Timm Jäger, CEO at EintrachtTech GmbH, and Thomas Funke, Managing director of TechQuartier, share insights on developing modern digital football clubs, including owned platforms, IoT for stadium ops, esports, and partnering with Techvatia. They emphasize the importance of in-house tech talent, collaboration between tech and established companies, and differences in club structures between Germany and the US. The podcast also highlights the significance of bravery in developing a digital club and the benefits of exchanging ideas with partners like TechQuadier.
Collaborating with strong partners is essential for football clubs to become digital organizations and achieve their goals.
Having a clear digital strategy, exploring new business fields, and leveraging partnerships with innovative tech companies are vital for modern digital football clubs.
Deep dives
The Importance of Partnerships in Developing a Digital Football Club
Collaborating with strong partners is crucial for football clubs aiming to become digital. An example of a successful partnership is the collaboration between Intratic Frankfurt and Techbot. Having a clear digital strategy is vital, defining why digital projects are pursued and what the goals are. Intratic Frankfurt established Intratech, a company dedicated to digital projects, to explore new business fields. Examples include developing an app and platform for ticketing, merchandise, and regional content. The collaboration with Techbot focuses on IoT and startup cooperation. It is emphasized that partnerships and understanding the need for strong partners are essential for clubs aspiring to be digital.
Key Insights on Developing a Modern Digital Football Club
The podcast episode features Tim Yeager, CEO of Intratic, and Thomas Fonke, Managing Director of Techbot. They discuss the importance of having a clear digital strategy for a modern digital football club. This involves defining objectives and outcomes and venturing into new business fields. Antratech, the digital subsidiary of Intratic Frankfurt, focuses on areas such as digital communications, sports performance improvement, and digital business models. The collaboration between the club and Techbot highlights the benefits of partnering with innovative tech companies and leveraging their expertise. It is emphasized that every football club needs to have a digital strategy tailored to its needs and strengths.
Disruption in Traditional Sponsoring and Revenue Streams
The podcast highlights the shift in traditional sponsoring trends within the football industry. Companies are becoming less interested in conventional logo display sponsorships and more interested in digital projects and collaborations. Antrate Frankfurt's partnerships with Deutsche Bank and DPD demonstrate this change, where the focus is on digital projects that align with the digital strategy of the club. The podcast emphasizes the importance of providing strong content and exchange of knowledge and expertise as part of these partnerships. It is noted that sponsorship should go beyond monetary transactions and embrace digital innovation.
The Potential and Challenges of Digital Transformation for Football Clubs
Digital transformation presents numerous opportunities for football clubs, but each club's digital strategy should be tailored to their specific goals and strengths. The episode discusses the areas of digital communications, digital business models, and sports performance improvement as key areas of focus. The discussion also touches on the importance of having in-house technology expertise and not solely relying on external consultants. It is emphasized that clubs need to embrace the digital ecosystem, collaborate with innovative tech companies, and consider the future importance of data analysis and artificial intelligence in optimizing operations and fan experiences.
In this episode Fabio Schaupp discusses how football clubs can develop themselves into modern digital organizations. For this, he invited Timm Jäger, CEO at EintrachtTech GmbH, a subsidiary of Eintracht Frankfurt and responsible for all strategic digital projects of the club, and Thomas Funke, Managing director of TechQuartier, a partner of Eintracht Frankfurt.
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