Intel Corporation vs Fortive Corporation: Strategic Focus on R&D Spending

Strategic Focus on R&D: Intel vs. Fortive

In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Intel Corporation has consistently outpaced Fortive Corporation in R&D investment. From 2014 to 2023, Intel's R&D expenses surged by approximately 39%, peaking in 2022 with a staggering $17.5 billion. In contrast, Fortive's R&D spending remained relatively stable, with a modest increase of around 3% over the same period. This disparity highlights Intel's aggressive strategy to maintain its competitive edge in the semiconductor industry. Meanwhile, Fortive's steady investment reflects its focus on sustaining growth in its diversified industrial technology portfolio. As we look to the future, these spending patterns may shape the trajectory of both companies, influencing their ability to innovate and capture market share.