__timestamp | International Business Machines Corporation | Wipro Limited |
---|---|---|
Wednesday, January 1, 2014 | 46386000000 | 321284000000 |
Thursday, January 1, 2015 | 41057000000 | 356724000000 |
Friday, January 1, 2016 | 41403000000 | 391544000000 |
Sunday, January 1, 2017 | 42196000000 | 385575000000 |
Monday, January 1, 2018 | 42655000000 | 413033000000 |
Tuesday, January 1, 2019 | 26181000000 | 436085000000 |
Wednesday, January 1, 2020 | 24314000000 | 423205000000 |
Friday, January 1, 2021 | 25865000000 | 555872000000 |
Saturday, January 1, 2022 | 27842000000 | 645446000000 |
Sunday, January 1, 2023 | 27560000000 | 631497000000 |
Monday, January 1, 2024 | 27202000000 | 631497000000 |
Unleashing insights
In the ever-evolving landscape of global technology giants, understanding the cost of revenue is crucial for assessing financial health. This analysis delves into the cost of revenue trends for International Business Machines Corporation (IBM) and Wipro Limited from 2014 to 2023.
IBM's cost of revenue has seen a significant decline over the years, dropping from approximately $46 billion in 2014 to around $28 billion in 2023. This represents a reduction of nearly 40%, indicating a strategic shift towards more efficient operations.
Conversely, Wipro's cost of revenue has consistently increased, rising from $321 billion in 2014 to $631 billion in 2023, marking a growth of nearly 97%. This upward trend reflects Wipro's expanding market presence and investment in growth.
While the data for 2024 is incomplete, the trends from the past decade provide valuable insights into the financial strategies of these tech titans.
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