02.07.2020 SPORTTOTAL AG  DE000A1EMG56

DGAP-News: SPORTTOTAL AG: More than just a platform: sporttotal creates its own AI-based camera system


 

DGAP-News: SPORTTOTAL AG / Key word(s): Market launch
SPORTTOTAL AG: More than just a platform: sporttotal creates its own AI-based camera system

02.07.2020 / 11:03
The issuer is solely responsible for the content of this announcement.



Corporate News
More than just a platform: sporttotal creates its own AI-based camera system

- Development of sporttotal's own 180 camera system

- Centrepiece of the technology is artificial intelligence

- sporttotal establishes itself as an independent technology and media company

Cologne, 2 July 2020. sporttotal.tv gmbh, one of Europe's largest multi-sport streaming platforms and a wholly owned subsidiary of SPORTTOTAL AG, has developed its own compact camera system based on artificial intelligence. sporttotal is positioning itself independently for the future with the new 180 camera and, starting with the new season, will be broadcasting events from an even wider range of different sports. The centrepiece of the technology is artificial intelligence (AI) developed by Berlin-based sporttotal Development Lab and geared specifically to live operation. In combination with the technical preconditions of the camera, this AI, with its extremely efficient and high performance image processing, will form the basis of almost all sport broadcasting on sporttotal. sporttotal now manages the entire value chain itself as an independent technology company.

Technical features: new camera broadcasts in full HD
Together with its integrated AI software, the new camera allows all games to be broadcast on a completely automated basis for the first time in full HD. By using various AI algorithms, sports events can be fully shown and streamed autonomously, automatically or manually via cloud management. The artificial intelligence identifies different situations in the games on its own. Virtually latency-free implementation enables the seamless broadcasting of games in all known ball sports and allows the product to be used additionally for gambling platforms. This has put sporttotal in the top league of qualitative automated sports coverage. The weatherproof camera which stands a mere 16 cm high will be equipped with several individual lenses. It will be installed on a mast, the roof of stadium or in a sports building at the height of the centre line. With a horizontal view of more than 180 , the game can be fully encompassed and analysed by AI. Since the launch of the sporttotal.tv live streaming platform, the company has produced and processed almost 20,000 live streams from eight different sport disciplines with more than 35,000 hours of material from professional and amateur sport, a stellar result in Europe.

sporttotal's future direction heading for success
Kasar Masood, sporttotal's Vice President Digital Technology: "Developing our own camera is a huge step for us. It makes us independent of suppliers while going even further by setting a new benchmark in automated sports coverage. We are very proud of having developed our own camera system within such a short space of time."

Dr. Caroline Päffgen, sporttotal's Director: "With the development of sporttotal's own camera system, which is so forward-looking for the company, we have immediately holistically positioned ourselves as a technology company. This has enabled us to reduce our costs as well as to generate new sources of revenue from white labelling potential."

About SPORTTOTAL AG:
SPORTTOTAL AG (ISIN: DE000A1EMG56), headquartered in Cologne, is a technology and media company on a growth path in the rapidly scalable digital business with video platforms and communities (DIGITAL), in the high-margin national and international project business (VENUES), as well as in the live events business (LIVE). The company, which was founded in 1979, operates a high-traffic portal with strong growth for online sport videos and live streaming. The company equips sports clubs with special camera technology which enables sports events to be transmitted live in a high quality and fully automatically on "sporttotal". SPORTTOTAL AG's service portfolio also comprises the technical equipping of racing circuits and sports facilities, as well as the production and marketing of sports events such as the ADAC TOTAL 24-Hour Race at the Nürburgring. In addition, SPORTTOTAL AG also produces content for prestigious companies such Porsche, Audi, Mercedes/AMG, Red Bull and VW and organises high-calibre live events such as the Porsche Experience.
For more information: www.sporttotal.com

SPORTTOTAL AG
Am Coloneum 2
50829 Cologne
Germany
www.sporttotal.com
Tel: +49 (0) 221_7 88 77_ 0
Fax: +49 (0) 221_7 88 77_ 199
[email protected]

Investor Relations
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
Tel: +49 (0) 177_7 21 57 60
[email protected]




 


02.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: SPORTTOTAL AG
Am Coloneum 2
50829 Köln
Germany
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail: [email protected]
Internet: www.sporttotal.com
ISIN: DE000A1EMG56
WKN: A1EMG5
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1084647

 
End of News DGAP News Service

1084647  02.07.2020 

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INVESTOR-INFORMATIONEN
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Sporttotal
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1EMG5 0,900 Verkaufen 30,64
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0,00 0,00 0,00 -3,41
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in %
Hauptversammlung
0,00 0,00 0,00 22.06.2023
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29.09.2023 30.04.2024
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