Samsung chairman sentenced to 18 months in jail - MarketWatch.
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Samsung Chairman Sentenced to Jail for Violating Labor Laws.
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“I’ve worked in sports for 20 years, and pro road cycling has by far the most dysfunctional economic model,” says Graham Bartlett, CEO, Velon. The reaction to that was to form and create Velon.” Why has professional cycling been so dysfunctional?Global commercial cycling revenues are only $600 million – compared to $8.2 billion in the NFL, and $16.8 billion between just the five biggest European soccer leagues.The difference is these sports benefit from being able to host large, ticketed events in one place. Cycling, where races cover thousands of miles of open road, does not have this luxury.Without equivalent infrastructure, cycling struggles to achieve the commercial heights of other sports.Ironically, with pro cycling it's the most dedicated fans – those waiting by the roadside – that can miss out the most.
More casual viewers, watching on TV or listening on the radio, can get a more holistic coverage of the race: fans by the roadside can only catch a glimpse of the cyclists as they go past.But cycling does have its own assets: professional cyclists generate huge amounts of data, from heart rate, to bike speed to information about the terrain on which they are riding.Properly captured, this data presents a huge opportunity for cycling superfans to develop closer, and more intimate engagements with the sport and their favourite teams and riders. Finnex hardware trading. Velon has close access to these opportunities – the teams they represent generate terabytes of raw data every year.Velon’s goal was to capture, transform, and deliver this data to a global cycling audience of 565 million people.“We came up with this fascinating problem, which is how do you transmit thousands of data points per second out of a live sporting event while it moves from Bologna to Rome, all across the Alps and everywhere else,” remembers Bartlett.
“Pretty much everybody we explained it to except the guys at EY said, ‘Forget it. You can do that at a stadium – and even then it's difficult – but to do it in a bike race that moves 200 miles down the road every day?No chance.’ EY teams looked at it and said, "This is a fantastic Io T challenge.’" And if this crazy challenge could be overcome, EY and Velon would have the opportunity to give fans worldwide a first-class platform through which to directly engage with cycling – and create the foundations for a truly effective commercial cycling economy. Some people had sort of dipped their toe in this water a few years before, on a very small scale, but what we wanted to do was do it on a massive scale,” explains Bartlett.EY and Velon’s approach was to create an Io T solution that could collect the vast amounts of potential data from cyclists in races around the world, and turn it into interactive, revealing data highlights and stories, putting viewers at the heart of the race, and giving them deep insights into their favorite cyclists and teams through a dedicated app. “We wanted to show every rider and let people see them in ways that no one had ever done in any sport before, never mind road cycling.” Bringing together multiple teams from around the world, including the US, Australia, India, Denmark, and the UK, EY teams worked with Velon to create a platform that could achieve these aims. The digital experience could then become a new one-stop-shop for cycling fans everywhere, building and growing a large audience of cycling fans and potential consumers, and forming the foundation for a more sustainable cycling economic model. The solution had three parts: The first step was to find an Io T device that could collect the necessary data from the cyclists.This is a small device that is placed under the saddle of bikes in the professional peloton.The device captures critical information about the cyclists as they participate in races – all of which is both useful for the teams in tracking performance, and fascinating for fans to follow the progress of the race.
The information it provides includes: While it may be relatively easy to capture this data from a stationary exercise bike in a gym, out in the field for a sport in which races cover dozens of miles a day – often through remote countryside with limited connectivity – the logistics were staggering.To make matters worse, the devices also need to be removed and charged overnight.As races often continue for several days – and bike parts are changed regularly during that time – special care needs to be taken to ensure that each cyclist is paired with the correct device each morning to build up the correct aggregate race data. Azewa trading kurma sdn bhd. With data becoming ever more fundamental to the sport, one error in refitting a device could create significant problems for the teams, organizers, broadcasters, and Velon alike – and potentially lose the trust of the fans.“It’s been an incredibly complicated technical challenge to get that information, and then do something sensible with it, that we can drive insight from, visualize, and show to consumers in a meaningful way,” says Michael Henry, Director, EY Analytics.“We’re taking vast amounts of information across bikes that move up to 100kmph, and they’re travelling across thousands of miles for eight hours at a time.