| __timestamp | Cisco Systems, Inc. | Nokia Oyj |
|---|---|---|
| Wednesday, January 1, 2014 | 6294000000 | 2493000000 |
| Thursday, January 1, 2015 | 6207000000 | 2126000000 |
| Friday, January 1, 2016 | 6296000000 | 4904000000 |
| Sunday, January 1, 2017 | 6059000000 | 4916000000 |
| Monday, January 1, 2018 | 6332000000 | 4620000000 |
| Tuesday, January 1, 2019 | 6577000000 | 4411000000 |
| Wednesday, January 1, 2020 | 6347000000 | 4087000000 |
| Friday, January 1, 2021 | 6549000000 | 4214000000 |
| Saturday, January 1, 2022 | 6774000000 | 4550000000 |
| Sunday, January 1, 2023 | 7551000000 | 4327000000 |
| Monday, January 1, 2024 | 7983000000 |
Igniting the spark of knowledge
In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. Over the past decade, Cisco Systems, Inc. and Nokia Oyj have been at the forefront, investing heavily in R&D to maintain their competitive edge. From 2014 to 2023, Cisco's R&D expenses have shown a steady upward trend, peaking at approximately $7.55 billion in 2023, a 20% increase from 2014. In contrast, Nokia's R&D spending has been more volatile, with a notable dip in 2015 but recovering to around $4.33 billion by 2023. This divergence highlights Cisco's consistent commitment to innovation, while Nokia's fluctuating investments reflect its strategic adjustments in a rapidly changing market. As we look to the future, these investments will likely shape the technological advancements and market positions of these industry giants.
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