Remove Marketing Remove Metrics Remove Sport Remove Systems Review
article thumbnail

Sports venues advance goals, enhance fan experience with data analytics

CIO

Sports fans today have more ways than ever to watch their favorite teams beyond the traditional, live stadium experience, including television, streaming services, even highlights on social media. In response, sports teams and venue operators are working hard to improve and differentiate the in-stadium experience.

Sport 246
article thumbnail

How Big Data Has Transformed Sports

BrainStation Technology

In a relatively short period of time, big data has become a big business in professional sports. The market for sports analytics is expected to reach almost $4 billion by 2022, and teams around the world are racing to find a competitive advantage. Taken together, you can see that data has had a profound impact on the sport.

Sport 74
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Customer Experience is a Team Sport

IDC

CX improvement must become a top initiative for CMOs or marketing will be the proverbial canary in the coal mine – the first to be blamed if the pipeline erodes due to customers’ poor experience. Marketing can’t do this alone. Behind the scenes is a massive support system. The CMO’s conundrum? Discrete functions (e.g.,

Sport 81
article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

The reality is that you’ll need a more sophisticated pricing strategy to fit into today’s highly competitive market and be flexible enough to adjust to any changes. Dynamic pricing is a practice of setting a price for a product or service based on current market conditions. Would you consider fixed costs, competitor prices, or both?

article thumbnail

Lessons learned turning machine learning models into real products and services

O'Reilly Media - Data

In other words, “The gap between ambition and execution is large at most companies,” as put by the authors of an MIT Sloan Management Review article. A model that recommends what sports programs to watch, for example, would need to consider that the Super Bowl is huge in the U.S., Sometimes, the need to localize models is obvious.

article thumbnail

RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

In other words, a certain number of metrics and KPIs has to be set up, monitored, and analyzed to be turned into valuable insights. Occupancy rate, ADR, and ALOS: basic operational metrics. It might show you that your property is most popular at the weekends or during the holiday season, or when some sport events take place nearby.

Hotels 64
article thumbnail

The great divide: Separating operations and innovation

CIO

Clearer strategic planning: Splitting operations and innovation doesn’t erase each one’s dependencies on the other, but the split can make those dependencies easier to coordinate, in part due to the clarity gained through streamlined capacity management and budgeting. A sports analogy might be appropriate here.