Investigating trends at the world’s 1000 largest corporate R&D spenders.
Decline in R&D allocated to product offerings
Difference in software R&D allocation between high and low performers
Growth in global R&D spending
Healthcare passes Computing and Electronics in R&D spending
Most of the world’s major innovators are in the midst of the same transformational journey.
They are moving into a new world in which R&D is shifting more and more to developing the software that enables and enhances the performance of their products, and on developing services they can sell along with the products, which provide customers with additional features and improved usability.
Global key findings
Software and Performance
Global Innovation 1000
Average allocation of R&D budgets to product offerings will decline by 19% from 46% in 2010 to 37% by 2020.