__timestamp | International Business Machines Corporation | Pure Storage, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 5437000000 | 36081000 |
Thursday, January 1, 2015 | 5247000000 | 92707000 |
Friday, January 1, 2016 | 5726000000 | 166645000 |
Sunday, January 1, 2017 | 5590000000 | 245817000 |
Monday, January 1, 2018 | 5379000000 | 279196000 |
Tuesday, January 1, 2019 | 5910000000 | 349936000 |
Wednesday, January 1, 2020 | 6262000000 | 433662000 |
Friday, January 1, 2021 | 6488000000 | 480467000 |
Saturday, January 1, 2022 | 6567000000 | 581935000 |
Sunday, January 1, 2023 | 6775000000 | 692528000 |
Monday, January 1, 2024 | 0 | 736764000 |
In pursuit of knowledge
In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. This chart offers a fascinating glimpse into the R&D spending trends of two industry giants: International Business Machines Corporation (IBM) and Pure Storage, Inc., from 2014 to 2023.
IBM, a stalwart in the tech industry, consistently invested heavily in R&D, peaking at approximately $6.8 billion in 2023. This represents a steady increase of around 25% from 2014. In contrast, Pure Storage, a relatively newer player, demonstrated a remarkable growth trajectory, with R&D expenses skyrocketing by over 1,800% during the same period, reaching nearly $693 million in 2023.
While IBM's R&D spending dwarfs that of Pure Storage, the latter's rapid growth underscores its commitment to innovation. This comparison highlights the diverse strategies of established and emerging tech companies in driving technological advancement.
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