Research and Development Investment: Accenture plc vs HP Inc.

A Decade of Innovation: Accenture plc vs HP Inc.

In the ever-evolving landscape of technology, research and development (R&D) investments are pivotal for companies striving to maintain a competitive edge. Over the past decade, Accenture plc and HP Inc. have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2024, Accenture's R&D spending surged by approximately 80%, reflecting its commitment to innovation and digital transformation. In contrast, HP Inc.'s R&D investment, while substantial, showed a more modest increase of around 37% over the same period.

Key Insights

• Accenture's Growth: Starting at 64% of HP's R&D expenses in 2014, Accenture closed the gap significantly by 2023, reaching 79% of HP's spending.
• HP's Consistency: Despite fluctuations, HP maintained a steady investment, peaking in 2014 with a notable 3.4 billion USD.

These trends underscore the strategic priorities of each company, with Accenture focusing on rapid growth and HP on sustaining its technological prowess.