The acronym "KMS" in knowledge management stands for Knowledge Management System. It refers to a technology-based framework that facilitates the collection, organization, sharing, and analysis of an organization's knowledge. KMSs seek to enhance collaboration, enable better decision-making, and empower employees by making crucial information easily accessible. By leveraging tools like databases, intranets, and document management systems, KMSs play a vital role in preserving organizational knowledge and fostering innovation.