What does a synergistic relationship in technology refer to?

A synergistic relationship in technology refers to the collaboration between multiple companies that leads to the creation of greater value than if they worked independently. This cooperation allows businesses to combine their strengths, resources, and expertise, resulting in innovative solutions and enhanced productivity. For example, two companies may join forces to develop a new technology, share research and development costs, or integrate their services for better customer offerings. The synergy helps them achieve outcomes that would be difficult or impossible to attain alone.

Other options describe different scenarios: isolation of companies does not contribute to shared benefits; competition can drive innovation but does not inherently create collaborative value; and the elimination of manual labor focuses more on the impact of technology on the workforce rather than on collaborative relationships. In contrast, the synergistic approach emphasizes harnessing collective strengths to advance technological development and business success.