With Illinois Tech’s men’s basketball team on a roll this season, one assist is coming from the university’s Master of Data Science program.
The sport business analytics process generally involves data collection, management, visualization, implementation and evaluation. Sport business organizations are encouraged to focus first on clearly defining business strategies, goals and objectives before developing a data-driven initiative or staffing an analytics department. Next, organizations need to identify the data systems that will be used to collect and capture data. For example, a sport team could leverage ticketing and point-of-sale software systems to monitor season ticket holder accounts and concessions sales.
November/December 2012 Evaluation of performance: Evolution of the official box score. The evaluation of performance in basketball analytics parallels the application of methodology utilized in the analytics of genomics. By
Analytics are becoming a critical asset for professional sports teams, as sports increasingly become a technical and scientific business. Like any commercial organization, the Leicester Tigers – nine-time champions of English rugby union’s Premiership and two-time European champions – are faced with challenges around growing and retaining talent, measuring performance, optimizing tactics and detecting risk.