Who Prioritizes Innovation? R&D Spending Compared for Infosys Limited and Manhattan Associates, Inc.

Innovation in Focus: A Comparative Analysis of R&D Spending

In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Infosys Limited and Manhattan Associates, Inc. have demonstrated varying levels of investment in R&D, reflecting their strategic priorities.

From 2014 to 2023, Infosys consistently allocated a significant portion of its resources to R&D, with expenditures peaking in 2023 at approximately 135 million USD. This represents a 23% increase from its 2014 spending. Meanwhile, Manhattan Associates, Inc. has shown a remarkable upward trend, with R&D spending surging by 181% over the same period, reaching nearly 127 million USD in 2023.

This data highlights a strategic shift in Manhattan Associates, Inc., as it intensifies its focus on innovation, closing the gap with Infosys. The absence of data for Infosys in 2024 suggests a potential shift or reevaluation in their R&D strategy.