| __timestamp | ANSYS, Inc. | Cadence Design Systems, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 165421000 | 603006000 |
| Thursday, January 1, 2015 | 168831000 | 637567000 |
| Friday, January 1, 2016 | 183093000 | 735340000 |
| Sunday, January 1, 2017 | 202746000 | 804223000 |
| Monday, January 1, 2018 | 233802000 | 884816000 |
| Tuesday, January 1, 2019 | 298210000 | 935938000 |
| Wednesday, January 1, 2020 | 355371000 | 1033732000 |
| Friday, January 1, 2021 | 404870000 | 1134277000 |
| Saturday, January 1, 2022 | 433661000 | 1251544000 |
| Sunday, January 1, 2023 | 494869000 | 1441796000 |
| Monday, January 1, 2024 | 528014000 | 1549093000 |
Infusing magic into the data realm
In the ever-evolving landscape of technology, research and development (R&D) play a pivotal role in driving innovation and maintaining competitive advantage. Over the past decade, Cadence Design Systems, Inc. and ANSYS, Inc. have demonstrated significant commitment to R&D, with Cadence consistently outpacing ANSYS in terms of investment. From 2014 to 2023, Cadence's R&D expenses surged by approximately 139%, reflecting its strategic focus on innovation. In contrast, ANSYS saw a commendable 199% increase, showcasing its dedication to enhancing its technological offerings. By 2023, Cadence's R&D spending was nearly three times that of ANSYS, highlighting its aggressive approach to staying ahead in the tech race. This trend underscores the critical importance of R&D in shaping the future of technology and the strategic priorities of these industry leaders.
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