| __timestamp | CyberArk Software Ltd. | International Business Machines Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 14400000 | 5437000000 |
| Thursday, January 1, 2015 | 21734000 | 5247000000 |
| Friday, January 1, 2016 | 34614000 | 5726000000 |
| Sunday, January 1, 2017 | 42389000 | 5590000000 |
| Monday, January 1, 2018 | 57112000 | 5379000000 |
| Tuesday, January 1, 2019 | 72520000 | 5910000000 |
| Wednesday, January 1, 2020 | 95426000 | 6262000000 |
| Friday, January 1, 2021 | 142121000 | 6488000000 |
| Saturday, January 1, 2022 | 190321000 | 6567000000 |
| Sunday, January 1, 2023 | 211445000 | 6775000000 |
| Monday, January 1, 2024 | 243058000 | 0 |
Unleashing insights
In the ever-evolving tech landscape, innovation is the key to staying ahead. This chart compares the research and development (R&D) investments of two tech giants: International Business Machines Corporation (IBM) and CyberArk Software Ltd., from 2014 to 2023. Over this period, IBM consistently outspent CyberArk, with R&D expenses peaking at approximately $6.8 billion in 2023, a 25% increase from 2014. In contrast, CyberArk's R&D spending grew significantly, rising by over 1,300% from 2014 to 2023, reaching around $211 million. This stark difference highlights IBM's established dominance in innovation investment, while CyberArk's rapid growth underscores its commitment to expanding its technological capabilities. Notably, the data for 2024 is incomplete, indicating a potential gap in future insights. As the tech industry continues to evolve, these investments will play a crucial role in shaping the future of both companies.
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