| __timestamp | Lennox International Inc. | Rockwell Automation, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 60700000 | 290100000 |
| Thursday, January 1, 2015 | 62300000 | 307300000 |
| Friday, January 1, 2016 | 64599999 | 319300000 |
| Sunday, January 1, 2017 | 73600000 | 348200000 |
| Monday, January 1, 2018 | 72200000 | 371800000 |
| Tuesday, January 1, 2019 | 69900000 | 378900000 |
| Wednesday, January 1, 2020 | 66800000 | 371500000 |
| Friday, January 1, 2021 | 76100000 | 422500000 |
| Saturday, January 1, 2022 | 80300000 | 440900000 |
| Sunday, January 1, 2023 | 94000000 | 529500000 |
| Monday, January 1, 2024 | 0 | 477300000 |
Unlocking the unknown
In the competitive landscape of industrial automation and climate control, Rockwell Automation, Inc. and Lennox International Inc. stand out as leaders in innovation. Over the past decade, Rockwell Automation has consistently outpaced Lennox International in research and development (R&D) spending. From 2014 to 2023, Rockwell's R&D expenses grew by approximately 82%, peaking in 2023 with a staggering $529 million. In contrast, Lennox's investment increased by about 55% over the same period, reaching $94 million in 2023.
This trend highlights Rockwell's commitment to maintaining its edge in automation technology, while Lennox focuses on enhancing its climate control solutions. The data for 2024 is incomplete, but the historical trend suggests that Rockwell will continue to lead in innovation investment. As these companies drive forward, their R&D strategies will be crucial in shaping the future of their respective industries.
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