| __timestamp | Cisco Systems, Inc. | Telefonaktiebolaget LM Ericsson (publ) |
|---|---|---|
| Wednesday, January 1, 2014 | 6294000000 | 36308000000 |
| Thursday, January 1, 2015 | 6207000000 | 34844000000 |
| Friday, January 1, 2016 | 6296000000 | 31635000000 |
| Sunday, January 1, 2017 | 6059000000 | 37887000000 |
| Monday, January 1, 2018 | 6332000000 | 38909000000 |
| Tuesday, January 1, 2019 | 6577000000 | 38815000000 |
| Wednesday, January 1, 2020 | 6347000000 | 39714000000 |
| Friday, January 1, 2021 | 6549000000 | 42074000000 |
| Saturday, January 1, 2022 | 6774000000 | 47298000000 |
| Sunday, January 1, 2023 | 7551000000 | 51801000000 |
| Monday, January 1, 2024 | 7983000000 |
Unleashing the power of data
In the ever-evolving tech landscape, research and development (R&D) are pivotal for staying ahead. Over the past decade, Cisco Systems, Inc. and Telefonaktiebolaget LM Ericsson have demonstrated contrasting strategies in their R&D investments. From 2014 to 2023, Cisco's R&D expenses grew by approximately 27%, peaking at nearly $8 billion in 2023. This steady increase underscores Cisco's commitment to innovation in networking and cybersecurity.
Conversely, Ericsson's R&D spending, which started at a robust $36 billion in 2014, surged by about 43% to over $51 billion by 2023. This significant investment reflects Ericsson's focus on advancing telecommunications technology, particularly in 5G.
Interestingly, data for 2024 is incomplete, highlighting potential shifts in strategy or reporting. As these tech giants continue to innovate, their R&D investments will be crucial in shaping the future of global connectivity.
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