Clarivate Announces New Global Business Center in Asia

Rhea-AI Summary

Clarivate Plc (NYSE: CCC) has announced the opening of its new Global Business Center in Penang, Malaysia, as part of a strategy to enhance customer service capabilities in Asia. This center aims to employ around 350 professionals and is expected to leverage the region’s skilled labor and supportive government policies. The initiative aligns with Clarivate's mission to accelerate innovation globally. The company already has a substantial presence across Asia and employs over 5,500 staff worldwide.

Positive

• Establishment of a Global Business Center in Penang, Malaysia, enhances service capabilities.
• Expected employment of approximately 350 local professionals boosts local economy.
• Strategic location in Penang supports access to skilled labor and good infrastructure.

Negative

• None.

Delivering world-class customer services from shared services facility in Penang, Malaysia

LONDON and PENANG, Malaysia, July 20, 2020 /PRNewswire/ -- Clarivate Plc (NYSE: CCC), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced the establishment of a Global Business Center in Penang, Malaysia. It is one of three new Global Business Centers that Clarivate is building to provide world-class services to customers, with the other two based in Chandler, AZ, USA and London, U.K.

Located at GBS@Mahsuri, Bayan Baru, a hub for global business services in the city, the Penang Global Business Center will become the primary center for Clarivate shared services in Asia. Recruitment has already kicked off and Clarivate expects to employ approximately 350 at this center.

Shankar Nagalingam, Clarivate Vice President for the Global Business Center in Penang said, "Known as the Silicon Island of the East for its industries, Penang is an ideal location for building a Global Business Center. The city offers us access to a great global business center landscape with good infrastructure and connectivity, along with an impressive talent pool. Moreover, the Malaysian and Penang governments are very supportive of our plans for increasing local employment opportunities."

"Recruitment has now started, and we are looking forward to welcoming talented, local professionals in a variety of roles. At Clarivate, our colleagues are the foundation for our success, and we believe in investing in career and professional growth opportunities for all colleagues."

Nagalingam concluded, "At Clarivate, our vision is to improve the way the world creates, protects and advances innovation. To support this, we are creating a world-class global center of expertise where colleagues can grow their careers and contribute to the advancement of innovation throughout Asia."

Clarivate has a significant footprint in China, India, Japan, Korea and several Southeast Asian countries including Singapore, Malaysia, Indonesia and Thailand. The company employs more than 5,500 colleagues in over 40 countries worldwide and is publicly traded on the New York Stock Exchange.

Shankar Nagalingam has a track record of more than 26 years delivering global shared services operations, human resources management and talent management strategies. Prior to joining Clarivate, Shankar was the global lead for HR Shared Services Operations with IHS Markit and he was instrumental in building the global shared services operations. His previous roles include talent acquisition and human capital management in other multinational corporations in Malaysia.

Candidates can apply for jobs at careers.clarivate.com.

About Clarivate 
Clarivate™ is a global leader in providing trusted information and insights to accelerate the pace of innovation. We offer subscription and technology-based solutions coupled with deep domain expertise that cover the entire lifecycle of innovation – from foundational research and ideas to protection and commercialization. Today, we're setting a trail-blazing course to help customers turn bold ideas into life-changing inventions. Our portfolio consists of some of the world's most trusted information brands, including the Web of Science™, Cortellis™, Derwent™, CompuMark™, MarkMonitor™ and Techstreet™. For more information, please visit clarivate.com.

Forward-Looking Statements
This press release and any statements included herein may contain forward-looking statements regarding Clarivate. Forward-looking statements provide current expectations or forecasts of future events and may include statements regarding results, anticipated synergies and other future expectations. These statements involve risks and uncertainties including factors outside of the control of Clarivate that may cause actual results to differ materially. Clarivate undertakes no obligation to update or revise the statements made herein, whether as a result of new information, future events or otherwise.

Media Contacts
Jack Wan, Director of External Communications, APAC
media.enquiries@clarivate.com

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SOURCE Clarivate Plc

FAQ

What is the recent announcement made by Clarivate (CCC)?

Clarivate announced the opening of a new Global Business Center in Penang, Malaysia, to enhance service capabilities.

How many employees does Clarivate expect to hire in Penang?

Clarivate expects to employ approximately 350 professionals at the new Global Business Center in Penang.

Why is Penang chosen for Clarivate's Global Business Center?

Penang offers good infrastructure, connectivity, and an impressive talent pool, making it an ideal location for the center.

What is the main focus of Clarivate's new Global Business Center?

The Global Business Center aims to provide world-class customer services and support innovation across Asia.