__timestamp | Seagate Technology Holdings plc | ServiceNow, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 9878000000 | 248776000 |
Thursday, January 1, 2015 | 9930000000 | 329413000 |
Friday, January 1, 2016 | 8545000000 | 398682000 |
Sunday, January 1, 2017 | 7597000000 | 499772000 |
Monday, January 1, 2018 | 7820000000 | 622658000 |
Tuesday, January 1, 2019 | 7458000000 | 796645000 |
Wednesday, January 1, 2020 | 7667000000 | 987113000 |
Friday, January 1, 2021 | 7764000000 | 1353000000 |
Saturday, January 1, 2022 | 8192000000 | 1573000000 |
Sunday, January 1, 2023 | 6033000000 | 1921000000 |
Monday, January 1, 2024 | 5005000000 | 2287000000 |
Igniting the spark of knowledge
In the ever-evolving tech landscape, ServiceNow, Inc. and Seagate Technology Holdings plc stand as intriguing case studies in cost management. Over the past decade, Seagate's cost of revenue has seen a significant decline, dropping by nearly 50% from 2014 to 2024. This trend reflects the company's strategic shifts in response to market demands and technological advancements. Meanwhile, ServiceNow has experienced a remarkable growth trajectory, with its cost of revenue increasing by over 800% during the same period. This surge underscores ServiceNow's aggressive expansion and investment in cloud-based solutions.
A Decade of Change
From 2014 to 2024, Seagate's cost of revenue decreased from approximately $9.9 billion to $5 billion, while ServiceNow's rose from $249 million to $2.3 billion. These contrasting trends highlight the dynamic nature of the tech industry and the diverse strategies companies employ to navigate it.
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