Analyzing R&D Budgets: Cisco Systems, Inc. vs Infosys Limited

A Tale of Two Tech Giants: R&D Investments Over a Decade

In the ever-evolving tech landscape, research and development (R&D) are pivotal for innovation and staying ahead. This analysis juxtaposes the R&D spending of two industry titans: Cisco Systems, Inc. and Infosys Limited, from 2014 to 2023. Cisco, a leader in networking hardware, consistently allocated a significant portion of its budget to R&D, with a notable increase of approximately 27% over the decade, peaking at $7.98 billion in 2023. In contrast, Infosys, a global leader in consulting and IT services, demonstrated a more modest R&D investment, with a 23% increase, reaching $135 million in 2023. This disparity highlights the differing strategic priorities of these companies, with Cisco focusing heavily on technological innovation, while Infosys emphasizes service excellence. The data for 2024 is incomplete, reflecting the dynamic nature of financial reporting.