Veeva Systems (VEEV)

Overall impact
B (61)

Commentary

Veeva Systems is a strong overall performer. With a 'B' rating of 60.9 for overall impact (65th percentile compared to all companies), Veeva Systems ranks 52nd out of 96 industry peers, behind Suvoda, Gainwell Technologies, Healthequity and 48 others, and ahead of Maximus, NantHealth, Bionano Genomics and 41 others. On top material causes for Veeva Systems's industry (Healthcare Software & Services), Veeva Systems performs poorly in Equal Pay and Opportunity (35.3 score). Veeva Systems did not receive an 'A' rating on any cause.
Impact
Cause VEEV
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Company
Founded
2007
Employees
7,291
Sector
Health Care
Industry
Health Care Providers & Services
Sub-industry
Health Care Services
SASB industry
Software & IT Services
Headquarters
Ca, United States
Share classes
VEEV
Mission
The leader in cloud-based software for the global life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 700 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs.
Description
Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud comprising Veeva Vault CRM Suite for pharmaceutical and biotechnology companies; Veeva Medical that provides a source of medical content across multiple channels and geographies; Veeva PromoMats, an end-to-end content and digital asset management solution; and Veeva Crossix, an analytics platform for pharmaceutical brands. It also provides Veeva Data Cloud consisting of Veeva OpenData, a customer reference data solution; Veeva Link, which provides deep data; Veeva Compass, which includes de-identified and longitudinal patient data; and Veeva CRM Pulse that provides access and multichannel engagement metrics. In addition, the company offers Veeva Development Cloud consisting of Veeva Clinical Platform, which advances clinical trial execution; Veeva Clinical Data Management that helps sponsors and CROs design and run trials; Veeva Safety, which unifies systems and processes; and Veeva RIM that provides regulatory information management capabilities. It also offers Veeva Quality Cloud, which is used by the life sciences and consumer products industries, and Veeva Business Consulting services. Further, it provides professional and support services, including implementation and deployment planning, and project management; requirements analysis, solution design, and configuration; systems environment management and deployment; services focused on advancing or transforming business and operating processes; technical consulting services on data migration and systems integrations; training; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.
Material causes
Ethos considers the following causes material for Veeva Systems, based on its industry sub-industry Health Care Services. Learn more about material causes in our methodology overview.

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