Unidentified Analyst: Got it. And then just a follow-up for me, if I may. You definitely have broad solutions stack, 35 products. Just looking beyond the macro here, perhaps fiscal year ’25, you reiterate $2.8 billion target. So just wondering, in your broad product suite, are there any ramping more meaningfully in the pipeline that might contribute more to the growth going forward?
Brent Bowman: Yes. So, we reiterated the $2.8 billion. We’re not going to get into specific splits of the product portfolio. But as Peter has indicated in his prepared remarks, we’re less than 20% penetrated broadly and across R&D. So the beauty of being a multi-product company and have 35-plus major products is you have broad-based strength, and that’s what we’re seeing. We see a broad opportunity and it’s up to us to execute to that.
Unidentified Analyst: Got it. Okay, thank you.
Operator: Your next question comes from the line of Charles Rhyee with TD Cowen — TD Cowen, sorry. Your line is open.
Unidentified Analyst: Hi. This is Lucas on for Charles. Most of our questions have been asked. So, I guess a longer-term question around Vault CRM. As we understand it, bringing the CRM product on to your own platform, give you guys the ability to develop some add-ons or added functionality that your customers may be currently going to other vendors for. So two questions, I guess. Would like to hear what sort of functionality this may entail, maybe that’s asking too far down the roadmap, but would be curious to hear how you guys are thinking about this opportunity. And then two, is the timeline for when you guys may look to add such functionality?
Paul Shawah: Yes. Hey, Lucas, this is Paul. So the way I would think about it, first and foremost, the decision was mainly about having complete control over the platform, the application, so we can deliver on customer success. That’s the highest level. We want to make sure that we can do what we need to do to deliver the very best application and the best customer experience. That’s the decision at the highest level. Now beyond that, that means we may be able to unlock new functionality, and we’ve announced some of that already. I’m not going to introduce new announcements or new things that we may do in the future. But one really interesting one that’s been really well received by our customers is this idea of how do we help the industry become more service-centric, enabling some of these new therapies, new complex medicines, complex therapies, it’s important for doctors to be able to get information inbound from life sciences.
And service center will allow them to do that. So that’s just one example. I would expect — our model is we continue to innovate. So I would expect that over time, we’ll do new things on Vault CRM that we haven’t done before. But that’s standard Veeva operating model.
Unidentified Analyst: Okay. Appreciate it. That was it. Thank you.
Operator: There are no further questions at this time. I will turn the call back to Peter for closing remarks.
Peter Gassner: Thank you, everyone, for joining the call today, and thank you to our customers for your continued partnership and to the Veeva team for your outstanding work in the quarter. Thank you.
Operator: This concludes today’s conference call. Thank you for joining. You may now disconnect your lines.
