By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    football analytics
    The Role of Data Analytics in Football Performance
    9 Min Read
    data Analytics instagram stories
    Data Analytics Helps Marketers Make the Most of Instagram Stories
    15 Min Read
    analyst,women,looking,at,kpi,data,on,computer,screen
    What to Know Before Recruiting an Analyst to Handle Company Data
    6 Min Read
    AI analytics
    AI-Based Analytics Are Changing the Future of Credit Cards
    6 Min Read
    data overload showing data analytics
    How Does Next-Gen SIEM Prevent Data Overload For Security Analysts?
    8 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: Big Data Meets Fantasy Football
Share
Notification Show More
Aa
SmartData CollectiveSmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Modeling > Big Data Meets Fantasy Football
Big DataModelingNew Products

Big Data Meets Fantasy Football

GilAllouche
Last updated: 2014/11/10 at 9:07 PM
GilAllouche
5 Min Read
fantasy sports and big data
SHARE

fantasy sports and big dataFantasy sports, especially fantasy football, are a huge business in the United States. According to the Fantasy Sports Trade Association more than 30 million Americans play fantasy football and spend more than $10 billion a year on it. With the continued increase in fantasy football’s popularity along with the NFL’s popularity, those numbers are expected to keep on rising.

fantasy sports and big dataFantasy sports, especially fantasy football, are a huge business in the United States. According to the Fantasy Sports Trade Association more than 30 million Americans play fantasy football and spend more than $10 billion a year on it. With the continued increase in fantasy football’s popularity along with the NFL’s popularity, those numbers are expected to keep on rising.

Because it’s become such a lucrative business there are numerous platforms that companies are using to grab a share of the market. The 2014-2015 season will signal the entrance of another business, perhaps unexpectedly — big data.

Traditionally big data technology has been implemented most often by large businesses. In recent years that has changed with cost-reducing technologies such as big data analytics cloud computing which has made big data technology much more accessible and cost efficient for small businesses. And now there is yet another big data platform — individual fantasy football players.

More Read

Shutterstock Licensed Photo - 1051059293 | Rawpixel.com

QR Codes Leverage the Benefits of Big Data in Education

The Role of Data Analytics in Football Performance
7 Mind-Blowing Ways Smart Homes Use Data to Save Your Money
What to Know Before Recruiting an Analyst to Handle Company Data
Tackling Bias in AI Translation: A Data Perspective

Competitive Edge, the aptly named company that will be providing this big data technology to NFL players, hopes to analyze three different areas to provide the fantasy football user the best options in picking their teams each week. They’ll be analyzing and rating players based in their performance in mental, physical and environmental categories.

Competitive Edge is one of the first companies to take big data down to the individual level and carries extremely high expectations for its implementation. The company is banking on the idea that its big data technology will be able to accurately predict how well players will perform overall based on the three previously mentioned categories. Big data allows the company to gather enormous amounts of information on every player and every play, in real-time, to give users extremely accurate and up-to-date information on each player. And it’s doing this all for the small price of $5 per month per user.

Just as professional sports have slowly evolved from gut feelings and raw stats to draft players and put together teams to using complex algorithms and data, so too has the fantasy edition of sports. Users need no longer rely simply on gut feelings, they’ll have the data to make the decision for them.

Users can now pick their players based on their mental toughness or weakness, physical stamina, how well they play at home, on the road, outside, indoors, in warm weather or in the cold. And that’s just some of what Competitive Edge is giving their users.

It’s amazing that this type of information is now available to fantasy football players. It’s the stuff you’d expect top level executives to concerned about, not fantasy football users. Competitive Edge, however, is showing that big data can be used by everyone, and it’s not just for the higher-ups.

The implications on the fantasy football business and the NFL are huge. Its taking fantasy football to a completely different level. It’s already slowly evolved from just a fun thing to do on Sundays, to a serious competition that consumes people during the entire football season and beyond. It also signals implications for the NFL itself. These fantasy football users are going to be very well informed. Owners, general managers and coaches won’t be able to get away with poor moves because the fans will easily spot it. There will be increased scrutiny on each play call and position assignment. It also increases the pressure on the players themselves to perform to peak levels each week.

It’s amazing that big data technology can have such a profound effect in so many different areas, including fantasy football and the NFL. Competitive Edge is showing companies everywhere that there’s a use for big data, no matter the industry and no matter the size. The technology’s ability to gather, store and analyze large sets of information make it valuable everywhere. Now, especially, with the low startup costs that big data in the cloud provides, businesses of all sizes can make use of it.

Image Source: Pixabay

GilAllouche November 10, 2014
Share This Article
Facebook Twitter Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

Shutterstock Licensed Photo - 1051059293 | Rawpixel.com
QR Codes Leverage the Benefits of Big Data in Education
Big Data
football analytics
The Role of Data Analytics in Football Performance
Analytics Big Data Exclusive
smart home data
7 Mind-Blowing Ways Smart Homes Use Data to Save Your Money
Big Data
ai low code frameworks
AI Can Help Accelerate Development with Low-Code Frameworks
Artificial Intelligence

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

Shutterstock Licensed Photo - 1051059293 | Rawpixel.com
Big Data

QR Codes Leverage the Benefits of Big Data in Education

7 Min Read
football analytics
AnalyticsBig DataExclusive

The Role of Data Analytics in Football Performance

9 Min Read
smart home data
Big Data

7 Mind-Blowing Ways Smart Homes Use Data to Save Your Money

7 Min Read
analyst,women,looking,at,kpi,data,on,computer,screen
Analytics

What to Know Before Recruiting an Analyst to Handle Company Data

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?