__timestamp | Palo Alto Networks, Inc. | Workday, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 104813000 | 182116000 |
Thursday, January 1, 2015 | 185828000 | 316868000 |
Friday, January 1, 2016 | 284200000 | 469944000 |
Sunday, January 1, 2017 | 347400000 | 680531000 |
Monday, January 1, 2018 | 400700000 | 910584000 |
Tuesday, January 1, 2019 | 539500000 | 1211832000 |
Wednesday, January 1, 2020 | 768100000 | 1549906000 |
Friday, January 1, 2021 | 1140400000 | 1721222000 |
Saturday, January 1, 2022 | 1417700000 | 1879220000 |
Sunday, January 1, 2023 | 1604000000 | 2270660000 |
Monday, January 1, 2024 | 1809400000 | 2464000000 |
Data in motion
In the ever-evolving tech landscape, innovation is the lifeblood of success. Palo Alto Networks, Inc. and Workday, Inc. exemplify this with their substantial investments in research and development (R&D) over the past decade. From 2014 to 2024, Workday's R&D expenses surged by over 1,250%, while Palo Alto Networks saw an impressive increase of approximately 1,630%. This growth underscores their commitment to staying ahead in cybersecurity and enterprise software, respectively.
In 2014, Workday's R&D spending was about 74% higher than Palo Alto Networks. Fast forward to 2024, and Workday's investment remains robust, but Palo Alto Networks has closed the gap significantly, with its R&D expenses now only 29% less than Workday's. This trend highlights the fierce competition and the relentless pursuit of innovation in the tech industry.
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