This is a snippet of the transcript, sign up to read more.
In a nutshell, two things I think they're doing well are stakeholder engagement and the UI/UX aspect. I'll elaborate on stakeholder engagement. Veeva follows the model of early adopters. They're very involved with their clients in understanding their pain points, needs, and gaps in existing solutions.
This is a snippet of the transcript, sign up to read more.
Medidata offers a comprehensive solution, but it's a legacy platform. They've struggled in recent years, particularly the past five years, with siloed systems and processes. Previously, everything was its own platform, requiring physical integrations. They're slowly building integrations, which causes performance issues. They underwent serious refactoring and optimization to remain competitive, but this increases costs, and they charge a premium.
This is a snippet of the transcript, sign up to read more.
Some things are tightly integrated, and some things are loosely integrated. If you notice, they have different product suites, like the clinical suite. It used to be two separate ones, clinical and data, but they merged them while I was there. These were two different product infrastructures, so they aren't really connected.
This is a snippet of the transcript, sign up to read more.
This document may not be reproduced, distributed, or transmitted in any form or by any means including resale of any part, unauthorised distribution to a third party or other electronic methods, without the prior written permission of IP 1 Ltd.
IP 1 Ltd, trading as In Practise (herein referred to as "IP") is a company registered in England and Wales and is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice.
In Practise reserves all copyright, intellectual and other property rights in the Content. The information published in this transcript (“Content”) is for information purposes only and should not be used as the sole basis for making any investment decision. Information provided by IP is to be used as an educational tool and nothing in this Content shall be construed as an offer, recommendation or solicitation regarding any financial product, service or management of investments or securities. The views of the executive expressed in the Content are those of the expert and they are not endorsed by, nor do they represent the opinion of In Practise. In Practise makes no representations and accepts no liability for the Content or for any errors, omissions, or inaccuracies will in no way be held liable for any potential or actual violations of laws, including without limitation any securities laws, based on Information sent to you by In Practise.
© 2024 IP 1 Ltd. All rights reserved.