__timestamp | Fortive Corporation | Western Digital Corporation |
---|---|---|
Wednesday, January 1, 2014 | 387600000 | 1661000000 |
Thursday, January 1, 2015 | 377700000 | 1646000000 |
Friday, January 1, 2016 | 384800000 | 1627000000 |
Sunday, January 1, 2017 | 406000000 | 2441000000 |
Monday, January 1, 2018 | 414300000 | 2400000000 |
Tuesday, January 1, 2019 | 456700000 | 2182000000 |
Wednesday, January 1, 2020 | 320700000 | 2261000000 |
Friday, January 1, 2021 | 354800000 | 2243000000 |
Saturday, January 1, 2022 | 401500000 | 2323000000 |
Sunday, January 1, 2023 | 397800000 | 2009000000 |
Monday, January 1, 2024 | 414000000 | 1907000000 |
Igniting the spark of knowledge
In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Fortive Corporation and Western Digital Corporation have showcased contrasting R&D investment strategies. From 2014 to 2023, Western Digital consistently outpaced Fortive, with R&D expenses peaking at over $2.4 billion in 2017, nearly six times Fortive's highest expenditure in 2019. However, Fortive's R&D spending showed a steady increase, peaking at $456 million in 2019, reflecting a 20% growth from 2014. Interestingly, both companies experienced a dip in 2023, with Western Digital's expenses dropping to $2 billion and Fortive's to $398 million. This trend highlights the dynamic nature of tech investments and the strategic shifts companies make in response to market demands and technological advancements.
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