Research and Development Investment: Intuit Inc. vs Infosys Limited

A Decade of Innovation: Intuit Inc. vs Infosys Limited

In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Intuit Inc. and Infosys Limited have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2023, Intuit Inc. has consistently increased its R&D spending, growing by over 230%, from approximately $758 million to $2.54 billion. This robust investment underscores Intuit's commitment to maintaining its competitive edge in financial software solutions. In contrast, Infosys Limited's R&D spending has been relatively stable, with a modest increase of around 22% over the same period. This difference highlights the distinct approaches of a product-centric company like Intuit versus a service-oriented giant like Infosys. Notably, the data for 2024 is incomplete, reflecting the dynamic nature of financial reporting. As these tech titans continue to innovate, their R&D strategies will be crucial in shaping their future trajectories.