Internet of Things and Big Data technologises as an opportunity for organizations based on Knowledge Management

We all are witnesses of birth of the new technology called Internet of Things (IoT). The network of things communicating not only with people, but communicating with each other generate a vast number of data called Big Data. Big Data constitute an almost inexhaustible source of knowledge for companies. Knowledge about clients, competitors, markets and whole environment. It is a great opportunity for organizations based on knowledge management to take a competitive advantage. The growing role of Knowledge Management in the organization is discussed at the beginning. Then IoT and Big Data technologies are presented as a teleinformatic background of intelligent organizations. All considerations lead to the presentation of the most important organizational implications caused by IoT and Big Data usage and new business models that can be a valuable source of competitive advantage on dynamically changing market where demand for instant information and generated knowledge is still growing and becomes a key feature in meeting the customer expectations.