Research and Development Expenses Breakdown: ServiceNow, Inc. vs Keysight Technologies, Inc.

A Decade of Innovation: R&D Spending Trends

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, ServiceNow, Inc. and Keysight Technologies, Inc. have demonstrated contrasting trajectories in their R&D investments.

ServiceNow, Inc. has shown a remarkable growth in R&D expenses, increasing by over 1,600% from 2014 to 2024. This surge underscores their aggressive pursuit of technological advancements and market leadership. In contrast, Keysight Technologies, Inc. has maintained a steady growth, with a 155% increase over the same period, reflecting a more conservative yet consistent approach to innovation.

By 2024, ServiceNow's R&D expenses are projected to be nearly three times that of Keysight's, highlighting their strategic focus on expanding their technological capabilities. This divergence in R&D spending strategies offers a fascinating glimpse into how these companies are positioning themselves for future success in the competitive tech industry.