Who Prioritizes Innovation? R&D Spending Compared for International Business Machines Corporation and Fair Isaac Corporation

Comparing R&D priorities: IBM vs. FICO over a decade

__timestampFair Isaac CorporationInternational Business Machines Corporation
Wednesday, January 1, 2014834350005437000000
Thursday, January 1, 2015988240005247000000
Friday, January 1, 20161036690005726000000
Sunday, January 1, 20171108700005590000000
Monday, January 1, 20181283830005379000000
Tuesday, January 1, 20191494780005910000000
Wednesday, January 1, 20201664990006262000000
Friday, January 1, 20211712310006488000000
Saturday, January 1, 20221467580006567000000
Sunday, January 1, 20231599500006775000000
Monday, January 1, 20241719400000
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Cracking the code

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 key indicator of a company's commitment to innovation. Over the past decade, International Business Machines Corporation (IBM) and Fair Isaac Corporation (FICO) have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, IBM consistently allocated a significant portion of its resources to R&D, with expenditures peaking at approximately $6.8 billion in 2023. This represents a steady increase of around 25% from 2014. In contrast, FICO's R&D spending, while growing, remains a fraction of IBM's, reaching about $172 million in 2024, marking a 106% increase since 2014. This disparity highlights IBM's robust focus on innovation, while FICO's growth trajectory suggests a strategic scaling of its R&D efforts. Notably, IBM's data for 2024 is missing, indicating a potential shift or reevaluation in their R&D strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025