Research and Development: Comparing Key Metrics for Rockwell Automation, Inc. and Pentair plc

A Decade of Innovation: R&D Trends in Industrial Giants

In the ever-evolving landscape of industrial automation and water solutions, research and development (R&D) play a pivotal role in driving innovation and maintaining competitive advantage. Over the past decade, Rockwell Automation, Inc. and Pentair plc have demonstrated distinct approaches to R&D investment.

From 2014 to 2023, Rockwell Automation consistently allocated a significant portion of its resources to R&D, with expenses peaking at approximately $530 million in 2023, marking an impressive 82% increase from 2014. This commitment underscores Rockwell's dedication to advancing automation technologies. In contrast, Pentair's R&D spending exhibited a more conservative trajectory, with a peak in 2015 and a subsequent decline, reflecting a strategic focus on optimizing existing technologies.

As we look to the future, the absence of 2024 data for Pentair suggests potential shifts in strategy, while Rockwell's continued investment signals ongoing innovation in the automation sector.