Infosys Limited vs Workday, Inc.: Strategic Focus on R&D Spending

Strategic Focus on R&D: Infosys Limited vs Workday, Inc.

In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. From 2014 to 2023, Workday, Inc. has consistently outpaced Infosys Limited in R&D investment, reflecting a strategic focus on developing cutting-edge solutions. Workday's R&D expenses surged by over 1,100% during this period, reaching a peak of approximately $2.27 billion in 2023. In contrast, Infosys's R&D spending grew by a modest 23%, peaking at around $135 million in the same year.

This disparity highlights Workday's aggressive push towards innovation, likely contributing to its competitive edge in the cloud-based enterprise software market. Meanwhile, Infosys's steady investment suggests a more conservative approach, possibly focusing on incremental improvements. As we look to the future, the absence of data for Infosys in 2024 raises questions about its ongoing R&D strategy.