Knowledge Management in the Cloud Computing Model - Challenges, Opportunities and Risks

Abstract

With the increasing globalisation, the models for running business are changing as well, thus increasing the need for innovative knowledge management. This is facilitated by the development of information and communication technologies, which are the basis of numerous innovative solutions in the field of knowledge management. This article draws attention to the current trend in the area of IT management associated with the emergence and greater use of cloud computing. The article is an attempt to assess the impact of cloud computing on the key areas of knowledge management. It presents the challenges faced by organisations which place the emphasis on improving their competitive position, the possible positive consequences of the implementation of cloud solutions, as well as risks stemming from the use of clouds in the context of knowledge management.