It’s not just about the game anymore. An increasingly digital world is forcing the sports industry to adapt, and the Internet of Things (IoT) can bridge the gap between the physical world and the digital space. Learn how IoT is changing the way in which teams operate, athletes train, and fans engage.
Many organizations are utilizing IoT today in specific areas to address a particular need or challenge. Teams are focusing their IoT efforts on three main areas:
Although many organizations are investing in technology, they need to adapt their way of thinking quickly in order to avoid key challenges and the risk of getting left behind. Older stadiums are starting to show their age and fall behind in terms of infrastructure and technology. As the price of tickets rise and the at-home experience improves, many teams are seeing their game attendance steadily decline. Teams are gathering data on their players and fans from multiple sources, but these data sources are often not being integrated.
Currently, many teams are implementing IoT capabilities into their stadiums and organizations, but the solutions are often independent and don’t work together, preventing organizations from realizing the full potential of IoT. Unused current assets, limited wearable application, siloed fan experiences, and self-contained operational technology (OT) and IT systems contribute to organizations not being able to fully leverage IoT. Teams and organizations need to recognize the prevalence and real power that IoT can have when it’s integrated and considered on a comprehensive, holistic level.
IoT can transform the sports industry as it enables breakthrough results by bridging the physical and digital world in innovative ways and drives value by integrating data sources and connecting with fans through many technologies. Integrating the data gathered by different IoT sources and improving the connectivity of systems can increase venue efficiency, enhance fan experience, create additional revenue streams, and provide real-time personalization.
A successful and effective IoT-driven sports organization relies on several key principles that must be considered to maximize the power and benefits of IoT:
Sports organizations stand to benefit immensely by executing a comprehensive IoT strategy and integrated framework as technologies scale and humans become more interconnected through different mediums of technology.