R&D Insights: How Oracle Corporation and Garmin Ltd. Allocate Funds

R&D Spending: A Tale of Two Giants

In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. Oracle Corporation and Garmin Ltd. exemplify this commitment, albeit on different scales. Over the past decade, Oracle has consistently invested heavily in R&D, with expenditures peaking at approximately $9.4 billion in 2023, marking a 53% increase from 2014. This robust investment underscores Oracle's dedication to maintaining its competitive edge in the software industry.
Garmin Ltd., a leader in GPS technology, has also shown a steady increase in R&D spending, growing by 129% from 2014 to 2023. Despite its smaller scale compared to Oracle, Garmin's strategic investments highlight its focus on innovation and product development. Notably, the data for 2024 is incomplete, suggesting a potential shift or continuation in these trends. As these companies forge ahead, their R&D strategies will be pivotal in shaping their future trajectories.