SAP SE or Texas Instruments Incorporated: Who Invests More in Innovation?

Innovation Investment: SAP SE vs. Texas Instruments

In the ever-evolving tech landscape, innovation is the lifeblood of success. SAP SE and Texas Instruments Incorporated, two giants in their respective fields, have consistently invested in research and development (R&D) to stay ahead. From 2014 to 2023, SAP SE has shown a robust commitment to innovation, with R&D expenses growing by approximately 171%, peaking in 2023. In contrast, Texas Instruments has maintained a steady increase, with a 37% rise over the same period. Notably, SAP SE's R&D spending in 2023 was more than three times that of Texas Instruments, highlighting its aggressive push towards innovation. However, Texas Instruments' consistent growth trajectory suggests a strategic, albeit more conservative, approach. As we look to the future, these investment patterns may shape the competitive dynamics in the tech industry, with SAP SE leading the charge in innovation intensity.