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

IBM vs. PTC: A Decade of Innovation Investment

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Unveiling the hidden dimensions of data

Innovation Investment: IBM vs. PTC

In the ever-evolving tech landscape, innovation is the lifeblood of progress. Over the past decade, International Business Machines Corporation (IBM) and PTC Inc. have been at the forefront of this innovation race. From 2014 to 2023, IBM consistently outpaced PTC in research and development (R&D) investments, with IBM's R&D expenses peaking at approximately 6.8 billion USD in 2023, a staggering 17 times more than PTC's 394 million USD in the same year.

While IBM's R&D spending grew by about 25% over the decade, PTC's investment increased by nearly 74%, reflecting its aggressive push towards innovation. However, the data for 2024 shows a missing value for IBM, indicating a potential shift or reporting anomaly. This trend highlights the dynamic nature of tech investments and the strategic decisions companies make to stay ahead in the competitive market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025