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Wednesday 27 May 2015

Sports Analytics Market Strategies And Forecast 2021

WinterGreen Research announces that it has published a new study Sports Analytics: Market Shares, Strategy, and Forecasts, Worldwide, 2015 to 2021. The 2015 study has 472 pages, 177 tables and figures. Worldwide markets are poised to achieve significant growth as the cloud computing for utility infrastructure and the tablets and smart phone communications systems make training information more cogent and more available, remaking all sporting everywhere.  

Information services will leverage automated process to leverage cloud computing: services The value of sports analytics is the predictive capabilities provided. The best sports teams are the ones using the power of real-time information to their advantage. 

What to measure? What real time information is the best? Can the players game the analytics systems?  Lets start with the story of Babe Ruth. The “Babe” used to come to every at bat with the desire to win the game. So early in the game, aware that at the end of the game it would fall on him to win the game, the “Babe” would deliberately strike out on pitches that he really could hit. Later in the game, the pitcher would remember the pitches that had gotten the “Babe” out and “Babe Ruth” could hit with ease, winning the game defying the statisticians.  

You can get the complete reports on Sports Analytics Markets at: http://www.radiantinsights.com/research/sports-analytics-market-shares-strategies-and-forecasts-worldwide-2015-to-2021  

So, Babe Ruth used sports analytics in the 1930’s in reverse, hoping to entice the pitcher to throw that very pitch he could hit in a tight situation later in the game. His very success illustrates that in sports analytics sophistication is needed. For sports analytics to track Babe Ruth, it would have been necessary to look at the pitches he could hit at the end of the game, not just everything that came at him. How sophisticated is that? You have to know your players to do good sports analytics.  

Babe Ruth is at the center of one of the sad stories of sporting in Boston. The Boston Red Sox baseball team, in 2003, had not won a world series since Babe Ruth was sold to New York, the so called “Curse of the Bambino.” 

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John Henry, a financial analytics wizard came along and purchased the Boston Red Sox along with other partners and he took the team to three world series using sports analytics as the dominant force for running the team and building fan enthusiasm. Sports become the model for predictive business decision making. 

Business has been reorganized among teams, inspired by sports. Analytics, developed by businesses are finding innovative use in sports, leading to models for business to organize and manage teams.

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