__timestamp | Oracle Corporation | Tyler Technologies, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 6175000000 | 25743000 |
Thursday, January 1, 2015 | 5524000000 | 29922000 |
Friday, January 1, 2016 | 6346000000 | 43154000 |
Sunday, January 1, 2017 | 6153000000 | 47324000 |
Monday, January 1, 2018 | 6084000000 | 63264000 |
Tuesday, January 1, 2019 | 6026000000 | 81342000 |
Wednesday, January 1, 2020 | 6067000000 | 88363000 |
Friday, January 1, 2021 | 6527000000 | 93481000 |
Saturday, January 1, 2022 | 7694000000 | 105184000 |
Sunday, January 1, 2023 | 9415000000 | 109585000 |
Monday, January 1, 2024 | 8915000000 | 117939000 |
Cracking the code
In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Oracle Corporation and Tyler Technologies, Inc. have demonstrated contrasting R&D strategies. Oracle, a global tech giant, has consistently invested heavily in R&D, with expenditures peaking at approximately $9.4 billion in 2023, marking a 52% increase from 2014. This robust investment underscores Oracle's commitment to maintaining its competitive edge in the software industry.
Conversely, Tyler Technologies, a leader in public sector software, has shown a steady yet modest increase in R&D spending. From 2014 to 2023, Tyler's R&D expenses grew by over 300%, reaching around $110 million. This growth reflects Tyler's strategic focus on enhancing its product offerings to meet the evolving needs of government clients. Notably, data for 2024 is incomplete, highlighting the dynamic nature of financial reporting.
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