Research and Development Expenses Breakdown: Infosys Limited vs Telefonaktiebolaget LM Ericsson (publ)

A Decade of Innovation: R&D Spending Trends

In the ever-evolving tech landscape, research and development (R&D) are pivotal for companies aiming to stay ahead. This chart highlights the R&D spending trends of two tech giants, Infosys Limited and Telefonaktiebolaget LM Ericsson (publ), from 2014 to 2023. Over this period, Ericsson consistently outspent Infosys, with its R&D expenses peaking at approximately $51.8 billion in 2023, marking a 43% increase from 2014. In contrast, Infosys's R&D spending grew by about 23%, reaching $135 million in 2023. This disparity underscores Ericsson's aggressive investment strategy in innovation, likely driven by its focus on telecommunications and 5G technology. Meanwhile, Infosys's steady growth reflects its strategic investments in software and IT services. As the tech industry continues to evolve, these spending patterns offer insights into each company's priorities and future directions.