Annual Revenue Comparison: International Business Machines Corporation vs Fortive Corporation

IBM vs. Fortive: A Decade of Revenue Shifts

__timestampFortive CorporationInternational Business Machines Corporation
Wednesday, January 1, 2014633720000092793000000
Thursday, January 1, 2015617880000081742000000
Friday, January 1, 2016622430000079920000000
Sunday, January 1, 2017665600000079139000000
Monday, January 1, 2018645270000079591000000
Tuesday, January 1, 2019732000000057714000000
Wednesday, January 1, 2020463440000055179000000
Friday, January 1, 2021525470000057351000000
Saturday, January 1, 2022582570000060530000000
Sunday, January 1, 2023606530000061860000000
Monday, January 1, 2024623180000062753000000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: IBM vs. Fortive

In the ever-evolving landscape of technology and industrial solutions, International Business Machines Corporation (IBM) and Fortive Corporation stand as titans, each with a unique trajectory. Over the past decade, IBM's annual revenue has seen a decline from its peak in 2014, dropping by approximately 32% by 2023. This reflects the company's strategic shift towards cloud computing and AI, amidst a challenging market environment.

Conversely, Fortive, a leader in industrial technology, has demonstrated resilience. Despite a dip in 2020, likely due to global disruptions, Fortive's revenue rebounded by 31% by 2023, showcasing its robust business model and adaptability.

As we look to the future, the data for 2024 remains incomplete, leaving room for speculation. Will IBM's transformation strategy pay off? Can Fortive maintain its growth momentum? Only time will tell.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025