| __timestamp | Owens Corning | Trane Technologies plc |
|---|---|---|
| Wednesday, January 1, 2014 | 76000000 | 212300000 |
| Thursday, January 1, 2015 | 73000000 | 205900000 |
| Friday, January 1, 2016 | 82000000 | 207900000 |
| Sunday, January 1, 2017 | 85000000 | 210800000 |
| Monday, January 1, 2018 | 89000000 | 228700000 |
| Tuesday, January 1, 2019 | 87000000 | 174200000 |
| Wednesday, January 1, 2020 | 82000000 | 165000000 |
| Friday, January 1, 2021 | 91000000 | 193500000 |
| Saturday, January 1, 2022 | 106000000 | 211200000 |
| Sunday, January 1, 2023 | 123000000 | 252300000 |
| Monday, January 1, 2024 | 0 |
Unleashing insights
In the competitive landscape of industrial innovation, Trane Technologies plc and Owens Corning have taken distinct paths in their research and development (R&D) strategies over the past decade. From 2014 to 2023, Trane Technologies consistently outpaced Owens Corning in R&D spending, with an average annual investment nearly 130% higher. This strategic focus is evident in 2023, where Trane Technologies allocated approximately 252% more to R&D than Owens Corning.
Owens Corning, while more conservative in its R&D expenditure, has shown a steady increase, culminating in a 62% rise from 2014 to 2023. This growth reflects a commitment to innovation, albeit at a different scale. As these companies continue to evolve, their R&D investments will likely play a pivotal role in shaping their competitive edge and market leadership.
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