Competitive ThreatsSalesforce's hiring of executives with Life Sciences expertise from Veeva and other digital health companies poses a competitive threat.
Customer Sentiment And CostsRecent feedback indicates pushback from Veeva customers on migration plans, with high costs being a major concern.
Market Share And CompetitionRisk of market share loss and pricing pressure in CRM, which accounts for about 25% of Veeva's revenue, is a significant concern.