Veeva holds Analyst & Investor day yesterday; webcast available

Tom Paine

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Veeva Systems, the cloud-based life sciences SaaS and information company, held its annual Analyst & Investor day yesterday. Veeva, based in California, has a presence in Delaware and Montgomery Counties, and is important to the region because it interacts with so many life sciences companies and suppliers.

The link for the session, where you can view the webcast,
is here near the bottom of the page. For a summary, I would suggest listening to CEO Peter Gassner's opening introduction and President and Wallingford native Matt Wallach's presentation.

Veeva also stated some important goals yesterday, including reaching $1 billion in revenue by calendar year 2020 with about 50% of it coming from non-CRM sources. Also, for you life sciences junkies out there, I'm sure you'll be fascinated about how Veeva breaks down and analyzes almost every aspect of the industry.

Highlights 10/1: Inquirer owner has pondered nonprofit status; Hospitals - ready or not - make ICD-10 switch

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Google Launches New Cloud Platform Region To Better Serve Eastern U.S.
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Hospitals flip the ICD-10 switch, adding 68,000 ways to tell you're sick (Computerworld)

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Philly media owner explored a nonprofit path (Poynter)

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Geraldine McBride ran SAP' North America business from Newtown Square, but as is the norm didn't stay
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Inside the world’s largest software industry conference (Fortune)

Ben Franklin TechVentures in Bethlehem gets more funds for facility expansion

Tom Paine

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The US Department of Commerce's Economic Development Administation (EDA) announced Tuesday that it has awarded $1.7 million to Ben Franklin Technology Partners of Northeastern Pennsylvania to expand its TechVentures incubator in Bethlelem.

The funds will help Ben Franklin add 14,500 square feet to its existing 47,000 square foot facility located on the Lehigh University campus. Its not clear, however, that the entire expansion, which will cost an estimated $7.5 million, has been funded yet.

Rendering of expanded Ben Franklin TechVentures Facility /
BFTP NEP

Ben Franklin officials say rentable space in the existing TechVentures facility is 97% occupied, according to the Morning Call.