Research and Development: Comparing Key Metrics for Infosys Limited and Fortinet, Inc.

A Decade of Innovation: R&D Spending Trends in Tech Giants

In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. Over the past decade, Fortinet, Inc. and Infosys Limited have demonstrated contrasting R&D investment strategies. From 2014 to 2023, Fortinet's R&D expenses surged by nearly 400%, reflecting its aggressive push to stay ahead in cybersecurity. In contrast, Infosys, a leader in IT services, maintained a steady R&D growth of around 23%, focusing on incremental innovation.

Fortinet's R&D spending peaked in 2023, reaching over five times its 2014 level, underscoring its commitment to cutting-edge technology. Meanwhile, Infosys's R&D expenses showed a consistent upward trend, with a notable dip in 2021, possibly due to strategic reallocations. These trends highlight the diverse approaches companies take to foster innovation, with Fortinet prioritizing rapid advancements and Infosys focusing on sustainable growth.