In today’s economy data is recognized as a strategic asset, and has become a product of unlimited potential, with its own value, and a source of new revenue streams. Accounting for 1700 billion of the worldwide GDP, the Sport Economy represents a high potential for data companies and for the whole sport ecosystem shifting to a more digital business.
The Sport industry relies on modern technologies to generate data which are the power engines of new digital models and transformation. However, this requires getting a secure and trusted environment facilitating data circulation in order to gain the full potential of the data economy.
Data Exchange enables all sport economic stakeholders to develop and value the potential of their ecosystem by capitalizing on sport data circulation across a large scope of players -clubs, federations, leagues, sponsors & brands, event planners & organizers, retailers, cities- to:
- Improve sport performances and tactics in real-time
- Save players from injuries
- Provide a better and connected experience for fans
- Generate new revenue from data licensing
- Create new data-driven services
Thanks to data circulation, organizations create ecosystems around data exchange platforms that meet regulatory requirements and address traceability and security challenges.
Creating data ecosystems triggers powerful opportunities for the whole industry thanks to the facilitated access to sport data. This dedicated Solution Brief highlights the key role of Data Exchange in the Sport Economy to make you reach the top of the podium.
Access the solution brief now!