Veeva Systems Introduces Advanced Technology and Support for Generative AI Solutions

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Veeva Systems, a leading provider of cloud software for the life science industry, has announced the launch of the Veeva AI Partner Program. The program aims to offer partners advanced technology and support to seamlessly integrate generative AI solutions into Veeva Vault applications.

“Our customers are exploring generative AI solutions for a variety of use cases as the technology continues to evolve,” says Tom Schwenger, President and Chief Customer Officer of Veeva. “The Veeva AI Partner Program provides access to key technologies to support partners in developing generative AI solutions that seamlessly integrate with Veeva applications.”

The Veeva AI Partner Program includes training and support for Vault Direct Data API, which enables partners to build expertise in leveraging the unique high-speed API of the Veeva Vault platform. This new class of API provides up to 100 times faster access to Vault data compared to traditional APIs and ensures transactional security and consistency across large data sets.

Additionally, the program offers the Vault Application Sandbox for partners to develop, test, and support applications associated with Veeva Vault applications.

The Veeva AI Partner Program is part of Veeva’s strategy to enable AI for the life science industry. The Vault Direct Data API and the AI Partner Program make it easier for customers and partners to develop AI applications that seamlessly integrate with Vault applications.

To learn more about the Veeva AI Partner Program, companies can visit veeva.com/AIPartnerProgram.

About Veeva Systems:
Veeva is a global leader in cloud software for the life science industry. With a commitment to innovation, product quality, and customer success, Veeva serves over 1,000 customers, ranging from the world’s largest biopharmaceutical companies to emerging biotechs. As a values-driven company, Veeva is dedicated to aligning the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.

Forward-Looking Statements:
This press release contains forward-looking statements regarding Veeva’s products and services and the expected results or benefits from the use of our products and services. These statements are based on our current expectations. Actual results may significantly differ from the statements made in this press release, and we are under no obligation to update these statements. There are numerous risks that could negatively impact our results, including the risks and uncertainties listed in our Form 10-K for the fiscal year ended January 31, 2024, which can be found here (a summary of the risks that could affect our business can be found on pages 9 and 10), as well as our subsequent SEC filings, which you can access at sec.gov.

Contact:
Meera Lakhani-Patel
Veeva Systems
+44-790-430-0698
[email protected]

Veeva Systems, a leader in cloud software for the life science industry, has recently unveiled the Veeva AI Partner Program. This program aims to provide advanced technology and support to partners, enabling them to seamlessly integrate generative AI solutions into Veeva Vault applications. The adoption of generative AI solutions is gaining momentum as the technology continues to evolve.

By joining the Veeva AI Partner Program, partners will have access to key technologies that support the development of generative AI solutions that integrate with Veeva applications. One of the key technologies provided is the Vault Direct Data API, which offers partners the opportunity to build expertise in leveraging the high-speed API of the Veeva Vault platform. This API provides significantly faster access to Vault data, up to 100 times faster than traditional APIs, ensuring efficient transactional security and consistency across large data sets.

Furthermore, the program includes the Vault Application Sandbox, which allows partners to develop, test, and provide support for applications associated with Veeva Vault applications. This sandbox environment enables partners to refine their AI applications and ensure their compatibility with Veeva’s offerings.

The Veeva AI Partner Program serves as part of Veeva’s overarching strategy to drive AI adoption within the life science industry. By offering the Vault Direct Data API and the AI Partner Program, both customers and partners are empowered to create and deploy AI applications that seamlessly integrate with Veeva Vault applications.

Moving forward, Veeva Systems aims to continue fostering innovation and customer success in the life science industry through its cloud software solutions.

Although the article does not provide specific information on current market trends or forecasts related to Veeva Systems’ AI Partner Program, it is anticipated that the program will contribute to the acceleration of AI adoption in the life science industry. AI technologies have the potential to enhance efficiency, improve decision-making processes, and drive innovation in drug discovery, clinical trials, and other aspects of the life science field.

One of the key advantages of the Veeva AI Partner Program is the access it provides to the Vault Direct Data API. This API enables partners to leverage high-speed data access, significantly improving their ability to develop AI solutions within the Veeva Vault platform. The faster access to Vault data ensures quicker performance and streamlined processes for partners using generative AI technologies.

On the other hand, a potential disadvantage of the Veeva AI Partner Program is the need for partners to invest time and resources in acquiring expertise in leveraging the API and developing AI applications. It may require additional training and learning curves for partners who are new to generative AI technologies or the Veeva platform.

Overall, the Veeva AI Partner Program demonstrates Veeva Systems’ commitment to innovation and enabling AI advancements in the life science industry. It provides partners with the necessary tools and support to integrate generative AI solutions seamlessly, facilitating the development of innovative applications that can enhance the efficiency and effectiveness of the life science sector.

For additional information about the Veeva AI Partner Program, interested companies can visit veeva.com/AIPartnerProgram.

To stay informed about the latest market trends, forecasts, and challenges associated with AI in the life science industry, you can explore the following reputable sources:

1. Deloitte: Deloitte offers insights and analysis on various industries, including life sciences and AI.

2. McKinsey & Company: McKinsey frequently publishes reports and articles on emerging trends and technologies in healthcare and life sciences, including AI.

3. IBM Watson Health: IBM Watson Health focuses on applying AI and data analytics to improve healthcare and life science outcomes. Their publications provide valuable insights on market trends and predictions.

As always, it’s recommended to consult multiple sources and industry experts to gain a comprehensive understanding of the market trends, forecasts, and challenges associated with AI in the life science industry.