| __timestamp | Micron Technology, Inc. | Tyler Technologies, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 1371000000 | 25743000 |
| Thursday, January 1, 2015 | 1540000000 | 29922000 |
| Friday, January 1, 2016 | 1617000000 | 43154000 |
| Sunday, January 1, 2017 | 1824000000 | 47324000 |
| Monday, January 1, 2018 | 2141000000 | 63264000 |
| Tuesday, January 1, 2019 | 2441000000 | 81342000 |
| Wednesday, January 1, 2020 | 2600000000 | 88363000 |
| Friday, January 1, 2021 | 2663000000 | 93481000 |
| Saturday, January 1, 2022 | 3116000000 | 105184000 |
| Sunday, January 1, 2023 | 3114000000 | 109585000 |
| Monday, January 1, 2024 | 3430000000 | 117939000 |
Unleashing the power of data
In the ever-evolving world of technology, research and development (R&D) is the lifeblood of innovation. Over the past decade, Micron Technology, Inc. and Tyler Technologies, Inc. have showcased contrasting approaches to R&D investment. Micron, a leader in memory and storage solutions, has consistently ramped up its R&D spending, growing from approximately $1.4 billion in 2014 to an impressive $3.4 billion in 2024. This represents a staggering 145% increase, underscoring Micron's commitment to staying at the forefront of technological advancements.
On the other hand, Tyler Technologies, a key player in public sector software solutions, has seen its R&D expenses grow from around $25 million in 2014 to over $109 million in 2023, marking a 330% increase. While Tyler's absolute numbers are smaller, the growth rate highlights its strategic focus on innovation. The data for 2024 is missing for Tyler, leaving room for speculation on its future trajectory.
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