The Hat Trick–Winning in Sports With Big Data
Sadly, according to Workforce 2020, a global survey conducted by Oxford Economics, less than half of Canadian employees (44%) expect to be proficient in analytics, cloud and programming technologies in the next three years. And only 19% claim proficiency today.
That’s why SAP is proud to support the new Centre of Excellence in Analytics at the British Columbia Institute of Technology (BCIT) in Vancouver, Canada. On November 24, to a packed audience, the Centre hosted their launch event with a celebration of sports analytics, intended to show how winning on the soccer field isn’t all that different from winning in the market.
Attendees learned about the vision for the Centre as a hub to bring together the analytics community for collaboration, idea generation and sharing best practices to support and grow the sector. Through applied research, student projects, corporate training and industry collaboration students will gain comprehensive analytics education. Students at the Centre will also have the opportunity to gain credentials at both the undergraduate and graduate levels.
The evening was capped off by a keynote presentation from Chris Burton (Group Vice President, Global Sponsorships) during which attendees were treated to five use cases for how analytics are changing the game in basketball, football, tennis, equestrian, and, of course, soccer.
Analytics is Winning the Game
In his remarks, Chris noted a number of trends in sports and entertainment that also apply to business. Crucial to both is the importance of maximizing your wins per dollar spent. A key question for both sport and business: given rising business costs, how do we maximize performance and make the most of investments made elsewhere in the business? The answer, of course, is the effective capture and analysis of data.
“The competitive advantage of businesses in the future lies in the ability to transfer and translate data into insight, Chris said. “Analytics enables better decisions, faster responses and simpler user experiences. Ultimately, a great tool to win in sport and business.”
Education is Key
Education is key in closing the skills gap in science, technology, engineering and math (STEM)-related jobs. SAP’s partnership with BCIT is one piece of SAP’s larger Corporate Social Responsibility strategy to address the looming technology skills gap. Our larger vision for the partnership is a laddering pathway, beginning at Templeton Secondary School in Vancouver to inspire kids to choose STEM as a career path. By creating technology career pathways that span both secondary and post-secondary education, SAP hopes to ensure there is a robust talent pipeline to effectively resource the ever-growing technology field – social investments to truly help the world run better.