Who Prioritizes Innovation? R&D Spending Compared for Cisco Systems, Inc. and Micron Technology, Inc.

R&D Spending: Cisco vs. Micron Over a Decade

__timestampCisco Systems, Inc.Micron Technology, Inc.
Wednesday, January 1, 201462940000001371000000
Thursday, January 1, 201562070000001540000000
Friday, January 1, 201662960000001617000000
Sunday, January 1, 201760590000001824000000
Monday, January 1, 201863320000002141000000
Tuesday, January 1, 201965770000002441000000
Wednesday, January 1, 202063470000002600000000
Friday, January 1, 202165490000002663000000
Saturday, January 1, 202267740000003116000000
Sunday, January 1, 202375510000003114000000
Monday, January 1, 202479830000003430000000
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Cracking the code

Innovation in Tech: A Comparative Analysis

In the ever-evolving landscape of technology, innovation is the key to staying ahead. Cisco Systems, Inc. and Micron Technology, Inc. have been at the forefront of this race, investing heavily in research and development (R&D) over the past decade. From 2014 to 2024, Cisco consistently allocated a significant portion of its resources to R&D, with a notable increase of approximately 27% in spending, peaking in 2024. Meanwhile, Micron Technology, Inc. demonstrated a robust growth trajectory, nearly tripling its R&D investment by 2024. This strategic focus on innovation underscores the companies' commitment to maintaining their competitive edge in the tech industry. As we look to the future, these investments are likely to yield groundbreaking advancements, shaping the next generation of technology. The data highlights the importance of R&D in driving technological progress and sustaining market leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025