__timestamp | SAP SE | VeriSign, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2331000000 | 67777000 |
Thursday, January 1, 2015 | 2845000000 | 63718000 |
Friday, January 1, 2016 | 3041000000 | 59100000 |
Sunday, January 1, 2017 | 3352000000 | 52342000 |
Monday, January 1, 2018 | 3624000000 | 57884000 |
Tuesday, January 1, 2019 | 4279000000 | 60805000 |
Wednesday, January 1, 2020 | 4457000000 | 74671000 |
Friday, January 1, 2021 | 5190000000 | 80529000 |
Saturday, January 1, 2022 | 6165000000 | 85700000 |
Sunday, January 1, 2023 | 6401000000 | 91000000 |
Monday, January 1, 2024 | 6509000000 | 96700000 |
In pursuit of knowledge
In the ever-evolving tech landscape, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, SAP SE and VeriSign, Inc. have demonstrated contrasting approaches to R&D investment.
From 2014 to 2023, SAP SE's R&D expenses surged by approximately 171%, reflecting its strategic focus on innovation. Starting at around $2.3 billion in 2014, SAP's investment grew consistently, peaking at over $6.3 billion in 2023. This growth underscores SAP's dedication to maintaining its competitive edge in the software industry.
In contrast, VeriSign, Inc.'s R&D spending increased by about 34% over the same period. Beginning at nearly $68 million in 2014, it reached approximately $91 million in 2023. While more conservative, this investment aligns with VeriSign's niche focus in internet infrastructure.
These trends highlight the diverse strategies companies employ to foster innovation and growth.
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