Many cloud-based SaaS (software as a service) stocks have surged over the past few years as companies have pivoted from locally-installed software to subscription-based services. That's because SaaS solutions are generally easier to scale, more cost effective, and more secure than local software. There are plenty of SaaS companies to choose from, but I believe one stands out from the pack: Veeva Systems (NYSE:VEEV). Here's why I believe this stock is headed much higher over the next few years. Image source: Getty Images. Veeva was co-founded by Peter Gassner, salesforce.com's former senior VP of technology. During his time at Salesforce, Gassner spotted the untapped market potential for optimized CRM (customer relationship management) services for life science and pharmaceutical companies.