The world’s largest research and development budget (R D) has ceased to be Volkswagen Group, but US company Amazon. This resulted in a study by Strategy , strategic advice of auditing and consulting group PwC, which is presented to German press agency. Thus, in investigation period, fiscal year until end of June 2017, Amazon wants to invest about 16.1 billion dollars in his research. In previous year re were 12.5.
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Volkswagen only reaches fifth place with around 12.1 billion dollars. In period before, it was still 12.5 billion dollars. According to study, Google Mor alphabet, Intel and Samsung also passed VW. “A look at this year’s top 3 is enough to illustrate supremacy of US digital giants on innovation issues,” said chief of Strategy , Peter Gassmann, in Europe.
In addition to VW, Daimler (6.9 billion dollars) has made it to number 16 only anor German company in international Top 20. “German digital companies are looking in vain,” said Gassmann. In view of massive US investment, Germany must “catch up urgently” in sector.
The second-placed alphabet invested 13.9 billion dollars, Intel and Samsung ever came to $12.7 billion. In terms of sales, internet and software giants made much more for research and development – Amazon came to 11.8 percent in so-called R D quota, Intel to 21.5 percent, pharmaceutical Merck with 25.4 percent to 8th place.
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However, amount of research expenditure is only limited to information about success of se investments. For Volkswagen, this has yet to be demonstrated, especially with regard to e-mobility. At opening of this year’s IAA, VW Group CEO Müller announced that Volkswagen intends to drive its investment in electromobility up to 2030 to 20 billion euros.
In comparison to German top 5 re was no movement. Volkswagen and Daimler Rank 3 Siemens (5.5 billion dollars). Bayer (4.9 billion dollars) and BMW (4.5 billion dollars) occupy seats 4 and 5.
With a total value of nearly 702 billion dollars, estimated R D expenditure of all 1,000 companies considered in study is reaching a new high. A year ago, it was still 680 billion dollars, which was also a record at time. The share of R D spending on global sales also reached a new peak of 4.5 percent.
