__timestamp | Analog Devices, Inc. | Fortive Corporation |
---|---|---|
Wednesday, January 1, 2014 | 559686000 | 387600000 |
Thursday, January 1, 2015 | 637459000 | 377700000 |
Friday, January 1, 2016 | 653816000 | 384800000 |
Sunday, January 1, 2017 | 968602000 | 406000000 |
Monday, January 1, 2018 | 1165410000 | 414300000 |
Tuesday, January 1, 2019 | 1130348000 | 456700000 |
Wednesday, January 1, 2020 | 1050519000 | 320700000 |
Friday, January 1, 2021 | 1296126000 | 354800000 |
Saturday, January 1, 2022 | 1700518000 | 401500000 |
Sunday, January 1, 2023 | 1660194000 | 397800000 |
Monday, January 1, 2024 | 1487863000 | 414000000 |
Unleashing insights
In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Analog Devices, Inc. has consistently outpaced Fortive Corporation in R&D investments. From 2014 to 2023, Analog Devices increased its R&D budget by nearly 200%, peaking in 2022 with a 170% rise compared to 2014. In contrast, Fortive's R&D spending remained relatively stable, with a modest 3% increase over the same period.
Analog Devices' significant investment surge in 2022, reaching its highest point, underscores its strategic focus on pioneering advancements. Meanwhile, Fortive's steady approach reflects a different innovation strategy, possibly focusing on optimizing existing technologies. The data for 2024 is incomplete, highlighting the dynamic nature of corporate strategies. As these companies navigate the future, their R&D investments will continue to shape their competitive edge in the tech industry.
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