The library will play a very crucial role in the extension and modification of knowledge. The growing need for knowledge management has influenced every component and operation of a library. Knowledge management requires more effective methods of information handling, speedy transfer of information and linking of information with individuals and their activities. It demands library patron centered development of information systems and services and customization of information at the individual level. Libraries have been thought of as being expert at collecting and organizing published information. This paper is intended to be an overview to assist knowledge management in terms of its relevance for library and information science professionals. Development of information technology (IT) and its applications in Library and Information Centers, the concept of document management has been changed to information management and again the entire scenario of information management has started its change to knowledge management (KM). This paper mainly focuses on the concept of knowledge management and the role of library and information professionals in managing the knowledge and information in the digital environment. It also highlights the importance of library and information professionals in the organizations such as knowledge creation, acquisition, preservation and sharing knowledge and information. This paper also describes the development and use of information and communication technologies (ICT) in the library and information centers.
Key words: Knowledge management, ICT, OPAC, information management, library and information professionals, LIS.
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