lill janglas's Profile
Hi Reinaldo! I didn’t realize how dominate Intuit has been until your reference as them being the “Tom Brady of their industry”. Thanks for that great reference!
On a more serious note, I’m pretty shocked by the statistic that their R&D spend is 25% of their operating expenses. That sounds pretty high and I wonder how they efficiently deploy such a large amount of capital towards research. Besides the network effects, I would not guess their products’ competitive advantages to be defensible, so a high R&D spend must be necessary to remain relevant.
Thanks for sharing, Megan! I thought it was interesting that you included that IKEA partnered with JDA solutions in order to undergo its technology supply chain upgrade for its food division. As large incumbents, such as IKEA, figure out the best ways to use digital innovation to their advantage, I wonder which between the build, borrow or buy options will prove most valuable for these companies. In this case, IKEA choose to borrow expertise from JDA and it proved fruitful for them.