Strategic R&D Investments: SAP SE vs. Analog Devices, Inc.

In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, SAP SE and Analog Devices, Inc. have demonstrated distinct strategies in their R&D investments. From 2014 to 2023, SAP SE consistently outpaced Analog Devices, Inc., with R&D expenses growing by approximately 171%, peaking at over $6.3 billion in 2023. In contrast, Analog Devices, Inc. saw a 197% increase, reaching nearly $1.7 billion in 2022, before a slight dip in 2023.

This trend underscores SAP SE's robust focus on maintaining its leadership in enterprise software, while Analog Devices, Inc. strategically enhances its semiconductor solutions. Notably, 2024 data for SAP SE is missing, suggesting a potential shift or recalibration in their R&D strategy. As these tech giants continue to innovate, their R&D investments will be pivotal in shaping future technological advancements.