R&D Insights: How Broadcom Inc. and Manhattan Associates, Inc. Allocate Funds

R&D Spending: A Tale of Two Companies

In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. Broadcom Inc. and Manhattan Associates, Inc. exemplify contrasting approaches to R&D investment. Over the past decade, Broadcom has consistently ramped up its R&D spending, culminating in a staggering 1,240% increase from 2014 to 2023. This aggressive investment strategy underscores Broadcom's commitment to maintaining its competitive edge in the semiconductor industry.

Conversely, Manhattan Associates, a leader in supply chain solutions, has adopted a more measured approach. Their R&D expenses have grown by approximately 160% over the same period, reflecting a steady commitment to innovation without the dramatic spikes seen in Broadcom's strategy.

While Broadcom's 2024 data remains incomplete, the trend suggests a continued focus on R&D. These insights highlight the diverse strategies companies employ to drive growth and innovation.