Cost Insights: Breaking Down ServiceNow, Inc. and Keysight Technologies, Inc.'s Expenses

Cost Insights: A Comparative Analysis of ServiceNow and Keysight Technologies

In the ever-evolving landscape of technology, understanding the financial dynamics of industry leaders is crucial. This analysis delves into the cost structures of ServiceNow, Inc. and Keysight Technologies, Inc. over the past decade. From 2014 to 2024, Keysight Technologies consistently maintained a higher cost of revenue, peaking in 2022 with a 50% increase from its 2014 figures. Meanwhile, ServiceNow showcased a remarkable growth trajectory, with its cost of revenue surging by over 800% during the same period, reflecting its aggressive expansion strategy.

By 2023, ServiceNow's cost of revenue nearly matched that of Keysight, highlighting its rapid ascent in the tech industry. This trend underscores the shifting dynamics in the tech sector, where newer players like ServiceNow are challenging established giants. As we look to the future, these insights provide a window into the strategic priorities of these companies.