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Veeva CRM and Salesforce: The Ultimate Showdown in Cloud Pharma Solutions

4 min read

December 19, 2024

Change is in the air for the life sciences CRM industry—and it's not just a ripple, it's a tidal wave. Veeva CRM, a household name in pharmaceutical cloud solutions, is stepping away from its long-standing partnership with Salesforce. This seismic shift, scheduled for 2025, raises a big question: What does this mean for the future of cloud-based CRM?

Let’s dive into this exciting tale of ambition, innovation, and the battle for dominance in the world of life sciences technology.

The Backstory: A Perfect Union

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Once upon a time, Veeva CRM and Salesforce joined forces to create the ultimate CRM solution for the pharmaceutical industry. Since 2007, this dynamic duo leveraged Salesforce’s robust platform to help life sciences companies manage customer relationships, regulatory compliance, and multichannel engagement.

The partnership brought:

  • Speed to Market: Veeva could develop without the headache of building its own infrastructure.
  • Top-Notch Security: Thanks to Salesforce’s world-class encryption and compliance standards.
  • Scalability: As the life sciences industry grew, so did the capabilities of Veeva CRM.

Sounds like the perfect match, right? But as the years passed, cracks began to show.

The Big Breakup: Why Is Veeva Leaving Salesforce?

Behind the scenes, Veeva was itching for independence. The reasons?

  • Cutting Costs: Veeva paid Salesforce a hefty fee for each user. By going solo, they can save big.
  • Control Freak? Maybe! Owning its technology stack allows Veeva to innovate on its terms.
  • Dream Bigger: Veeva doesn’t just want to be a CRM provider—it aims to be the go-to tech partner for the entire life sciences industry.

In short, Veeva CRM wanted to fly solo, and by 2025, it will.

Meet the Veeva Vault: The New Home of Veeva CRM

Moving out is never easy, but Veeva found the perfect new place: its Veeva Vault platform. Imagine a sleek, high-tech apartment designed just for life sciences. Here’s why it’s exciting:

  • Built for Life Sciences: Every feature is tailored for pharmaceutical companies.
  • Always Connected: REST APIs mean it plays nice with other platforms.
  • Secure and Scalable: Global data centers ensure your data is safe and accessible.

With Veeva CRM moving to the Vault, customers can expect a streamlined experience with everything they need under one roof.

What’s Salesforce Cooking Up?

You didn’t think Salesforce would sit quietly, did you? Losing Veeva CRM might seem like a blow, but Salesforce has a few tricks up its sleeve.

Enter Life Sciences Cloud

Coming in mid-2024, Salesforce’s Life Sciences Cloud is designed to fill the gap left by Veeva. This new product will cater to biotech, pharmaceutical, and MedTech companies. And to make sure they get it right, Salesforce hired Frank Defesche, a former Veeva executive, to lead the charge.

But here’s the twist: Salesforce can’t directly compete with Veeva until their contract ends in 2025. So, expect some creative solutions and maybe even a sprinkle of AI to spice things up.

What Does This Mean for You?

If you're in the life sciences industry, this shake-up means one thing: change is coming.

  • For Veeva Customers: Transitioning to the Veeva Vault may require some effort, but the long-term benefits—cost savings, improved performance, and unified systems—are worth it.
  • For Salesforce Fans: The new Life Sciences Cloud promises to bring fresh options tailored to your needs.

Either way, innovation is the name of the game, and the industry is about to get more exciting than ever.

The Final Word

The end of the Veeva CRM-Salesforce partnership is like watching the finale of your favorite show: bittersweet but full of possibilities. Veeva’s bold move to independence could redefine what a life sciences CRM can be, while Salesforce’s upcoming Life Sciences Cloud shows they’re not backing down from the challenge.

The question now isn’t whether these two giants can survive apart—it’s who will lead the charge into the future. As 2025 approaches, one thing’s for sure: the competition is going to be fierce, and you won’t want to miss a moment of it.

Book a free consultation with our experts today and discover how Salesforce can transform your business:
Schedule a Consultation https://calendly.com/prateek-nqa

WRITTEN BY

Hrushikesh Kshirsagar

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