Cadence Design Systems Inc (Cadence) is a provider of electronic system design software and intellectual property. It develops and delivers software and hardware for designing integrated circuits, system on chip (SoC) and printed circuit boards. The company also develops computational, AI-driven software, accelerated hardware, and intellectual property (IP) solutions for engineers and scientists.

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Cadence R&D initiatives arm focuses on research and development aligned with its product categories to adapt current offerings and develop new solutions for each successive process node and larger, more complex designs. The company strives to address emerging physics challenges and to meet customer requirements for performance, productivity, quality, and predictability while keeping pace with technical developments and industry standards. It plans to continue making significant R&D investments to support ongoing product updates and commercialization of newly developed solutions. Cadence focuses on system-level innovation by applying AI-driven computational methods to multiphysics analysis of systems that include electronic devices, such as PCBs, advanced packaging, and 3D-ICs. The company aims to enable verification of product behavior under different physical conditions and to support optimization of power, performance, and area while reducing design cycle time. It strives to protect proprietary technology through patents, copyrights, trademarks, and trade secrets and to manage reliance on third-party licensed software and IP, including for engineering services work. In FY2025, the company incurred an expenditure of US$1,768.8 million on its R&D activities, which as a percentage of revenue stood at 33.3%.