In 2023, IBM spent 6.78 billion U.S. dollars on research, development, and engineering. One of the most prolific research companies in existence, IBM is one of the companies with the most patents granted to them in the United States. Even though the American company is granted thousands of patents each year, IBM is still challenged to continuously develop innovative products and services in a quickly changing technology industry. Much of IBM’s projects in development are related to hybrid cloud solutions, AI, blockchain, and quantum computing.
IBM research, development, and engineering expenditure worldwide from 2005 to 2023
(in billion U.S. dollars)
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IBM. (January 24, 2024). IBM research, development, and engineering expenditure worldwide from 2005 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/
IBM. "IBM research, development, and engineering expenditure worldwide from 2005 to 2023 (in billion U.S. dollars)." Chart. January 24, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/
IBM. (2024). IBM research, development, and engineering expenditure worldwide from 2005 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/
IBM. "Ibm Research, Development, and Engineering Expenditure Worldwide from 2005 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Jan 2024, https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/
IBM, IBM research, development, and engineering expenditure worldwide from 2005 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/ (last visited November 03, 2024)
IBM research, development, and engineering expenditure worldwide from 2005 to 2023 (in billion U.S. dollars) [Graph], IBM, January 24, 2024. [Online]. Available: https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/
