One of the hottest topics in the fitness equipment industry right now is how digital technology can be used to help keep users engaged and motivated during workouts.
Ever wanted your own coach like an elite sportsperson? Well that could now be a reality following an announcement from Technogym. Technogym, one of the world’s
Technology is already changing the way we live and work and it’s also changing the way we keep fit.
An example is the group cycling class
What Record Did They Break? On Saturday 26th November 2016 Technogym broke the Guinness World record for 'most mechanical energy produced by pedalling on static bicycles in one hour'.
This took place in Dubai and involved 300 cyclists pedalling on 105 Group Cycle bikes. They each pedalled in shifts lasting 20 minutes each. They managed to amass an incredible energy output of 8999kWh.
Technogym also turned the world’s tallest building-the Burj Khalifa into the world’s tallest fitness console. They achieved this by using their MyWellness cloud platform to project the energy being produced in real time on the outside of the building.
Increasing membership, for the first time in the British Cycling’s organisation history, its membership has surpassed 125,000 with a staggering 75,000
Life Fitness began 40 years ago when they produced the first electronic piece of fitness equipment, the LifeCycle exercise bike. Now they offer over 400 different products used around the world in both commercial and home gyms.
The Life Fitness portfolio includes Mariner outboard engines, Life Fitness Hammer Strength and Cybex fitness equipment, to name just a few. The exercise bike development has continued with the introduction of the Lifecycle GX, biomechanically designed to create an amazing cycling workout. This bike has been built to last and boasts a bold rear flywheel design.
Life Fitness has had a relationship with ICG for the past 5 years as both companies work in the area of indoor cycling and clearly there has been mutual respect. As the Life Fitness President Chris Clawson
The UK country manager for SportsArt, Roger Eldergill, says “self-powered bikes and steppers have been around for a long time, but it’s the advent of self-powered treadmills that’s really exciting”. With NOHrD, Primal Strength and Woodway now launching self-powered treadmills it seems this piece of equipment will continue to increase in popularity.
Technogym and Matrix do not only have the desire to be environmentally friendly but are both heavily interested in the sports performance capabilities, something that is clearly evident from the marketing of their new products. The users of this equipment can combine the four aspects of power, speed, stamina and agility training, at the same time.
The SkillMill treadmill is being positioned as the ideal piece of equi
Technogym was priced at 3.25 Euros per Share, Technogym has priced an all secondary public offering of 25 per cent of its capital at 3.25 euros a share. This offer was four times oversubscribed and gaves the company an instant market capitalisation of about 650 million euros.
Whether Technogym will see this rise on the back of strong earnings and it's exclusive partnership with the Olympic Games since Sydney 2000 remains to be seen.
Technogym was founded in 1983 and is now present in over 100 countries around the world. A staggering 35 million people regularly use their fitness products. Fitness equipment includes the latest MYRUN