R&D Insights: How Cisco Systems, Inc. and VeriSign, Inc. Allocate Funds

Cisco vs. VeriSign: R&D Spending Trends Unveiled

__timestampCisco Systems, Inc.VeriSign, Inc.
Wednesday, January 1, 2014629400000067777000
Thursday, January 1, 2015620700000063718000
Friday, January 1, 2016629600000059100000
Sunday, January 1, 2017605900000052342000
Monday, January 1, 2018633200000057884000
Tuesday, January 1, 2019657700000060805000
Wednesday, January 1, 2020634700000074671000
Friday, January 1, 2021654900000080529000
Saturday, January 1, 2022677400000085700000
Sunday, January 1, 2023755100000091000000
Monday, January 1, 2024798300000096700000
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Unlocking the unknown

R&D Spending: A Tale of Two Tech Giants

In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. Cisco Systems, Inc. and VeriSign, Inc. exemplify this commitment, albeit on different scales. From 2014 to 2023, Cisco's R&D expenses surged by approximately 27%, peaking at nearly $8 billion in 2023. This reflects Cisco's robust investment in pioneering networking solutions and maintaining its competitive edge. In contrast, VeriSign's R&D spending, while significantly smaller, grew by about 34% over the same period, reaching $91 million in 2023. This underscores VeriSign's strategic focus on enhancing its internet infrastructure services. Notably, data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. These insights reveal how two industry leaders allocate resources to fuel innovation, shaping the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025