Comparing Innovation Spending: Cisco Systems, Inc. and Manhattan Associates, Inc.

Innovation spending trends in tech giants over a decade.

__timestampCisco Systems, Inc.Manhattan Associates, Inc.
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Tuesday, January 1, 2019657700000087608000
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Igniting the spark of knowledge

Innovation Spending: A Tale of Two Companies

In the ever-evolving tech landscape, innovation is the lifeblood of success. Cisco Systems, Inc. and Manhattan Associates, Inc. exemplify this through their research and development (R&D) investments over the past decade. From 2014 to 2024, Cisco's R&D expenses surged by approximately 27%, reflecting its commitment to maintaining a competitive edge in networking and cybersecurity. Meanwhile, Manhattan Associates, a leader in supply chain solutions, increased its R&D spending by nearly 181%, showcasing its dedication to innovation in logistics and software.

A Decade of Growth

Cisco's R&D spending consistently hovered around 6.3 billion USD in the early years, peaking at nearly 8 billion USD by 2024. In contrast, Manhattan Associates started with a modest 49 million USD, reaching approximately 138 million USD in 2024. This stark contrast highlights the diverse strategies and scales of innovation between these two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025