What Is Synergy Definition?

Synergy is an interaction or cooperation giving rise to a whole that is greater than the simple sum of its parts. The term synergy comes from the Attic Greek word συνεργία synergia from synergos, συνεργός, meaning "working together".

What does synergy mean?

Synergy is the concept that the combined value and performance of two companies will be greater than the sum of the separate individual parts. ... Synergy, or the potential financial benefit achieved through the combining of companies, is often a driving force behind a merger.

What is synergy with example?

A synergy exists when the whole accomplishes more than the sum of its parts, which is mathematically represented by the equation 2 + 2 = 5. ... Examples of synergies in the business world include business mergers, combining or creating compatible product lines, and creating cross-disciplinary work groups.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.