Growing Number of Life Sciences Leaders Plan Investment in Veeva Systems' Industry Cloud Solutions in 2014

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February 25, 2014
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Growing Number of Life Sciences Leaders Plan Investment in Veeva Systems' Industry Cloud Solutions in 2014

BARCELONA, Spain, February 25, 2014 /PRNewswire/ --

    For the second year, Veeva Systems has been ranked by life sciences leaders as one of
the top preferred software providers to the industry, based on the Leading Indicators in
Life Science IT Spending Survey[1] released by IDC Health Insights. The 2014 report
[http://eu.veeva.com/resources/perspective-idc-health-insights-top-preferred-life-science-technology-vendors-for-2014 ]
shows Veeva was the only software provider to increase its
position, climbing four places, and is now fourth ranked overall.

    (Logo:
http://photos.prnewswire.com/prnh/20120425/527164 )

    The only industry cloud vendor to be named, Veeva delivers cloud-based software
solutions specifically designed to help life sciences companies achieve their most
strategic objectives - bringing drugs to market faster and more efficiently, maximising
revenues, and maintaining compliance with government regulations.

    The results of this industry-wide survey follows the IDC MarketScape, conducted by IDC
Health Insights, naming Veeva a leader in its 2013 assessment
[http://eu.veeva.com/resources/idc-marketscape-worldwide-life-science-crm-software-2013-vendor-assessment ]
of life sciences CRM solution providers[2]. The IDC MarketScape noted
Veeva CRM's user interface, ease-of-use, and breadth of functionality as "among the best
in the industry."

    "The company's sole focus on the life sciences industry boosts Veeva's unique
understanding of market wants and needs," the IDC MarketScape report continued. "This was
echoed by the firm's customers, which gave Veeva's life science market expertise extremely
high marks."

    Life sciences companies are increasingly relying on Veeva's cloud-based technology
solutions - spanning from commercial to clinical. Veeva's Commercial Suite, including
Veeva CRM, Veeva Network, and Veeva Vault, enables life sciences companies to create a
complete, up-to-date view of the customer, deliver and manage compliant content, and
engage customers across communication channels. Veeva's Development Suite of content
management applications provides life sciences companies unparalleled visibility and
control over complex document processes. By connecting business applications for clinical
trial documents, regulatory submissions content, and quality documentation, the
Development Suite helps companies work more efficiently while collaborating globally and
strengthening compliance.

    IDC Health Insights' 1Q14 Leading Indicators in Life Sciences IT Spending Survey is a
biannual budget tracking survey of several hundred life science companies. The survey,
which received responses from 107 companies on planned IT budgetary spend, technology
priorities, and vendor preferences, asked participants to identify which vendors servicing
the life sciences market they expect to spend money with on software, hardware, and IT
services during 2014.

    About Veeva Systems

    Veeva Systems is a leader in cloud-based software for the global life sciences
industry. Committed to innovation, product excellence, and customer success, Veeva has
more than 170 customers, ranging from the world's largest pharmaceutical companies to
emerging biotechs. Founded in 2007, Veeva is headquartered in the San Francisco Bay Area,
with offices in Philadelphia, Columbus, Toronto, Barcelona, Budapest, London, Paris,
Beijing, Shanghai, Osaka, Tokyo, Sydney, and Singapore. For more information, visit
http://www.veeva.com.

    1. IDC Perspective: IDC Health Insights' Top Preferred Life Science Technology Vendors
for 2014, doc #HI246612, February 2014.

    2. IDC MarketScape: Worldwide Life Science CRM Software 2013 Vendor Assessment, doc
#HI242172, July 2013.

       
        Contact:

        Lisa Barbadora
        Public Relations
        Veeva Systems Inc.
        pr@veeva.com

    Photo:
    http://photos.prnewswire.com/prnh/20120425/527164

Photo:http://photos.prnewswire.com/prnh/20120425/527164
http://photoarchive.ap.org/
Veeva Systems

CONTACT: +1-610-420-3413

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