Driven by the possibilities that both connected devices and the predictive power of AI offer, it is very likely that manufacturers will only get better options, allowing them to develop more personalized, performance-based ( pay per use ) services for end users.
In addition to creating new revenue streams for manufacturers, digitalization offers opportunities to rethink the production process itself. Digitalization has the potential to make collaboration between manufacturers and both their suppliers and their customers much more efficient, faster and more effective. Furthermore, artificial intelligence offers the opportunity to predict market demand and the maintenance of one’s own production capacity. Which in turn offers opportunities to improve margins.
The most important change of all? 3D printing enables a decentralized approach to manufacturing. Well-designed digital tools will support this new way of working, allowing the industry to reap the benefits.
The manufacturing industry is a typical example of a sector that is far from fully exploiting the great potential benefits of digitalisation.
Sector #3. Sports
You may not think about it every day. Thanks to new zealand telegram data the enormous increase in prosperity in large parts of the world, the number of people who can actively participate in sports is increasing enormously. Add to that the fact that this new market can be reached entirely via online channels and there is one simple conclusion. The sports industry is a huge growth market. With an estimated value of $500 billion (already in 2018), the sports industry is not only very large, thanks to the internet it is also rapidly becoming a globalized industry.
The rise of social media has given both big brand names and individual sports celebrities incredibly powerful platforms. They can use them to reach fans all over the world. And build the value of their (personal) brands. But to this day, the economics of the sports industry still rely heavily on classic revenue streams. Think advertising, ticket sales and merchandise.
New propositions
We expect that major brands in professional sports will capitalize on their enormous reach and cultural relevance. They will use digital channels to discover new revenue models. For example, by offering new services. A good example is the Ajax Coaching Academy , a service with which Ajax uses its reputation as a trainer to give clubs and coaches abroad access to the training philosophy – for a fee.
