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World Triathlon Corporation

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The World Triathlon Corporation ( WTC ) is a sports event promotion company owned by conglomerate Advance Publications , that produces the Ironman Triathlon , Ironman 70.3 , the 5150 series of triathlon races, and other sports events.

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77-711: In December, 1989, Dr. James P. Gills and David Voth acquired and purchased the Hawaii Triathlon Corporation, owner of the Ironman Brand, for $ 3 million from Valerie Silk. Voth was the CEO from 1989 to 1993 followed by David Yates then Lew Friedland in the CEO role. With the Ironman brand, Gills and Voth established the World Triathlon Corporation with the intention of furthering the sport of triathlon and building

154-420: A definition of Langefors , is a technologically implemented medium for recording, storing, and disseminating linguistic expressions, as well as for drawing conclusions from such expressions. Geographic information systems , land information systems, and disaster information systems are examples of emerging information systems, but they can be broadly considered as spatial information systems. System development

231-527: A discipline has been evolving for over 30 years now, the core focus or identity of IS research is still subject to debate among scholars. There are two main views around this debate: a narrow view focusing on the IT artifact as the core subject matter of IS research, and a broad view that focuses on the interplay between social and technical aspects of IT that is embedded into a dynamic evolving context. A third view calls on IS scholars to pay balanced attention to both

308-556: A full Ironman distance race in Cairns, Australia called Challenge Cairns. Challenge, a rival to the Ironman brand, did not wish to have WTC running one of the Challenge family of races. As a result, Challenge terminated its contract with USM and Challenge Cairns subsequently became Ironman Cairns. The purchase of USM Events expands WTC's Asia-Pacific triathlon market. The purchase would have placed WTC into International Triathlon Union racing with

385-741: A multi media and global brand presence. By increasing prize money for both male and female triathletes and developing the Ironman World Series including new associated and licensed IronMan races, IronMan was launched into the mainstream of sports. Ben Fertic, formerly Vice President of Information Systems , joined WTC in 2000 and was involved in the business operations and day-to-day decision making for WTC. Fertic became CEO of WTC in 2004. During Fertic's tenure as VP, he created Ironman Live, an online presence of Ironman Triathlon, and transformed WTC into an event production company. In 2007, WTC undertook expansion in producing Ironman events internally, with

462-447: A number of different careers: There is a wide variety of career paths in the information systems discipline. "Workers with specialized technical knowledge and strong communications skills will have the best prospects. Workers with management skills and an understanding of business practices and principles will have excellent opportunities, as companies are increasingly looking to technology to drive their revenue." Information technology

539-525: A quadrupling of Providence's investment in the WTC. A Wanda Group press release stated that the World Triathlon Corporation's gross revenue has risen at a compounded average growth rate of 40% for four years straight. Net profit has grown at 40% a year. Wanda Group has announced plans to bring Ironman races to China in the future, citing the events have been hosted in over 20 countries worldwide but none yet in China. This

616-445: A ranking for the national teams mixed relay. Each ranking has a slightly different point system but all are calculated via a rolling calendar, by taking a set number of the highest scoring results from the previous 52 weeks and adding them to a set number of the highest scoring results from the 53 to 104 weeks previous. Each races maximum score is decided by the ITU's ranking criteria and then

693-454: A semi- formal language which supports human decision making and action. Information systems are the primary focus of study for organizational informatics. Silver et al. (1995) provided two views on IS that includes software, hardware, data, people, and procedures. The Association for Computing Machinery defines "Information systems specialists [as] focus[ing] on integrating information technology solutions and business processes to meet

770-665: A series of world competitions at different distances from chained sports derived from the triathlon it manages, such as duathlon, aquathlon, cross-triathlon, winter triathlon and paratriathlon. In June 2017, following the renewal of the federal application, the International Olympic Committee included a third triathlon event on the 2020 Tokyo Olympic Games, the mixed team relay. With the men's and women's short-distance triathlon events, three triathlon events offer Olympic titles to triathletes. By joining other sports who practice these forms of mixed events, this approach within

847-420: A special form of IS that support all managers of the organization. They provide rapid access to timely information and direct access to structured information in the form of reports. Expert systems attempt to duplicate the work of human experts by applying reasoning capabilities, knowledge, and expertise within a specific domain. Information technology departments in larger organizations tend to strongly influence

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924-595: Is (or should be) used, along with others, as a point of reference for promotion and tenure and, more generally, to evaluate scholarly excellence. A number of annual information systems conferences are run in various parts of the world, the majority of which are peer reviewed. The AIS directly runs the International Conference on Information Systems (ICIS) and the Americas Conference on Information Systems (AMCIS), while AIS affiliated conferences include

1001-478: Is a scientific field of study that addresses the range of strategic, managerial, and operational activities involved in the gathering, processing, storing, distributing, and use of information and its associated technologies in society and organizations. The term information systems is also used to describe an organizational function that applies IS knowledge in the industry, government agencies, and not-for-profit organizations. Information systems often refers to

1078-426: Is a work system in which activities are devoted to capturing, transmitting, storing, retrieving, manipulating and displaying information. As such, information systems inter-relate with data systems on the one hand and activity systems on the other. An information system is a form of communication system in which data represent and are processed as a form of social memory. An information system can also be considered

1155-703: Is done in stages which include: The field of study called information systems encompasses a variety of topics including systems analysis and design, computer networking, information security, database management, and decision support systems. Information management deals with the practical and theoretical problems of collecting and analyzing information in a business function area including business productivity tools, applications programming and implementation, electronic commerce, digital media production, data mining, and decision support. Communications and networking deals with telecommunication technologies. Information systems bridges business and computer science using

1232-445: Is generally interdisciplinary concerned with the study of the effects of information systems on the behaviour of individuals, groups, and organizations. Hevner et al. (2004) categorized research in IS into two scientific paradigms including behavioural science which is to develop and verify theories that explain or predict human or organizational behavior and design science which extends

1309-403: Is important to the operation of contemporary businesses, it offers many employment opportunities. The information systems field includes the people in organizations who design and build information systems, the people who use those systems, and the people responsible for managing those systems. The demand for traditional IT staff such as programmers, business analysts, systems analysts, and designer

1386-644: Is in reference to the Hawaiian Island that the Ironman Championship is held on each year. The magazine was started under former World Triathlon Corporation CEO Ben Fertic. Under CEO Andrew Messick, WTC sought to focus solely on the Ironman brand of races and move away from publishing. In May 2012, WTC sold LAVA to a group of investors that included LAVA publisher John Duke, Active.com 's CEO Dave Alberga and president Matt Landa, as well as former hedge fund manager Matthew Michelsen. Additionally, as part of

1463-571: Is known as " information services ". Any specific information system aims to support operations, management and decision-making . An information system is the information and communication technology (ICT) that an organization uses, and also the way in which people interact with this technology in support of business processes. Some authors make a clear distinction between information systems, computer systems , and business processes . Information systems typically include an ICT component but are not purely concerned with ICT, focusing instead on

1540-701: Is known as the information technology platform. Information technology workers could then use these components to create information systems that watch over safety measures, risk and the management of data. These actions are known as information technology services. Certain information systems support parts of organizations, others support entire organizations, and still others, support groups of organizations. Each department or functional area within an organization has its own collection of application programs or information systems. These functional area information systems (FAIS) are supporting pillars for more general IS namely, business intelligence systems and dashboards . As

1617-515: Is significant. Many well-paid jobs exist in areas of Information technology. At the top of the list is the chief information officer (CIO). The CIO is the executive who is in charge of the IS function. In most organizations, the CIO works with the chief executive officer (CEO), the chief financial officer (CFO), and other senior executives. Therefore, he or she actively participates in the organization's strategic planning process. Information systems research

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1694-505: Is the bridge between hardware and people. This means that the data we collect is only data until we involve people. At that point, data becomes information. The "classic" view of Information systems found in textbooks in the 1980s was a pyramid of systems that reflected the hierarchy of the organization, usually transaction processing systems at the bottom of the pyramid, followed by management information systems , decision support systems , and ending with executive information systems at

1771-546: The Association for Information Systems (AIS), and its Senior Scholars Forum Subcommittee on Journals (202), proposed a list of 11 journals that the AIS deems as 'excellent'. According to the AIS, this list of journals recognizes topical, methodological, and geographical diversity. The review processes are stringent, editorial board members are widely-respected and recognized, and there is international readership and contribution. The list

1848-567: The Hamburg Marathon , Hawkes Bay International Marathon, Marathon de Bordeaux, Queenstown Marathon, Music Runs in Germany, the United Kingdom, France, Sweden and South Africa and several multisport events. WTC holds the rights to use the name "Ironman" for marketing purposes in association with contests consisting of swimming, biking, and running; which is used to license triathlon events around

1925-623: The International Triathlon Union (ITU) , is the international governing body for the multi-sport disciplines of triathlon , duathlon , aquathlon and other nonstandard variations . It is recognised as the international federation for the sport of triathlon and its derivatives by the International Olympic Committee , and it organises Olympic triathlon events on behalf of the IOC. In addition to regulating and setting

2002-802: The Pacific Asia Conference on Information Systems (PACIS), European Conference on Information Systems (ECIS), the Mediterranean Conference on Information Systems (MCIS), the International Conference on Information Resources Management (Conf-IRM) and the Wuhan International Conference on E-Business (WHICEB). AIS chapter conferences include Australasian Conference on Information Systems (ACIS), Scandinavian Conference on Information Systems (SCIS), Information Systems International Conference (ISICO), Conference of

2079-576: The 122nd IOC Session in World Triathlon's hometown of Vancouver. She was re-elected for a new four-year term in October 2012. The Canadian Loreen Barnett maintains its general secretary 3, with Sarah Springman named 1st vice-president and honorary member of the World Federation, hence in 2012 it was the only worldwide federation of an Olympic sport with an all-female management. In December 2016, Casado

2156-653: The 1920s, but it wasn't until the term triathlon was coined in 1974 in San Diego that triathlon exploded in popularity. This rapid development drew the attention of the International Olympic Committee (IOC), which initiated a discussion in 1988 to include it in the Olympic Games program. The then IOC President Juan Antonio Samaranch held a meeting in Stockholm, Sweden, with the intention of making triathlon an Olympic sport as soon as possible. At that meeting Canadian Les McDonald

2233-667: The 2013 Ironman World Championships. Challenge Aarhus was replaced by Ironman 70.3 Aarhus and debuted in June 2014. In January 2016 WTC acquired Lagardère Group 's endurance sports division. Lagardère was owners of ITU World Triathlon Series races in Hamburg, Abu Dhabi, Kapstadt, Leeds, and Stockholm. The acquisition also greatly expanded WTC's portfolio beyond triathlon adding several cycling events like Cyclassics Hamburg , Velothon Berlin , Velothon Wales, Velothon Copenhagen, Velothon Stockholm, Velothon Stuttgart as well as several running events like

2310-469: The African Triathlon Union, with most of the money to national federations allowing for support of organize events, as well as funding for athlete, coach and Technical Officials courses. Another is athlete scholarships to be given to young athletes that have shown talent but who need more support than their developing National Federation can give, allowing them to perform at an international level,

2387-496: The IT artifact and its context. Since the study of information systems is an applied field, industry practitioners expect information systems research to generate findings that are immediately applicable in practice. This is not always the case however, as information systems researchers often explore behavioral issues in much more depth than practitioners would expect them to do. This may render information systems research results difficult to understand, and has led to criticism. In

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2464-417: The ITU officially adopted the name World Triathlon. World Triathlon is structured into 5 continental regions, through which 172 national federations (the governing body of triathlon in each country) are affiliated to World Triathlon. Each region offers a Continental Championship and Continental Cup Series. In response to the 2022 Russian invasion of Ukraine , Europe Triathlon said that it strongly supported

2541-505: The Ironman brand were acquired by Chinese conglomerate Dalian Wanda Group . Wanda Group reached an agreement to purchase 100% of equity for $ 650 million and the assumption of debt from former owners Providence Equity Partners. Ironman had been in the hands of Providence for seven successful years after they purchased it in 2008. A source for the Wall Street Journal estimated that the WTC is valued at roughly $ 900 million and represents

2618-725: The Italian Chapter of AIS (itAIS), Annual Mid-Western AIS Conference (MWAIS) and Annual Conference of the Southern AIS (SAIS). EDSIG, which is the special interest group on education of the AITP, organizes the Conference on Information Systems and Computing Education and the Conference on Information Systems Applied Research which are both held annually in November. International Triathlon Union World Triathlon , previously known as

2695-610: The Olympic distance (later renamed to standard) was set at a 1.5-km swim, 40-km bike and 10-km run the distances were chosen as they were already present at the Olympics for each discipline individually. More than 800 athletes representing 40 countries competed in the first World Championships, and Canada's Les McDonald was elected as ITU's first president in 1989. ITU began the World Cup series in 1991, staging 11 races in eight countries. Triathlon

2772-668: The Sydney WTS race, but government officials in New South Wales took the option of not extending an agreement to continue staging the Sydney event due to the ongoing logistical and financial investment required. In June 2013, WTC purchased YWC Sports, a private company that organizes triathlons and endurance sport events in Denmark. YWC Sports was contracted by the Challenge Family to produce

2849-524: The World championship and World Cup races were 1,500m swimming, 40 km of bike and 10 km of running, these parameters were chosen from existing distances in swimming, cycling and running disciplines in the Olympic Games. This triathlon distance has become known as the standard distance in the world of triathlon. In 1994 to have a long-distance championship similar to Ironman Triathlon events but hosted by

2926-465: The acquisition of Ironman events based in the United States, from North America Sports, a company founded by Canadian Graham Fraser. Employees from North America Sports were expected to remain and manage these events, which included Ironman Coeur d'Alene, Lake Placid , Wisconsin, Florida, Arizona, Ironman 70.3 California, and Ironman 70.3 Florida. On May 31, 2011, WTC announced that Andrew Messick, who

3003-405: The athlete who comes first will earn that many points with each following athlete earning 7.5% less point than the athlete before them. In its founding year World Triathlon only ran the World triathlon championship, the following year it also began hosting the duathlon world championship. In 1991 the ITU started hosting a series of triathlon races as the triathlon World Cup. The distances chosen for

3080-449: The boundaries of human and organizational capabilities by creating new and innovative artifacts. Salvatore March and Gerald Smith proposed a framework for researching different aspects of information technology including outputs of the research (research outputs) and activities to carry out this research (research activities). They identified research outputs as follows: Also research activities including: Although Information Systems as

3157-664: The company. As part of the deal, Wanda would operate the events in China under a license agreement. On July 21, 2020, the sale was completed. In addition to the North American Sports acquisition in 2009 WTC has acquired several other event management companies and races. In February 2012 WTC purchased USM Events, owners of Australian triathlons in Geelong, Mooloolaba, and Noosa, as well as the Sydney World Triathlon Series (WTS) race. USM Events also owned and produced

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3234-437: The complementary networks of computer hardware and software that people and organizations use to collect, filter, process, create and also distribute data . An emphasis is placed on an information system having a definitive boundary, users, processors, storage, inputs, outputs and the aforementioned communication networks. In many organizations, the department or unit responsible for information systems and data processing

3311-650: The creation of the Ironman 70.3 series in 2005 and the 5150 series beginning in 2011. The WTC licenses the Ironman and Ironman Triathlon logo and other related marks to various corporations for use in their product lines. An example is the licensing to Timex Group USA of the Ironman Triathlon logo for use in the Timex Ironman watch line that includes the Timex Ironman Datalink series of GPS type watches. In March 2010, World Triathlon Corporation announced

3388-415: The data being used to provide information and contribute to knowledge. A computer information system is a system, which consists of people and computers that process or interpret information. The term is also sometimes used to simply refer to a computer system with software installed. " Information systems " is also an academic field of study about systems with a specific reference to information and

3465-462: The decision of the International Olympic Committee and World Triathlon to exclude Russian and Belarusian athletes and officials from organised European events, and to not organise international events in Russia or Belarus. World Triathlon has an ongoing effort to develop the sport especially outside of Europe and English speaking countries. One method is through development grants such as the recent one to

3542-581: The development, use, and application of information technology in the business. A series of methodologies and processes can be used to develop and use an information system. Many developers use a systems engineering approach such as the system development life cycle (SDLC), to systematically develop an information system in stages. The stages of the system development lifecycle are planning, system analysis, and requirements, system design, development, integration and testing, implementation and operations, and maintenance. Recent research aims at enabling and measuring

3619-541: The end goal of these scholarships is the athletes performing for their county at the Olympic games. One global development is the introduction of certifications for coaching and technical officials meaning that important events will be contested at the high level. World Triathlon publishes and maintains the World Rankings for the men's and women's competitions in both short and long course for triathlon and duathlon as well as aquathlon and winter triathlon races it also has

3696-468: The end-use of information technology . Information systems are also different from business processes. Information systems help to control the performance of business processes. Alter argues that viewing an information system as a special type of work system has its advantages. A work system is a system in which humans or machines perform processes and activities using resources to produce specific products or services for customers. An information system

3773-647: The event's general entry registration date. Members of this program would also receive a number of other benefits, such as a free subscription to its LAVA magazine and discounts at its shopironman.com website. The cost of membership into the Ironman Access program was US$ 1,000. However, a day later, in response to comments the WTC received via email and from comments received through Facebook , Ben Fertic, then CEO of WTC, appeared in an online video announcing that Ironman Access program would be rescinded , stating: "If you guys think we're wrong, we're wrong." As explained in

3850-568: The focus, purpose, and orientation, but also the dignity, destiny and, responsibility of the field among other fields. Business informatics is a related discipline that is well-established in several countries, especially in Europe. While Information systems has been said to have an "explanation-oriented" focus, business informatics has a more "solution-oriented" focus and includes information technology elements and construction and implementation-oriented elements. Information systems workers enter

3927-755: The human brain is not well suited, such as: handling large amounts of information, performing complex calculations, and controlling many simultaneous processes. Information technologies are a very important and malleable resource available to executives. Many companies have created a position of chief information officer (CIO) that sits on the executive board with the chief executive officer (CEO), chief financial officer (CFO), chief operating officer (COO), and chief technical officer (CTO). The CTO may also serve as CIO, and vice versa. The chief information security officer (CISO) focuses on information security management. The six components that must come together in order to produce an information system are: Data

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4004-479: The inaugural Ironman Louisville. This followed the launch of Ironman 70.3 events in Boise, Idaho and Providence, Rhode Island . In 2008, World Triathlon Corporation was purchased by Providence Equity Securities for $ 85 million. Providence Equity is a private equity firm, of whom one board member is an Ironman athlete. CEO Ben Fertic remained at the helm of the business. The following year, in early in 2009, WTC announced

4081-455: The information needs of businesses and other enterprises." There are various types of information systems, : including transaction processing systems , decision support systems , knowledge management systems , learning management systems , database management systems , and office information systems. Critical to most information systems are information technologies, which are typically designed to enable humans to perform tasks for which

4158-508: The interaction between algorithmic processes and technology. This interaction can occur within or across organizational boundaries. An information system is a technology an organization uses and also the way in which the organizations interact with the technology and the way in which the technology works with the organization's business processes. Information systems are distinct from information technology (IT) in that an information system has an information technology component that interacts with

4235-469: The last ten years, the business trend is represented by the considerable increase of Information Systems Function (ISF) role, especially with regard to the enterprise strategies and operations supporting. It became a key factor to increase productivity and to support value creation . To study an information system itself, rather than its effects, information systems models are used, such as EATPUT . The international body of Information Systems researchers,

4312-577: The long-distance triathlon races Challenge Copenhagen and Challenge Aarhus. However, Challenge Family CEO Felix Walchshöfer did not wish to have WTC produce a Challenge licensed event and therefore terminated YWC's agreement stating that the sale to WTC constituted a breach of contract. As a result, the Challenge Copenhagen race, which was scheduled to race in August 2013, would be rebranded as Ironman Copenhagen and 50 qualifying spots would be offered up for

4389-814: The name suggests, each FAIS supports a particular function within the organization, e.g.: accounting IS, finance IS, production-operation management (POM) IS, marketing IS, and human resources IS. In finance and accounting, managers use IT systems to forecast revenues and business activity, to determine the best sources and uses of funds, and to perform audits to ensure that the organization is fundamentally sound and that all financial reports and documents are accurate. Other types of organizational information systems are FAIS, transaction processing systems , enterprise resource planning , office automation system, management information system , decision support system , expert system , executive dashboard, supply chain management system , and electronic commerce system. Dashboards are

4466-517: The nature and foundations of information systems which have its roots in other reference disciplines such as computer science , engineering , mathematics , management science , cybernetics , and others. Information systems also can be defined as a collection of hardware, software, data, people, and procedures that work together to produce quality information. Similar to computer science, other disciplines can be seen as both related and foundation disciplines of IS. The domain of study of IS involves

4543-484: The official publication of Ironman, which will grant the magazine unique access to Ironman consumers. On October 27, 2010, World Triathlon Corporation put out a press release announcing the creation of an athlete membership program called Ironman Access. This program was to offer advanced registration to its Ironman events before entries would be open for registration to the general public. Advance race registration for members of Ironman Access would be open one week prior to

4620-456: The ongoing, collective development of such systems within an organization by the entirety of human actors themselves. An information system can be developed in house (within the organization) or outsourced. This can be accomplished by outsourcing certain components or the entire system. A specific case is the geographical distribution of the development team ( offshoring , global information system ). A computer-based information system, following

4697-521: The other three major commercial triathlon circuits, Ironman Triathlon , XTERRA Triathlon or Super League Triathlon . Additionally, World Triathlon regulated, sanctions and organizes official sprint distance and team relay triathlon championships, as wel as Aquathlon (run-swim-run), Duathlon (run-bike-run) and Winter triathlon championships. World Triathlon is headquartered in Lausanne , Switzerland Versions of swim bike run multi-sports existed in

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4774-445: The processes' components. One problem with that approach is that it prevents the IS field from being interested in non-organizational use of ICT, such as in social networking, computer gaming, mobile personal usage, etc. A different way of differentiating the IS field from its neighbours is to ask, "Which aspects of reality are most meaningful in the IS field and other fields?" This approach, based on philosophy, helps to define not just

4851-623: The rules of the sport, World Triathlon organises the top level international race series the World Triathlon Championship Series and the ITU Triathlon World Cup . Starting in 2024, World Triathlon also sanctions and recognises a World Championship Tour of Long-Distance Triathlon organised by the Professional Triathletes Organisation . World Triathlon does not have an official relationship with

4928-401: The sale, Heather Gordon became the new publisher. The sale also coincided with the end of a two-year ban that prevented LAVA from being sold on the newsstand for two years. That ban was the result of a dispute and settlement between Duke's previous employer Triathlete Magazine , its parent Competitor Group, Inc. , and WTC. After the sale LAVA will receive a preferred relationship with WTC as

5005-462: The scope of the promotion of equality policies between men and women triathletes supported by the international federation. In September 2017, World Triathlon announced the death of its founding and honorary President, Les McDonald, at the age of 84. He was awarded the Order of Canada in 2013 for service to the nation and inducted into its "Hall of Fame" in 2014 for his work for triathlon. In October 2020,

5082-677: The sports governing body the Long Distance Triathlon World Championships was founded and in 1997 parity was brought to duathlon with the Long Distance Duathlon World Championships. Also in 1997 the first Winter Triathlon World Championships was held giving the sport of winter triathlons its own world championship. Then in 1998 the Aquathlon World Championships were inaugurated, giving aquathlon its own world championship. In 2009

5159-403: The start of a triathlon publication called LAVA magazine. At its conception, the magazine was published by John Duke, former publisher of Triathlete Magazine and then Vice President of Global Sales and Media for WTC. LAVA built its initial subscription base from United States athletes who had entered in an Ironman branded event in 2010. The magazine produces 9 issues per year. The "Lava" name

5236-416: The study of theories and practices related to the social and technological phenomena, which determine the development, use, and effects of information systems in organizations and society. But, while there may be considerable overlap of the disciplines at the boundaries, the disciplines are still differentiated by the focus, purpose, and orientation of their activities. In a broad scope, information systems

5313-510: The theoretical foundations of information and computation to study various business models and related algorithmic processes on building the IT systems within a computer science discipline. Computer information systems (CIS) is a field studying computers and algorithmic processes, including their principles, their software and hardware designs, their applications, and their impact on society, whereas IS emphasizes functionality over design. Several IS scholars have debated

5390-574: The top. Although the pyramid model remains useful since it was first formulated, a number of new technologies have been developed and new categories of information systems have emerged, some of which no longer fit easily into the original pyramid model. Some examples of such systems are: A computer(-based) information system is essentially an IS using computer technology to carry out some or all of its planned tasks. The basic components of computer-based information systems are: The first four components (hardware, software, database, and network) make up what

5467-686: The video by Fertic, the purpose of the program was to free up 2,500 to 3,000 entry slots that go unused by individuals who sign up for multiple Ironman events. Information Systems An information system ( IS ) is a formal, sociotechnical , organizational system designed to collect, process, store , and distribute information . From a sociotechnical perspective, information systems comprise four components: task, people, structure (or roles), and technology. Information systems can be defined as an integration of components for collection, storage and processing of data , comprising digital products that process data to facilitate decision making and

5544-453: The world. This part is part of the licensing agreement both Marvel and WTC to not use the "Iron Man" and "Ironman" trademarks in ways that would suggest an association with the other or cause brand confusion. The first events to take on Ironman licensing include events in Canada, New Zealand and Australia, all of which formed in the 1980s. Since then, Ironman event licensing has gone global, with

5621-660: Was inspired by the success of other Ironman races in Asia, like those in Taiwan, Korea, and Japan. Dalian Wanda acquired Competitor Group (operator of the Rock 'n' Roll Marathon Series ) in 2017; it became a subsidiary of the Ironman Group. On March 26, 2020, Advance Publications announced that it would acquire The Ironman group from the Dalian Wanda Group, with Orkila as a co-investor in

5698-712: Was officially added to the Olympic Programme by the IOC at its Congress in Paris in 1994. Triathlon made its Olympic debut at the 2000 Games in Sydney. Since its inception World Triathlon has maintained its headquarters in Vancouver, Canada until January 1, 2014 when it moved to Lausanne, Switzerland, home of the IOC and many international sporting bodies. Spain's Marisol Casado was elected as World Triathlon's second president in November 2008. She became an IOC member in February 2010 at

5775-499: Was previously the president AEG , would become CEO of the World Triathlon Corporation. Fertic would continue in his role in serving on the Board of Directors as well as serving in a newly created president position. Messick, who is an Ironman triathlon finisher himself, helped build and direct, among other things, the Tour of California cycling event. In Fall 2015, World Triathlon Corporation and

5852-727: Was re-elected for a third term as president of the International Federation at the 29th Congress held in Madrid 6. In 2009 the International Triathlon Federation reorganised its top level competitions changing the World championship to the World Triathlon Series, an eight-stage competition circuit in eight countries, and relegated the world cup down to a second tier series below the world series with less prize money and world ranking points. It also organizes

5929-583: Was selected as President to a working committee for triathlon, while Sweden's Sture Jonasson was elected as Secretary. World Triathlon was founded as the International Triathlon Union (ITU) one year later, on April 1, 1989, at the first ITU Congress in Avignon, France. A total of 30 National Federations attended the initial Congress and preparations were made for the sport's first World Championships to be held in Avignon in August 1989. At this meeting

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