| __timestamp | Carlisle Companies Incorporated | Westinghouse Air Brake Technologies Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 33800000 | 61886000 |
| Thursday, January 1, 2015 | 42800000 | 71213000 |
| Friday, January 1, 2016 | 48100000 | 71375000 |
| Sunday, January 1, 2017 | 54900000 | 95166000 |
| Monday, January 1, 2018 | 55100000 | 87450000 |
| Tuesday, January 1, 2019 | 60900000 | 209900000 |
| Wednesday, January 1, 2020 | 45400000 | 162100000 |
| Friday, January 1, 2021 | 49900000 | 176000000 |
| Saturday, January 1, 2022 | 50800000 | 209000000 |
| Sunday, January 1, 2023 | 28700000 | 218000000 |
| Monday, January 1, 2024 | 35400000 | 206000000 |
Unveiling the hidden dimensions of data
In the ever-evolving landscape of transportation technology, research and development (R&D) investments play a pivotal role in driving innovation. Over the past decade, Westinghouse Air Brake Technologies Corporation (WAB) and Carlisle Companies Incorporated have been at the forefront of this transformation.
From 2014 to 2023, WAB consistently outpaced Carlisle in R&D spending, with an average annual investment nearly three times higher. Notably, in 2023, WAB's R&D expenses surged to approximately 218% of Carlisle's, highlighting its commitment to technological advancement.
While Carlisle's R&D investments peaked in 2019, WAB demonstrated a steady upward trend, particularly between 2019 and 2023, where its R&D expenses grew by 4%. This strategic focus on innovation underscores WAB's dedication to maintaining its competitive edge in the transportation sector.
As the industry continues to evolve, these investments will likely shape the future of transportation technology, fostering advancements that benefit both companies and consumers alike.
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