Discussing the significance of Historical sports data - PowerPoint PPT Presentation

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Discussing the significance of Historical sports data

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When we say, Historical Data what comes to your mind? Multiple questions are formed, what it is? What importance does it hold and why do we need to discuss it? – PowerPoint PPT presentation

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Title: Discussing the significance of Historical sports data


1
Discussing the significance of Historical sports
data
  • https//datasportsgroup.com/

2
When we say, Historical Data what comes to your
mind? Multiple questions are formed, what it is?
What importance does it hold and why do we need
to discuss it? To make things simple first let's
jump into the meaning of the term Historical
data as the word suggests it is nothing but
information related to past events and can be
related to a specific subject matter. Now it
could have been collected by organizations in the
past manually now, the whole process may have
shifted to mechanically collecting historical
data depending on the industry. What is the
significance of historical data? Gathering
day-to-day information can uncover trends and
patterns and help in understanding how the
current circumstance in a better manner. And over
a period of time, it could even be used to
predict the future.
3
While historical data has played an important
role in analytics it is quite difficult to
collect relevant data and at the same time ensure
it is of good quality. Historical APIs have thus
provided a solution as developers can easily add
the historical data to their projects. Using an
API would help companies conduct more fruitful
historical data research. Let us take the
example of the sports industry, where historical
data is viewed as an asset it is. Multiple
organizations and companies are heavily dependent
on historical data of past played games and the
team members run their own projections on the
data. More specifically, fantasy sports and
sports betting apps and websites benefit from
historical data. The range of data could be from
years, decades, or in other industries, even
century old data might still be relevant in
research.   
4
How can one use APIs to get access to such sports
data? Developers have access to API key which is
provided by the data providers in our example it
would be sports data providers who offer the API
service. By sending and receiving requests
through endpoints, developers are given the
ability to add the endpoints to their apps. JSON
is mainly used to format the responses. While
live streaming and current data may be more
enticing to users but events of the past have
their own story to tell as well and are equally
as important in engaging the viewers now. Still,
Confused? We will uncover two examples
where historical sports data is playing a
significant role in the industry. The big
picture is built on historical data feeds the
data spans from previous seasons key match-ups
and top performers to who was making headlines
ten years back in the particular sport and why.
It adds value to the pre-game analysis
organization run before the live events and tries
to paint the picture of what will happen with
sports data and future build their analysis on
it.
5
Historical data has proved that history does
matter, from Head2Head stats a detailed analysis
of team and/or players before a match. With a
rich historical sports database, one can engage
true fans of the sports with pre-match build-up
and make logical predictions on facts.
6
One great example where historical data is of
great use is performance analysis. For any
analysts and coaches player or team performance
is of utmost importance on the field and
off-field and the most effective way of examining
the performance would be with a wide range of
data points. Even with the data, it needs to be
a specific combination of historical and live
data to run analysis on. For example, in order to
examine the performance of goal-oriented
offensive players, one would evaluate their
performance with different attributes to that of
a creative midfielders or defenders. Keep in
mind some of the elements might not be
quantifiable as well thus the analysis even
though run on quality data would need to be
scrutinized carefully by the coaches and then
acted upon but as the sport grows heaps of data
are created and fed into the database to get
quantifiable results.  
7
All the data could even be used to identify
patterns in opponents game of play their
strengths and even flaws could be identified
using Artificial Intelligence and a robust
historical sports database.  Historical sports
datas significance does not stop here, data
could also be used to map out the potential a
player could hold in the future before the teams
invest in the player.
8
AI would utilize historical data to run an
analysis on the player market value before
acquiring new talent. This helps the team build a
better team as well as avoid losses and falling
prey to faulty valuations. Clubs might be more
interested in the match, teams, and players but
they have soon realized that historical data to
analyze fans purchasing behaviors and use that
to segment them and build targeted personalized
experience for each demographic to engage them.
This was further explored by Robert Easley, the
John W. Berry Sr. Department Chair and Professor
of Information Technology, Analytics and
Operations at the University of Notre Dame, and
OvuncYilmaz, assistant professor at the
University of Colorado Boulder who published a
study for Data-Driven Sports Ticket Pricing for
Multiple Sales Channels with Heterogeneous
Customers.
9
Easley went on to say There are insights that
arise from the data that you would not know by
simply looking at a diagram of seating,. Data
Sports Group offers a robust database for
historical data spanning over 50 years and offers
live sports data feed solutions as well. Never
compromise with quality and trustworthiness of
the database with the dependable team of Data
Sports Group and partner with the best sports
data provider.
10
Contact US
  • Emai -sales_at_datasportsgroup.com
  • Phone - 1 (704) 964-6859
  • Address - 2600 Kinmere Dr
  • City Gastonia
  • State - North Carolina
  • PIN 28056
  • Country - USA
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