Infolution Description
Information overload is a common phrase. We already struggle to keep our heads above water due to the sheer volume of documents we have from different sources and in different file formats. Unpredicted is the end of information growth. Many companies were hurt by the fact knowledge was considered the fourth production factor (along with ground, capital, and work) and a strategic competitive factor. Companies can be affected by the worst-case scenario, which is information loss due to knowledge workers being fired. In today's highly competitive market, decreasing productivity and reinventing the wheel can lead to increased costs. This is why it is a major problem for most companies. The proper use of knowledge is becoming a key factor in success for both large businesses and small to medium-sized companies (SMB).