Research and Development Investment: Marvell Technology, Inc. vs Manhattan Associates, Inc.

A Decade of Innovation: R&D Investments in Tech Giants

In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Marvell Technology, Inc. and Manhattan Associates, Inc. have demonstrated contrasting R&D strategies. Marvell Technology, a leader in semiconductor solutions, has consistently increased its R&D spending, peaking at nearly $1.9 billion in 2024, a 64% rise from 2014. This robust investment underscores Marvell's commitment to staying at the forefront of technological advancements.

Conversely, Manhattan Associates, a supply chain and omnichannel solutions provider, has shown a more modest growth in R&D expenditure. From 2014 to 2023, their investment grew by approximately 160%, reaching $127 million. This strategic allocation reflects their focus on enhancing software solutions and maintaining competitive edge.

The data highlights the diverse approaches these companies take towards innovation, with Marvell's aggressive investment contrasting with Manhattan's steady growth.