Comparing Innovation Spending: Accenture plc and International Business Machines Corporation

Accenture vs. IBM: A Decade of R&D Spending

__timestampAccenture plcInternational Business Machines Corporation
Wednesday, January 1, 20146395130005437000000
Thursday, January 1, 20156255410005247000000
Friday, January 1, 20166434070005726000000
Sunday, January 1, 20177043170005590000000
Monday, January 1, 20187907790005379000000
Tuesday, January 1, 20197997340005910000000
Wednesday, January 1, 20208706110006262000000
Friday, January 1, 202111183200006488000000
Saturday, January 1, 202211232960006567000000
Sunday, January 1, 202312986570006775000000
Monday, January 1, 202411504300000
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Unlocking the unknown

Innovation Spending: A Tale of Two Giants

In the ever-evolving world of technology, innovation is the lifeblood of success. Accenture plc and International Business Machines Corporation (IBM) have long been at the forefront of this race. From 2014 to 2023, IBM consistently outspent Accenture on research and development (R&D), with IBM's R&D expenses peaking at approximately $6.8 billion in 2023, a staggering 420% more than Accenture's $1.3 billion in the same year. However, Accenture's R&D spending has shown a remarkable growth trajectory, increasing by over 100% from 2014 to 2023. This trend highlights Accenture's commitment to closing the innovation gap. Interestingly, 2024 data for IBM is missing, suggesting a potential shift or strategic change. As these two giants continue to innovate, their spending patterns offer a glimpse into their future strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025