Who Prioritizes Innovation? R&D Spending Compared for Broadcom Inc. and Salesforce, Inc.

Innovation Race: Broadcom vs. Salesforce

In the ever-evolving tech landscape, innovation is the key to staying ahead. Broadcom Inc. and Salesforce, Inc. have been at the forefront of this race, investing heavily in research and development (R&D) over the past decade. Since 2014, Broadcom has consistently outpaced Salesforce in R&D spending, with a notable surge in 2024, where its investment nearly doubled from the previous year. This represents a staggering 77% increase, highlighting Broadcom's commitment to innovation. Meanwhile, Salesforce has shown a steady increase in its R&D budget, peaking in 2023 with a 710% growth since 2014. This strategic investment underscores Salesforce's dedication to enhancing its cloud-based solutions. As these tech giants continue to prioritize R&D, their innovations will likely shape the future of technology, offering exciting possibilities for businesses and consumers alike.