Clarivate Partners with CRKN to Further Canada's Research Goals

Rhea-AI Summary

Clarivate (NYSE:CLVT) has established a multi-year partnership with the Canadian Research Knowledge Network (CRKN), extending through 2029. The collaboration provides 55 Canadian universities expanded access to the Web of Science platform, including its Core Collection, API, Derwent Innovations Index, and Policy Citation Index. This partnership aims to enhance research collaborations and improve access to comprehensive research tools across Canadian institutions. The Web of Science platform offers access to various research materials, including journal content, conference papers, books, dissertations, datasets, patents, and policy documents. The agreement particularly emphasizes supporting Canadian research initiatives, which have been noted to exceed international averages in innovation and patents.

Positive

• Extended partnership through 2029 provides long-term stability and access
• Expanded access to Web of Science API enables enhanced research capabilities
• Agreement covers 55 Canadian universities, indicating broad market penetration
• Addition of Derwent Innovations Index and Policy Citation Index provides new revenue streams

Negative

• None.

Insights

Business Development Analyst

Clarivate secures multi-year contract with Canadian consortium, strengthening recurring revenue streams through 2029.

Clarivate has secured a strategically valuable multi-year partnership with the Canadian Research Knowledge Network (CRKN), extending through 2029. This agreement provides 55 Canadian universities with expanded access to the Web of Science platform and related services.

The deal's business significance extends beyond just market presence. By securing extended access to the Web of Science API, Derwent Innovations Index, and Policy Citation Index for consortium members, Clarivate is embedding its tools deeper into the research infrastructure of Canadian institutions. This integration creates higher switching costs and builds dependency on Clarivate's ecosystem.

From a financial perspective, while specific contract values remain undisclosed, consortium deals typically provide reliable recurring revenue over multiple years. The extended timeframe through 2029 adds predictability to Clarivate's revenue projections in its Academia and Government segment. The renewal and expansion nature of this agreement also signals strong customer retention, a key metric for subscription-based business models.

The partnership strengthens Clarivate's position in Canada's research market, which the company notes is performing above international averages in innovation and patents. By enhancing collaborative capabilities between institutions, Clarivate positions itself as an enabler of research excellence rather than just a vendor, potentially creating opportunities for upselling additional services in the future.

Web of Science Provides Expanded Access to Essential Research Tools and Data for Canadian Libraries and Research Institutions

LONDON, June 3, 2025 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, today announced a multi-year partnership with the Canadian Research Knowledge Network (CRKN), a consortium of libraries and research institutions in Canada. The agreement provides 55 Canadian universities with expanded access to the Web of Science and is designed to enhance inter-member research collaborations, improving accessibility to Web of Science content for all members.

The Web of Science platform is home to the world's first and most trusted publisher-neutral citation index – Web of Science Core Collection – and connects developments along the entire research lifecycle to that trustworthy core. It streamlines the discovery of content from the world's leading journals alongside conference papers, books, dissertations and theses, datasets, patents, preprints, awarded grants, policy documents and more.  

For CRKN members, new extended access to the Web of Science API will allow researchers to use the rich Web of Science metadata to support their research projects. Access to the Derwent Innovations Index and the Policy Citation Index will help members better understand the societal impact of their outputs.

Craig Olsvik, Director, Content Program at CRKN, said: "CRKN is pleased to have renewed our agreement with Clarivate for Web of Science through 2029. Expanded access to Web of Science content will serve Canadian researchers across the country, and we're particularly happy to now include extended access to the Web of Science API for our members."

Bar Veinstein, President of Academia and Government at Clarivate, said: "We are delighted to extend our partnership with CKRN. Canada holds a prominent and often collaborative position in academic research globally, with its research contributions surpassing the international average in terms of innovation and patents.

"This new agreement underscores the value we offer to Canadian institutions and researchers through the Web of Science. We remain committed to supporting the research community in Canada by providing the necessary tools and resources to foster innovation and discovery which ultimately drives societal impact."

About Clarivate
Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com 

Media contact:
Rebecca Krahenbuhl, Senior Manager, External Communications, Academia & Government
newsroom@clarivate.com  

 

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SOURCE Clarivate Plc

FAQ

What is the duration of Clarivate's partnership with CRKN?

The partnership extends through 2029, providing multi-year access to Web of Science for Canadian research institutions.

How many Canadian universities will benefit from Clarivate's Web of Science access?

55 Canadian universities will receive expanded access to the Web of Science platform and its resources.

What new features are included in CLVT's expanded access for CRKN members?

The expanded access includes the Web of Science API, Derwent Innovations Index, and Policy Citation Index, enhancing research capabilities for members.

What resources does Web of Science provide to CRKN members?

Web of Science provides access to journal content, conference papers, books, dissertations, datasets, patents, preprints, awarded grants, and policy documents.

How does this partnership impact Clarivate's presence in Canada?

The partnership strengthens Clarivate's position in Canada's research sector, serving 55 universities and supporting the country's above-average research contributions in innovation and patents.