Cloud-based solutions have the capability to provide KM services for enhancing the competitive advantage, share price, market share, productivity, response time, profitability, and decision making of the organization.
This process involves providing right knowledge to the appropriate person at the required time. It implies ensuring those initiatives that are supported and accepted by organisational members, creation of processes for successful organisational functions, understanding of the forms of existence of knowledge and where it exists, and also forming strong ties with the corporate strategy.
Knowledge Management doesn’t solely include the creation of new knowledge, but also refinement, storage, and sharing of knowledge. The sole objective of Knowledge Management is to refine, improve, and leverage the knowledge assets and firm’s competencies to meet organizational targets and goals.
Due to the widespread popularity and recent advancements in the IT sector, cloud-based technology is widely used for knowledge sharing. The most significant advantage of cloud-based solutions built on platforms such as SalesForce, Force.com, and Tableau is that it is utilized all through the organization. To keep up with the ever-growing technological developments, it is becoming increasingly important for businesses to modernize and re-evaluate their strategies for Knowledge Management. Control and supervision of content are getting complicated day by day along with the licensing costs that are sky high, and all this is because of a wide range of content and knowledge within organisations.
The sole solution to these complications is the implementation of cloud-based CRM solutions to satisfy the needs of the organization.
When you employ cloud-based KM system, you will reap following benefits:
Knowledge Management or KM increases the level of employee involvement, commitment, flexibility, and operational efficiency.
Cloud-based solutions have the capability to provide KM services for enhancing the competitive advantage, share price, market share, productivity, response time, profitability, and decision making of the organisation. Hence, Cloud-based solutions are the modern day tools that assist greatly in knowledge management efforts of an organisation. All management issues can be easily tackled with the help of our big data analytics built on SalesForce, Tableau, and through cloud computing offered by dQuotient.