Research and Development: Comparing Key Metrics for International Business Machines Corporation and Pure Storage, Inc.

IBM vs. Pure Storage: A Decade of R&D Investment

__timestampInternational Business Machines CorporationPure Storage, Inc.
Wednesday, January 1, 2014543700000036081000
Thursday, January 1, 2015524700000092707000
Friday, January 1, 20165726000000166645000
Sunday, January 1, 20175590000000245817000
Monday, January 1, 20185379000000279196000
Tuesday, January 1, 20195910000000349936000
Wednesday, January 1, 20206262000000433662000
Friday, January 1, 20216488000000480467000
Saturday, January 1, 20226567000000581935000
Sunday, January 1, 20236775000000692528000
Monday, January 1, 20240736764000
Loading chart...

In pursuit of knowledge

A Tale of Two Innovators: IBM vs. Pure Storage

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025