Research and Development: Comparing Key Metrics for SAP SE and ON Semiconductor Corporation

A Decade of Innovation: SAP SE vs. ON Semiconductor Corporation

In the ever-evolving landscape of technology, research and development (R&D) is the lifeblood of innovation. Over the past decade, SAP SE and ON Semiconductor Corporation have demonstrated contrasting yet fascinating trajectories in their R&D investments. From 2014 to 2023, SAP SE consistently outpaced ON Semiconductor, with R&D expenses growing by approximately 171%, peaking at over 6.3 billion in 2023. This reflects SAP's commitment to maintaining its leadership in enterprise software solutions.

Conversely, ON Semiconductor's R&D spending increased by about 58% during the same period, reaching its zenith in 2021. This growth underscores the company's strategic focus on advancing semiconductor technologies. Despite the disparity in absolute figures, both companies have shown a steadfast dedication to innovation, adapting to the dynamic demands of their respective industries. As we look to the future, these investments will likely continue to shape the technological landscape.