Research and Development Expenses Breakdown: Intel Corporation vs Workday, Inc.

A Decade of Innovation: Intel vs. Workday in R&D Investment

In the ever-evolving tech landscape, research and development (R&D) are pivotal for innovation and growth. Over the past decade, Intel Corporation and Workday, Inc. have demonstrated contrasting strategies in their R&D investments. From 2014 to 2023, Intel's R&D expenses have shown a steady increase, peaking in 2022 with a 52% rise from 2014. This reflects Intel's commitment to maintaining its leadership in semiconductor technology. In contrast, Workday, Inc., a cloud-based software provider, has seen a staggering 1,200% increase in R&D spending over the same period, highlighting its aggressive push to enhance its software offerings. Notably, Workday's R&D expenses in 2023 were approximately 14% of Intel's, showcasing the scale difference between the two giants. However, Workday's rapid growth trajectory underscores its ambition to compete with larger players. Missing data for 2024 suggests ongoing developments, keeping the tech world on its toes.