SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Data Mining in Sports: A pragmatic of approaching the game

Professional sports organizations are multi-million dollar enterprises with millions of dollars spent on a single decision. With this amount of capital at stake, just one bad or misguided decision has the potential of setting an organization back by several years. With such a large amount of risk involved it requires a critical need to make good decisions, and hence it’s an attractive environment for data mining applications.

Sports Data Mining has experienced rapid growth in recent years. The task is not how to collect the data, but what data should be collected and how to make the best use of it. From players improving their game-time performance using video analysis techniques, to scouts using statistical analysis and projection techniques to identify what talent will provide the biggest impact, data mining is quickly becoming an integral part of the sports decision making landscape where managers and coaches using machine learning and simulation techniques can find optimal strategies for an entire upcoming season. By finding the right ways to make sense of data and turning it into actionable knowledge, sports organizations have the potential to secure a competitive advantage over their peers. To read more how it has been used: http://www.ukessays.com/essays/psychology/data-mining-in-sports-in-the-past-few-years-psychology-essay.php 

Rate this blog entry:
Analytics enables KKR with an additive advantage
How can companies make better use of social media ...

Related Posts

 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Friday, 26 April 2019
If you'd like to register, please fill in the username, password and name fields.

Sigma Connect

sigmaway forums

Forum

Raise a question

Access Now

sigmaway blogs

Blogs

Blog on cutting edge topics

Read More

sigmaway events

Events

Hangout with us

Learn More

sigmaway newsletter

Newsletter

Start your subscription

Signup Now

Sign up for our newsletter

Follow us