Massive Amounts Being Spent on KM (Knowledge Management) Apps

September 27, 2007 from CIO Update – “The magic number this year is $73 billion. That’s what U.S. companies are going to spend by year’s end on KM software this year. And more will be spent next year. Why? Because many companies are going to great lengths to capture and utilize the vast amounts of unstructured information that is flowing through, and around them. KM is a vast, catch-all phrase that encompasses all kinds of software from portals to search engines to content management systems. It also encompasses the software needed to deal with compliance and ediscovery efforts. This is why the numbers are so big.

180 View – In the Information Age, knowledge is power.