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#What is synergy software#

Some of the others make no sense at all, e.g. However, as said above, it’s often used as a buzz word in an attempt to apply science to business or other relationships. It’s supposed to mean………….The whole is greater than the sum of its parts or…….more than, or different than the sum of its parts.

The Letter "Z" Will Be Removed from the English Alphabetĥ Responses to “What, Exactly, Is Synergy?”.

Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below: Some possible alternatives to synergy and synergetic: Lehman admits that-theoretically-the usage makes sense in a business context, but points out that the concept is flawed because the mergers that are supposed to result in synergy “seldom go according to plan” and “that is surely why you hear the word only in the business news, among executives and mouthpieces for whom hope springs eternal.” I agree with David Lehman who comments in the Oxford American Writer’s Thesaurus as to the ineffectiveness of the word synergy in the context of business mergers: “Some words don’t work. Synergy registers on the Ngram Viewer in 1827, but doesn’t make much of a showing until the 1960s. In the 19th century, synergy acquired a use in physiology to refer to the interaction of body parts, such as “the relation of action between the glottis and the muscles.”Ī writer in 1917 finds synergy an apt term to describe the way that the presence of two ions “in some way increases the action of both.” In a 2008 citation, the word synergy is used in the context of drug interactions: “Very little is known about how the evolution of resistance is affected by the nature of the interactions-synergy or antagonism-between drugs.” Spelled synergie in the earliest OED citation (1632), the word referred to the cooperation between human will and divine grace: “In the virtue of which synergy and co-partnership with Christ and with God, as he saves, so we save as he forgives sins, so we forgive them.” Although in some contexts, synergy conveys a specific meaning, in the jargon of business, the closest definition is, “an as-yet unknown result that we hope will prove profitable.” Notice that in every one of these quotations, the noun synergy is preceded by the verb expect.

We expect synergy to be made from the collaboration of the two stylish fashion icons, both of which are aimed at younger generations.”Įczacibasi and Burgbad expect synergy potential in the areas of international sales and distribution as well as innovation management. We have no plans at this time to sell the business. The integration of the two companies is currently expected to generate synergy savings of $225 million in fiscal 2015 and more than $500 million by fiscal 2017.Īlso expect synergy between film and gaming studios, with game tie-ins accompanying the theatrical and DVD release of movies.Ĭonsidering the future of the semiconductor industry, we can expect synergy effects for that business. This is how the word is used in corporate-speak:

Synergy (something to do with using iTunes) Synergy Realty Group (real estate agency) Synergy Sport Tech (Fantasy Basketball App)

#What is synergy software#

Synergy Software (makers of a graphing and analysis program) Synergy is so popular online that it brings up 50,500,000 results. Now it is common in corporate-speak and popular as a brand name for various businesses and products. Until the late 1950s, the term was probably most commonly seen in a scientific context to describe the interaction of organs or nerves. Synergy may be defined as “increased effectiveness, achievement, etc., produced as a result of combined action or co-operation.” We would categorize operating synergies into four types.What, Exactly, Is Synergy? By Maeve Maddox Operating synergies are those synergies that allow firms to increase their operating income from existing assets, increase growth, or both.

They sometimes show up as higher cash flows and sometimes take the form of lower discount rates. Financial synergies, in contrast, are more focused and include tax benefits, diversification, a higher debt capacity, and uses for excess cash. They generally show up as higher expected cash flows. Operating synergies affect the operations of the combined firm and include economies of scale, increased pricing power, and higher growth potential. In this section, we consider the potential sources of synergy and categorize them into two groups. It is the most widely used and misused rationale in mergers and acquisitions. Synergy is the additional value that is generated by combining two firms, creating opportunities that would not have been available to these firms operating independently.