| __timestamp | Fortive Corporation | International Business Machines Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 387600000 | 5437000000 |
| Thursday, January 1, 2015 | 377700000 | 5247000000 |
| Friday, January 1, 2016 | 384800000 | 5726000000 |
| Sunday, January 1, 2017 | 406000000 | 5590000000 |
| Monday, January 1, 2018 | 414300000 | 5379000000 |
| Tuesday, January 1, 2019 | 456700000 | 5910000000 |
| Wednesday, January 1, 2020 | 320700000 | 6262000000 |
| Friday, January 1, 2021 | 354800000 | 6488000000 |
| Saturday, January 1, 2022 | 401500000 | 6567000000 |
| Sunday, January 1, 2023 | 397800000 | 6775000000 |
| Monday, January 1, 2024 | 414000000 | 0 |
Igniting the spark of knowledge
In the ever-evolving landscape of technology and innovation, two giants stand out: International Business Machines Corporation (IBM) and Fortive Corporation. Over the past decade, IBM has consistently outpaced Fortive in research and development (R&D) investments. From 2014 to 2023, IBM's R&D expenses have averaged around $5.4 billion annually, peaking at approximately $6.8 billion in 2023. In contrast, Fortive's R&D spending has hovered around $390 million per year, with a high of $457 million in 2019.
This stark difference highlights IBM's commitment to innovation, investing nearly 14 times more than Fortive on average. Such investments are crucial for maintaining a competitive edge in the tech industry. However, it's worth noting that Fortive's focused approach might yield efficient innovations in its niche markets. As we look to the future, the question remains: will Fortive increase its R&D spending to compete with industry titans like IBM?
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