International Business Machines Corporation or Gen Digital Inc.: Who Invests More in Innovation?

IBM vs. Gen Digital: A Decade of Innovation Investment

__timestampGen Digital Inc.International Business Machines Corporation
Wednesday, January 1, 201410380000005437000000
Thursday, January 1, 201511440000005247000000
Friday, January 1, 20167480000005726000000
Sunday, January 1, 20178230000005590000000
Monday, January 1, 20189570000005379000000
Tuesday, January 1, 20199130000005910000000
Wednesday, January 1, 20203280000006262000000
Friday, January 1, 20212670000006488000000
Saturday, January 1, 20222530000006567000000
Sunday, January 1, 20233130000006775000000
Monday, January 1, 20243320000000
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Who Leads in Innovation: IBM or Gen Digital?

In the ever-evolving tech landscape, innovation is the key to staying ahead. Over the past decade, International Business Machines Corporation (IBM) has consistently outpaced Gen Digital Inc. in research and development (R&D) investments. From 2014 to 2023, IBM's R&D expenses averaged around $5.4 billion annually, dwarfing Gen Digital's average of $647 million. This represents IBM investing nearly 8.4 times more in innovation than Gen Digital.

IBM's commitment to innovation is evident, with its R&D spending peaking at $6.8 billion in 2023, a 25% increase from 2014. In contrast, Gen Digital's R&D expenses have seen a decline, dropping by 70% from 2014 to 2023. This disparity highlights IBM's strategic focus on maintaining its competitive edge through technological advancements.

As we look to the future, the question remains: will Gen Digital ramp up its innovation efforts to close the gap, or will IBM continue to dominate the innovation landscape?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025