The life sciences industry includes biopharmaceuticals, medical instruments and devices, animal and agricultural bioscience and commercial research and testing, with the biopharmaceutical sector accounting for nearly 85 percent of all expenditures. While the U.S. accounts for 46 percent of the global total for life sciences research and development, increasing competition from Asia—and pressure to improve productivity by introducing new products as patents expire—is forcing the industry to look at new ways of doing things. This includes choosing new software applications with cloud-based solutions designed to help life sciences companies achieve their goals with tighter margins and global competition.
A Life Science IT Spending Survey released by IDC Health Insights has identified Veeva Systems as one of the top preferred software providers to the industry for the second year, coming in fourth overall. According to IDC the company's life sciences CRM solution was among the best in the industry with a user interface that was easy to use while providing a range of functionality.
Cloud-based software solutions provider Veeva offers life sciences companies the tools they need to bring new products to market faster by maintaining compliance with government regulations, introducing new levels of efficiency and maximizing revenues. It delivers regulated content management applications for every part of a life sciences company including R&D, clinical trials, quality and manufacturing.
"The company's sole focus on the life sciences industry boosts Veeva's unique understanding of market wants and needs. This was echoed by the firm's customers, which gave Veeva's life science market expertise extremely high marks," the IDC MarketScape.
The Veeva Commercial Suite includes Veeva CRM, Veeva Network, and Veeva Vault to provide integrated solutions that enables life sciences companies a comprehensive view across all channels. By integrating the complexities associated with clinical trials, regulatory submission content and quality documentation, organizations will be able to work more efficiently with global collaborations that seamlessly bring together many different facilities and colleagues.
The Veeva Systems Vault Platform Cloud Infrastructure provides enterprise-class infrastructure, security and reliability with:
- Global access
- High availability
- Seamless upgrades
- Elastic content storage
- Disaster recovery
- Data backups
- Real-time performance monitoring
- High performance
- SysTrust certified security and SSAE 16 SOC 1 Type II Certified Data Center
Veeva Systems was founded in 2007, and it has offices in Philadelphia, Columbus, Toronto, Barcelona, Budapest, London, Paris, Beijing, Shanghai, Osaka, Tokyo, Sydney, and Singapore with its headquarters in the San Francisco Bay Area. The company has more than 170 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs.
Edited by
Alisen Downey
