Oracle Corporation or Corning Incorporated: Who Invests More in Innovation?

Oracle's R&D spending dwarfs Corning's over a decade.

__timestampCorning IncorporatedOracle Corporation
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Tuesday, January 1, 201910310000006026000000
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Unlocking the unknown

Oracle vs. Corning: A Decade of Innovation Investment

In the ever-evolving tech landscape, innovation is the key to staying ahead. Over the past decade, Oracle Corporation and Corning Incorporated have demonstrated their commitment to innovation through substantial investments in research and development (R&D). From 2014 to 2024, Oracle consistently outpaced Corning, investing nearly 7 times more annually on average. In 2023, Oracle's R&D expenses peaked at approximately $9.4 billion, a 52% increase from 2014. Meanwhile, Corning's investment grew steadily, reaching around $1.1 billion in 2024, marking a 34% rise over the same period. This trend highlights Oracle's aggressive strategy to maintain its competitive edge in software and cloud services, while Corning focuses on advancing its materials science and optical communications technologies. As we look to the future, these investments will likely shape the next wave of technological breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025