A new Front Office Sports Special Report highlights this year’s huge hardware supply chain issues as a driving force behind stadium operations teams looking to IoT solutions to meet technology innovation goals.
The report, titled IoTs Impact on the Sports Economy, cites a McKinsey report on the growing influence of the IoT market, and points to a Bloomberg article on the growing number of out-of-stock hardware and technology items.
Front Office Sports also highlighted the Lambent intelligent software solution, and deployments at premier venues such as Rocket Mortgage Fieldhouse, as a way for stadium operators to drive value with IoT technology.
Front Office Sports predicts the category of Stadium Intelligence has emerged as one of the top ways IoT will influence the sports and stadium markets.
Here are some additional key excerpts from the report:
- The IoT industry could provide outsized returns in the sports and sports adjacent industries over the next decade.
- Manufacturers and advertisers alike are struggling to deal with the various supply chain issues across the board including truck driver shortages, port delays, and outright factory closures.
- Lambent provides a direct use case for potential sports and entertainment specific functions. The company’s software allows for smarter decisions related to crowd size, space utilization, security, maintenance, and fan experience while providing easy access to valuable data trends for space management.
You can read the complete report here, and you can find out more about how Lambent is helping premier customers like the Milwaukee Bucks, LAFC, and the Cleveland Cavaliers harness visitor data and transform their stadiums with deep insights into fan and crowd behavior by scheduling a quick demo.
To learn more about how we are helping partners and clients around the globe, check out this blog from my colleague David Smentek Real World Crowd Intelligence at Your Campus or Venue.
Curious about how Lambent helps stadiums, corporate real estate, and higher education campuses do more with the data they have? Reach out today to connect with a sales specialist and learn more.