Research and Development Expenses Breakdown: Oracle Corporation vs ServiceNow, Inc.

A Decade of Innovation: Oracle vs. ServiceNow

In the ever-evolving tech landscape, research and development (R&D) expenses are a key indicator of a company's commitment to innovation. Over the past decade, Oracle Corporation and ServiceNow, Inc. have demonstrated contrasting trajectories in their R&D investments.

Oracle, a stalwart in enterprise software, has consistently invested in R&D, with a notable 52% increase from 2014 to 2023. This growth underscores Oracle's dedication to maintaining its competitive edge. In contrast, ServiceNow, a rising star in cloud computing, has seen its R&D expenses skyrocket by over 1,600% during the same period, reflecting its aggressive expansion strategy.

By 2023, ServiceNow's R&D spending reached nearly 23% of Oracle's, up from just 2% in 2014. This remarkable growth highlights ServiceNow's rapid ascent in the tech industry, as it continues to challenge established giants like Oracle.