Analog Devices, Inc. or Workday, Inc.: Who Invests More in Innovation?

Analog Devices vs. Workday: Innovation Investment Showdown

__timestampAnalog Devices, Inc.Workday, Inc.
Wednesday, January 1, 2014559686000182116000
Thursday, January 1, 2015637459000316868000
Friday, January 1, 2016653816000469944000
Sunday, January 1, 2017968602000680531000
Monday, January 1, 20181165410000910584000
Tuesday, January 1, 201911303480001211832000
Wednesday, January 1, 202010505190001549906000
Friday, January 1, 202112961260001721222000
Saturday, January 1, 202217005180001879220000
Sunday, January 1, 202316601940002270660000
Monday, January 1, 202414878630002464000000
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In pursuit of knowledge

Innovation Investment: A Tale of Two Companies

In the ever-evolving tech landscape, innovation is the lifeblood of success. Analog Devices, Inc. and Workday, Inc. are two giants that exemplify this ethos. From 2014 to 2024, both companies have significantly increased their investment in research and development (R&D), a key indicator of their commitment to innovation.

Analog Devices started with a modest R&D expenditure in 2014, but by 2023, it had surged by nearly 200%. Meanwhile, Workday's R&D spending skyrocketed by over 1,100% during the same period, reflecting its aggressive push towards innovation.

By 2024, Workday's R&D expenses were approximately 65% higher than Analog Devices, highlighting its strategic focus on innovation. This trend underscores the competitive nature of the tech industry, where companies must continuously innovate to stay ahead.

As we look to the future, the question remains: who will lead the next wave of technological breakthroughs?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025