October 2016

Special Focus: Process Control and Information Systems

Use process knowledge management systems to accelerate innovation

The amount of stored digital data is doubling every two years, and the rate of data acquisition is close to exceeding our ability to process it and sort out what is valuable.

Hall, S., Process Systems Enterprise; Mahoney, P., Ambition Partner

The amount of stored digital data is doubling every two years, and the rate of data acquisition is close to exceeding our ability to process it and sort out what is valuable. In this scramble for information control, organizations are turning to knowledge management (KM) systems to retain their know-how and capture knowledge capital that has commercial value. Companies hope to promote and accelerate the further innovation that is required to maintain their market positions. KM is adopted by organizations to identify, capture, evaluate, retrieve and share knowledge assets, which can be documents, policies, procedures, databases and working software, among others. KM also includes capturing a

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