__timestamp | Cognizant Technology Solutions Corporation | CyberArk Software Ltd. |
---|---|---|
Wednesday, January 1, 2014 | 2037021000 | 53438000 |
Thursday, January 1, 2015 | 2508600000 | 83196000 |
Friday, January 1, 2016 | 2731000000 | 115892000 |
Sunday, January 1, 2017 | 2769000000 | 157138000 |
Monday, January 1, 2018 | 3026000000 | 190334000 |
Tuesday, January 1, 2019 | 2972000000 | 236476000 |
Wednesday, January 1, 2020 | 3100000000 | 280428000 |
Friday, January 1, 2021 | 3503000000 | 345826000 |
Saturday, January 1, 2022 | 3443000000 | 427793000 |
Sunday, January 1, 2023 | 3252000000 | 500784000 |
Monday, January 1, 2024 | 3223000000 | 593210000 |
Unleashing insights
In the ever-evolving tech landscape, effective cost management is crucial for sustained growth. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Cognizant Technology Solutions Corporation and CyberArk Software Ltd. over the past decade. From 2014 to 2023, Cognizant's SG&A expenses surged by approximately 60%, peaking in 2021. This reflects their strategic investments in scaling operations and expanding market reach. Meanwhile, CyberArk's expenses grew nearly tenfold, highlighting their aggressive expansion and increased market penetration. Notably, 2023 saw a slight dip in Cognizant's expenses, suggesting a shift towards optimizing operational efficiency. In contrast, CyberArk continued its upward trajectory, indicating ongoing growth initiatives. This comparative analysis underscores the diverse strategies employed by these tech leaders in managing operational costs while navigating the competitive tech industry.
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