Veeva’s Cloud Can Keep Gaining Altitude

Quality medicine is rarely cheap. The same could be said for quality cloud companies.

Such is certainly the case for Veeva Systems, which provides a suite of cloud-based software services for pharmaceutical companies and others in the life-sciences industry to track and monitor the development of their products. It has been a hit. Revenue growth has averaged 33% annually over the past five fiscal years, and the company expects its revenue to cross the $1 billion mark in the current fiscal year ending in January. Not coincidentally,…

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