R&D Spending Showdown: Cisco Systems, Inc. vs NetApp, Inc.

Cisco vs. NetApp: A Decade of R&D Investment

__timestampCisco Systems, Inc.NetApp, Inc.
Wednesday, January 1, 20146294000000917300000
Thursday, January 1, 20156207000000919300000
Friday, January 1, 20166296000000861000000
Sunday, January 1, 20176059000000779000000
Monday, January 1, 20186332000000783000000
Tuesday, January 1, 20196577000000827000000
Wednesday, January 1, 20206347000000847000000
Friday, January 1, 20216549000000881000000
Saturday, January 1, 20226774000000881000000
Sunday, January 1, 20237551000000956000000
Monday, January 1, 202479830000001029000000
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Unveiling the hidden dimensions of data

The R&D Race: Cisco vs. NetApp

In the ever-evolving tech landscape, innovation is the key to staying ahead. Cisco Systems, Inc. and NetApp, Inc. have been at the forefront of this race, investing heavily in research and development (R&D) over the past decade. From 2014 to 2024, Cisco's R&D spending surged by approximately 27%, peaking at nearly $8 billion in 2024. This commitment underscores Cisco's strategy to maintain its leadership in networking and cybersecurity.

Conversely, NetApp, a leader in data management solutions, has consistently allocated around $900 million annually to R&D, with a notable 12% increase in 2024. This steady investment reflects NetApp's focus on enhancing its cloud and data services.

As these tech giants continue to innovate, their R&D investments highlight their dedication to shaping the future of technology. The data reveals a compelling narrative of strategic growth and adaptation in a competitive industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025