(MTRX:TSXV; RACMF:OTCQB) (the “Company” or
“Loop”), is pleased to announce the Company has partnered with Data
Clymer to provide Loop’s real-time data collection, insights and
engagement solutions to Data Clymer’s growing list of clients,
including its leading clients in professional sports and live
entertainment.
PARTNERSHIP WITH DATA CLYMER SOLVES MAJOR
REAL-TIME DATA ANALYTICS ISSUES FOR PRO SPORTS TEAMS, LEAGUES,
STADIUMS, AND VENUE HOSTS BY PROVIDING ACCESS TO LOOP INSIGHTS
SOLUTIONS
Data Clymer has significant experience in live
sports and entertainment, including clients in Major League
Baseball and the National Football League that are now demanding
more flexibility with their data and analytics systems.
Specifically, current “black-box” customer data platforms are
creating bottlenecks for organizations, leading to a poor customer
experience including:
- Information stuck in data silos
- Slow “time-to-insights”
When integrated with Data Clymer’s existing
technologies, Loop Insights will provide its solution for
professional sports teams, leagues, stadiums, and venue operators
seeking to aggregate and action the countless data points generated
by today’s live sports and entertainment venues.
Aron Clymer, Founder & CEO of
Data Clymer stated, “As a leader in the business intelligence and
data space, Data Clymer prides itself in guiding organizations to
leverage the full value of their data. We are confident Loop’s
products and services will greatly enhance the abilities of our
clients in live sports and entertainment as they seek to unify and
aggregate their data points to provide a revolutionary in-stadium
experience.”
Data Clymer is a full-service data consulting firm
that implements technologies such as Snowflake, Matillion,
Fivetran, Looker, Sigma, and Tableau, and now includes Loop’s
real-time data collection, insights, and engagement solutions.
Loop Insights CEO Rob Anson
stated, “The importance and validation of this partnership can best
be understood by a recent testimonial of the San Francisco Giants
who stated ‘Our partnership with Data Clymer is the single best
decision we made in our efforts to ramp up our analytics efforts’.
This key partnership puts Loop alongside a very elite list of Data
Clymer partners that includes top tech solution providers such as
Snowflake, Looker, Tableau and many others. Loop’s ability to
provide real-time interoperable POS data connectivity for venue
owners and operators has brought a great deal of interest within
the sports and entertainment industry as of late. With this Data
Clymer partnership, we anticipate Loop will benefit from and
experience an entirely new level of growth in revenue and scale
within the sports and entertainment vertical.”
DATA CLYMER PARTNERSHIP WILL BOLSTER
OFFERINGS IN USD$4.6-BILLION GLOBAL SMART STADIUM
MARKET
According to Markets and Markets, the global smart
stadium market grew to USD$4.6-billion in 2018 and is expected to
reach USD$12.5-billion by 2023, representing a Compound Annual
Growth Rate (CAGR) of 22.1%. Loop’s data solutions provide venue
hosts with a means of aggregating the most important customer
information available in order to generate actionable insights,
engage with their customers in real-time, and optimize its
operations.
The growth of the smart stadium market has been
driven by the advancements in stadium technologies, which have
improved vastly to provide owners with countless data points,
including information accrued from tickets, concession sales,
retail transactions, parking, accommodations, and more services
offered in association with live events.
Through Loop’s data solutions, venues are able to
aggregate these siloed and disparate data sets into one complete
dashboard, providing hosts with actionable insights that can be
used to engage in real-time with their customers to improve the
overall fan experience.
This Press Release Is Available On The Loop
Insights Verified Forum On AGORACOM For Shareholder Discussion And
Management Engagement
https://agoracom.com/ir/LoopInsights/forums/discussion
About Data Clymer Data Clymer
(www.dataclymer.com) is a boutique consulting firm specializing in
data culture transformation. The company’s proven methodology
includes full data warehouse stack implementation, data
democratization, custom training, and analytics to enable
data-driven decisions across the organization.
About Loop Insights Loop Insights
Inc. (www.loopinsights.ca) is a Vancouver-based Internet of Things
(“IoT”) technology company that delivers transformative automated
marketing and contactless payment solutions built on artificial
intelligence (“AI”) to the brick and mortar space. Its unique IoT
device, Fobi, enables data connectivity across online and
on-premise platforms to provide real-time, detailed insights and
automated, personalized engagement. Its ability to integrate
seamlessly into existing infrastructure, and customize campaigns
according to each vertical, creates a highly scalable solution for
its prospective global clients that span industries. Loop Insights
operates in the telecom, casino gaming, sports and entertainment,
hospitality, and retail industries, in Canada, the US, the UK,
Latin America, Australia, Japan, and Indonesia. Loop’s
products and services are backed by Amazon’s Partner
Network.
For more information, please
contact:
Loop Insights Inc. |
|
LOOP Website: www.loopinsights.ai |
Rob Anson, CEO |
|
Facebook: @ LoopInsights |
T : +1 877-754-5336 Ext. 4 |
|
Twitter: @ LoopInsights |
E: ir@loopinsights.ai |
|
LinkedIn: @ LoopInsights |
This news release contains certain statements that
constitute forward-looking statements or information, including
statements regarding Loop’s business and technology; the ability of
Loop to engage with industry participants to achieve its goals; the
development of Loop’s technology; and the viability of Loop’s
business model. Such forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond Loop’s
control, including the impact of general economic conditions,
industry conditions, competition from other industry participants,
stock market volatility, and the ability to access sufficient
capital from internal and external sources. Although Loop believes
that the expectations in its forward-looking statements are
reasonable, they are based on factors and assumptions concerning
future events which may prove to be inaccurate. Those factors and
assumptions are based upon currently available information. Such
forward-looking statements are subject to known and unknown risks,
uncertainties, and other factors that could influence actual
results or events and cause actual results or events to differ
materially from those stated, anticipated, or implied in the
forward-looking statements. As such, readers are cautioned not to
place undue reliance on the forward-looking statements, as no
assurance can be provided as to future results, levels of activity
or achievements. The forward-looking statements contained in this
news release are made as of the date of this news release and,
except as required by applicable law, Loop does not undertake any
obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information,
future events or otherwise. The forward-looking statements
contained in this document are expressly qualified by this
cautionary statement. Trading in the securities of Loop should be
considered highly speculative. There can be no assurance that Loop
will be able to achieve all or any of its proposed objectives.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this release.
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