Research and Development: Comparing Key Metrics for Accenture plc and Fortive Corporation

Accenture vs. Fortive: A Decade of R&D Investment Trends

__timestampAccenture plcFortive Corporation
Wednesday, January 1, 2014639513000387600000
Thursday, January 1, 2015625541000377700000
Friday, January 1, 2016643407000384800000
Sunday, January 1, 2017704317000406000000
Monday, January 1, 2018790779000414300000
Tuesday, January 1, 2019799734000456700000
Wednesday, January 1, 2020870611000320700000
Friday, January 1, 20211118320000354800000
Saturday, January 1, 20221123296000401500000
Sunday, January 1, 20231298657000397800000
Monday, January 1, 20241150430000414000000
Loading chart...

Data in motion

A Decade of Innovation: R&D Spending Trends in Accenture and Fortive

In the ever-evolving landscape of technology and innovation, research and development (R&D) spending is a critical indicator of a company's commitment to future growth. Over the past decade, Accenture plc has consistently outpaced Fortive Corporation in R&D investments. From 2014 to 2023, Accenture's R&D expenses surged by over 100%, peaking in 2023 with a remarkable 1.3 billion USD. This reflects Accenture's strategic focus on innovation and digital transformation.

In contrast, Fortive's R&D spending has shown a more modest growth, with a peak in 2019 and a slight decline thereafter. The data for 2024 is incomplete, highlighting the need for continuous monitoring of these trends. As the tech industry continues to expand, understanding these R&D dynamics offers valuable insights into the competitive strategies of leading firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025