Knowledge management system: Definition and examples

Innovation requires the effective sharing of information and knowledge within an organization. Implementing a knowledge management system is crucial to store and retrieve knowledge for quick access and distribution. This article explains the benefits of a knowledge management system, such as better decision-making, quick access to information, increased collaboration and idea generation, improved quality of information and data, and security of intellectual property. Additionally, it provides examples of knowledge management systems including document management systems, content management systems, databases, and innovation software.