R&D Insights: How Infosys Limited and Pure Storage, Inc. Allocate Funds

R&D Spending: A Tale of Two Innovators

In the ever-evolving tech landscape, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Infosys Limited and Pure Storage, Inc. exemplify contrasting strategies in this realm. From 2014 to 2023, Infosys consistently allocated around 11% of its annual budget to R&D, with a notable dip in 2021. In contrast, Pure Storage's R&D investment surged by over 1,900% during the same period, reflecting its aggressive growth strategy.

A Decade of Innovation

Infosys, a stalwart in the IT services sector, maintained steady R&D investments, peaking in 2023. Meanwhile, Pure Storage, a data storage disruptor, dramatically increased its R&D spending, reaching a high in 2024. This divergence highlights the different paths companies take to foster innovation. As we look to the future, these trends offer valuable insights into how established firms and emerging players prioritize R&D to stay competitive.