4GLOBAL and EuropeActive launch global datahub

RNS Number : 5118Z

4GLOBAL PLC

15 September 2022

 

15 September 2022

4GLOBAL PLC

("4GLOBAL" or the "Company")

4GLOBAL and EuropeActive announce launch of global datahub

4GLOBAL, a UK-based data, services and software company focused on sport and the promotion and measurement of physical activity, is delighted to announce the expansion of its DataHub into mainland Europe in conjunction with EuropeActive.

EuropeActive represents a sector that generates revenues of more than EUR €28.2 billion annually, with over 64,000 facilities used by more than 64 million customers in Europe. Its main goal is the fight against inactivity, through its long-term focus on the continuous development of the sector through its work with EU Institutions, national associations, fitness operators and suppliers.

The launch follows a recent successful trial in collaboration with a select group of EuropeActive's mainland Europe fitness operators, including Basic Fit and SATS. As a result, 4GLOBAL's DataHub will now be rolled out to gather and analyse data across the European fitness sector.

4GLOBAL's European DataHub will support business growth and provide operators through its Social Value Calculator product ("SVC") with insights which allow investments to be properly targeted towards communities that need it and will benefit the most.

4GLOBAL's SVC is already widely and successfully used in the UK.

Data gathered from the rollout will be used to create a European version of the SVC with findings presented at next year's European Health and Fitness Forum.

Andreas Paulsen, CEO of EuropeActive, commented: "We're excited to have initiated the visionary European DataHub project with EuropeActive's key partners at this transformative time in our sector's history. We're eager to see the benefits and insights this innovative tool will bring to businesses and communities across the Continent. With market uncertainty and volatility increasing as a consequence of the pandemic, inflation, energy costs, disrupted supply chains and labour shortages, it is vital to have a comprehensive understanding of the landscape in front of our sector's businesses. The European DataHub will help our stakeholders take fact-based, informed decisions on their onwards development."

Eloy Mazon, 4GLOBAL's CEO said: "The rollout of the DataHub in mainland Europe is an important milestone for us. As more and more operators join the scheme and pool their data, vital information will be generated highlighting the health benefits of increased physical activity in the population. Data generated will also help both sports event organisers and fitness operators target their marketing with the objective of optimising health outcomes."

For further information please contact:

4GLOBAL   Eloy Mazon (CEO)	c/o IFC Advisory
Spark Advisory Partners - Nominated Adviser   Neil Baldwin	0203 368 3554
Oberon Capital - Broker   Michael Seabrook, Adam Pollock, Chris Crawford	0203 179 5300
IFC Advisory   Graham Herring / Zach Cohen	0203 934 6630  07793 839 024

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