IU Incubator Fan Trend Tracker
Fan Trend Tracker: A New AI System for Large-Scale Analysis of Attitudes, Sentiments and Consumption Trends in the Sports Sector
Project Description
The rapid proliferation of various digital platforms has resulted in an unprecedented volume of structured and unstructured data available through API’s concerning consumer attitudes, behaviors, preferences, and sentiments. As consequence, companies, organizations and institutions across almost all sectors face one similar problem: how to deal with the abundance of structured and unstructured data available online relevant to their sectors, how to integrate such heterogeneous data, and analyze them in a manner that allows for a clear understanding and actionable solutions.
Therefore, the main goal of our incubator project is to develop a novel framework and create an AI-powered system to make sense of the vast amount of structured and unstructured consumer data available and transform it into clear and understandable insights and actionable recommendations. Importantly, it will track the evolution of sentiments, attitudes, trends, and consumer behavior over time while maintaining consumer privacy.
In specific, the central aim of the proposed incubator project is twofold:
(1) develop a novel advanced analytic and predictive framework and system using artificial intelligence to identify, crawl and process large-scale structured and unstructured data systematically. The system will focus on centralizing and converting diverse publicly available datasets on several API’s (e.g. engagement metrics, social media comments, behavioral meta-data) into actionable insights, enabling the identification, interpretation, and forecasting of trends in consumer attitudes, preferences, and behaviors (e.g. sentiment and topic analysis, predictive analysis, cross-consumer group comparisons).
(2) apply, test and refine the framework and smart system through a “case project” in the sports sector (e.g. professional German football club or competition, such as the Bundesliga), revealing relevant consumer (fans) insights to stakeholders in the sector, and academics in the field of consumer behavior.
Specifically, the project seeks to address the following research questions:
How do sentiment patterns related to specific entities (e.g., individuals, brands, products, or teams) evolve in response to external events, and can these patterns reliably predict future shifts in public opinion and consumption behaviors?
What hidden or previously undetected connections exist between seemingly unrelated topics or events across different digital platforms, and how can these connections reveal deeper insights into underlying attitudes and consumption patterns?
How can predictive analytics effectively categorize fan preferences and behaviors, and what implications do these preference clusters have for targeted communication strategies and consumer engagement?
Duration of the Project
2 years
Additional Information
IU Incubator
Prof. Dr. Francisco Tigre Moura
Professor of Marketing
Holds a PhD in Marketing from the University of Otago (New Zealand) and has worked since 2013 as Professor of Marketing at IU International University of Applied Sciences, Germany. Founder of LiveInnovation.org, a research and education website which, among other topics, discusses the use of artificial intelligence in the entertainment sector, with several papers published in academic journals and conferences related to artificial intelligence, consumer behavior, and creativity.
Prof. Dr. Visieu Lac
Professor for Finance and Machine Learning
Holds a PhD in Physics from the University of Melbourne (Australia). Before joining the IU in 2011, he worked as a consultant for multinational banks, developing predictive models for credit risk, structured finance, and asset-backed securities management. At IU, he serves as the Head of Machine Learning and also teaches courses in finance and investment. His current research explores the transformative potential of natural language processing in business management and finance, bridging the gap between AI and real-world applications.
Prof. Dr. Francisco Tigre Moura (francisco.tigre-moura@iu.org)
Prof. Dr. Visieu Lac (visieu.lac@iu.org)
