Analyzing R&D Budgets: International Business Machines Corporation vs Trimble Inc.

IBM vs. Trimble: A Decade of R&D Investment

__timestampInternational Business Machines CorporationTrimble Inc.
Wednesday, January 1, 20145437000000317992000
Thursday, January 1, 20155247000000336700000
Friday, January 1, 20165726000000349600000
Sunday, January 1, 20175590000000370200000
Monday, January 1, 20185379000000446100000
Tuesday, January 1, 20195910000000469700000
Wednesday, January 1, 20206262000000475900000
Friday, January 1, 20216488000000536600000
Saturday, January 1, 20226567000000542100000
Sunday, January 1, 20236775000000664300000
Monday, January 1, 20240
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Data in motion

A Decade of Innovation: IBM vs. Trimble

R&D Investment Trends from 2014 to 2023

In the ever-evolving tech landscape, research and development (R&D) are crucial for staying ahead. Over the past decade, International Business Machines Corporation (IBM) and Trimble Inc. have demonstrated contrasting R&D investment strategies. IBM, a tech giant, consistently allocated substantial resources, peaking at approximately $6.8 billion in 2023, marking a 25% increase from 2014. This commitment underscores IBM's focus on pioneering advancements in AI and cloud computing.

Conversely, Trimble Inc., a leader in GPS technology, exhibited a more modest yet steady growth in R&D spending. From 2014 to 2023, Trimble's R&D budget grew by over 100%, reaching around $664 million. This growth reflects Trimble's dedication to enhancing its geospatial solutions. Notably, data for 2024 is missing, indicating potential shifts in strategy. These insights highlight the diverse approaches to innovation in the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025