Knowledge Management

From use case: Knowledge Management

Leading retailers demonstrate measurable success with AI-powered knowledge management. Training is a critical pillar in Walmart’s AI strategy; over three years, the number of participants in its AI training programs grew fivefold. This commitment to upskilling ensures its workforce is equipped with the latest AI knowledge. The retail giant integrated knowledge management into its broader AI Center of Excellence, enabling teams to rapidly access and apply lessons learned from previous implementations.

Ai-driven knowledge management can help in training new employees and onboarding new customers. IBM achieved a 40% faster time to proficiency and a 35% increase in productivity by using AI-driven analytics during the onboarding process and by providing ongoing support and knowledge access. AI developer Creai reduced its customer onboarding time by 40% by diagnosing friction points and using an AI-powered playbook to make information readily available across multiple channels.

Market-wide adoption statistics reveal accelerating investment. The Global AI-driven Knowledge Management Systems Market size is expected to be worth around $102.1 billion by 2034, growing from $3.0 billion in 2024, with a CAGR of 42.30%, according to market research firm Market.us.