| __timestamp | International Business Machines Corporation | Manhattan Associates, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 5437000000 | 48953000 |
| Thursday, January 1, 2015 | 5247000000 | 53859000 |
| Friday, January 1, 2016 | 5726000000 | 54736000 |
| Sunday, January 1, 2017 | 5590000000 | 57704000 |
| Monday, January 1, 2018 | 5379000000 | 71896000 |
| Tuesday, January 1, 2019 | 5910000000 | 87608000 |
| Wednesday, January 1, 2020 | 6262000000 | 84276000 |
| Friday, January 1, 2021 | 6488000000 | 97628000 |
| Saturday, January 1, 2022 | 6567000000 | 111877000 |
| Sunday, January 1, 2023 | 6775000000 | 126814000 |
| Monday, January 1, 2024 | 0 | 137689000 |
Unleashing the power of data
In the ever-evolving landscape of technology, research and development (R&D) is the lifeblood of innovation. Over the past decade, International Business Machines Corporation (IBM) and Manhattan Associates, Inc. have demonstrated contrasting approaches to R&D investment. IBM, a titan in the tech industry, has consistently allocated substantial resources to R&D, with expenses peaking at approximately $6.8 billion in 2023, marking a 25% increase since 2014. In contrast, Manhattan Associates, a leader in supply chain solutions, has shown a steady yet modest growth in R&D spending, reaching around $137 million in 2024, a nearly threefold increase from 2014. This disparity highlights IBM's aggressive pursuit of technological advancement, while Manhattan Associates focuses on strategic, incremental innovation. As we look to the future, these trends offer a glimpse into the strategic priorities of these industry leaders.
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