R&D Investment Trends: SAP SE vs. Workday, Inc.

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, SAP SE and Workday, Inc. have demonstrated contrasting strategies in their R&D investments.

SAP SE's Steady Growth

From 2014 to 2023, SAP SE's R&D expenses surged by approximately 171%, reflecting a robust commitment to maintaining its competitive edge. Notably, SAP's R&D spending peaked in 2023, with a 3% increase from the previous year, underscoring its focus on innovation.

Workday, Inc.'s Rapid Expansion

Workday, Inc., on the other hand, exhibited a remarkable 1,150% increase in R&D expenses over the same period. This aggressive investment strategy highlights Workday's ambition to expand its market presence and enhance its product offerings.

Missing Data for 2024

While SAP's data for 2024 is unavailable, Workday's continued growth trajectory is evident, with a projected 8% increase in R&D spending.