Software-as-a-Catalyst: The 2016 Global Innovation 1000 Study
The race for differentiation in the digital age is on, which includes internet-enabling products. That requires software – causing many companies to adjust R&D budgets to include software development to enhance product performance, and developing services that can be sold along with their products.
43% — The increase in the proportion of R&D dollars allocated to software since 2010.
This issue of IT Foresight features Software-as-a-Catalyst: The 2016 Global Innovation 1000 Study, our 12th annual survey of R&D spending and innovation performance. This year’s edition looks closely at how software and services are transforming the innovation strategies in virtually every industry — even as innovation spending among the top 1000 companies in our study was flat in the past year.