__timestamp | Microchip Technology Incorporated | Oracle Corporation |
---|---|---|
Wednesday, January 1, 2014 | 305043000 | 6175000000 |
Thursday, January 1, 2015 | 349543000 | 5524000000 |
Friday, January 1, 2016 | 372596000 | 6346000000 |
Sunday, January 1, 2017 | 545293000 | 6153000000 |
Monday, January 1, 2018 | 529300000 | 6084000000 |
Tuesday, January 1, 2019 | 826300000 | 6026000000 |
Wednesday, January 1, 2020 | 877800000 | 6067000000 |
Friday, January 1, 2021 | 836400000 | 6527000000 |
Saturday, January 1, 2022 | 989100000 | 7694000000 |
Sunday, January 1, 2023 | 1118300000 | 9415000000 |
Monday, January 1, 2024 | 1097400000 | 8915000000 |
Cracking the code
In the ever-evolving tech landscape, innovation is the lifeblood of success. Over the past decade, Oracle Corporation and Microchip Technology Incorporated have demonstrated their commitment to research and development (R&D) with significant investments. From 2014 to 2024, Oracle consistently outpaced Microchip, investing nearly 10 times more in R&D by 2023. Oracle's R&D expenses peaked in 2023, reaching approximately $9.4 billion, a 53% increase from 2014. Meanwhile, Microchip's R&D spending grew steadily, peaking at around $1.1 billion in 2023, marking a 266% increase since 2014. This trend highlights Oracle's robust financial commitment to innovation, while Microchip's growth rate underscores its strategic focus on enhancing technological capabilities. As the tech industry continues to advance, these investments are crucial for maintaining competitive edges and driving future growth.
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