Everest Group PEAK Matrix® for Veeva Service Providers 2021
Transcript of Everest Group PEAK Matrix® for Veeva Service Providers 2021
Copyright copy 2021 Everest Global Inc
This document has been licensed for exclusive use and distribution by NNIT
EGR-2021-46-E-4330
Focus on NNIT
April 2021
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
2Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Background of the research
As an increasing number of pharmaceutical companies experiment with different ways to cut costs while boosting productivity the industry is seeing the advantages of cloud-based
technologies and leaning heavily on them Veeva has become an indispensable nucleus for the life sciences industry helping life sciences enterprises manage customer databases track
drug developments and organize clinical trials
Veeva has seen massive growth since 2017 and is expected to triple its annual revenues in coming five years Veevarsquos Commercial Cloud business which is made up of the core
Customer Relationship Management (CRM) offering has now transitioned into a mature product with a dominant market share across top global pharma companies and its Development
Cloud (RampD) suite which now drives more than half of its total revenues has become a potential high-growth opportunity as industry takes action to unify its clinical systems and processes
to ease data sharing increase efficiency quality and speed in clinical trials while reducing costs
Veevarsquos expansion within the life sciences industry as well as newer industries such as consumer goods has resulted in the next wave of growth in corresponding IT services Veeva-
specific IT services is estimated to be around US$2 billion opportunity by 2025 and both global service providers and Veeva specialists are increasingly investing in establishing strong
Veeva partnership and service delivery capabilities in a crowding competitive landscape Service providers are building strong Veeva-specific solutions to expedite time-to-market for their
clients and are racing to build expertise in consulting implementation and post-implementation services to complement Veevarsquos product portfolio and further enhance their presence in this
rapidly evolving market
In this report we analyze 15 IT service providersrsquo Veeva services capabilities These service providers are mapped on the Everest Group PEAK Matrixreg a composite index of distinct
metrics related to a providerrsquos capability and market impact We focus on
Market trends for Veeva services
Assessment of service providers for Veeva services on several capability and market success-related dimensions
Enterprise sourcing considerations highlighting the strengths and limitations of each service provider
Scope of this report
Geography Industry Service providers
Global Life sciences
(biopharmaceuticals medical
devices and Contract Research
Organizations or CROs)
Veeva services
3Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Veeva Development Cloud
Clinical data management and
operations
Vault Clinical Suite
Regulatory
Vault RIM Suite
Quality
Vault Quality Suite
Safety
Vault Safety Suite
Veeva Medical Cloud120783Medical CRM
Veeva Medical CRM
Scientific content management
Vault MedComms
Veeva Commercial CloudData management
Veeva Network Veeva OpenData
Customer engagement
Multichannel Veeva CRM Veeva
Align Veeva Event Management
Analytics
Veeva Nitro Veeva Crossix
Content management
Veeva Vault PromoMats
Consulting Custom app development Implementation amp integration Maintenance amp support
This report focuses on Veeva services and offers insights into the key Veeva services
market trends
1 Medical Cloud suite is included as a part of Commercial Cloud offering for Veevarsquos revenue reporting purposes
4Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
High
Low
Low High
Everest Group PEAK Matrixreg
Veeva Services PEAK Matrixreg Assessment 2021 | NNIT positioned as Leader
Everest Group Veeva Services PEAK Matrixreg Assessment 20211
Aspirants
Leaders
Major Contenders
Aspirants
Vision amp capability
(Measures ability to deliver services successfully)
1 Assessments for Aqurance Base life science Conexus Solutions Inc Deloitte EPISTA Life Science Infosys and PwC Veeva services capabilities exclude service provider inputs and are based on Everest Grouprsquos proprietary Transaction
Intelligence (TI) database service provider public disclosures and Everest Grouprsquos interactions with Veeva services buyers
Source Everest Group (2021)
LeadersMajor Contenders
Aqurance
Atos
BASE life scienceConexus Solutions Inc
DeloitteGenpact
Infosys
EPISTA Life Science
PwC
Capgemini
Cognizant
HCL Technologies
NNIT
TCS
Accenture
Ma
rke
t im
pa
ct
(Me
asu
res
imp
act cre
ate
d in
th
e m
ark
et)
5Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Leaders
Accenture Cognizant NNIT and TCS
Leaders have a strong focus on talent and have heavily invested in upskilling resources across multiple Veeva certification streams they focus on certifying their developers who are
core to the implementation
They have demonstrated the ability to carry out large-scale transformational engagements covering the large portfolio of Veeva offerings they guide enterprises with Veeva adoption
while minimizing customization
These organizations have been recognized by Veeva as PremierePreferred services partner for multiple products and some are also co-developing industry- andor buyer segment-
specific solutions with Veeva
They have invested in acquiring niche Veeva partners to strengthen their Veeva capabilities and expand their global footprint
The Leaders have invested in building accelerators solutions and frameworks to expedite time-to-market for their clients
Major Contenders
Aqurance BASE life science Capgemini Conexus Solutions Inc Deloitte Genpact HCL Technologies and PwC
Major Contenders have demonstrable proof-points and have built meaningful capabilities in select areas within the Veeva services domain Companies like BASE life science have also
been recognized by Veeva as Premiere services partner across both Commercial as well as Development suites
Although Major Contenders have invested in building accelerators and custom solutions for clients their portfolio is often skewed toward Commercial Cloud services and they need to
focus on building better consulting and implementation capabilities for Development Cloud suite
Veeva-specialists such as BASE life science Conexus Solutions Inc and Aqurance have built strong product-specific capabilities but have limited delivery footprint often concentrated
in specific geographies such as Europe or North America
Aspirants
Atos EPISTA Life Science and Infosys
Aspirants have built niche capabilities but need to showcase demonstrable proof-points to build credibility They are largely focused on small- and mid-sized buyer segments
EPISTA Life Science is a Preferred services partner to Veeva for Development Cloud suite but needs to invest in expanding its delivery footprint and certified FTE-strength to cater to
larger global clients
These companies require making investments through partnerships or through building internal IPtools to build broader capabilities to cater to more buyer segments
Veeva Services PEAK Matrixreg characteristics
6Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 1 of 5)
Everest Group assessment ndash Leader
Strengths Limitations
NNIT has been recognized by Veeva as a ldquoPremiere services partnerrdquo for implementation services
of Vault RIM and Quality suites It is also a ldquoPreferred services partnerrdquo for Veeva eTMF product
indicating its strong capabilities and credibility in the rapidly-growing Veeva Vault product segments
Its acquisition of Valiance Partners a Veeva migration-certified partner has helped it to further its
migration capabilities and understanding of Veeva development cloud while expanding its market
access in the North American region
It is among very few service providers to have a strong co-innovation partnership with Veeva
indicating its deep technical and domain expertise It is working in collaboration with Veeva RampD
cloud team to build features in new products such as Vault CDMS and Safety suite and develop
solutions targeting SMB segment
The company has thoughtfully built different CoEs catering to different buyer segments enabling it
to customize offerings according to their needs (Veeva Powerhouse targeted at enterprise clients
and Veeva Core targeted at SMBs)
Clients appreciate its flexibility in engagement and solutioning approach Veeva Vault expertise
understanding of industry-business-specific needs and proximity to clients as its key strengths
NNITs onshore-centric delivery model may prevent its clients from capturing labor arbitrage
opportunities ndash abundant talent pools exists in offshore locations
Though NNIT has a strong foothold among large biopharma enterprises it can further improve its
capabilities in emerging user segments such as medical devices and SMB clients
While it has rich experience in serving clients in the European region its client base in other high
growth markets such as North America and Asia Pacific is relatively lower
Client feedback has highlighted that NNIT should further enhance its talent management
capabilities ndash specifically its ability to provision adequate number of resources ndash across different
phases of the engagement
Its portfolio is skewed toward clients looking for implementation and post-implementation
services however it should further enhance its consulting capabilities to better serve its clients in
building a strategic roadmap and guidance on business transformation
Market impact Vision amp capability
Market Adoption Portfolio mix Value delivered Overall
Vision and
strategy Scope of services
Innovation amp
investments Delivery Footprint Overall
Measure of capability High Low
7Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 2 of 5)
Provider overview
Coverage by Lines of Business (LOBs)
Biopharma Medical devices
Vision for Veeva services
NNITrsquos vision is to enhance its Veeva Powerhouse wherein the clients get an end-to-end implementation
and support service with a framework and a team of domain experts This solution ensures an agile and
safe transition as well as a smooth continuation of all clinical quality and regulatory processes The
standardized model makes it applicable in large corporations as well as small- and medium-sized
businesses The company wants to expand geographically based on current services in the US and
China and wants to breakthrough in the Veeva Outside Life Sciences (OLS) where many of its
accelerators within integrations migrations and professional services can create significant benefits for
petrochemicals and nutrition science companies
Overview of client base
NNIT clients include top-20 life science companies as well as mid-market biotech within Veeva RIM
Suite Veeva Quality Suite Veeva Clinical Suite and Veeva Safety
Veeva services revenue
ltUS$10 million US$10-20 million US$20-30 million gtUS$30 million
Percentage of projects by buyer size (annual revenue)
Small
(Less than US$1 billion)
Mid-sized
(US$1-10 billion)
Large
(gtUS$10 billion)
High (gt40) Medium (10-40) Low (lt10)
Serves the segment
Percentage of projects by geography
North America Europe (excluding UK) Asia Pacific
United Kingdom South America Middle East amp Africa
High (gt25) Medium (10-25) Low (lt10)
Source Everest Group (2021)
Percentage of projects by product suites (annual revenue)
Development Cloud Commercial Cloud Medical Cloud
High (gt40) Medium (10-40) Low (lt10)
Veeva certified experts 80-100
Does not serve the segment
Current partnership status with Veeva Certified
Development Cloud (Vault)
Clinical - Premiere Partner
Quality - Premiere Partner
Regulatory - Premiere Partner
Commercial Cloud
NA
Migration certification
Certified Vault migration partner
(Valiance Partners)
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
2Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Background of the research
As an increasing number of pharmaceutical companies experiment with different ways to cut costs while boosting productivity the industry is seeing the advantages of cloud-based
technologies and leaning heavily on them Veeva has become an indispensable nucleus for the life sciences industry helping life sciences enterprises manage customer databases track
drug developments and organize clinical trials
Veeva has seen massive growth since 2017 and is expected to triple its annual revenues in coming five years Veevarsquos Commercial Cloud business which is made up of the core
Customer Relationship Management (CRM) offering has now transitioned into a mature product with a dominant market share across top global pharma companies and its Development
Cloud (RampD) suite which now drives more than half of its total revenues has become a potential high-growth opportunity as industry takes action to unify its clinical systems and processes
to ease data sharing increase efficiency quality and speed in clinical trials while reducing costs
Veevarsquos expansion within the life sciences industry as well as newer industries such as consumer goods has resulted in the next wave of growth in corresponding IT services Veeva-
specific IT services is estimated to be around US$2 billion opportunity by 2025 and both global service providers and Veeva specialists are increasingly investing in establishing strong
Veeva partnership and service delivery capabilities in a crowding competitive landscape Service providers are building strong Veeva-specific solutions to expedite time-to-market for their
clients and are racing to build expertise in consulting implementation and post-implementation services to complement Veevarsquos product portfolio and further enhance their presence in this
rapidly evolving market
In this report we analyze 15 IT service providersrsquo Veeva services capabilities These service providers are mapped on the Everest Group PEAK Matrixreg a composite index of distinct
metrics related to a providerrsquos capability and market impact We focus on
Market trends for Veeva services
Assessment of service providers for Veeva services on several capability and market success-related dimensions
Enterprise sourcing considerations highlighting the strengths and limitations of each service provider
Scope of this report
Geography Industry Service providers
Global Life sciences
(biopharmaceuticals medical
devices and Contract Research
Organizations or CROs)
Veeva services
3Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Veeva Development Cloud
Clinical data management and
operations
Vault Clinical Suite
Regulatory
Vault RIM Suite
Quality
Vault Quality Suite
Safety
Vault Safety Suite
Veeva Medical Cloud120783Medical CRM
Veeva Medical CRM
Scientific content management
Vault MedComms
Veeva Commercial CloudData management
Veeva Network Veeva OpenData
Customer engagement
Multichannel Veeva CRM Veeva
Align Veeva Event Management
Analytics
Veeva Nitro Veeva Crossix
Content management
Veeva Vault PromoMats
Consulting Custom app development Implementation amp integration Maintenance amp support
This report focuses on Veeva services and offers insights into the key Veeva services
market trends
1 Medical Cloud suite is included as a part of Commercial Cloud offering for Veevarsquos revenue reporting purposes
4Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
High
Low
Low High
Everest Group PEAK Matrixreg
Veeva Services PEAK Matrixreg Assessment 2021 | NNIT positioned as Leader
Everest Group Veeva Services PEAK Matrixreg Assessment 20211
Aspirants
Leaders
Major Contenders
Aspirants
Vision amp capability
(Measures ability to deliver services successfully)
1 Assessments for Aqurance Base life science Conexus Solutions Inc Deloitte EPISTA Life Science Infosys and PwC Veeva services capabilities exclude service provider inputs and are based on Everest Grouprsquos proprietary Transaction
Intelligence (TI) database service provider public disclosures and Everest Grouprsquos interactions with Veeva services buyers
Source Everest Group (2021)
LeadersMajor Contenders
Aqurance
Atos
BASE life scienceConexus Solutions Inc
DeloitteGenpact
Infosys
EPISTA Life Science
PwC
Capgemini
Cognizant
HCL Technologies
NNIT
TCS
Accenture
Ma
rke
t im
pa
ct
(Me
asu
res
imp
act cre
ate
d in
th
e m
ark
et)
5Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Leaders
Accenture Cognizant NNIT and TCS
Leaders have a strong focus on talent and have heavily invested in upskilling resources across multiple Veeva certification streams they focus on certifying their developers who are
core to the implementation
They have demonstrated the ability to carry out large-scale transformational engagements covering the large portfolio of Veeva offerings they guide enterprises with Veeva adoption
while minimizing customization
These organizations have been recognized by Veeva as PremierePreferred services partner for multiple products and some are also co-developing industry- andor buyer segment-
specific solutions with Veeva
They have invested in acquiring niche Veeva partners to strengthen their Veeva capabilities and expand their global footprint
The Leaders have invested in building accelerators solutions and frameworks to expedite time-to-market for their clients
Major Contenders
Aqurance BASE life science Capgemini Conexus Solutions Inc Deloitte Genpact HCL Technologies and PwC
Major Contenders have demonstrable proof-points and have built meaningful capabilities in select areas within the Veeva services domain Companies like BASE life science have also
been recognized by Veeva as Premiere services partner across both Commercial as well as Development suites
Although Major Contenders have invested in building accelerators and custom solutions for clients their portfolio is often skewed toward Commercial Cloud services and they need to
focus on building better consulting and implementation capabilities for Development Cloud suite
Veeva-specialists such as BASE life science Conexus Solutions Inc and Aqurance have built strong product-specific capabilities but have limited delivery footprint often concentrated
in specific geographies such as Europe or North America
Aspirants
Atos EPISTA Life Science and Infosys
Aspirants have built niche capabilities but need to showcase demonstrable proof-points to build credibility They are largely focused on small- and mid-sized buyer segments
EPISTA Life Science is a Preferred services partner to Veeva for Development Cloud suite but needs to invest in expanding its delivery footprint and certified FTE-strength to cater to
larger global clients
These companies require making investments through partnerships or through building internal IPtools to build broader capabilities to cater to more buyer segments
Veeva Services PEAK Matrixreg characteristics
6Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 1 of 5)
Everest Group assessment ndash Leader
Strengths Limitations
NNIT has been recognized by Veeva as a ldquoPremiere services partnerrdquo for implementation services
of Vault RIM and Quality suites It is also a ldquoPreferred services partnerrdquo for Veeva eTMF product
indicating its strong capabilities and credibility in the rapidly-growing Veeva Vault product segments
Its acquisition of Valiance Partners a Veeva migration-certified partner has helped it to further its
migration capabilities and understanding of Veeva development cloud while expanding its market
access in the North American region
It is among very few service providers to have a strong co-innovation partnership with Veeva
indicating its deep technical and domain expertise It is working in collaboration with Veeva RampD
cloud team to build features in new products such as Vault CDMS and Safety suite and develop
solutions targeting SMB segment
The company has thoughtfully built different CoEs catering to different buyer segments enabling it
to customize offerings according to their needs (Veeva Powerhouse targeted at enterprise clients
and Veeva Core targeted at SMBs)
Clients appreciate its flexibility in engagement and solutioning approach Veeva Vault expertise
understanding of industry-business-specific needs and proximity to clients as its key strengths
NNITs onshore-centric delivery model may prevent its clients from capturing labor arbitrage
opportunities ndash abundant talent pools exists in offshore locations
Though NNIT has a strong foothold among large biopharma enterprises it can further improve its
capabilities in emerging user segments such as medical devices and SMB clients
While it has rich experience in serving clients in the European region its client base in other high
growth markets such as North America and Asia Pacific is relatively lower
Client feedback has highlighted that NNIT should further enhance its talent management
capabilities ndash specifically its ability to provision adequate number of resources ndash across different
phases of the engagement
Its portfolio is skewed toward clients looking for implementation and post-implementation
services however it should further enhance its consulting capabilities to better serve its clients in
building a strategic roadmap and guidance on business transformation
Market impact Vision amp capability
Market Adoption Portfolio mix Value delivered Overall
Vision and
strategy Scope of services
Innovation amp
investments Delivery Footprint Overall
Measure of capability High Low
7Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 2 of 5)
Provider overview
Coverage by Lines of Business (LOBs)
Biopharma Medical devices
Vision for Veeva services
NNITrsquos vision is to enhance its Veeva Powerhouse wherein the clients get an end-to-end implementation
and support service with a framework and a team of domain experts This solution ensures an agile and
safe transition as well as a smooth continuation of all clinical quality and regulatory processes The
standardized model makes it applicable in large corporations as well as small- and medium-sized
businesses The company wants to expand geographically based on current services in the US and
China and wants to breakthrough in the Veeva Outside Life Sciences (OLS) where many of its
accelerators within integrations migrations and professional services can create significant benefits for
petrochemicals and nutrition science companies
Overview of client base
NNIT clients include top-20 life science companies as well as mid-market biotech within Veeva RIM
Suite Veeva Quality Suite Veeva Clinical Suite and Veeva Safety
Veeva services revenue
ltUS$10 million US$10-20 million US$20-30 million gtUS$30 million
Percentage of projects by buyer size (annual revenue)
Small
(Less than US$1 billion)
Mid-sized
(US$1-10 billion)
Large
(gtUS$10 billion)
High (gt40) Medium (10-40) Low (lt10)
Serves the segment
Percentage of projects by geography
North America Europe (excluding UK) Asia Pacific
United Kingdom South America Middle East amp Africa
High (gt25) Medium (10-25) Low (lt10)
Source Everest Group (2021)
Percentage of projects by product suites (annual revenue)
Development Cloud Commercial Cloud Medical Cloud
High (gt40) Medium (10-40) Low (lt10)
Veeva certified experts 80-100
Does not serve the segment
Current partnership status with Veeva Certified
Development Cloud (Vault)
Clinical - Premiere Partner
Quality - Premiere Partner
Regulatory - Premiere Partner
Commercial Cloud
NA
Migration certification
Certified Vault migration partner
(Valiance Partners)
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
3Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Veeva Development Cloud
Clinical data management and
operations
Vault Clinical Suite
Regulatory
Vault RIM Suite
Quality
Vault Quality Suite
Safety
Vault Safety Suite
Veeva Medical Cloud120783Medical CRM
Veeva Medical CRM
Scientific content management
Vault MedComms
Veeva Commercial CloudData management
Veeva Network Veeva OpenData
Customer engagement
Multichannel Veeva CRM Veeva
Align Veeva Event Management
Analytics
Veeva Nitro Veeva Crossix
Content management
Veeva Vault PromoMats
Consulting Custom app development Implementation amp integration Maintenance amp support
This report focuses on Veeva services and offers insights into the key Veeva services
market trends
1 Medical Cloud suite is included as a part of Commercial Cloud offering for Veevarsquos revenue reporting purposes
4Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
High
Low
Low High
Everest Group PEAK Matrixreg
Veeva Services PEAK Matrixreg Assessment 2021 | NNIT positioned as Leader
Everest Group Veeva Services PEAK Matrixreg Assessment 20211
Aspirants
Leaders
Major Contenders
Aspirants
Vision amp capability
(Measures ability to deliver services successfully)
1 Assessments for Aqurance Base life science Conexus Solutions Inc Deloitte EPISTA Life Science Infosys and PwC Veeva services capabilities exclude service provider inputs and are based on Everest Grouprsquos proprietary Transaction
Intelligence (TI) database service provider public disclosures and Everest Grouprsquos interactions with Veeva services buyers
Source Everest Group (2021)
LeadersMajor Contenders
Aqurance
Atos
BASE life scienceConexus Solutions Inc
DeloitteGenpact
Infosys
EPISTA Life Science
PwC
Capgemini
Cognizant
HCL Technologies
NNIT
TCS
Accenture
Ma
rke
t im
pa
ct
(Me
asu
res
imp
act cre
ate
d in
th
e m
ark
et)
5Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Leaders
Accenture Cognizant NNIT and TCS
Leaders have a strong focus on talent and have heavily invested in upskilling resources across multiple Veeva certification streams they focus on certifying their developers who are
core to the implementation
They have demonstrated the ability to carry out large-scale transformational engagements covering the large portfolio of Veeva offerings they guide enterprises with Veeva adoption
while minimizing customization
These organizations have been recognized by Veeva as PremierePreferred services partner for multiple products and some are also co-developing industry- andor buyer segment-
specific solutions with Veeva
They have invested in acquiring niche Veeva partners to strengthen their Veeva capabilities and expand their global footprint
The Leaders have invested in building accelerators solutions and frameworks to expedite time-to-market for their clients
Major Contenders
Aqurance BASE life science Capgemini Conexus Solutions Inc Deloitte Genpact HCL Technologies and PwC
Major Contenders have demonstrable proof-points and have built meaningful capabilities in select areas within the Veeva services domain Companies like BASE life science have also
been recognized by Veeva as Premiere services partner across both Commercial as well as Development suites
Although Major Contenders have invested in building accelerators and custom solutions for clients their portfolio is often skewed toward Commercial Cloud services and they need to
focus on building better consulting and implementation capabilities for Development Cloud suite
Veeva-specialists such as BASE life science Conexus Solutions Inc and Aqurance have built strong product-specific capabilities but have limited delivery footprint often concentrated
in specific geographies such as Europe or North America
Aspirants
Atos EPISTA Life Science and Infosys
Aspirants have built niche capabilities but need to showcase demonstrable proof-points to build credibility They are largely focused on small- and mid-sized buyer segments
EPISTA Life Science is a Preferred services partner to Veeva for Development Cloud suite but needs to invest in expanding its delivery footprint and certified FTE-strength to cater to
larger global clients
These companies require making investments through partnerships or through building internal IPtools to build broader capabilities to cater to more buyer segments
Veeva Services PEAK Matrixreg characteristics
6Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 1 of 5)
Everest Group assessment ndash Leader
Strengths Limitations
NNIT has been recognized by Veeva as a ldquoPremiere services partnerrdquo for implementation services
of Vault RIM and Quality suites It is also a ldquoPreferred services partnerrdquo for Veeva eTMF product
indicating its strong capabilities and credibility in the rapidly-growing Veeva Vault product segments
Its acquisition of Valiance Partners a Veeva migration-certified partner has helped it to further its
migration capabilities and understanding of Veeva development cloud while expanding its market
access in the North American region
It is among very few service providers to have a strong co-innovation partnership with Veeva
indicating its deep technical and domain expertise It is working in collaboration with Veeva RampD
cloud team to build features in new products such as Vault CDMS and Safety suite and develop
solutions targeting SMB segment
The company has thoughtfully built different CoEs catering to different buyer segments enabling it
to customize offerings according to their needs (Veeva Powerhouse targeted at enterprise clients
and Veeva Core targeted at SMBs)
Clients appreciate its flexibility in engagement and solutioning approach Veeva Vault expertise
understanding of industry-business-specific needs and proximity to clients as its key strengths
NNITs onshore-centric delivery model may prevent its clients from capturing labor arbitrage
opportunities ndash abundant talent pools exists in offshore locations
Though NNIT has a strong foothold among large biopharma enterprises it can further improve its
capabilities in emerging user segments such as medical devices and SMB clients
While it has rich experience in serving clients in the European region its client base in other high
growth markets such as North America and Asia Pacific is relatively lower
Client feedback has highlighted that NNIT should further enhance its talent management
capabilities ndash specifically its ability to provision adequate number of resources ndash across different
phases of the engagement
Its portfolio is skewed toward clients looking for implementation and post-implementation
services however it should further enhance its consulting capabilities to better serve its clients in
building a strategic roadmap and guidance on business transformation
Market impact Vision amp capability
Market Adoption Portfolio mix Value delivered Overall
Vision and
strategy Scope of services
Innovation amp
investments Delivery Footprint Overall
Measure of capability High Low
7Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 2 of 5)
Provider overview
Coverage by Lines of Business (LOBs)
Biopharma Medical devices
Vision for Veeva services
NNITrsquos vision is to enhance its Veeva Powerhouse wherein the clients get an end-to-end implementation
and support service with a framework and a team of domain experts This solution ensures an agile and
safe transition as well as a smooth continuation of all clinical quality and regulatory processes The
standardized model makes it applicable in large corporations as well as small- and medium-sized
businesses The company wants to expand geographically based on current services in the US and
China and wants to breakthrough in the Veeva Outside Life Sciences (OLS) where many of its
accelerators within integrations migrations and professional services can create significant benefits for
petrochemicals and nutrition science companies
Overview of client base
NNIT clients include top-20 life science companies as well as mid-market biotech within Veeva RIM
Suite Veeva Quality Suite Veeva Clinical Suite and Veeva Safety
Veeva services revenue
ltUS$10 million US$10-20 million US$20-30 million gtUS$30 million
Percentage of projects by buyer size (annual revenue)
Small
(Less than US$1 billion)
Mid-sized
(US$1-10 billion)
Large
(gtUS$10 billion)
High (gt40) Medium (10-40) Low (lt10)
Serves the segment
Percentage of projects by geography
North America Europe (excluding UK) Asia Pacific
United Kingdom South America Middle East amp Africa
High (gt25) Medium (10-25) Low (lt10)
Source Everest Group (2021)
Percentage of projects by product suites (annual revenue)
Development Cloud Commercial Cloud Medical Cloud
High (gt40) Medium (10-40) Low (lt10)
Veeva certified experts 80-100
Does not serve the segment
Current partnership status with Veeva Certified
Development Cloud (Vault)
Clinical - Premiere Partner
Quality - Premiere Partner
Regulatory - Premiere Partner
Commercial Cloud
NA
Migration certification
Certified Vault migration partner
(Valiance Partners)
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
4Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
High
Low
Low High
Everest Group PEAK Matrixreg
Veeva Services PEAK Matrixreg Assessment 2021 | NNIT positioned as Leader
Everest Group Veeva Services PEAK Matrixreg Assessment 20211
Aspirants
Leaders
Major Contenders
Aspirants
Vision amp capability
(Measures ability to deliver services successfully)
1 Assessments for Aqurance Base life science Conexus Solutions Inc Deloitte EPISTA Life Science Infosys and PwC Veeva services capabilities exclude service provider inputs and are based on Everest Grouprsquos proprietary Transaction
Intelligence (TI) database service provider public disclosures and Everest Grouprsquos interactions with Veeva services buyers
Source Everest Group (2021)
LeadersMajor Contenders
Aqurance
Atos
BASE life scienceConexus Solutions Inc
DeloitteGenpact
Infosys
EPISTA Life Science
PwC
Capgemini
Cognizant
HCL Technologies
NNIT
TCS
Accenture
Ma
rke
t im
pa
ct
(Me
asu
res
imp
act cre
ate
d in
th
e m
ark
et)
5Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Leaders
Accenture Cognizant NNIT and TCS
Leaders have a strong focus on talent and have heavily invested in upskilling resources across multiple Veeva certification streams they focus on certifying their developers who are
core to the implementation
They have demonstrated the ability to carry out large-scale transformational engagements covering the large portfolio of Veeva offerings they guide enterprises with Veeva adoption
while minimizing customization
These organizations have been recognized by Veeva as PremierePreferred services partner for multiple products and some are also co-developing industry- andor buyer segment-
specific solutions with Veeva
They have invested in acquiring niche Veeva partners to strengthen their Veeva capabilities and expand their global footprint
The Leaders have invested in building accelerators solutions and frameworks to expedite time-to-market for their clients
Major Contenders
Aqurance BASE life science Capgemini Conexus Solutions Inc Deloitte Genpact HCL Technologies and PwC
Major Contenders have demonstrable proof-points and have built meaningful capabilities in select areas within the Veeva services domain Companies like BASE life science have also
been recognized by Veeva as Premiere services partner across both Commercial as well as Development suites
Although Major Contenders have invested in building accelerators and custom solutions for clients their portfolio is often skewed toward Commercial Cloud services and they need to
focus on building better consulting and implementation capabilities for Development Cloud suite
Veeva-specialists such as BASE life science Conexus Solutions Inc and Aqurance have built strong product-specific capabilities but have limited delivery footprint often concentrated
in specific geographies such as Europe or North America
Aspirants
Atos EPISTA Life Science and Infosys
Aspirants have built niche capabilities but need to showcase demonstrable proof-points to build credibility They are largely focused on small- and mid-sized buyer segments
EPISTA Life Science is a Preferred services partner to Veeva for Development Cloud suite but needs to invest in expanding its delivery footprint and certified FTE-strength to cater to
larger global clients
These companies require making investments through partnerships or through building internal IPtools to build broader capabilities to cater to more buyer segments
Veeva Services PEAK Matrixreg characteristics
6Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 1 of 5)
Everest Group assessment ndash Leader
Strengths Limitations
NNIT has been recognized by Veeva as a ldquoPremiere services partnerrdquo for implementation services
of Vault RIM and Quality suites It is also a ldquoPreferred services partnerrdquo for Veeva eTMF product
indicating its strong capabilities and credibility in the rapidly-growing Veeva Vault product segments
Its acquisition of Valiance Partners a Veeva migration-certified partner has helped it to further its
migration capabilities and understanding of Veeva development cloud while expanding its market
access in the North American region
It is among very few service providers to have a strong co-innovation partnership with Veeva
indicating its deep technical and domain expertise It is working in collaboration with Veeva RampD
cloud team to build features in new products such as Vault CDMS and Safety suite and develop
solutions targeting SMB segment
The company has thoughtfully built different CoEs catering to different buyer segments enabling it
to customize offerings according to their needs (Veeva Powerhouse targeted at enterprise clients
and Veeva Core targeted at SMBs)
Clients appreciate its flexibility in engagement and solutioning approach Veeva Vault expertise
understanding of industry-business-specific needs and proximity to clients as its key strengths
NNITs onshore-centric delivery model may prevent its clients from capturing labor arbitrage
opportunities ndash abundant talent pools exists in offshore locations
Though NNIT has a strong foothold among large biopharma enterprises it can further improve its
capabilities in emerging user segments such as medical devices and SMB clients
While it has rich experience in serving clients in the European region its client base in other high
growth markets such as North America and Asia Pacific is relatively lower
Client feedback has highlighted that NNIT should further enhance its talent management
capabilities ndash specifically its ability to provision adequate number of resources ndash across different
phases of the engagement
Its portfolio is skewed toward clients looking for implementation and post-implementation
services however it should further enhance its consulting capabilities to better serve its clients in
building a strategic roadmap and guidance on business transformation
Market impact Vision amp capability
Market Adoption Portfolio mix Value delivered Overall
Vision and
strategy Scope of services
Innovation amp
investments Delivery Footprint Overall
Measure of capability High Low
7Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 2 of 5)
Provider overview
Coverage by Lines of Business (LOBs)
Biopharma Medical devices
Vision for Veeva services
NNITrsquos vision is to enhance its Veeva Powerhouse wherein the clients get an end-to-end implementation
and support service with a framework and a team of domain experts This solution ensures an agile and
safe transition as well as a smooth continuation of all clinical quality and regulatory processes The
standardized model makes it applicable in large corporations as well as small- and medium-sized
businesses The company wants to expand geographically based on current services in the US and
China and wants to breakthrough in the Veeva Outside Life Sciences (OLS) where many of its
accelerators within integrations migrations and professional services can create significant benefits for
petrochemicals and nutrition science companies
Overview of client base
NNIT clients include top-20 life science companies as well as mid-market biotech within Veeva RIM
Suite Veeva Quality Suite Veeva Clinical Suite and Veeva Safety
Veeva services revenue
ltUS$10 million US$10-20 million US$20-30 million gtUS$30 million
Percentage of projects by buyer size (annual revenue)
Small
(Less than US$1 billion)
Mid-sized
(US$1-10 billion)
Large
(gtUS$10 billion)
High (gt40) Medium (10-40) Low (lt10)
Serves the segment
Percentage of projects by geography
North America Europe (excluding UK) Asia Pacific
United Kingdom South America Middle East amp Africa
High (gt25) Medium (10-25) Low (lt10)
Source Everest Group (2021)
Percentage of projects by product suites (annual revenue)
Development Cloud Commercial Cloud Medical Cloud
High (gt40) Medium (10-40) Low (lt10)
Veeva certified experts 80-100
Does not serve the segment
Current partnership status with Veeva Certified
Development Cloud (Vault)
Clinical - Premiere Partner
Quality - Premiere Partner
Regulatory - Premiere Partner
Commercial Cloud
NA
Migration certification
Certified Vault migration partner
(Valiance Partners)
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
5Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Leaders
Accenture Cognizant NNIT and TCS
Leaders have a strong focus on talent and have heavily invested in upskilling resources across multiple Veeva certification streams they focus on certifying their developers who are
core to the implementation
They have demonstrated the ability to carry out large-scale transformational engagements covering the large portfolio of Veeva offerings they guide enterprises with Veeva adoption
while minimizing customization
These organizations have been recognized by Veeva as PremierePreferred services partner for multiple products and some are also co-developing industry- andor buyer segment-
specific solutions with Veeva
They have invested in acquiring niche Veeva partners to strengthen their Veeva capabilities and expand their global footprint
The Leaders have invested in building accelerators solutions and frameworks to expedite time-to-market for their clients
Major Contenders
Aqurance BASE life science Capgemini Conexus Solutions Inc Deloitte Genpact HCL Technologies and PwC
Major Contenders have demonstrable proof-points and have built meaningful capabilities in select areas within the Veeva services domain Companies like BASE life science have also
been recognized by Veeva as Premiere services partner across both Commercial as well as Development suites
Although Major Contenders have invested in building accelerators and custom solutions for clients their portfolio is often skewed toward Commercial Cloud services and they need to
focus on building better consulting and implementation capabilities for Development Cloud suite
Veeva-specialists such as BASE life science Conexus Solutions Inc and Aqurance have built strong product-specific capabilities but have limited delivery footprint often concentrated
in specific geographies such as Europe or North America
Aspirants
Atos EPISTA Life Science and Infosys
Aspirants have built niche capabilities but need to showcase demonstrable proof-points to build credibility They are largely focused on small- and mid-sized buyer segments
EPISTA Life Science is a Preferred services partner to Veeva for Development Cloud suite but needs to invest in expanding its delivery footprint and certified FTE-strength to cater to
larger global clients
These companies require making investments through partnerships or through building internal IPtools to build broader capabilities to cater to more buyer segments
Veeva Services PEAK Matrixreg characteristics
6Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 1 of 5)
Everest Group assessment ndash Leader
Strengths Limitations
NNIT has been recognized by Veeva as a ldquoPremiere services partnerrdquo for implementation services
of Vault RIM and Quality suites It is also a ldquoPreferred services partnerrdquo for Veeva eTMF product
indicating its strong capabilities and credibility in the rapidly-growing Veeva Vault product segments
Its acquisition of Valiance Partners a Veeva migration-certified partner has helped it to further its
migration capabilities and understanding of Veeva development cloud while expanding its market
access in the North American region
It is among very few service providers to have a strong co-innovation partnership with Veeva
indicating its deep technical and domain expertise It is working in collaboration with Veeva RampD
cloud team to build features in new products such as Vault CDMS and Safety suite and develop
solutions targeting SMB segment
The company has thoughtfully built different CoEs catering to different buyer segments enabling it
to customize offerings according to their needs (Veeva Powerhouse targeted at enterprise clients
and Veeva Core targeted at SMBs)
Clients appreciate its flexibility in engagement and solutioning approach Veeva Vault expertise
understanding of industry-business-specific needs and proximity to clients as its key strengths
NNITs onshore-centric delivery model may prevent its clients from capturing labor arbitrage
opportunities ndash abundant talent pools exists in offshore locations
Though NNIT has a strong foothold among large biopharma enterprises it can further improve its
capabilities in emerging user segments such as medical devices and SMB clients
While it has rich experience in serving clients in the European region its client base in other high
growth markets such as North America and Asia Pacific is relatively lower
Client feedback has highlighted that NNIT should further enhance its talent management
capabilities ndash specifically its ability to provision adequate number of resources ndash across different
phases of the engagement
Its portfolio is skewed toward clients looking for implementation and post-implementation
services however it should further enhance its consulting capabilities to better serve its clients in
building a strategic roadmap and guidance on business transformation
Market impact Vision amp capability
Market Adoption Portfolio mix Value delivered Overall
Vision and
strategy Scope of services
Innovation amp
investments Delivery Footprint Overall
Measure of capability High Low
7Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 2 of 5)
Provider overview
Coverage by Lines of Business (LOBs)
Biopharma Medical devices
Vision for Veeva services
NNITrsquos vision is to enhance its Veeva Powerhouse wherein the clients get an end-to-end implementation
and support service with a framework and a team of domain experts This solution ensures an agile and
safe transition as well as a smooth continuation of all clinical quality and regulatory processes The
standardized model makes it applicable in large corporations as well as small- and medium-sized
businesses The company wants to expand geographically based on current services in the US and
China and wants to breakthrough in the Veeva Outside Life Sciences (OLS) where many of its
accelerators within integrations migrations and professional services can create significant benefits for
petrochemicals and nutrition science companies
Overview of client base
NNIT clients include top-20 life science companies as well as mid-market biotech within Veeva RIM
Suite Veeva Quality Suite Veeva Clinical Suite and Veeva Safety
Veeva services revenue
ltUS$10 million US$10-20 million US$20-30 million gtUS$30 million
Percentage of projects by buyer size (annual revenue)
Small
(Less than US$1 billion)
Mid-sized
(US$1-10 billion)
Large
(gtUS$10 billion)
High (gt40) Medium (10-40) Low (lt10)
Serves the segment
Percentage of projects by geography
North America Europe (excluding UK) Asia Pacific
United Kingdom South America Middle East amp Africa
High (gt25) Medium (10-25) Low (lt10)
Source Everest Group (2021)
Percentage of projects by product suites (annual revenue)
Development Cloud Commercial Cloud Medical Cloud
High (gt40) Medium (10-40) Low (lt10)
Veeva certified experts 80-100
Does not serve the segment
Current partnership status with Veeva Certified
Development Cloud (Vault)
Clinical - Premiere Partner
Quality - Premiere Partner
Regulatory - Premiere Partner
Commercial Cloud
NA
Migration certification
Certified Vault migration partner
(Valiance Partners)
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
6Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 1 of 5)
Everest Group assessment ndash Leader
Strengths Limitations
NNIT has been recognized by Veeva as a ldquoPremiere services partnerrdquo for implementation services
of Vault RIM and Quality suites It is also a ldquoPreferred services partnerrdquo for Veeva eTMF product
indicating its strong capabilities and credibility in the rapidly-growing Veeva Vault product segments
Its acquisition of Valiance Partners a Veeva migration-certified partner has helped it to further its
migration capabilities and understanding of Veeva development cloud while expanding its market
access in the North American region
It is among very few service providers to have a strong co-innovation partnership with Veeva
indicating its deep technical and domain expertise It is working in collaboration with Veeva RampD
cloud team to build features in new products such as Vault CDMS and Safety suite and develop
solutions targeting SMB segment
The company has thoughtfully built different CoEs catering to different buyer segments enabling it
to customize offerings according to their needs (Veeva Powerhouse targeted at enterprise clients
and Veeva Core targeted at SMBs)
Clients appreciate its flexibility in engagement and solutioning approach Veeva Vault expertise
understanding of industry-business-specific needs and proximity to clients as its key strengths
NNITs onshore-centric delivery model may prevent its clients from capturing labor arbitrage
opportunities ndash abundant talent pools exists in offshore locations
Though NNIT has a strong foothold among large biopharma enterprises it can further improve its
capabilities in emerging user segments such as medical devices and SMB clients
While it has rich experience in serving clients in the European region its client base in other high
growth markets such as North America and Asia Pacific is relatively lower
Client feedback has highlighted that NNIT should further enhance its talent management
capabilities ndash specifically its ability to provision adequate number of resources ndash across different
phases of the engagement
Its portfolio is skewed toward clients looking for implementation and post-implementation
services however it should further enhance its consulting capabilities to better serve its clients in
building a strategic roadmap and guidance on business transformation
Market impact Vision amp capability
Market Adoption Portfolio mix Value delivered Overall
Vision and
strategy Scope of services
Innovation amp
investments Delivery Footprint Overall
Measure of capability High Low
7Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 2 of 5)
Provider overview
Coverage by Lines of Business (LOBs)
Biopharma Medical devices
Vision for Veeva services
NNITrsquos vision is to enhance its Veeva Powerhouse wherein the clients get an end-to-end implementation
and support service with a framework and a team of domain experts This solution ensures an agile and
safe transition as well as a smooth continuation of all clinical quality and regulatory processes The
standardized model makes it applicable in large corporations as well as small- and medium-sized
businesses The company wants to expand geographically based on current services in the US and
China and wants to breakthrough in the Veeva Outside Life Sciences (OLS) where many of its
accelerators within integrations migrations and professional services can create significant benefits for
petrochemicals and nutrition science companies
Overview of client base
NNIT clients include top-20 life science companies as well as mid-market biotech within Veeva RIM
Suite Veeva Quality Suite Veeva Clinical Suite and Veeva Safety
Veeva services revenue
ltUS$10 million US$10-20 million US$20-30 million gtUS$30 million
Percentage of projects by buyer size (annual revenue)
Small
(Less than US$1 billion)
Mid-sized
(US$1-10 billion)
Large
(gtUS$10 billion)
High (gt40) Medium (10-40) Low (lt10)
Serves the segment
Percentage of projects by geography
North America Europe (excluding UK) Asia Pacific
United Kingdom South America Middle East amp Africa
High (gt25) Medium (10-25) Low (lt10)
Source Everest Group (2021)
Percentage of projects by product suites (annual revenue)
Development Cloud Commercial Cloud Medical Cloud
High (gt40) Medium (10-40) Low (lt10)
Veeva certified experts 80-100
Does not serve the segment
Current partnership status with Veeva Certified
Development Cloud (Vault)
Clinical - Premiere Partner
Quality - Premiere Partner
Regulatory - Premiere Partner
Commercial Cloud
NA
Migration certification
Certified Vault migration partner
(Valiance Partners)
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
7Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 2 of 5)
Provider overview
Coverage by Lines of Business (LOBs)
Biopharma Medical devices
Vision for Veeva services
NNITrsquos vision is to enhance its Veeva Powerhouse wherein the clients get an end-to-end implementation
and support service with a framework and a team of domain experts This solution ensures an agile and
safe transition as well as a smooth continuation of all clinical quality and regulatory processes The
standardized model makes it applicable in large corporations as well as small- and medium-sized
businesses The company wants to expand geographically based on current services in the US and
China and wants to breakthrough in the Veeva Outside Life Sciences (OLS) where many of its
accelerators within integrations migrations and professional services can create significant benefits for
petrochemicals and nutrition science companies
Overview of client base
NNIT clients include top-20 life science companies as well as mid-market biotech within Veeva RIM
Suite Veeva Quality Suite Veeva Clinical Suite and Veeva Safety
Veeva services revenue
ltUS$10 million US$10-20 million US$20-30 million gtUS$30 million
Percentage of projects by buyer size (annual revenue)
Small
(Less than US$1 billion)
Mid-sized
(US$1-10 billion)
Large
(gtUS$10 billion)
High (gt40) Medium (10-40) Low (lt10)
Serves the segment
Percentage of projects by geography
North America Europe (excluding UK) Asia Pacific
United Kingdom South America Middle East amp Africa
High (gt25) Medium (10-25) Low (lt10)
Source Everest Group (2021)
Percentage of projects by product suites (annual revenue)
Development Cloud Commercial Cloud Medical Cloud
High (gt40) Medium (10-40) Low (lt10)
Veeva certified experts 80-100
Does not serve the segment
Current partnership status with Veeva Certified
Development Cloud (Vault)
Clinical - Premiere Partner
Quality - Premiere Partner
Regulatory - Premiere Partner
Commercial Cloud
NA
Migration certification
Certified Vault migration partner
(Valiance Partners)
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
8Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 3 of 5)
Case studies and frameworks
Case study 1 Problem statement
Business challenge
A top 20 pharma company decided to move from a bespoke platform to a Veeva Vault Regulatory
Information Management (RIM) suite
Solution and impact
NNIT helped the client by ensuring a smooth transition and introduction to Vault RIM suite
throughout the companyrsquos pharma and consumer health division It also helped to ensure an end-to-
end view of all regulatory processes that ensured faster lsquotime to marketrsquo and quality in all regulatory
processes
Veeva services consultative frameworks (representative list)
Framework Details
NNIT Veeva
Powerhouse
NNIT has designed a full-service catalogue to support Veeva Vault implementation and operations ndash from strategy advisory implementation to application services and support
Validation services NNIT helps customers remain compliant with relevant GxP regulation with the help of SMEs and proven concepts This includes IT compliance evaluation requirement specification
IT quality risk assessment validation planning and reporting document quality control and IT compliance documentation
Integration services NNIT provides integration services including platform advisory ADAMS services accelerators and hostingmaintenance in a global setup based on market leading vendors such as
Microsoft Informatica Dell Boomi EPIC and Mulesoft
Migration services The company helps in migrating from legacy solutions to Veeva services including planning analysis and scoping migration configuration and testing migration validation and
product migration
Case study 2 Problem statement
Business challenge
A major pharma company was storing thousands of documents on platforms like Veeva Vault This
included work instructions and standard operating procedures (SOPs) that are critical to produce
medicines In order to avoid duplicates the company devoted significant resources and wanted to
enhance its document compliance procedure
Solution and impact
With a combination of machine learning automation and co-creation NNIT helped the client to build
a new method for ensuring better order and structure in thousands of business-critical documents
The project is expected to free up a two-digit million DKK number of resources
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
9Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 4 of 5)
Solutions and accelerators
Custom solutions developed on Veeva Vault Platform (representative list)
Solution name Mode of development (in-houseco-innovated) Details
NNIT Veeva Application
Services
Co-development with Veeva After Go Live Support is an end-to-end tool for standardized onboarding platform and enhancement support integration
support delivery management and application support
Proprietary toolsaccelerators developed to aid service delivery (representative list)
Solution name Mode of development (in-houseco-innovated) Details
Integrations Co-innovated with multiple clients Built standard integrations based on Dell Boomi that offers easy replication of previous integrations It can accelerate
integration lead time and can ensure complicated integrations like SAP IMPACT and Argus
Validation Co-innovated with multiple clients Built a tool consisting of Veeva automated testing framework The tool ensures continuous testing as well as uses
DevOps methodologies and consists of automated testing developed by certified Veeva consultants and certified
automated testing consultants
Migration Co-innovated with multiple clients Acquired Valiance Partners who developed the TruSeries Software for Veeva migrations The software is used on all
major Veeva migrations geared towards greater collaboration between business users and qualitycompliance teams
and is majorly used for GxP migrations
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
10Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
NNIT | Veeva services profile (page 5 of 5)
Recent developments
Key events (representative list)
Event name Type of event Details
Halfmann Goetsch Partner AG Acquisition Acquisition of Halfmann Goetsch an IT service management company to improve NNITrsquos position as an advisory partner to the life sciences industry in
the fast-growing European life sciences hubs
Valiance Partners Acquisition Acquired Valiance Partners a data migration company focused on the life sciences industry to strengthen NNITrsquos position globally as an IT services
provider in life sciences industry with a focus on Veeva migrations
AWS and Azure Partnership Entered in a partnership with AWS and Azure companies providing on-demand cloud computing platforms and APIs to companies to provide public
cloud services for life sciences
Leapwork Partnership Partnered with a no-code automation platform for test automation and robotic process automation to deploy automated testing and validation reduce the
implementation and adopt cost of new releases
Veeva Premium Partner Certification Became a certified Veeva partner in 2018 and achieved the premium partnership in 2020 as one of the very few IT services vendors
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
Appendix
11
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
12Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Everest Group PEAK Matrixreg is a proprietary framework for assessment of
market impact and vision amp capability
Everest Group PEAK Matrix
Vision amp capability
Measures ability to deliver products successfully
High
Low
Low High
Leaders
Aspirants
Ma
rke
t im
pa
ct
Me
asu
res im
pact cre
ate
d in
th
e m
ark
et
Major Contenders
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
13Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
Measures impact created in the market ndash
captured through three subdimensions
Market adoption
No of clients revenue base and YOY
growth deal valuevolume
Portfolio mix
Diversity of clientrevenue base across
geos and type of engagements
Value delivered
Value delivered to the client based on
customer feedback and
transformational impact
Vision and strategy
Vision for the client and itself future
roadmap and strategy
Scope of services offered
Depth and breadth of services portfolio
across service subsegments processes
Innovation and investments
Innovation and investment in the enabling
areas eg technology IP industrydomain
knowledge innovative commercial
constructs alliances MampA etc
Delivery footprint
Delivery footprint and global sourcing mix
Measures ability to deliver services successfully
This is captured through four subdimensions
Mark
et
imp
act
Vision amp capability
Major Contenders
Leaders
Aspirants
Services PEAK Matrixreg evaluation dimensions
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
14Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
FAQs
Does the PEAK Matrixreg assessment incorporate any subjective criteria
Everest Grouprsquos PEAK Matrix assessment adopts an unbiased and fact-based approach (leveraging service provider technology vendor RFIs and Everest Grouprsquos proprietary databases containing
providersrsquo deals and operational capability information) In addition these results are validated fine-tuned based on our market experience buyer interaction and providervendor briefings
Is being a ldquoMajor Contenderrdquo or ldquoAspirantrdquo on the PEAK Matrix an unfavorable outcome
No The PEAK Matrix highlights and positions only the best-in-class service providers technology vendors in a particular space There are a number of providers from the broader universe that are assessed
and do not make it to the PEAK Matrix at all Therefore being represented on the PEAK Matrix is itself a favorable recognition
What other aspects of PEAK Matrix assessment are relevant to buyers and providers besides the ldquoPEAK Matrix positionrdquo
A PEAK Matrix position is only one aspect of Everest Grouprsquos overall assessment In addition to assigning a ldquoLeaderrdquo ldquoMajor Contenderrdquo or ldquoAspirantrdquo title Everest Group highlights the distinctive capabilities
and unique attributes of all the PEAK Matrix providers assessed in its report The detailed metric-level assessment and associated commentary is helpful for buyers in selecting particular providersvendors
for their specific requirements It also helps providersvendors showcase their strengths in specific areas
What are the incentives for buyers and providers to participateprovide input to PEAK Matrix research
Participation incentives for buyers include a summary of key findings from the PEAK Matrix assessment
Participation incentives for providersvendors include adequate representation and recognition of their capabilitiessuccess in the market place and a copy of their own ldquoprofilerdquo that is published by
Everest Group as part of the ldquocompendium of PEAK Matrix providersrdquo profiles
What is the process for a service provider technology vendor to leverage their PEAK Matrix positioning andor ldquoStar Performerrdquo status
Providersvendors can use their PEAK Matrix positioning or ldquoStar Performerrdquo rating in multiple ways including
ndash Issue a press release declaring their positioning See citation policies
ndash Customized PEAK Matrix profile for circulation (with clients prospects etc)
ndash Quotes from Everest Group analysts could be disseminated to the media
ndash Leverage PEAK Matrix branding across communications (e-mail signatures marketing brochures credential packs client presentations etc)
The provider must obtain the requisite licensing and distribution rights for the above activities through an agreement with the designated POC at Everest Group
Does the PEAK Matrix evaluation criteria change over a period of time
PEAK Matrix assessments are designed to serve present and future needs of the enterprises Given the dynamic nature of the global services market and rampant disruption the assessment criteria
are realigned as and when needed to reflect the current market reality as well as serve the future expectations of enterprises
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy
15Proprietary amp Confidential copy 2021 Everest Global Inc | EGR-2021-46-E-4330
Everest Group PEAK Matrixreg for Veeva Service Providers 2021
This document is for informational purposes only and it is being provided ldquoas isrdquo and ldquoas availablerdquo without any warranty of any kind including any warranties of completeness adequacy or fitness for a particular purpose Everest Group is not a legal or investment adviser the contents of this document should not be construed as legal tax or investment advice This document should not be used as a substitute for consultation with professional advisors and Everest Group disclaims liability for any actions or decisions not to act that are taken as a result of any material in this publication
Dallas (Headquarters)
infoeverestgrpcom
+1-214-451-3000
Bangalore
indiaeverestgrpcom
+91-80-61463500
Delhi
indiaeverestgrpcom
+91-124-496-1000
London
unitedkingdomeverestgrpcom
+44-207-129-1318
New York
infoeverestgrpcom
+1-646-805-4000
Toronto
canadaeverestgrpcom
+1-647-557-3475
Everest Group is a consulting and research firm focused on strategic IT business services engineering services and sourcing
Our clients include leading global enterprises service providers and investors Through our research-informed insights and
deep experience we guide clients in their journeys to achieve heightened operational and financial performance accelerated
value delivery and high-impact business outcomes Details and in-depth content are available at everestgrpcom
Stay connected
Website
everestgrpcom
Social Media
EverestGroup
Everest Group
Everest Group
Everest Group
Blog
everestgrpcomblog
Podcast
DigitalRealITy