| __timestamp | Motorola Solutions, Inc. | ServiceNow, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 681000000 | 148258000 |
| Thursday, January 1, 2015 | 620000000 | 217389000 |
| Friday, January 1, 2016 | 553000000 | 285239000 |
| Sunday, January 1, 2017 | 568000000 | 377518000 |
| Monday, January 1, 2018 | 637000000 | 529501000 |
| Tuesday, January 1, 2019 | 687000000 | 748369000 |
| Wednesday, January 1, 2020 | 686000000 | 1024327000 |
| Friday, January 1, 2021 | 734000000 | 1397000000 |
| Saturday, January 1, 2022 | 779000000 | 1768000000 |
| Sunday, January 1, 2023 | 858000000 | 2124000000 |
| Monday, January 1, 2024 | 917000000 | 2543000000 |
Infusing magic into the data realm
In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, ServiceNow, Inc. and Motorola Solutions, Inc. have demonstrated contrasting trajectories in their R&D expenditures. From 2014 to 2023, ServiceNow's R&D expenses surged by over 1,300%, reflecting its aggressive push towards innovation and market expansion. In contrast, Motorola Solutions exhibited a steadier growth of approximately 26% in the same period, focusing on refining its existing technologies.
By 2023, ServiceNow's R&D spending reached a remarkable 2.1 billion, dwarfing Motorola's 858 million. This disparity underscores ServiceNow's commitment to pioneering new solutions in the cloud computing space. However, the data for 2024 is incomplete, highlighting the dynamic nature of financial reporting. As these tech giants continue to invest in R&D, their strategies will shape the future of technology and innovation.
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