Comparing Innovation Spending: International Business Machines Corporation and Splunk Inc.

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

__timestampInternational Business Machines CorporationSplunk Inc.
Wednesday, January 1, 2014543700000075895000
Thursday, January 1, 20155247000000150790000
Friday, January 1, 20165726000000215309000
Sunday, January 1, 20175590000000295850000
Monday, January 1, 20185379000000301114000
Tuesday, January 1, 20195910000000441969000
Wednesday, January 1, 20206262000000619800000
Friday, January 1, 20216488000000791026000
Saturday, January 1, 202265670000001029574000
Sunday, January 1, 20236775000000997170000
Monday, January 1, 20240918834000
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Unleashing insights

A Decade of Innovation: IBM vs. Splunk

In the ever-evolving tech landscape, innovation is the lifeblood of success. Over the past decade, International Business Machines Corporation (IBM) and Splunk Inc. have demonstrated contrasting approaches to research and development (R&D) spending. IBM, a stalwart in the industry, consistently invested heavily in R&D, peaking in 2023 with a 25% increase from 2014. In contrast, Splunk, a rising star in data analytics, showcased a remarkable growth trajectory, with R&D expenses surging by over 1,200% from 2014 to 2023.

While IBM's R&D spending remained relatively stable, Splunk's aggressive investment strategy highlights its commitment to innovation and market expansion. This divergence in spending patterns underscores the different stages and strategies of these companies. As we look to the future, the question remains: will Splunk's rapid growth continue to challenge the established giants like IBM?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025