CrowdStrike Holdings, Inc. - an American cybersecurity technology that provides endpoint security, cloud security, and IT solutions - maintained a steady increase in research and development (R&D) expenses between 2017 and 2024. The company's spending on R&D peaked in 2024 at around 768 million U.S. dollars.
Large investments in R&D
CrowdStrike invests heavily in research and development (R&D) to stay ahead of rapidly evolving cyber threats. The company's R&D efforts are focused on several key areas, including artificial intelligence (AI) and machine learning (ML), behavioral analysis, cloud security, integration and automation, as well as advanced threat hunting.
AI as a key focus
CrowdStrike uses advanced AI and ML algorithms to improve threat detection and response times. These technologies enable the company's star product, the Falcon platform, to analyze vast amounts of data quickly and accurately, identifying abnormal behavior and potential threats that traditional methods might miss. Looking ahead, AI, and particularly Generative AI-powered solutions are forecast to be increasingly used to bolster cybersecurity, offering greater speed, accuracy, and cost-effectiveness.
CrowdStrike's research and development (R&D) expenses from FY2017 to FY2024
(in million U.S. dollars)
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CrowdStrike. (March 7, 2024). CrowdStrike's research and development (R&D) expenses from FY2017 to FY2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 20, 2024, from https://www.statista.com/statistics/1177841/crowdstrike-research-development-expenses/
CrowdStrike. "CrowdStrike's research and development (R&D) expenses from FY2017 to FY2024 (in million U.S. dollars)." Chart. March 7, 2024. Statista. Accessed November 20, 2024. https://www.statista.com/statistics/1177841/crowdstrike-research-development-expenses/
CrowdStrike. (2024). CrowdStrike's research and development (R&D) expenses from FY2017 to FY2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 20, 2024. https://www.statista.com/statistics/1177841/crowdstrike-research-development-expenses/
CrowdStrike. "Crowdstrike's Research and Development (R&d) Expenses from Fy2017 to Fy2024 (in Million U.S. Dollars)." Statista, Statista Inc., 7 Mar 2024, https://www.statista.com/statistics/1177841/crowdstrike-research-development-expenses/
CrowdStrike, CrowdStrike's research and development (R&D) expenses from FY2017 to FY2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1177841/crowdstrike-research-development-expenses/ (last visited November 20, 2024)
CrowdStrike's research and development (R&D) expenses from FY2017 to FY2024 (in million U.S. dollars) [Graph], CrowdStrike, March 7, 2024. [Online]. Available: https://www.statista.com/statistics/1177841/crowdstrike-research-development-expenses/
