Veeva Techniques Inc. (NYSE:VEEV) Annual William Blair Development Inventory Convention June 4, 2025 2:20 PM ET
Firm Individuals
Brian Van Wagener – Chief Monetary Officer
Convention Name Individuals
Dylan Tyler Becker – William Blair & Firm L.L.C., Analysis Division
Dylan Tyler Becker
Thanks, everyone. Admire your time and a focus right here. My title is Dylan Becker. I am the analysis analyst right here at William Blair that covers Veeva Techniques. Now we have the CFO, Brian Van Wagener right here with us at the moment.
For the entire needed disclosures with at the moment’s presentation, you’ll find these on williamblair.com. However Brian, thanks for becoming a member of us.
Brian Van Wagener
Thanks for having me.
Query-and-Reply Session
Dylan Tyler Becker
There’s various ranges of familiarity within the viewers at the moment. Clearly, Veeva has been a really profitable enterprise for fairly a very long time. However might you form of assist us stage set the dialog, lay the land how Veeva and the place Veeva was began, the issues you are seeking to remedy and the way you consider form of the life sciences ecosystem?
Brian Van Wagener
Sure, completely. So Veeva was based in 2007 by Peter Gassner, nonetheless our CEO, initially as a vertical CRM firm. So we have been constructed on the Salesforce platform, promoting CRM. Initially, the life sciences. The thesis for the enterprise at the moment had been promote CRM into a number of completely different trade verticals.
Over time, that developed into the enterprise as we have now now, which is a vertically pushed software program enterprise. So we’re one of many few vertical software program corporations as a substitute of promoting one or just a few merchandise to all corporations, all industries, we focus actually completely on one trade at the moment, which is the life sciences trade and have a bit over 50 merchandise throughout 8 completely different suites.
So it is a fairly large enterprise. We have been very
