- Joint business agreement opens door to predictive sports analysis for cricket fans
- Mobile gaming growing in United Kingdom, Europe after $50 billion year in 2017
- Company building opportunities in mobile industry verticals
Since the early 1900s, when legendary baseball general manager Branch Rickey helped sustain a successful combination of teams through his statistical and analytical approach to players’ performance and potential (http://ibn.fm/YKOSS), team executives as well as fans have turned to the evaluation of individualized numbers as a means of celebrating achievements and predicting new victories. The art (and science, naturally) of predictive analysis in sports has been enhanced by the technological advances of recent decades, which include a move to mobile platforms that make a global array of information available practically anywhere in the world.
Consorteum Holdings, Inc. (OTC: CSRH) has turned the power of its complex mobile platform pursuits to a product designed for fans of cricket, a sport with the world’s second-largest fan base, despite the powerhouse proselyting of the United States’ pro basketball phenomenon (http://ibn.fm/HSujW). Consorteum’s product will offer a huge amount of historical data and continuous updates on cricket teams and players to a potential market of some 2.5 billion fans worldwide (http://ibn.fm/2rRnf). The Cricket DV-PA app will be available this summer for all Android and iOS devices, merging the database technology behind Consorteum subsidiary 359 Mobile, Inc.’s Universal Mobile Interface (UMI) with DevLex Ltd.’s mobile analytics solutions to provide a big data mining product for the sports entertainment industry.
The upcoming launch of the cricket app is just the latest of Consorteum’s joint business agreements to capitalize on its fintech focus. One primary target of the UMI platform has been the mobile gaming industry, an interest that works cooperatively with sports enthusiast activities online. That synergistic development exemplifies Consorteum Holdings’ aim to establish technological solutions for vertically related industries, as well as those that mirror the company’s interests. The company has spent the last several years building relationships and licensing agreements to support its endeavors in the burgeoning fintech marketplace.
“In order to initiate and maintain connections with mobile consumers, we believe it is absolutely critical for our platform to be interoperable between any mobile network and device. This full-service approach redefines how (brands) develop mobile strategies to strengthen their connection to consumers. CSRH recognizes that our cutting edge UMI platform can be utilized in the multiple business verticals,” the company’s website states.
Mobile gaming is growing particularly rapidly in the United Kingdom and Europe, generating an estimated $50 billion in revenue last year, according to gaming and mobile market analyst Newzoo (http://ibn.fm/yefJz). Online gambling transactions could reach into the trillion-dollar range by 2021, according to Juniper Research (http://ibn.fm/ailMr).
Mobile gaming recorded remarkable growth during 2017, granting it nearly half of the total gaming market takeaway (http://ibn.fm/hfEzq). The mobile app store market is predicted to grow another 30 percent to exceed $110 billion by the end of 2018 (http://ibn.fm/DJ26D). For companies like Consorteum Holdings, that creates room to breathe while product developments unfold.
For more information, visit the company’s website at www.Consorteum.com
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