| __timestamp | CNH Industrial N.V. | Rockwell Automation, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 1106000000 | 290100000 |
| Thursday, January 1, 2015 | 856000000 | 307300000 |
| Friday, January 1, 2016 | 860000000 | 319300000 |
| Sunday, January 1, 2017 | 957000000 | 348200000 |
| Monday, January 1, 2018 | 1061000000 | 371800000 |
| Tuesday, January 1, 2019 | 1030000000 | 378900000 |
| Wednesday, January 1, 2020 | 932000000 | 371500000 |
| Friday, January 1, 2021 | 1236000000 | 422500000 |
| Saturday, January 1, 2022 | 866000000 | 440900000 |
| Sunday, January 1, 2023 | 1041000000 | 529500000 |
| Monday, January 1, 2024 | 477300000 |
Igniting the spark of knowledge
In the ever-evolving landscape of industrial automation and machinery, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Rockwell Automation, Inc. and CNH Industrial N.V. have demonstrated contrasting approaches to R&D investment.
From 2014 to 2023, CNH Industrial N.V. consistently allocated a significant portion of its resources to R&D, peaking in 2021 with a 24% increase compared to 2014. However, fluctuations were evident, with a notable dip in 2015 and 2022. In contrast, Rockwell Automation, Inc. exhibited a steady upward trend, culminating in a 45% increase in 2023 compared to its 2014 spending.
These trends highlight the strategic priorities of each company, with Rockwell Automation focusing on consistent growth and CNH Industrial adapting to market demands. Missing data for 2024 suggests ongoing adjustments in their R&D strategies.
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