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Veeva OpenData and Veeva Network Enable Coordinated Customer Engagement for Boehringer Ingelheim
Prnewswire· 2025-07-23 11:03
Core Insights - Boehringer Ingelheim has standardized customer data across over 100 countries using Veeva OpenData and Veeva Network, enhancing their ability to engage healthcare professionals with relevant information and laying the groundwork for AI scalability [1][2] Group 1: Partnership and Strategy - The partnership with Veeva aims to strengthen customer engagement and facilitate future AI applications, providing a unified customer view for Boehringer Ingelheim's field and brand teams [2] - By consolidating its data strategy into a single comprehensive solution, Boehringer Ingelheim is simplifying data management and improving efficiencies, ensuring quick access to high-quality customer data [2][3] Group 2: Technology and Integration - Veeva's integrated solution, which includes Vault CRM, OpenData, and Network, is designed to connect data, enhance healthcare professional engagement, and drive AI innovation at scale [3] - Veeva OpenData is part of the broader Veeva Data Cloud, which encompasses various tools aimed at improving collaboration among sales, marketing, and medical teams [3] Group 3: Company Overview - Veeva Systems is recognized as a global leader in cloud software for the life sciences sector, serving over 1,000 customers, including major biopharmaceutical companies and emerging biotech firms [4]
VEEV Stock May Gain on the Launch of China Campaign Manager for Pharma
ZACKS· 2025-06-17 16:41
Core Insights - Veeva Systems has launched the Veeva China Campaign Manager, a solution aimed at enhancing omnichannel engagement for pharmaceutical companies in China, focusing on compliance and customer experience [1][4][6] - This launch reflects Veeva's strategy to localize and innovate its offerings in high-growth international markets, particularly as digital engagement becomes essential in life sciences [2][4] - The Veeva China Campaign Manager is designed to meet the unique regulatory and commercial needs of the Chinese market, providing tools for effective and personalized campaigns [4][7] Company Performance - Following the announcement of the new campaign manager, Veeva's shares closed flat at $284.58, but have seen a year-to-date increase of 34.4%, outperforming the industry growth of 24.6% [3] - Veeva Systems currently has a market capitalization of $46.2 billion and anticipates a 14.6% growth in earnings for fiscal 2026 [5][6] Product Features - The Veeva China Campaign Manager integrates with the Veeva CRM suite, enhancing campaign execution through personalization, analytics, and coordination between sales and marketing [6][8] - Key features include advanced tagging and segmentation for precision targeting, customizable surveys for feedback, and a goal-oriented tracking system for campaign effectiveness [8][9] - The platform supports synchronized planning and execution across various engagement channels, allowing field representatives to dynamically adjust their strategies [8][9][10] Market Position - The launch positions Veeva Systems for long-term growth in one of the largest pharmaceutical markets globally, enhancing its competitive edge in Asia-Pacific [4][10] - Veeva's continued investment in region-specific tools like the Campaign Manager strengthens its role as a key technology enabler for pharmaceutical commercialization in the region [10]