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InCrowd Welcomes Simon Thomas as Chairman

With significant growth in the UK and International markets in the last three years, InCrowd has appointed Simon Thomas, as Chairman of its Board of Directors. A leader in the evolution of commercial sports marketing during his time at TEAM Marketing, FIFA and Fox, Thomas will guide the Board and shareholders, whilst offering strategic advice and support to the senior management team.

“We are absolutely thrilled that Simon has agreed to join InCrowd as Chairman. His appointment adds to a number of new senior executive appointments we have made in the past year. The level of experience that Simon brings both in terms of his standing in the industry and as a specialist in organisational transformation and development, should turbo-charge our next phase of growth across multiple new territories .”

Thomas adds, “I have great respect for Aidan; as the founder of Opta Sports, he has a great track record and enormous experience in this area. At InCrowd he has built a strong team and the progression of the business in just 6 years is impressive. Product innovation to crack the digital challenge is paramount, along with client success and the creation of strong and trusted relationships. It’s an exciting era for the business and I’m very happy to join the team.”

Over the last 18 months, sport has seen a distinct acceleration in its digital transformation, as organisations realise the importance of truly knowing, connecting and engaging with fans on a deeper and personalised level through better use of first party data and premium fan facing platforms.

In response to this, InCrowd chose to focus on product development, ideating, building and delivering new and innovative solutions to respond to the rapidly changing requirements of clients and their commercial partners. Over the last 2 years, InCrowd has almost doubled in size to over one hundred team members, with 65% of the workforce focussed on R&D.

At the heart of InCrowd’s product innovation is their Customer Data and Experience Platform (CDXP), Bridge, a “one stop shop” for querying and using customer data to create personalised fan experiences across digital platforms via a best in class headless CMS and direct to fan content, messaging and engagement tools, all analysed across a range of tailored reporting suites.

“The very foundation of our business lies in our belief that fans are your greatest asset and that creating great digital experiences through high-quality fan facing platforms, data driven content & messaging and innovative activations is the most effective way to drive swift ROI.” says Cooney. “We empower clients to be bold in their digital and data transformations and support them fully at every stage of their journey. These are the organisations that are now reaping the rewards and we’re excited to help others reach their full potential.”

Thomas agrees;

“We are in an era of digital disruption, and clearly the industry is moving towards greater and more effective use of data. InCrowd are market leaders in this space. Everyone’s talking about the need to connect directly with fans and consumers, but at the moment it seems to be more talk than action. InCrowd are actually making things happen, facilitating monumental digital changes for their clients and demonstrating tangible returns, which is one of the things that sets them apart.”

About Simon Thomas
A sports industry veteran, Simon will take on the role of Chairman alongside his role of Partner at Colgan Bauer. An influential boutique firm, Colgan Bauer offers international sports strategy consultancy for many of the world’s top governing bodies, rights holders and investors. Prior to this, Simon was Chief Commercial Officer at FIFA, where he extensively restructured the digital and commercial teams. His further experience includes 15 years at TEAM Marketing, UEFA’s commercial agency for the development of UEFA Champions League and UEFA Europa League competitions in various roles culminating in Chief Executive Officer; and 3 years as EVP Global Sport and Content Sales at Fox where he acted on rights acquisitions for Fox Sports internationally and established a global content sales team selling entertainment, factual and sports content. Simon also established his own advisory agency, Talisman Sport & Media.

For more information, contact enquiries@incrowdsports.com

BLOG: New technologies have not been applied to tackle the racism epidemic in sport, but have the potential to make big impact

how can technology be used to drive positive change? By using technology to develop relationships with fanbases, sports organisations can hold themselves to higher standards of inclusivity and try to effect positive behavioural change amongst their devoted supporters. Technology could also help surface and deter the problems by making the process of reporting incidents far easier and perhaps more significantly, enable the ability to pinpoint and deal with the problem more efficiently and effectively. 

BLOG: Will the Pandemic accelerate the growth in larger sports clubs and leagues at the expense of the smaller ones?

I have read with interest various interpretations of how the Covid Pandemic will impact the sports industry. The general consensus is that it will accelerate the already rapid changes taking place as a result of consumption (how we follow, watch and attend sports events) driven by the smartphone and the rise of web 2.0 which will, in turn, accelerate the gaps between the richest and poorest sports federations, leagues and clubs, affirming a new world order. 

There is no question that changes in consumption have been driving a greater gap between rich and poor in the last few years and this has shown in the numbers. 

The biggest events increasingly command a greater share of fan attention, resulting in the bigger sports growing at the expense of smaller sports where audiences are falling.

There are lots of reasons for this including social followings increasing the importance of celebrity, meaning the biggest stars with the biggest followings drive interest in the team they play for and this drives the overall following and viewing of the league and sport overall. Witness the impact of Cristiano Ronaldo’s signing on the Juventus share price. However, whilst the Pandemic has certainly accelerated some consumer trends, I actually think that it will shake things up rather than simply follow the same path.

First of all bigger doesn’t necessarily mean less vulnerable. Larger event organisers, venues and clubs have larger balance sheets, but also far greater operational expenses which leave them exposed when there is no income coming in from live matches. It is well documented that Premier League clubs lose money when times are good. As a result of the Pandemic, the Premier League is having to offer rebates to its broadcast partners and 20% of the average club income is from matchday, which may not return for several months. 

Secondly, bigger businesses are often less nimble or adaptable to change and this could be a problem. As McKinsey research shows, organisations with an agile operating model are far more likely to show improvements in both execution pace and productivity. The break in the sports calendar has offered them a chance to focus on adapting products and business models to the new norm and the price for not doing so may be very high. 

Many sports in Europe are not centrally organised, which creates a fractured decision-making structure that can be an additional barrier to adapting to the current situation.

By contrast, smaller leagues and federations may be forced to work together to invest and adapt and this could be a big factor in growth, particularly in digital audiences and resulting revenue mixes. More McKinsey research shows that as much as five years of consumer and business digital adoption has happened in the last eight weeks. 

However, this accelerated change does not necessarily mean that change has followed the same path that it would have without the Pandemic. Covid has changed the way we think about hygiene, the way we interact and the way we work and this will have a lasting impact. 

The accepted norm in sport that the big will get bigger and the smaller will struggle to survive is hugely over-simplifying matters.

Many smaller sports have been dealing with the reality of not being one of the chosen ones scheduled on linear broadcasters for some time and have adapted their business models accordingly.  The Americas Cup and the World Surf League have pioneered this approach over a number of years and it has actually led to more broadcast deals as a result of the success of its digital-first strategies, exponentially growing global audiences in the process. 

We may well see a change in the world order as a result of the Pandemic but not necessarily as we might have expected. Strong leadership that is prepared to adopt change thinking combined with investment in the right areas will be the key differentiator, regardless of whether your organisation is large or small. 

 

5 Digital Sports Trends 2019

5 Digital Sports Trends To Watch in 2019

InCrowd’s Dan Lipman takes a look at the top five digital trends and discusses their impact on the sports landscape in 2019 and the future.

1 – Virtual Reality (VR): Is it now or never?
Although forecasters predict that the VR industry will grow by 700% in the next five years, increasing to a whopping £169 billion, VR remains the most polarising topic in the sports and tech industry right now. Major brands, right holders and players are throwing their weight behind it. Prime examples include Ceek’s partnership with Dani Carvahal which will show behind the scenes access to his life at Real Madrid, European Tour allowing fans to take VR tours of famous courses and European Championship Athletics recently launching their own VR app. Perhaps 2019 will be the year that the VR debate can truly be decided.

2 – OTT: The opportunity with owned audiences has never been greater
OTT seems to be the topic on everyone’s lips right now. The recent Premier League and EFL broadcast negotiations have been fascinating, in particular the impact of the increasing capability of rights holders to deliver higher quality OTT to their growing audiences. With a recent Facebook study showing that 45% of live audiences would pay to see a favourite athlete, team, or performer on an online stream we’re certain to see more innovation in this area. Eleven Sports new “room” functionality, which allows stream viewers to invite up to four other people to watch a specific live event, is a great example of this innovation. While in the room, users can see, hear and message each other during the live broadcast of the game.

3 – Betting: US online betting landscape takes shape
At the time of writing, eight states now have full-scale legalised sports betting, up from two since the New Jersey bill was passed 5 months ago; another 23 states are not far behind. Since then it’s been hard to keep up with the news, from organisations across sports data, technology, casinos and rights holders getting on board. In the last week alone, The NBA announced its first betting data partnership with Sportradar and Genius Sports & Major League Baseball teamed up with MGM Resorts International to manage their sportsbook. With these sporting superpowers shifting into high gear, 2019 is going to be an enthralling year for the sports betting industry in the United States.

4 – E-sports: The worlds of e-sports and traditional sport will become ever more intertwined.
With more fans tuning in to the League of Legends tournaments than the Super Bowl Final and numbers closing in quickly on the scale of the Champions League Final, it’s no wonder sports bodies are moving quickly to get a piece of the e-sports action. Whilst it’s now increasingly common for most sports clubs to have their own dedicated e-sports team, the trend on the rise for 2019 is the in-game partnerships that are starting to emerge. The NFL are one of the rights holders leading the pack, with their virtual shirts and shops in partnership with Epic Games’ Fortnite; NFL team “outfits” are now available in the Battle Royale Item Shop for fans to purchase – very cool! Keep an eye out for more of your favourite sports teams appearing in the virtual universes.

5 – Cryptocurrency: New revenue streams emerging
It’s no surprise that Crypto brands have very quickly seen the attractiveness of partnerships within the sports industry. And it’s an exciting time for audience owners in sports with a new revenue stream presenting itself here; not a common occurrence. We’ve seen big rights holder partnerships announced over the last 18 months such as Arsenal and Cashbet and many with players like Lionel Messi, Sirin Labs, Eden Hazard and Sergio Aguero endorsing All Sports Chain. Some players have launched their own crypto-brands like Ronaldinho with Ronaldinho Soccer Coin and James Rodriguez and his JR10 token. In 2019, it will be worth watching how these partnerships start their activations; the Ronaldinho Soccer Coin will give fans access to so-called “digital” stadiums, real-world grounds with the technology to record and analyse player performance. According to WSC, Ronaldinho Digital Stadiums will be developed in 300 locations around the world, with construction plans already “confirmed” for over 10 locations.

So what can you do to keep up with the fast-paced change of the digital sports landscape? Give us a call, or drop us an email to find out more!

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