Latest Trends in the Fitness Industry Transformation Technologies

Trends in the Fitness Industry Transformation Technologies

In The current article, we will review The Digital Transformation Technologies You Could Use in Fitness  Industry to Ensure Maximum Value which include the following points:

1. Project Portfolio Management Software

2. Cloud Solutions in the Fitness Industry 

3. Data Science Services

4. Internet of Things

Project Portfolio Management Software

Digitalization has become the new and indispensable tool for Fitness  Industry not only because it facilitates direct contact with the customer. Industry is experiencing a Digital Transformation of the entire Value Chain – from design to product development, Manufacturing, Transportation and Logistics through to sales. Virtually all industries have to adapt their Business Models and products as a result. Once again, the Cloud is the Key to Success.

Project Portfolio Management Software Help Fitness Industry with Transformation

List of Top Project Portfolio Management Software includes the following:

GenSight

An integrated platform to support strategy and innovation programs; supports the Stage-Gate process. GenSight’s Project Portfolio Management tool offers best practice solutions in Strategic Portfolio Management and New Product Development. GenSight fundamentally improves an organization’s ability to communicate the portfolio of projects bringing the greatest value.

gensight website

i-nexus

A single platform for transparency and accountability of strategy that visualizes business-wide progress with clarity of goals, targets, and deliverables. Supports Hoshin Kanri and other methods. The most effective way to run, improve and transform your business. i-nexus helps your organization simplify the challenges of managing operational performance, driving sustainable continuous improvement, delivering business transformation, and executing breakthrough strategic plans.

i-nexus website

Shibumi

A strategy management software, that enables business leaders to deliver better business transformation results. Shibumi’s Strategic Program & Portfolio Management Software platform enables organizations to successfully deliver enterprise-scale transformation.

shibumi website

Synergy Indicata

Strategy execution and monitoring and evaluation software. Portfolio Management and M&E Software to Measure Your Impact Today, an industry-leading strategy execution and monitoring & evaluation software that provides the complete suite of features you need to measure your project-level or organization-wide performance.

synergy-indicata website

Cloud Solutionsin the Fitness Industry 

Cloud Solutions, also known as Cloud Computing or Cloud Services, provide on-demand IT resources. Cloud Service providers such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform can deliver everything from applications to Data Centers or Digital Transformation Centers on a Pay-Per-Use Basis to their Subscribers. The Cloud is the Basis for the digitalized Business Models and Processes that will play a pivotal role in Businesses in the future. For we will soon be living in a world in which everything is networked to everything else. Some Researchers have estimated that there will be over 200 billion interconnected devices by the end of the decade. Dealing with these vast numbers requires Technology that is reliable and stable. The cloud can do that. The Internet of Things, Industry 4.0 – virtually all of the IT sector’s recent innovations rely on businesses being able to harness the speed and scalability of the cloud. It is the backbone and the brainpower of the entire Digitalization Movement. It offers more data storage and data analysis capacity. It makes it possible for an almost limitless number of users to capture and analyze huge data volumes centrally. (F. Abolhassan, 2017)

Most Cloud Solutions fall into Three Categories:

1. Infrastructure as a Service (IaaS): IaaS allows businesses to rent IT infrastructure from a Cloud Provider
2.  Platform as a Service (PaaS): PaaS provides an on-demand environment for software development.
3. Software as a Service (SaaS): SaaS offers online applications.

Fitness Clubs Industry of all sizes use cloud solutions to reduce hardware, software, and IT maintenance costs. Because cloud service providers offer pre-built cloud solutions that are flexible, and by using cloud solutions, IT resources can be rapidly scaled up or downsized to meet the needs of the business. Cloud solutions allow quick access to flexible and low-cost IT resources without large upfront investments in hardware or time-consuming installation and maintenance. Fitness Clubs can provide the type and volume of computing resources they need to run a new initiative or run their IT departments more efficiently.

Fitness  Industry markets are seeking to apply the concepts of the Fourth Industrial Revolution (Industry 4.0) to improve productivity and manufacturing quality. Moreover, complete planning and supervision of the digital transformation up to the smart factory. Beside that The Internet of Things (IoT), promises unlimited opportunities for interaction and new business models by connecting products and sensors.

Elements of Digital Transformation of the Fitness Industry:

1. Introducing machines equipped with sensors to provide data on the health  and enable preventive maintenance.
2. Use digital copies to perform simulations in a virtual environment and apply the results to real objects.
3. Providing Internet connectivity to your Fitness clubs workers to achieve greater control over workout operations.
4. Control the Quality of Services and products. 

Data Science Services in the Fitness Industry 

Data science services help companies and organizations make the most of their data to gain insights and ideas for their business. Data Science Services provides professional data science consulting leveraging machine learning, artificial intelligence, and deep learning techniques to meet the clients' analytics needs.

Increase corporate profits and provide better customer services:

Large business Data have allowed for a significant increase in profits and competitive position. Knowing the customers' desires, preferences and psyche allows profitable companies to provide products and services based on these desires and trends. These companies ensure the satisfaction of their customers, thereby increasing their sales without compromising those companies and risking their products and services.

One of the most prominent pieces of evidence of the use of these huge Data and services by retailers and services to boost their profits is the promotion of promotional advertisements for Internet surfers and websites. There are applications and sites specializing in analyzing such Data, which analyzes the user's desires through the input they enter previously in the search engines, these sites to monitor the words and stored in private Databases, to be analyzed and direct propaganda that suits these interests and desires, regardless of the site being visited.

Examples include retail companies' exploitation of the information so that they are able to discover the days when consumers flock to stores and analyze how people spend on goods, with the aim of increasing profitability and following the best ways to target marketing Targeted Marketing

Internet of Things in the Fitness Industry 

The Cloud is the Basis for the digitalized Business Models and Processes that will play a pivotal role in Businesses in the future. The Internet of Things, Industry – virtually all of the IT sector’s recent innovations rely on businesses being able to harness the speed and scalability of the cloud. It makes it possible for an almost limitless number of users to capture and analyze huge data volumes centrally. Because cloud service providers offer pre-built cloud solutions that are flexible, and by using cloud solutions, IT resources can be rapidly scaled up or downsized to meet the needs of the business. Cloud solutions allow quick access to flexible and low-cost IT resources without large upfront investments in hardware or time-consuming installation and maintenance.

Beside that The Internet of Things, promises unlimited opportunities for interaction and new business models by connecting products and sensors.

Introducing machines equipped with sensors to provide data on the health of your plant's machines and enable preventive maintenance. Use digital copies to perform simulations in a virtual environment and apply the results to real objects.

on the whole one of the most prominent pieces of evidence of the use of these huge Data and services by retailers and services to boost their profits is the promotion of promotional advertisements for Internet surfers and websites. There are applications and sites specializing in analyzing such Data, which analyzes the user's desires through the input they enter previously in the search engines, these sites to monitor the words and stored in private Databases, to be analyzed and direct propaganda that suits these interests and desires, regardless of the site being visited.

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REFERENCES 

§ F. Abolhassan (2017), the Drivers of Digital Transformation, Management for Professionals, Springer International Publishing Switzerland 2017. DOI 10.1007/978-3-319-31824-0_1