ON Semiconductor Corporation or Guidewire Software, Inc.: Who Invests More in Innovation?

Comparing R&D investments of ON Semiconductor and Guidewire Software

__timestampGuidewire Software, Inc.ON Semiconductor Corporation
Wednesday, January 1, 201476178000366600000
Thursday, January 1, 201593440000396700000
Friday, January 1, 2016112496000452300000
Sunday, January 1, 2017130323000594400000
Monday, January 1, 2018171657000650700000
Tuesday, January 1, 2019188541000640900000
Wednesday, January 1, 2020200575000642900000
Friday, January 1, 2021219494000655000000
Saturday, January 1, 2022249665000600200000
Sunday, January 1, 2023249746000577300000
Monday, January 1, 2024269381000612700000
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Infusing magic into the data realm

Innovation Investment: A Tale of Two Companies

In the ever-evolving tech landscape, innovation is the lifeblood of success. Over the past decade, ON Semiconductor Corporation and Guidewire Software, Inc. have demonstrated their commitment to research and development (R&D) with significant investments. From 2014 to 2023, ON Semiconductor consistently outpaced Guidewire, investing nearly three times more in R&D by 2023. Notably, ON Semiconductor's R&D expenses peaked in 2021, marking a 79% increase from 2014. Meanwhile, Guidewire's investment grew steadily, reaching its highest in 2024, with a 254% increase since 2014. This trend underscores the strategic importance both companies place on innovation, albeit with different scales and trajectories. As the tech industry continues to advance, these investments highlight the critical role of R&D in maintaining competitive advantage and driving future growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025