R&D Spending Showdown: ServiceNow, Inc. vs Dell Technologies Inc.

Tech Titans' R&D Race: Dell vs. ServiceNow

__timestampDell Technologies Inc.ServiceNow, Inc.
Wednesday, January 1, 20141273000000148258000
Thursday, January 1, 2015920000000217389000
Friday, January 1, 20161051000000285239000
Sunday, January 1, 20172636000000377518000
Monday, January 1, 20184384000000529501000
Tuesday, January 1, 20194604000000748369000
Wednesday, January 1, 202024540000001024327000
Friday, January 1, 202124550000001397000000
Saturday, January 1, 202225770000001768000000
Sunday, January 1, 202327790000002124000000
Monday, January 1, 202428010000002543000000
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R&D Spending: A Tale of Two Tech Giants

In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. Over the past decade, ServiceNow, Inc. and Dell Technologies Inc. have been at the forefront of this innovation race. From 2014 to 2024, Dell consistently outspent ServiceNow in R&D, with Dell's spending peaking in 2018 at nearly 4.4 billion dollars, a staggering 200% increase from 2014. Meanwhile, ServiceNow's R&D investment grew exponentially, surging by over 1,600% from 2014 to 2024, reaching 2.5 billion dollars. This rapid growth underscores ServiceNow's commitment to innovation, despite its smaller scale compared to Dell. As we look to the future, these investments will likely shape the competitive dynamics in the tech industry, driving new products and services that could redefine the market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025