| __timestamp | International Business Machines Corporation | Workday, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 5437000000 | 182116000 |
| Thursday, January 1, 2015 | 5247000000 | 316868000 |
| Friday, January 1, 2016 | 5726000000 | 469944000 |
| Sunday, January 1, 2017 | 5590000000 | 680531000 |
| Monday, January 1, 2018 | 5379000000 | 910584000 |
| Tuesday, January 1, 2019 | 5910000000 | 1211832000 |
| Wednesday, January 1, 2020 | 6262000000 | 1549906000 |
| Friday, January 1, 2021 | 6488000000 | 1721222000 |
| Saturday, January 1, 2022 | 6567000000 | 1879220000 |
| Sunday, January 1, 2023 | 6775000000 | 2270660000 |
| Monday, January 1, 2024 | 0 | 2464000000 |
In pursuit of knowledge
In the ever-evolving tech landscape, research and development (R&D) investment is a key driver of innovation and growth. Over the past decade, International Business Machines Corporation (IBM) and Workday, Inc. have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2023, IBM consistently invested heavily in R&D, peaking at approximately $6.8 billion in 2023, marking a 25% increase from 2014. In contrast, Workday's R&D spending surged by over 1,100% during the same period, reaching around $2.3 billion in 2023. This remarkable growth underscores Workday's aggressive push to enhance its cloud-based solutions. While IBM's steady investment reflects its commitment to maintaining its legacy and expanding its technological prowess, Workday's exponential increase highlights its ambition to disrupt the market. As we look to the future, these investment trends will likely shape the competitive dynamics in the tech industry.
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