Grande impacto de tecnologias no fitness
@BryanKORourke October 2020 Brazil
@bryankorourke
bryankorourke@gmail.com
“ODAVAD”
“HYBRIDIZATION”
On Demand Anywhere Virtual Anytime Digital Fitness
http://bit.ly/BKO2030
Big Tech’s Impact
CONVERGENCE OF 5 MEGATRENDS
DRIVING INDUSTRY CHANGE NARRATIVE
An interconnected
multi-cultural world.
Changing
demography with an
aging population.
Increasingly
empowered and
knowledgable buyers.
Always on and
connected with more
intelligence.
Sustainability and the
fourth industrial
revolution.
ConsumersGlobalism Demographics Technologies Economics
TREND NARRATIVE - CONVERGENCE
Health & Education Industries Most Impacted
COVID19 Accelerated Trends
Convergences Already There
O P P O R T U N I T Y & C H A L L E N G E S
A DIFFERENT FUTURE
INDUSTRY
2007
ALWAYS ON
BIG TECH
IT ALL REALLY
STARTED WITH
THE MOBILE
INTERNET
2020 BIG TECH ACCESS EVERYWHERE
@bryankorourke 2019 13
BIG TECH ABOUT TO CHANGE AGAIN
ALWAY ON CHEAPER AND FASTER
How People Buy Things Has
Changed A LOT
WORK TRENDS PRE-COVID
@IHRSA BRAZIL $2.17 BILLION USD
29,525 CLUBS 10.3 M MEMBERS
4.92% PENETRATION RATE
OVER 1.2B FITNESS APP USERS
GLOBALLY DOUBLE DIGIT GROWTH
AT HOME AND ON THE GO FITNESS
NOOM HAS 50M USERS
NOT JUST FITNESS NEW TYPES OF APPS
TECHNOLOGIES HAVE BEEN HARMFUL
TO OUR HEALTH - BACKLASH
The newly released  2019 Edelman Trust Barometer  reveals that  trust has changed
profoundly in the past year, with “my employer” emerging as the most trusted
institution. Globally, “my employer” (75 percent) is significantly more trusted than
NGOs (57 percent), business (56 percent), government (48 percent) and media (47
percent).
MOST TRUSTED BRANDS TECHNOLOGY
https://www.visualcapitalist.com/the-most-loved-brands/
What Is Your Gym Business Becoming ?
How Should You Think About It ?
TECH VISION
Industry Drivers
Current Industry State &
What Industry Exactly ?
Environment For Capital - M&A Strong
TECH ASSET BUBBLE
$50B VALUATION
TECH ASSET BUBBLE
$18.5 Billion Valuation 2 Million Users
Underlying Economics Don’t Justify Value
$150 M MapMyFitness 2013
$85 M Endomondo $475 M MyFitnessPal 2015
Never Made A Nickel
NO LONGER A GROWTH STOCK
VALUE $4.5 Billion
CONSOLIDATORS
Digital Fitness Has
Little Impact On
Gym Usage
10%
Top Brands Going Vertical
Owning The Member & Hybrids
More Global Industry
NEW DIFFERENTIATED MODELS
ADDING GROWTH
BUT STILL OVER PAYING
FITNESS PART OF A LARGER MARKETPLACE
competing for share of wallet
http://bit.ly/wellnessreport2018
NEW ALTERNATIVE
WELLBEING EXPERIENCES
FITNESS & WELLBEING ARE BEING
DELIVERED VIA MANY NEW CHANNELS
OPPORTUNITIES & THREATS
DIGITAL GROWTH | HUMAN VALUE
Hyper - Personalized
ALTERNATIVE AND NEW DIGITAL FITNESS
AND HEALTH EXPERIENCES
“We’re extremely interested in this area
(health care). And, yes, it is a business
opportunity. If you look at it, medical
health activity is the largest or second-
largest component of the economy,
depending on which country in the
world you’re dealing with.”
Tim Cook
Fortune Magazine Interview
September 2017
Apple Access To
Cheap Capital
Needs Continued Growth
Health is Apple’s next big arena
www.bryankorourke.com @bryankorourke
devices = data
= personalization
= services
"If you zoom out into the future, and
you look back, and you ask the
question, 'What was Apple's greatest
contribution to mankind?' It will be
about health.”
Tim Cook
Jim Cramer Interview
January 2019
Gangster Move Of 21st Century
Apple First Store 2001
Now Over 500 Stores in 25 Countries
MOST
TRUSTED
BRANDS ARE
TECHNOLOGY
BASED
https://www.visualcapitalist.com/the-most-loved-brands/
MOST
TRUSTED
BRANDS ARE
TECHNOLOGY
BASED
Global Smartwatch Market Revenue
up 20% in H1 2020, Led by Apple
“ODAVAD” “HYBRIDIZATION” TABLE STAKES
Apple Wants To Be In Health
Singapore Government Initiative
Not The End
Apple EcoSystem Expanding
Strategies To Excel
ECONOMIC PRESSURES OF DIGITIZATION
THE IOT
THE INTERNET OF EVERYTHING
FACIAL RECOGNITION
PAYMENT SYSTEMS A BIG DEAL
HYPER PERSONAL VOICE INTERFACE
VALUE WHAT IS HUMAN - SPORTS
VALUE WHAT IS HUMAN - GROUP FITNESS
VALUE WHAT IS HUMAN - EVENTS
VALUE WHAT IS HUMAN - GROUP FITNESS
VALUE WHAT IS HUMAN - COACHING
OPPORTUNITY
DIFFERENTIATE YOUR
OFFERINGS
OPPORTUNITY
MAKE YOUR EXPERIENCE
100% EASIER
CONVENIENCE IS THE
NEW CURRENCY
“FRICTIONLESS USER EXPERIENCES :
DIGITAL CONVENIENCE” -
IN CLUB TECH & OMNI-CHANNEL
GAMIFICATION
IMMERSIVE SCREEN EXPERIENCES
OUTSTANDING SERVICE
HIGH TECH HIGH TOUCH
01 02 03
ASSESSMENT
WHERE IS YOUR
BUSINESS REALLY
TODAY ?
MINDSET
HOW DO YOU SEE THE
WORLD ?
USER X
ARE YOU ALIGNED TO
THE 4 PILLARS OF
EXCEPTIONAL UX ?
04
ECONOMICS
DO YOU HAVE A
SUSTAINABLE BUSINESS
MODEL ?
05
EXECUTION
ARE YOU EMBRACING
THE 4 PILLARS OF
EXECUTION ?
HAVE A REAL STRATEGY : CHOICES
1. OBJECTIVE ASSESSMENT
E
N
3. USER EXPERIENCE
Are You Integrating The
Keys To Excellent UX ?
2. MINDSET
How Do You See The World
And What Do You Believe ?
5. EXECUTION ENGINES
Are You Focusing On The 4
Pillars Of Execution ?
4. NEW ECONOMICS
What Is Your True
Business Model ?M
U
DEFINE YOUR
THE MUNE MATRIX
CONTROLLING TO
EMPOWERING
PLANNING TO
EXPERIMENTATION
PRIVACY TO
TRANSPARENCY
PREDICTABLE TO
UNPREDICTABLE
PROFIT TO
PURPOSE
HIERARCHIES TO
NETWORKS
CHALLENGE THE ‘WHY’ BEHIND YOUR MINDSET
RETHINK STRATEGY RESOURCES TO CHECK OUT
Hyper-Personal Frictionless Strategic Experience Omni-Channel
1 2 3 4
FOUR INTERCONNECTED KEYS TO EXCELLENT UX
Michael Doe
IMAGE
PLACEHOLDER
Jeniffer Thompson
IMAGE
PLACEHOLDER
Erica Doe
AUTOMATION
ENTERPRISE
PLATFORMS
SENSORS AND
DATA
HUMAN CAPITAL
EXECUTION ENGINES IMPROVE EXPERIENCE LOWERS COST = SUSTAINABLE
HOW WILL YOU COMPETE IN THE FUTURE ?
TECHNOLOGY EXECUTION ENGINES
MARKETING AND SERVICE AUTOMATION
EMBRACE ENTERPRISE NON-SILO’D SYSTEMS
CONSOLIDATION OF PLAYERS UNDERWAY
OPPORUNITY
AUTOMATE KEY FUNCTIONS
HIGH TECH HIGH TOUCH
INVEST IN A TRAIN GREAT PEOPLE
FINDING TALENTED PEOPLE AND CREATING NEW BUSINESS
MODELS AROUND THEM BE KEY
GREAT CULTURE & TALENT
DISRUPTION IN THE ERA
OF MASS ACCELERATION
LEARN FROM OTHER INDUSTRIES
http://www.fittechcouncil.org/podcast/
FITNESS PLUS TECHNOLOGY PODCAST
GO DIGITAL WHILE BECOMING
EVEN MORE HUMAN
DON’T FORGET THE WHY. IN A WORLD OF GREAT
CHANGE YOU MAKE THE WORLD A BETTER PLACE
Thank you @bryankorourke
bryankorourke@gmail.com

The Impact Of Big Technology Companies On The Health And Fitness Industry 2020