Advanced Sports Data Measurement and Analysis Solution for Athletics

Acronym

SPECTO Athletics

Description of the granted funding

Sports analytics is redefining predictive sports business decision-making. It allows team managers to improve winning percentages and fans thrive on having more information about a game they are watching. Sports analytics’ market was valued at €24 billion in 2017 and is anticipated to reach €61 billion by 2024. However, most of the companies engaged in sports analytics have been mainly concentrated on football, owing to an increasing attendance and growing fan-base, media and sponsors engagement. Other sports and specifically athletics have yet to reap the benefits of advanced sports analytics. Current solutions in athletics focus on performance measurements after the game, in a laboratory. There is no solution in the market providing live and engaging data for fans and deep valuable insights to commentators/broadcasters for post-event analysis and also to athletes and coaches to improve athlete’s performance and avoid injuries. This is where SPECTO Athletics comes into force. SPECTO Athletics core technology is adapted from our successful SPECTO Bowling® product which is capable to perform both 3D and 2D motion analysis, providing a detailed vision of the actions through real time data during the game, opening a whole new possibility for its exploitation by customising the final experience to different audiences: players, coaches, fans, researchers or sports associations. Having already validated SPECTO Athletics in IAAF World U20 Championships, July 2018 in Tampere, and with several pilot agreements signed with Olympic training centres, broadcasters and Sports Federations, SPECTO Athletics aims to establish itself as a pioneering state of art system in Athletics sport. Our project will achieve a ROI of 52.11, profit of €144M and create 59 direct jobs by 2025. Also, we are fully committed to keeping our product development in Europe.
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Starting year

2019

End year

2021

Granted funding

ANGULAR VELOCITY OY
2 414 721.75 €
Coordinator

Amount granted

2 414 722 €

Funder

European Union

Funding instrument

SME instrument phase 2

Framework programme

Horizon 2020 Framework Programme

Call

Programme part
INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies (5238)
INDUSTRIAL LEADERSHIP - Innovation In SMEs (5283)
PRIORITY 'Societal challenges (5289)
Topic
SME instrument (EIC-SMEInst-2018-2020)
Call ID
H2020-SMEInst-2018-2020-2

Other information

Funding decision number

859545

Identified topics

sports, physical activity, training