Veeva Systems Sees AI as Growth Engine Beyond $6B 2030 Target

Veeva Systems sees artificial intelligence as a growth engine beyond its $6 billion 2030 revenue target. The company is developing Vault AI for embedded assistance and Falcon for agentic workflow automation, with monetization expected to vary from token-based consumption to outcome-based pricing and enterprise licenses. Veeva's AI strategy includes a major shift for the company, with AI agents and expansion into horizontal markets considered incremental opportunities. Monetization will likely vary by AI offering and use case, with Vault AI primarily monetized through consumption and Falcon priced based on outcomes or enterprise licenses.