribute to the mission's realization.

    • Builds Brand Identity and Reputation: A strong, purpose-driven mission like Clarivate's helps in building a powerful brand identity and a positive reputation in the industry, distinguishing it from competitors.

    In conclusion, the mission statement of Clarivate Analytics PLC is a testament to its commitment to making a significant impact on the world by enabling innovation. It serves as a guiding star, influencing every aspect of the company's operations and setting a clear path for its future endeavors.

    How does Clarivate Analytics PLC make money?

    How does Clarivate Analytics PLC make money?

    Clarivate Analytics PLC is a global leader in providing trusted insights and analytics to accelerate the pace of innovation. The company has carved out a niche for itself in the vast and competitive world of information services, catering to academic, corporate, and government clients. But how exactly does this company generate its revenue? Let's dive into the primary revenue streams that fuel Clarivate Analytics PLC.

    Subscription Services

    A significant portion of Clarivate's income is derived from subscription services. The company offers a suite of data and analytics solutions that are essential for research, patent intelligence, and regulatory standards. These services are typically offered on an annual or multi-year subscription basis, providing a steady and predictable stream of revenue. Clients, including universities, research institutions, and corporations, rely on these subscriptions to access proprietary databases and tools such as Web of Science, Cortellis, and Derwent World Patents Index, which are critical for scientific research, innovation, and strategic planning.

    Consulting and Professional Services

    Beyond subscription services, Clarivate also generates revenue through consulting and professional services. Leveraging its vast databases and expertise, the company offers customized consultancy services, including intellectual property and brand protection strategies, portfolio management, and regulatory compliance. These services are tailored to meet the specific needs of clients, ensuring that they can maximize the value of their research and development efforts. The consultancy arm of Clarivate adds a valuable layer of human expertise to its technological offerings, making it a go-to source for organizations needing in-depth analysis and strategic guidance.

    Product Sales and Licensing

    Clarivate Analytics also makes money through direct product sales and licensing. This includes the sale of software tools and applications that support research and development activities across various industries. For instance, the company's analytics tools help pharmaceutical companies in drug discovery and development processes by providing insights into patents, clinical trials, and regulatory standards. Additionally, Clarivate licenses its data and intellectual property indices to other companies and institutions, enabling them to build upon its vast datasets for their own research and analytical purposes.

    Transactional Services

    Lastly, Clarivate offers transactional services that complement its subscription and consultancy offerings. These services include document retrieval, trademark screening, and patent search services, which are typically charged on a per-use basis. Such transactional services are indispensable for organizations involved in research and innovation, providing them with the necessary support for specific projects or objectives without the need for a full subscription.

    In summary, Clarivate Analytics PLC leverages a diversified business model that encompasses subscription services, consulting and professional services, product sales and licensing, and transactional services. This multifaceted approach allows the company to cater to the broad and evolving needs of its global client base, ensuring a steady flow of revenue while promoting the advancement of research and innovation across industries.

    Clarivate Analytics PLC Business Model Canvas Explained

    Clarivate Analytics PLC operates in the complex and competitive world of analytics, providing critical data, information, and insights that empower innovation and drive research across various industries. Understanding its business model provides valuable insights into how the company creates, delivers, and captures value. The Business Model Canvas, developed by Alex Osterwalder, is an excellent tool for dissecting Clarivate's approach. Here's a breakdown of the key components of Clarivate Analytics PLC's Business Model Canvas.

    Customer Segments

    Clarivate Analytics serves multiple customer segments, including:

    • Academic Institutions: Universities and research institutions rely on Clarivate for access to comprehensive databases and tools for academic research.
    • Corporations: Businesses across various industries use Clarivate's services for research and development, intellectual property management, and innovation.
    • Government Agencies: Public sector organizations utilize Clarivate's data for policy development, scientific research, and education.
    • Legal and IP Professionals: These customers depend on Clarivate for intellectual property research, legal research tools, and patent analytics.

    Value Propositions

    Clarivate Analytics offers distinct value propositions to its diverse customer base:

    • Comprehensive Databases: Providing access to vast repositories of scientific, academic, and patent information.
    • Advanced Analytics Tools: Tools that enable deep analysis of research trends, competitor insights, and market opportunities.
    • Expertise in Intellectual Property: Unique insights and services related to patents, trademarks, and copyright.
    • Innovation Support: Facilitating the research and development process for new products and services.


    Clarivate delivers its value through various channels:

    • Online Platforms: Digital access to databases, tools, and analytics software.
    • Direct Sales: A dedicated sales force that engages with large institutions and corporations.
    • Partnerships: Collaborations with academic institutions, industry groups, and other entities to expand reach.
    • Training and Support: Offering training sessions, webinars, and customer support to ensure effective use of their services.

    Customer Relationships

    Clarivate's approach to customer relationships includes:

    • Personal Assistance: Providing dedicated account managers and customer service teams.
    • Self-Service: Enabling customers to access services and manage their accounts through online platforms.
    • Community Engagement: Facilitating user forums, conferences, and workshops to foster a community of researchers, innovators, and professionals.

    Revenue Streams

    Clarivate generates revenue through:

    • Subscription Services: Annual or multi-year access to databases and tools.
    • Licensing Fees: Fees for the use of intellectual property data and analytics software.
    • Consulting Services: Custom research, analytics, and consulting projects for clients.
    • Training and Educational Programs: Revenue from hosting training sessions and educational webinars.

    Key Resources

    Key resources for Clarivate include:

    • Databases and Intellectual Property: The extensive repositories of data and intellectual property rights that form the backbone of their offerings.
    • Technology Infrastructure: The advanced IT infrastructure that supports big data analytics, cloud services, and software applications.
    • Human Capital: A skilled workforce, including data scientists, industry experts, and sales professionals.

    Key Activities

    Clarivate's key activities entail:

    • Data Collection and Management: Continuously gathering, updating, and managing vast amounts of data and information.
    • Product Development: Innovating and developing new tools, platforms, and analytics capabilities.
    • Market Analysis: Conducting research to identify market needs, trends, and opportunities.

    Key Partnerships

    Clarivate relies on key partnerships with:

    • Academic and Research Institutions: For content contribution and access to academic networks.
    • Technology Providers: To enhance their platform capabilities and infrastructure.
    • Industry Associations: Collaborating on research, events, and promotional activities.

    Cost Structure

    Clarivate's cost structure is primarily driven by:

    • Data Acquisition and Licensing: Costs associated with acquiring and maintaining rights to databases and content.
    • Technology Development and Maintenance: Investments in software development, IT infrastructure, and cybersecurity.
    • Personnel Expenses: Salaries, benefits, and training costs for employees.

    Understanding the Business Model Canvas of Clarivate Analytics PLC reveals how the company strategically aligns its resources and activities to serve a diverse customer base, ensuring its position as a leader in the analytics and innovation sector.

    Which companies are the competitors of Clarivate Analytics PLC?

    Which companies are the competitors of Clarivate Analytics PLC?

    Clarivate Analytics PLC stands as a prominent entity in the realms of analytics and intellectual property management, offering solutions that cater to academic, commercial, and government clients worldwide. Its services encompass a broad spectrum of tools designed for research and innovation management, patent analytics and compliance, as well as brand protection. However, in this competitive landscape, Clarivate does not stand alone. Several firms vie for market share, each bringing their unique strengths to the table. Below, we explore some of the key competitors that challenge Clarivate Analytics in its domain:

    1. Elsevier

    A titan in the information analytics industry, Elsevier presents itself as one of Clarivate's most formidable competitors. Renowned for its scientific, technical, and medical information analytics, Elsevier offers a plethora of services, including Scopus, a comprehensive abstract and citation database of peer-reviewed literature. Its extensive portfolio positions it as a critical resource for researchers and institutions seeking to advance scientific discovery.

    2. Thomson Reuters

    Previously affiliated with Clarivate, Thomson Reuters continues to be a major player in the information services market, especially in the legal, regulatory, and compliance sectors. With products like Westlaw for legal research and EndNote for reference management, Thomson Reuters provides essential tools that cater to professionals across various fields, maintaining a competitive stance in the market.

    3. Wolters Kluwer

    Focusing on the legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare markets, Wolters Kluwer is another significant competitor. Its integrated solutions and expert insights aim to help professionals improve their efficiency and effectiveness, marking its territory in the competitive landscape against Clarivate Analytics.

    4. Springer Nature

    Springer Nature is a global publisher dedicated to providing high-quality, peer-reviewed research, as well as databases, and services that support the academic community. With products like SpringerLink, offering access to millions of scientific documents, and Nature.com, known for its prestigious journals, Springer Nature competes directly with Clarivate's academic and research-oriented offerings.

    5. Digital Science

    A technology company with a focus on making the research process simpler, more efficient, and more accessible, Digital Science offers a suite of software tools that cater to the needs of researchers and research administrators. Products like Dimensions, an advanced research data platform that offers an extensive array of research information, position Digital Science as a noteworthy competitor in the innovation and research analytics space.

    In conclusion, while Clarivate Analytics PLC enjoys a strong position within the analytics and intellectual property management sectors, it operates in a highly competitive environment. Each of these competitors brings their unique strengths and niche focuses, contributing to a vibrant and evolving market landscape. As the demand for sophisticated research, innovation management, and intellectual property solutions grows, the competition is expected to intensify, driving further innovation and advancements in the field.

    Clarivate Analytics PLC SWOT Analysis


    Clarivate Analytics PLC, a global leader in providing trusted insights and analytics to accelerate the pace of innovation, has a significant impact on the research and development landscape. A SWOT analysis — identifying the company's strengths, weaknesses, opportunities, and threats — provides a comprehensive overview of its strategic positioning in the ever-evolving market. Here, we delve into the key components of the SWOT analysis for Clarivate Analytics PLC.


    Strong Brand Reputation

    Clarivate Analytics PLC has established a robust brand reputation for reliability, accuracy, and comprehensive research and analytics services. Its trusted position in the market is a significant asset, attracting a wide range of customers from academia, industry, and government sectors.

    Diverse Product Portfolio

    The company boasts a diverse range of products and services, including Web of Science, Cortellis, Derwent, CompuMark, MarkMonitor, and Techstreet, among others. This diversification allows it to meet various customer needs and reduces dependency on a single product for revenue generation.

    Global Footprint

    With operations in more than 40 countries, Clarivate Analytics PLC has a strong global presence. This international footprint not only broadens its market reach but also enhances its ability to gather comprehensive and diverse data sets, providing a competitive edge in global insights and analytics.


    Dependence on Subscription-based Revenue

    A significant portion of Clarivate Analytics PLC's revenue comes from subscription-based services. While this model ensures a steady income stream, it also makes the company vulnerable to customer retention challenges and the need for continuous value addition to prevent subscription cancellations.

    Integration Challenges

    Following several acquisitions, Clarivate Analytics PLC faces the ongoing challenge of integrating different companies and their products into a cohesive portfolio. This can lead to operational inefficiencies, a diluted brand identity, and increased costs in the short term.


    Expansion into Emerging Markets

    Emerging markets present significant growth opportunities for Clarivate Analytics PLC. Expanding its services to these regions can diversify its revenue sources and tap into new customer bases hungry for research and analytics tools.

    Leveraging Artificial Intelligence and Machine Learning

    Investing in artificial intelligence (AI) and machine learning (ML) technologies can enhance the company's product offerings, improve customer experience, and streamline operations. These technologies can enable more sophisticated data analysis, predictive analytics, and personalized services.


    Intense Competition

    The market for research and analytics is highly competitive, with several established players and new entrants continuously innovating to capture market share. This intense competition threatens to erode Clarivate Analytics PLC's market position unless it consistently innovates and differentiates its offerings.

    Evolving Regulatory Landscape

    The global regulatory landscape concerning data privacy and intellectual property rights is continuously evolving. Changes in regulations can impose new compliance costs on Clarivate Analytics PLC and affect how it collects, stores, and uses data, potentially impacting its service offerings.


    The SWOT analysis of Clarivate Analytics PLC highlights a company with strong market positioning, thanks to its reputable brand, diverse portfolio, and global reach. However, challenges related to its subscription-based revenue model, integration of acquisitions, competitive pressures, and regulatory changes are areas that require strategic attention. By leveraging its strengths, addressing its weaknesses, capitalizing on opportunities, and mitigating threats, Clarivate Analytics PLC can continue to lead and innovate in the global research and analytics landscape.

    Key Takeaways

    • Ownership and Governance: Clarivate Analytics PLC is a publicly traded company, with ownership distributed among private shareholders, institutional investors, and its own management team. The exact distribution of ownership can fluctuate based on stock trading and investment activities.

    • Mission Statement: Clarivate Analytics PLC is committed to providing trusted insights and analytics to accelerate the pace of innovation. Their mission focuses on enabling customers to discover, protect, and commercialize their inventions and creations through a suite of research and intellectual property solutions.

    • Revenue Generation: Clarivate generates income primarily through subscription-based services, licensing fees, and customized research and advisory services. Their offerings cater to academic, corporate, government, and research institutions, covering a wide range of intellectual property and scientific research needs.

    • Business Model Canvas: At its core, Clarivate Analytics PLC operates on a knowledge-as-a-service model, leveraging a vast database of intellectual property and scientific literature. Their business model emphasizes customer relationships, key partnerships with research institutions, and a value proposition centered on reliability and comprehensiveness of data.

    • Market Position and Challenges: Clarivate faces competition from other information and analytics companies like Elsevier, Thomson Reuters (from which it was spun off), and Wolters Kluwer. The SWOT analysis reveals strengths in proprietary databases and global reach, opportunities in expanding digital offerings, weaknesses in potential service overlaps, and threats from technological changes and market competition.


    In conclusion, Clarivate Analytics PLC stands as a beacon in the world of analytics and professional information services, owned by Onex Corporation and Baring Private Equity Asia, which together took the company public in 2019. With a mission rooted in providing trusted insights and analytics to accelerate the pace of innovation, Clarivate has carved out a unique space for itself in the industry. It generates revenue through a variety of channels, including subscription services, database access, and customized research solutions, underpinning a business model that emphasizes the value of intellectual property and scientific understanding.

    The Business Model Canvas for Clarivate Analytics PLC highlights how its key activities, resources, and partnerships all align to deliver value to its diverse customer segments while ensuring a steady revenue stream. This strategic alignment allows Clarivate to not only sustain but also grow its market presence in the face of competition from other major players like Elsevier, Thomson Reuters, and Bloomberg.

    However, a SWOT analysis of Clarivate Analytics PLC reveals a landscape of both opportunity and challenge. Strengths lie in its robust product portfolio and deep market penetration, while opportunities are seen in the expanding demand for data analytics and intellectual property services. Yet, challenges from intense competition and the need for continuous innovation to stay ahead are palpable threats that the company faces.

    As we dissect the components of Clarivate Analytics PLC's operations, from ownership to competitive landscape, it's clear that the company is positioned on a foundation of strength but not without its hurdles. The path forward for Clarivate involves leveraging its strengths, seizing emerging opportunities, mitigating threats, and navigating the competitive waters with strategic finesse. In doing so, Clarivate Analytics PLC not only aims to uphold its mission of empowering innovation and discovery but also to ensure its place as a leader in the global knowledge economy.


    What is PLC SWOT analysis?

    PLC SWOT analysis refers to analyzing the strengths, weaknesses, opportunities, and threats of a product or brand that has reached the maturity stage of its product life cycle (PLC).


    • Established brand reputation and customer loyalty
    • Stable sales and revenue
    • Strong distribution channels
    • Economies of scale


    • Declining market share
    • Increased competition
    • Limited potential for growth
    • Outdated technology or product design


    • Expanding into new markets or demographics
    • Introducing new product features or variations
    • Enhancing marketing and promotional efforts
    • Strategic partnerships or acquisitions


    • Rapidly changing market trends
    • Price wars with competitors
    • Technological advancements rendering the product obsolete
    • Regulatory changes impacting the industry

    How can I find a SWOT analysis on a company?

    1. Visit the company's official website: Many companies provide SWOT analysis reports on their websites as part of their investor relations or corporate information section.

    2. Search for financial websites: Websites like Bloomberg, Reuters, and Yahoo Finance often provide SWOT analysis reports on publicly traded companies.

    3. Use business databases: Academic databases like EBSCO and ProQuest often have SWOT analysis reports available for various companies. You can access these databases through your school or university library.

    4. Look for industry reports: Industry reports from research firms like IBISWorld and MarketResearch.com often include SWOT analysis of major companies within the industry.

    5. Check with business analysts: Business analysts and consultants may have access to SWOT analysis reports on companies and may be able to provide you with the information you need.

    6. Join professional organizations: Membership in professional organizations related to the industry of the company you are interested in may provide access to industry-specific reports and analysis, including SWOT analysis.

    7. Search for news articles: Sometimes, news articles and press releases may contain SWOT analysis of companies, especially during major company announcements or events.

    By using these methods, you should be able to find a SWOT analysis on the company you are interested in.

    What is a SWOT analysis for analytics team?

    A SWOT analysis for an analytics team involves identifying the team's strengths, weaknesses, opportunities, and threats in relation to their role in the organization. This analysis can help the team identify areas for improvement and develop strategies to maximize their impact.


    • Strong analytical skills and expertise in data analysis
    • Access to advanced analytics tools and technologies
    • Ability to provide valuable insights and recommendations to inform decision-making
    • Collaborative team culture that fosters innovation and creativity


    • Limited resources or budget constraints for acquiring new tools or training
    • Lack of diversity in skill sets or perspectives within the team
    • Challenges in effectively communicating complex data findings to non-technical stakeholders
    • Inconsistencies in data quality or availability that hinder analysis efforts


    • Expansion of analytics capabilities to support new business initiatives or goals
    • Integration of data from new sources to enhance insights and predictive capabilities
    • Collaboration with other teams or departments to leverage data for cross-functional projects
    • Professional development opportunities for team members to enhance skills and expertise


    • Competition from external analytics firms or vendors offering similar services
    • Data security and privacy concerns that may impact the team's ability to access or use certain data sources
    • Resistance to change or skepticism about the value of analytics within the organization
    • Rapid advancements in analytics technology that require ongoing training and adaptation.

    Overall, a SWOT analysis for an analytics team can help the team identify areas where they excel and where they can improve, as well as potential opportunities and threats that may impact their success in delivering valuable insights and recommendations to the organization.

    What are the core values of Clarivate?

    The core values of Clarivate are:

    1. Integrity: Acting with honesty, transparency, and ethical behavior in all interactions.

    2. Customer focus: Putting the needs of customers at the center of everything we do and striving to exceed their expectations.

    3. Innovation: Embracing creativity, new ideas, and continuous improvement to drive growth and success.

    4. Collaboration: Working together as a global team to achieve common goals and deliver exceptional results.

    5. Accountability: Taking ownership of our work and responsibilities, and holding ourselves and others to high standards.

    6. Diversity and inclusion: Embracing the unique perspectives and backgrounds of our employees and fostering an inclusive and respectful workplace.

    7. Excellence: Striving for excellence in all aspects of our work, from product development to customer service.

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