| __timestamp | ANSYS, Inc. | Cadence Design Systems, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 153386000 | 223706000 |
| Thursday, January 1, 2015 | 147246000 | 238453000 |
| Friday, January 1, 2016 | 146860000 | 256492000 |
| Sunday, January 1, 2017 | 150164000 | 237390000 |
| Monday, January 1, 2018 | 155885000 | 258747000 |
| Tuesday, January 1, 2019 | 166273000 | 266357000 |
| Wednesday, January 1, 2020 | 225264000 | 305498000 |
| Friday, January 1, 2021 | 257984000 | 307006000 |
| Saturday, January 1, 2022 | 250641000 | 371623000 |
| Sunday, January 1, 2023 | 271298000 | 435041000 |
| Monday, January 1, 2024 | 279819000 | 210902000 |
Infusing magic into the data realm
In the competitive landscape of software design, Cadence Design Systems, Inc. and ANSYS, Inc. have been pivotal players. Over the past decade, from 2014 to 2023, Cadence has consistently outperformed ANSYS in terms of cost of revenue efficiency. Cadence's cost of revenue has grown by approximately 94%, reaching its peak in 2023, while ANSYS saw a 77% increase over the same period. This trend highlights Cadence's strategic prowess in managing production costs relative to revenue generation. Notably, in 2023, Cadence's cost of revenue was nearly 60% higher than ANSYS, underscoring its dominant position. As the industry evolves, these insights provide a glimpse into the operational efficiencies that drive success in the software sector.
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