Latest news with #VeevaVault
Business Wire
13 hours ago
- Business
- Business Wire
Veeva and AWS Expand 10-Year Relationship
PLEASANTON, Calif. & SEATTLE--(BUSINESS WIRE)--Amazon Web Services, Inc. (AWS), an Inc. company (NASDAQ: AMZN), and Veeva Systems (NYSE: VEEV), a leading provider of software, data, and business consulting for the life sciences industry, today announced an expansion of their long-standing collaboration. Veeva is using AWS as the cloud infrastructure for its Veeva Vault applications, including Veeva Vault CRM Suite. More than 50 Veeva Vault applications and specialized data offerings such as Veeva Compass and Veeva CRM Pulse now use the proven security, performance, and scalability of AWS. Building on the long-standing AWS and Veeva partnership, Veeva is expanding beyond its use of AWS infrastructure as it scales its software and data offerings globally. For example, in order to connect sales, marketing, and medical in Veeva Vault CRM Suite, Veeva introduced Vault CRM Service Center last year, pre-configured with Amazon Connect (a unified, AI-native customer experience solution) for streamlined self-service and telephony. The integration and functionality embedded within Vault CRM Suite supports specific life sciences customer needs for inbound contact center operations and outbound interactions, such as calls from inside sales teams with healthcare professionals. Looking forward, AWS and Veeva are working together in new ways to support evolving industry needs. For example, AWS recently joined Veeva's AI Partner program in support of Veeva's AI strategy and to enable mutual customers' success. 'We are pleased with the performance, efficiency, and innovation from AWS over the past decade,' said Avril England, executive vice president of product management at Veeva. 'By continually looking ahead and through partnerships like these, we ensure our customers get the best technology, data, and infrastructure that delivers real value.' 'For over a decade, AWS has supported Veeva's technology transformation,' said Willem Visser, vice president of EC2 at AWS. 'Our global compute infrastructure and services help Veeva as they continue to efficiently scale and provide the innovative solutions their customers need worldwide. We are pleased to support Veeva's integration of Amazon Connect into its Vault CRM Service Center to help biopharmaceutical companies deliver the targeted, efficient experiences healthcare professionals expect, while maintaining the highest levels of security and compliance.' About Amazon Web Services Since 2006, Amazon Web Services has been the world's most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 117 Availability Zones within 37 geographic regions, with announced plans for 13 more Availability Zones and four more AWS Regions in Chile, New Zealand, the Kingdom of Saudi Arabia, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit About Amazon Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth's Most Customer-Centric Company, Earth's Best Employer, and Earth's Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit and follow @AmazonNews. About Veeva Systems Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest biopharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit
Yahoo
2 days ago
- Business
- Yahoo
If You Invested $1000 in Veeva Systems a Decade Ago, This is How Much It'd Be Worth Now
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries. The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks. What if you'd invested in Veeva Systems (VEEV) ten years ago? It may not have been easy to hold on to VEEV for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Veeva Systems' main business drivers. Headquartered in Pleasanton, CA, Veeva Systems Inc. offers cloud-based software applications and data solutions for the life sciences industry. The company's product portfolio includes Veeva CRM (customer relationship management), Veeva Vault (content and information management), Veeva Network (customer master and product data management) and Veeva data services (Veeva OpenData and Veeva KOL data). Veeva CRM is the company's flagship product and runs on SaaS platform. The contract between Veeva and extends till 2025. In May 2023, Veeva unveiled Vault CRM, built on the Veeva Vault Platform. It has the full functionality of Veeva CRM and significant new innovations, including two new applications CRM Bot and Service Center. Veeva Systems has also released its advanced Veeva Commercial Cloud offering, Veeva CRM Engage Webinar, at the Veeva Commercial Summit Europe. Veeva Systems also released Veeva Vault PromoMats Brand Portal — a new digital asset management capability that helps brand managers create portals, organize and showcase content within Veeva Vault PromoMats. Veeva Systems has also announced the availability of the whole suite of commercial data products from Veeva Compass Suite for a more comprehensive understanding of patient groups and HCP-level at a GlanceFor fiscal 2025, VEEV registered total sales of $2.75 billion, up 16% year over year. VEEV reported adjusted earnings per share of $6.60 for fiscal 2025, up 36.4% compared with fiscal Service revenues were $2.28 billion (83.2% of net sales, up 20% from fiscal 2024), while Professional services and other revenues grossed $461.9 million (16.8%, down 0.03%). Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Veeva Systems, if you bought shares a decade ago, you're likely feeling really good about your investment today. According to our calculations, a $1000 investment made in June 2015 would be worth $10,427.40, or a gain of 942.74%, as of June 23, 2025, and this return excludes dividends but includes price increases. The S&P 500 rose 182.84% and the price of gold increased 174.72% over the same time frame in comparison. Looking ahead, analysts are expecting more upside for VEEV. Veeva Systems stands out as a long-term winner in life sciences digitalization, thanks to strong execution, deep customer relationships, and an expanding product portfolio. Vault CRM is gaining real traction with over 80 customers live, including top 20 pharma, while data-driven tools like Crossix and Compass are delivering high ROI. Per the Zacks Model, total revenues and adjusted EPS are projected to grow at a CAGR of 16.3% and 23.6% from fiscal 2023 to 2027. With a $6 billion cash cushion, consistent R&D investment, and domain-specific AI tools launching in December, Veeva is well-positioned for sustainable growth. While macro pressures and small biotech funding risks remain, Veeva's platform depth and mission-critical value create strong long-term upside. Hence, we reiterate our Outperform recommendation. The stock has jumped 20.21% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 10 higher, for fiscal 2025; the consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Veeva Systems Inc. (VEEV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
