Business Idea
competitors.comparison.backToList
Veeva Systems logo

Veeva Systems

Tier 1
Health
SaaS
https://www.veeva.com

A leading cloud-computing company focused on pharmaceutical and life sciences industry applications.

Veeva Systems is a global provider of industry-specific cloud solutions for the life sciences sector. Its suite of software-as-a-service (SaaS) products enables pharmaceutical companies, biotech firms, and other healthcare organizations to streamline regulatory, clinical, and commercial processes. As an industry leader, Veeva's mission is to enable customers to bring products to market faster and more efficiently, all while maintaining compliance with complex global regulations.

competitors.competitorDetail.metrics.missionStatement

To help the world’s most important life sciences companies bring innovations to market, faster.

competitors.competitorDetail.metrics.visionStatement

Innovating for a healthier world by accelerating digital transformation in life sciences.

competitors.competitorDetail.overview

competitors.competitorDetail.metrics.foundedYear

2007

competitors.competitorDetail.metrics.ceo

Peter Gassner

competitors.competitorDetail.metrics.employees

6,700+

competitors.competitorDetail.metrics.revenue

$2.155 billion (2023)

competitors.competitorDetail.metrics.headquarters

4280 Hacienda Drive, Pleasanton, CA 94588, USA

competitors.competitorDetail.metrics.marketShare

Estimated 10% share in life sciences CRM and compliance market

competitors.competitorDetail.metrics.usp

Deep vertical expertise combined with best-in-class cloud architecture tailored for life sciences companies.

competitors.competitorDetail.metrics.pricingModel

Subscription-based licensing, customized per enterprise agreement

competitors.competitorDetail.metrics.productLines
  • Veeva Vault
  • Veeva CRM
  • Veeva MedComms
  • Veeva Commercial Cloud
competitors.competitorDetail.metrics.technologyStack
  • Proprietary Veeva Vault Platform
  • AWS Cloud Infrastructure
  • Java
  • Apex (Salesforce integration)
  • REST APIs

competitors.competitorDetail.metrics.marketPositioning

Premium SaaS provider for regulated life sciences with verticalized offerings.

competitors.competitorDetail.metrics.keyCustomerSegments
  • Global pharmaceutical enterprises
  • Mid-size biotech firms
  • Medical device manufacturers
competitors.competitorDetail.metrics.distributionChannels
  • Direct sales
  • Strategic partnerships
  • Industry events and conferences
competitors.competitorDetail.metrics.marketingStrategies
  • Thought leadership seminars
  • Targeted industry content
  • Enterprise sales outreach
  • User group conferences
competitors.competitorDetail.metrics.keyPartnerships
  • Salesforce (Platform Integration)
  • Deloitte (Implementation Partner)
  • IQVIA (Strategic Data & Services Partner)

  • Veeva Vault (Document and Data Management)
  • CRM for Life Sciences
  • Clinical Data Management
  • Regulatory Compliance Tools
  • Content Management and Collaboration

competitors.competitorDetail.metrics.strengths
  • Specialized industry focus
  • Highly scalable cloud platform
  • Strong customer retention rates
  • Robust compliance and data security features
competitors.competitorDetail.metrics.weaknesses
  • Narrow industry focus limits broader growth
  • Large enterprises favored over smaller firms
  • Integration complexity for legacy systems
competitors.competitorDetail.metrics.opportunities
  • Expansion into adjacent life sciences verticals
  • Increased demand for digital transformation in healthcare
  • Launch of AI-powered data analytics tools
competitors.competitorDetail.metrics.threats
  • Growing competition from general SaaS vendors
  • Evolving regulatory landscape
  • Healthcare industry budget constraints
competitors.competitorDetail.financials

competitors.competitorDetail.metrics.growthRateYOY

15% (2023)

competitors.competitorDetail.metrics.profitMargin

27% (FY23)

competitors.competitorDetail.metrics.customerAcquisitionCost

$150,000+ per enterprise customer

competitors.competitorDetail.metrics.customerLifetimeValue

Multi-year contracts, typically exceeding $1M

competitors.competitorDetail.metrics.churnRate

Less than 8% annually

competitors.competitorDetail.metrics.fundingRounds
competitors.competitorDetail.metrics.fundingStagecompetitors.competitorDetail.metrics.fundingAmountcompetitors.competitorDetail.metrics.fundingDate
IPO$220M2013-10-16
competitors.competitorDetail.metrics.companyCultureHighlights
  • Mission-driven innovation
  • Strong ethical values
  • Collaborative and diverse teams
  • Focus on customer success
  • Continuous learning and growth
competitors.competitorDetail.metrics.awardsAndRecognition
  • Forbes Cloud 100 (2023) - Forbes
  • Great Place to Work – US (2022)
  • Best SaaS for Life Sciences (2023) - SaaS Awards
competitors.competitorDetail.metrics.customerReviewsSummary
competitors.competitorDetail.reviews.titlecompetitors.competitorDetail.reviews.ratingcompetitors.competitorDetail.reviews.viewAll
G2 4.3/5210
Capterra 4.2/5175
competitors.competitorDetail.metrics.recentNews
competitors.competitorDetail.news.titlecompetitors.competitorDetail.news.publishedOncompetitors.competitorDetail.news.readMore
Veeva Announces Veeva Vault Safety AI Enhancements2024-03-10BusinessWire
Veeva Q4 Results Top Expectations; Raises 2024 Guidance2024-02-29MarketWatch
competitors.competitorDetail.metrics.socialMedia