Fortune recognitions follow Forbes recent naming of Veeva as 8th
on their annual Fast Tech 25 list
PLEASANTON, Calif.--(BUSINESS WIRE)--
Veeva
Systems (NYSE: VEEV) today announced that Fortune magazine
ranked Veeva the #1 up-and-coming challenger in the Fortune
Future 50 list of U.S. companies poised for breakout growth. This
latest industry recognition follows recent accolades from Fortune
and Forbes which named Veeva #18 on the Fortune
100 Fastest-Growing Companies list and #8 on the Forbes
Fast Tech 25.
“Thanks to the Veeva team for your commitment to product excellence and
dedication to customer success,” said Peter Gassner, founder and CEO of
Veeva. “Through your skill, dedication and teamwork we have become a
strategic technology partner to the life sciences industry.”
Veeva Tops Fortune Future 50 List
Fortune and Boston Consulting Group assessed 2,300 U.S. public
firms to make up the inaugural Future 50 companies poised for strong
growth. The list ranked 25 large companies and 25 up-and-coming
challengers, with Veeva
named as the #1 up-and-coming challenger.
“A lot of the metrics that we use to evaluate businesses and their
growth tend to be backward looking,” said
Brian O’Keefe, deputy editor of Fortune. “So we needed to
create a new system that identifies companies that are well positioned
to adapt and grow in a future environment.”
The defining characteristic of a Future 50 company is its vitality, or
the ability to re-invent, explore new options, and renew strategies to
achieve sustained, long-term growth. “Veeva has become an indispensable
nucleus for the life sciences industry, helping Big Pharma manage
customer databases, track drug developments, and organize clinical
trials,” according to Fortune.
More information on the methodology of the Fortune Future 50 is
available here.
Fortune and Forbes Name Veeva Top Performing
Cloud Software Company
Veeva was also recently named among the top three enterprise cloud
software firms on Fortune and Forbes’ annual rankings of
fastest-growing companies. Veeva was #18 on the Fortune
100 Fastest-Growing Companies list, marking the company’s first time
on the list in its first year of eligibility. Fortune’s annual
rankings showcase the top three-year performers in revenues, profits,
and stock returns. “The 100 Fastest-Growing Companies list is Fortune’s
annual ranking of the hottest companies by business performance and
market performance,” added
O’Keefe.
Earlier this year, Forbes named Veeva as one of its Fast
Tech 25 fastest-growing public technology companies. It is the
second year in row that Veeva has made the list, this year at #8. The
annual list ranks the 25 fastest-growing technology companies based on
their three-year average sales growth rates.
Additional Information
Connect with Veeva on LinkedIn: linkedin.com/company/veeva-systems
Follow
@veevasystems on Twitter: twitter.com/veevasystems
Like
Veeva on Facebook: facebook.com/veevasystems
About Veeva Systems
Veeva Systems Inc. is a leader in cloud-based software for the global
life sciences industry. Committed to innovation, product excellence, and
customer success, Veeva has more than 550 customers, ranging from the
world's largest pharmaceutical companies to emerging biotechs. Veeva is
headquartered in the San Francisco Bay Area, with offices in Europe,
Asia, and Latin America. For more information, visit veeva.com.
® 2017 Veeva Systems Inc. All rights reserved. Veeva and the Veeva logo
are trademarks of Veeva Systems Inc.
Veeva Systems Inc. owns other
registered and unregistered trademarks.
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Source: Veeva Systems Inc.