Knowledge formation and transformation among IT professionals has not received adequate attention in the current studies even though it plays important role in development in both Information Technology and business sectors. Therefore, the exploration of knowledge formation and transformation among IT professionals through empirical study to verify the proposed theoretical framework is useful practically and academically. This study gives the proposed framework a fresh way to understand the learning and sharing processes among IT professionals. In addition, this study also explores influential factors that have impact on knowledge formation and transformation among IT professionals.