Salesforce, Inc. or QUALCOMM Incorporated: Who Invests More in Innovation?

Innovation Investment: Salesforce vs. QUALCOMM

In the ever-evolving tech landscape, innovation is the key to staying ahead. Over the past decade, Salesforce, Inc. and QUALCOMM Incorporated have been at the forefront of this race, investing heavily in research and development (R&D). From 2014 to 2024, QUALCOMM consistently outpaced Salesforce in R&D spending, with an average annual investment of approximately $6.5 billion, compared to Salesforce's $2.5 billion.

A Decade of Growth

QUALCOMM's R&D expenses surged by 62% from 2014 to 2024, peaking at nearly $8.9 billion in 2024. Meanwhile, Salesforce's investment grew by an impressive 687%, reaching over $5 billion in 2023. This growth underscores Salesforce's commitment to innovation, despite starting from a lower base.

The Future of Innovation

As both companies continue to expand their R&D budgets, the tech industry can expect groundbreaking advancements that will shape the future of technology.