UFC Lands Major Tech Deal With IBM
UFC and IBM have partnered up.
UFC x IBM
IBM is a leading provider of global hybrid cloud and AI. As they put it, help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. they deals with USTA/U.S. Open, the Masters, Wimbledon and the Ferrari F1 team. Now, UFC has been added to that list.
“This partnership with IBM is one of the most significant milestones for UFC and a game changer for how fans will experience our sport,” said Grant Norris-Jones, Head of Global Partnerships at TKO. “IBM is an iconic blue-chip, global brand with decades of experience in sports marketing. Together, we’re pioneering a product to revolutionize analytics and information in live sports. This partnership marks a pivotal win, not only for UFC and IBM, but also for fans around the world who will experience our sport in a whole new way.”
“Data and AI solutions like UFC Insights Engine built with IBM watsonx can offer current fans entirely new ways to connect with their favorite athletes and sports, while also building excitement among new generations of MMA fans,” said Jonathan Adashek, Senior Vice President of Marketing and Communications at IBM. “Leveraging watsonx and our Granite models also allows UFC to enhance its digital operations and to harness the power of its extensive library of match data – all to the benefit of current and future fans.”
“IBM watsonx is synonymous with AI, and they have been leading the charge in this space from the beginning,” said Alon Cohen, Senior Vice President, UFC Research and Development. “UFC has been working on the concept of the Insights Engine for several years, and now we finally have the right partner in IBM with the depth of expertise in AI to bring it to life. We’re looking forward to rolling this out to our fans in the months ahead.”
According to Sports Business Journal, one source familiar with the deal put it at low eight figures over a four-year term.
H/T IBM
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