Marvell Technology, Inc. or Fortive Corporation: Who Invests More in Innovation?

Marvell vs. Fortive: A Decade of R&D Investment

__timestampFortive CorporationMarvell Technology, Inc.
Wednesday, January 1, 20143876000001156885000
Thursday, January 1, 20153777000001164059000
Friday, January 1, 20163848000001101446000
Sunday, January 1, 2017406000000880050000
Monday, January 1, 2018414300000714444000
Tuesday, January 1, 2019456700000914009000
Wednesday, January 1, 20203207000001080391000
Friday, January 1, 20213548000001072740000
Saturday, January 1, 20224015000001424306000
Sunday, January 1, 20233978000001784300000
Monday, January 1, 20244140000001896200000
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In pursuit of knowledge

Innovation Investment: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. Marvell Technology, Inc. and Fortive Corporation are two titans in this arena, each with a unique approach to research and development (R&D) investments. Over the past decade, Marvell has consistently outpaced Fortive, investing nearly three times more in R&D by 2023. This trend highlights Marvell's aggressive strategy to stay ahead in the competitive tech market. In 2023, Marvell's R&D expenses surged to 1.78 billion, a 23% increase from the previous year, while Fortive's investment remained relatively stable, peaking at 457 million in 2019. The data suggests that Marvell's commitment to innovation is unwavering, even as Fortive maintains a steady course. As we look to the future, the question remains: will Fortive ramp up its R&D to match Marvell's pace, or will it continue to chart its own path?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025