🔴 Veeva Systems Inc VEEV Stock Trading Facts 🔴
Stuff About Stocks
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Published: June 6, 2022
Insights
This video provides a concise, fact-based overview of Veeva Systems Inc. (VEEV), presenting essential corporate and trading information typically sought by stock market analysts and investors. The presentation is purely descriptive, focusing on establishing the identity and current financial snapshot of the company, which is the dominant cloud software provider for the pharmaceutical and life sciences industries.
The speaker immediately identifies the subject as Veeva Systems Inc., noting its ticker symbol, VEEV. The presentation then moves swiftly into foundational corporate details, establishing the company’s history and leadership structure. Key facts shared include the founding year of 2007, the location of its headquarters in Pleasanton, California, and the name of its Chief Executive Officer, Peter Gassner. These details are crucial for understanding the stability and origins of the enterprise whose software forms the backbone of commercial and clinical operations for many of IntuitionLabs.ai’s potential clients.
The core of the video focuses on current financial metrics relevant to the stock market. Specific data points provided include the share price at the time of recording, listed at $170.79 per share, and the overall market capitalization, which stands at a substantial $26.44 billion. The presentation includes a visual display of the historical trading chart, although no technical analysis or commentary on market trends is offered. The video’s primary purpose is to quickly disseminate these basic, verifiable facts to a trading audience, serving as a quick reference point for the company’s market valuation and scale.
For a specialized consulting firm like IntuitionLabs.ai, this information, though basic, confirms the robust market standing of their primary platform partner. The significant market capitalization of Veeva Systems underscores its entrenched position within the regulated life sciences sector, validating the strategic decision to specialize in Veeva CRM consulting and integration. The stability and scale reflected in VEEV’s valuation suggest a long-term, reliable ecosystem for developing and deploying AI and LLM solutions that integrate with Veeva’s suite of products, ensuring that investments in custom software development are built upon a durable and widely adopted enterprise foundation.
Key Takeaways:
- Confirmation of Market Dominance: The substantial market capitalization of $26.44 billion confirms Veeva Systems’ position as the dominant, well-capitalized software provider in the life sciences sector, validating IntuitionLabs.ai’s strategic focus on the Veeva ecosystem.
- Strategic Platform Stability: The high valuation and established corporate history (founded in 2007) indicate long-term stability for the Veeva platform, assuring clients that investments in Veeva CRM consulting and custom AI integrations are built on a reliable, enduring enterprise foundation.
- Leadership Identification: The video identifies Peter Gassner as the CEO, providing a key reference point for tracking corporate strategy, product roadmaps, and potential shifts in the Veeva ecosystem that could impact IntuitionLabs.ai’s service offerings.
- Geographic Context: Veeva’s headquarters in Pleasanton, California, reinforces its identity as a Silicon Valley-based technology leader, suggesting a continued focus on innovation and cloud-based solutions relevant to AI integration.
- Financial Health Indicator: The stock price ($170.79 per share) and market cap provide a current snapshot of investor confidence, which is an indirect measure of the perceived health and growth trajectory of the regulated pharmaceutical software market.
- Targeting and Positioning: Understanding VEEV’s market standing allows IntuitionLabs.ai to better position its Veeva CRM Consulting services, emphasizing that their expertise is focused on the industry standard platform backed by significant financial resources and widespread adoption.
- Ecosystem Investment Justification: The strong financial metrics of Veeva justify continued internal investment by IntuitionLabs.ai in developing specialized AI agents and LLM solutions (like the Generative AI Sales Ops Assistant) that specifically leverage Veeva data and workflows.
- Competitive Landscape Context: While the video is not competitive analysis, VEEV’s scale serves as a benchmark for the enterprise software market, helping IntuitionLabs.ai understand the scale and quality required for solutions that operate within this regulated environment.
Tools/Resources Mentioned:
- Veeva Systems Inc. (VEEV) Stock Ticker
- Historical Trading Chart (Visual reference)
Key Concepts:
- Market Capitalization: The total dollar market value of a company's outstanding shares of stock, used here ($26.44 billion) as a measure of Veeva’s size and market influence.
- Ticker Symbol (VEEV): The abbreviation used to uniquely identify Veeva Systems Inc. on stock exchanges.