On How Big Data Revolutionizes Knowledge Management

Asha Thomas and Meenu Chopra
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Asha Thomas: Jagan Institute of Management Studies
Meenu Chopra: Delhi Technological University

Chapter Chapter 3 in Digital Transformation in Business and Society, 2020, pp 39-60 from Springer

Abstract: Abstract Employees are an asset for any organization. As the employees are the possessors and the processors of the knowledge that is circulated within an organization, the decisions made by them can lead to the success of the organization, especially when they are made with accuracy and meticulousness. Knowledge management (KM) is instrumental in fostering the symbiosis of tacit and explicit knowledge in a business, which can be used to make valuable decisions for ensuring the success of the organization. These decisions are extremely significant when it comes to tiding over crises through strategizing and reinventing. Big data can serve to scrutinize, organize, and arrange the colossal amount of available data present in the form of knowledge in order to filter out the best and most valuable information, thus giving the organization a competitive edge. The present chapter aims to understand the relationship between big data and KM, and also how big data can serve as an enabler for effective KM.

Keywords: Big data; Knowledge management; Technology (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-08277-2_3

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DOI: 10.1007/978-3-030-08277-2_3

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