Research and development costs of IBM

Research and development costs of IBM 2001-2021

Amounts are in millions.

2021: IBM spent $6,482 million on research and development in 2021 compared to $6,262 million in 2020.

Being a leading IT brand, IBM also spends a large sum each year on research and innovation. These sums are reflected in the annual reports as research, development and engineering expenses. The R&D costs of IBM came down to $5.4 Billion in fy 2018 from $5.6 Billion in fy 2017.

IBM is a leading Information technology brand that offers integrated solutions and products that leverage: data, information technology, deep expertise in industries and business processes. IBM solutions enable its clients to transform their businesses and engage their customers and employees in new ways. Its portfolio of solutions includes consulting and IT implementation services, cloud, digital and cognitive offerings, and enterprise systems and software. Its business is divided into the following product segments - Cognitive Solutions, Global Business Services, Technology services and cloud platforms, Systems and global financing. technology services and cloud platforms is the largest product segment accountibg for around 30% of the entire revenue of the brand.