Breaking Down Revenue Trends: Salesforce, Inc. vs PTC Inc.

Salesforce vs. PTC: A Decade of Revenue Growth

__timestamp	PTC Inc.	Salesforce, Inc.
Wednesday, January 1, 2014	1356967000	4071003000
Thursday, January 1, 2015	1255242000	5373586000
Friday, January 1, 2016	1140533000	6667216000
Sunday, January 1, 2017	1164039000	8391984000
Monday, January 1, 2018	1241824000	10480012000
Tuesday, January 1, 2019	1255631000	13282000000
Wednesday, January 1, 2020	1458415000	17098000000
Friday, January 1, 2021	1807159000	21252000000
Saturday, January 1, 2022	1933347000	26492000000
Sunday, January 1, 2023	2097053000	31352000000
Monday, January 1, 2024	2298472000	34857000000

Unveiling the hidden dimensions of data

Revenue Growth: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, Salesforce, Inc. and PTC Inc. have carved distinct paths in revenue growth over the past decade. Since 2014, Salesforce has demonstrated a remarkable upward trajectory, with its revenue surging by over 750% by 2024. This growth underscores Salesforce's dominance in the cloud-based software market, driven by its innovative solutions and strategic acquisitions.

Conversely, PTC Inc. has shown steady, albeit more modest, growth. From 2014 to 2024, PTC's revenue increased by approximately 70%, reflecting its stronghold in the industrial software sector. This growth is indicative of PTC's commitment to digital transformation and its focus on the Internet of Things (IoT) and augmented reality (AR) technologies.

As we look to the future, these trends highlight the dynamic nature of the tech industry and the diverse strategies companies employ to thrive.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025