Wednesday 28 October 2015

Cloud Really Is the Future According to Latest R&D Spending Numbers

Large technology firms that offer enterprise cloud computing services are among the world’s biggest R&D spenders, according to a new PricewaterhouseCoopers LLC study.

Microsoft Corp., Google Inc. and Amazon.com Inc.AMZN +0.39%, Cisco Systems Inc.CSCO +0.34%, and Apple Inc. all ranked in the top 20 of firms worldwide for R&D spending last year. The study analyzed financial statements by 1,000 public companies across all industries that spent the most on R&D in the past fiscal year, as of June 30, 2015.

Microsoft ranked highest at No. 4, having spent $11.4 billion, putting it behind Intel Corp.INTC -0.35%, Samsung Electronics Co. and Volkswagen AGVOW.XE -2.60%.

Google and Amazon and Cisco all moved up in the rankings from last year. Apple Inc., which supports its own iCloud, broke into the Top 20 for the first time, reaching No. 18.

Together, the 1,000 biggest spenders identified by the study invested some $680 billion in R&D over the past year.

But companies in the computing and electronics, and software and Internet industries accounted for $242 billion, or about 35%, of that total, the study found. Spending by firms in the software and Internet industry alone grew by 27% over last year, far outpacing growth in any other industry. By contrast, spending by companies in industrials, the next biggest growth category, increased by just 8.9%.

Software and Internet firms have led other industries in spending gains for nine of the past 11 years, but that growth is accelerating – driven in part by the “advent of wider acceptance of the cloud,” said Barry Jaruzelski, principal with Strategy&, PwC’s global strategy consulting business.

Read More : http://blogs.wsj.com/cio/2015/10/27/cloud-really-is-the-future-according-to-latest-rd-spending-numbers/

No comments:

Post a Comment