In 2022, R&D expenditure in the semiconductor industry was $58.8 Billion*

About 20 percent of that is spent on EDA**

References:

*https://www.semiconductors.org/wp-content/uploads/2023/08/SIA_State-of-Industry-Report_2023_Final_080323.pdf

**https://youtu.be/KmjefynCL_8?feature=shared

***https://blogs.sw.siemens.com/verificationhorizons/2022/12/12/part-8-the-2022-wilson-research-group-functional-verification-study/

A majority of the design cycle is spent in Verification***

VeriFire reduces EDA & Verification cost dramatically.

Check out our VeriFire Page to learn how