R&D Spending Showdown: Infosys Limited vs Nokia Oyj

R&D Spending: A Tale of Two Giants

In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Nokia Oyj and Infosys Limited have showcased contrasting strategies in their R&D investments.

Nokia's Dominance

From 2014 to 2023, Nokia's R&D expenses have consistently dwarfed those of Infosys, with Nokia investing nearly 40 times more on average. This substantial investment underscores Nokia's focus on maintaining its competitive edge in telecommunications and technology. Notably, Nokia's R&D spending peaked in 2017, reaching a staggering 4.9 billion, reflecting its aggressive push in 5G technology.

Infosys' Steady Growth

Infosys, on the other hand, has shown a steady increase in R&D spending, with a notable 90% growth from 2014 to 2023. This gradual rise highlights Infosys' strategic focus on enhancing its software and IT services, ensuring it remains a formidable player in the global market.