Knowledge management (KM) initiatives within organizations are substantially increased by promoting a KM culture that makes employees perceive knowledge sharing as a productive process.
New analysis from Frost & Sullivan (www.ITfrost.com) India Knowledge Management Software and Services Markets, reveals that revenues in this industry totaled $22.7 million in 2002 and are projected to reach $54.2 million by 2007. "Indian companies face the daunting task of developing strategies that would lead to knowledge capture, discovery, and sharing since traditionally employees work in groups where tacit knowledge is only leveraged for a specific task," says Frost & Sullivan Research Analyst Amit Phatak.
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