Intel Corporation or CyberArk Software Ltd.: Who Invests More in Innovation?

Innovation Investment: Intel vs. CyberArk

In the ever-evolving tech landscape, innovation is the key to staying ahead. Over the past decade, Intel Corporation and CyberArk Software Ltd. have demonstrated contrasting approaches to research and development (R&D) investments. From 2014 to 2023, Intel consistently allocated a significant portion of its resources to R&D, with expenses peaking at approximately $17.5 billion in 2022. This represents a steady increase of around 52% over the period. In contrast, CyberArk, a leader in cybersecurity, has shown a remarkable growth trajectory in its R&D spending, increasing by nearly 1,370% from 2014 to 2023, reaching over $210 million. While Intel's investment dwarfs CyberArk's in absolute terms, the latter's rapid growth underscores its commitment to innovation in a competitive market. This comparison highlights the diverse strategies companies employ to foster innovation and maintain their competitive edge.