Who Prioritizes Innovation? R&D Spending Compared for ServiceNow, Inc. and ASE Technology Holding Co., Ltd.

Comparing R&D Priorities: ServiceNow vs. ASE Technology

__timestampASE Technology Holding Co., Ltd.ServiceNow, Inc.
Wednesday, January 1, 201410296000000148258000
Thursday, January 1, 201510928000000217389000
Friday, January 1, 201611391000000285239000
Sunday, January 1, 201711747000000377518000
Monday, January 1, 201814963000000529501000
Tuesday, January 1, 201918396000000748369000
Wednesday, January 1, 2020193010000001024327000
Friday, January 1, 2021210530000001397000000
Saturday, January 1, 2022243700000001768000000
Sunday, January 1, 2023254994080002124000000
Monday, January 1, 2024288299120002543000000
Loading chart...

Infusing magic into the data realm

Innovation in Focus: A Comparative Analysis of R&D Spending

In the ever-evolving landscape of technology, innovation is the key to staying ahead. ServiceNow, Inc. and ASE Technology Holding Co., Ltd. exemplify this pursuit through their research and development (R&D) investments. Over the past decade, ASE Technology has consistently outpaced ServiceNow in R&D spending, with a staggering 1,500% more investment on average. From 2014 to 2023, ASE Technology's R&D expenses grew by approximately 148%, peaking in 2023. Meanwhile, ServiceNow's R&D spending surged by over 1,300% during the same period, reflecting its commitment to innovation despite a smaller budget.

The data reveals a fascinating trend: while ASE Technology's R&D spending is significantly higher, ServiceNow's rapid growth in investment underscores its strategic focus on innovation. As we look to the future, these companies' dedication to R&D will likely shape their competitive edge in the global market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025