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On How Big Data Revolutionizes Knowledge Management

In: Digital Transformation in Business and Society

Author

Listed:
  • Asha Thomas

    (Jagan Institute of Management Studies)

  • Meenu Chopra

    (Delhi Technological University)

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.

Suggested Citation

  • Asha Thomas & Meenu Chopra, 2020. "On How Big Data Revolutionizes Knowledge Management," Springer Books, in: Babu George & Justin Paul (ed.), Digital Transformation in Business and Society, chapter 0, pages 39-60, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-08277-2_3
    DOI: 10.1007/978-3-030-08277-2_3
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