Salesforce, Inc. or Dell Technologies Inc.: Who Invests More in Innovation?

Innovation Investment: Salesforce vs. Dell Technologies

In the ever-evolving tech landscape, innovation is the key to staying ahead. Salesforce, Inc. and Dell Technologies Inc. are two giants that have consistently invested in research and development (R&D) to maintain their competitive edge. Over the past decade, Salesforce has shown a remarkable upward trend in R&D spending, increasing its investment by over 700% from 2014 to 2023. In contrast, Dell Technologies, while also increasing its R&D budget, has seen a more modest growth of around 120% during the same period.

By 2023, Salesforce's R&D expenses reached approximately 5 billion dollars, surpassing Dell's 2.8 billion dollars. This significant difference highlights Salesforce's aggressive push towards innovation, particularly in cloud computing and customer relationship management solutions. As the tech industry continues to evolve, these investments will likely play a crucial role in shaping the future of both companies.