__timestamp | II-VI Incorporated | SAP SE |
---|---|---|
Wednesday, January 1, 2014 | 42523000 | 2331000000 |
Thursday, January 1, 2015 | 51260000 | 2845000000 |
Friday, January 1, 2016 | 60354000 | 3041000000 |
Sunday, January 1, 2017 | 96810000 | 3352000000 |
Monday, January 1, 2018 | 116875000 | 3624000000 |
Tuesday, January 1, 2019 | 139163000 | 4279000000 |
Wednesday, January 1, 2020 | 339073000 | 4457000000 |
Friday, January 1, 2021 | 330105000 | 5190000000 |
Saturday, January 1, 2022 | 377106000 | 6165000000 |
Sunday, January 1, 2023 | 499603000 | 6401000000 |
Monday, January 1, 2024 | 478788000 | 6509000000 |
Cracking the code
In the ever-evolving landscape of technology and innovation, research and development (R&D) spending is a critical indicator of a company's commitment to future growth. Over the past decade, SAP SE and II-VI Incorporated have demonstrated contrasting approaches to R&D investment.
SAP SE, a global leader in enterprise software, has consistently allocated a significant portion of its resources to R&D, with spending increasing by approximately 171% from 2014 to 2023. This commitment underscores SAP's strategy to maintain its competitive edge in the software industry.
On the other hand, II-VI Incorporated, a key player in engineered materials and optoelectronic components, has shown a remarkable 1075% increase in R&D spending over the same period. This surge reflects II-VI's aggressive pursuit of innovation to capture emerging market opportunities.
As these two companies continue to invest in R&D, their strategies offer valuable insights into the diverse paths to technological leadership.
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