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Veeva Systems, Inc. engages in the provision of industry-specific, cloud-based software solutions for the life sciences industry. Its solutions enable pharmaceutical and other life sciences companies to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance. Read More The firm's customer relationship management solutions enable its customers to increase the productivity and compliance of their sales and marketing functions. Its regulated content management and collaboration solutions enable its customers to more efficiently manage a regulated, content-centric processes across the enterprise. The company's customer master solution enables customers to more effectively manage complex healthcare provider and healthcare organization data. The company was founded by Mark Armenante, Peter P. Gassner, Doug Ostler, Mitch Wallace and Matthew J. Wallach on January 12, 2007 and is headquartered in Pleasanton, CA.
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Veeva Systems Earnings Preview: Even After Gaining Over 80%, Skepticism Still Prevalent
Cloud-based software company Veeva Systems (VEEV) first hit my radar in late 2017. The company’s fundamental indicators were really strong and the sentiment toward the stock was pretty bearish.
Morgan Stanley hits Veeva sidelines before earnings
Morgan Stanley downgrades Veeva Systems (NYSE:VEEV) from Overweight to Equal-Weight and raises the target from $126 to $144, implying a 2% upside.
Yahoo FinanceMay 23
Better Buy: Shopify vs. Veeva Systems
The software-as-a-service (SaaS) business model has created vast wealth for investors. By developing a product that scales cheaply, and is protected by high switching costs, many of these companies are capturing customers for life with ease. Shopify (NYSE: SHOP), which has a platform for anyone wishing to create a business with an e-commerce presence, and Veeva Systems (NYSE: VEEV), which offers cloud-based software solutions to drug companies, are prime examples. The two have returned an average 660% over...
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