R&D Spending Showdown: QUALCOMM Incorporated vs SS&C Technologies Holdings, Inc.

Tech Giants' R&D Spending: QUALCOMM vs. SS&C Technologies

__timestampQUALCOMM IncorporatedSS&C Technologies Holdings, Inc.
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In pursuit of knowledge

R&D Spending: A Tale of Two Tech Giants

In the ever-evolving world of technology, research and development (R&D) is the lifeblood of innovation. Over the past decade, QUALCOMM Incorporated and SS&C Technologies Holdings, Inc. have showcased contrasting approaches to R&D investment. From 2014 to 2023, QUALCOMM's R&D spending surged by approximately 62%, peaking at nearly $8.9 billion in 2023. This reflects QUALCOMM's commitment to maintaining its leadership in wireless technology and semiconductors.

Conversely, SS&C Technologies, a leader in financial services software, has seen its R&D expenses grow by over 700% during the same period, reaching around $474 million in 2023. While their absolute spending is dwarfed by QUALCOMM, SS&C's growth rate underscores its strategic focus on innovation to enhance its software offerings.

This R&D showdown highlights the diverse strategies of these tech titans, each carving its path in the competitive landscape of technological advancement.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025