__timestamp | Oracle Corporation | Salesforce, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 6175000000 | 623798000 |
Thursday, January 1, 2015 | 5524000000 | 792917000 |
Friday, January 1, 2016 | 6346000000 | 946300000 |
Sunday, January 1, 2017 | 6153000000 | 1208000000 |
Monday, January 1, 2018 | 6084000000 | 1553000000 |
Tuesday, January 1, 2019 | 6026000000 | 1886000000 |
Wednesday, January 1, 2020 | 6067000000 | 2766000000 |
Friday, January 1, 2021 | 6527000000 | 3598000000 |
Saturday, January 1, 2022 | 7694000000 | 4465000000 |
Sunday, January 1, 2023 | 9415000000 | 5055000000 |
Monday, January 1, 2024 | 8915000000 | 4906000000 |
In pursuit of knowledge
In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Oracle Corporation and Salesforce, Inc. have been at the forefront of this race. From 2014 to 2024, Oracle's R&D expenses have surged by approximately 44%, peaking in 2023. Meanwhile, Salesforce has shown an impressive growth trajectory, with its R&D spending increasing by over 700% during the same period.
Oracle's consistent investment reflects its strategy to maintain a competitive edge in enterprise software. In contrast, Salesforce's exponential growth in R&D spending underscores its aggressive expansion and innovation in cloud-based solutions. As of 2023, Oracle's R&D expenses were nearly double those of Salesforce, highlighting its larger scale. However, Salesforce's rapid growth rate suggests a dynamic shift in the tech industry, where agility and innovation are paramount.
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