UK-EU trade deal, geopolitical instability, and more
May's industry news round-up brings important updates - from the impact of the UK-EU trade deal and geopolitical instability impact on MICE, to beam's Finance Forum...
Every pound spent on corporate events must deliver measurable value. From internal conferences and sales kick-offs to large-scale client-facing experiences, organisations are under increasing pressure to demonstrate the return on investment (ROI) for every event. This has driven a seismic shift towards data-led decision-making which empowers procurement teams and event planners to make smarter, more strategic choices.
We spoke to Emma, our Director of Operations and Business Intelligence, who is responsible for overseeing the daily operation of EDGE and maintaining the reports and analytics. She shared her insight into the importance of data and why it is always at the forefront of what we do at EDGE.
Events are no longer seen as standalone activities. They are part of a broader marketing, communications, or business growth strategy. As such, aligning venue selection and event design with organisational goals is critical.
Here are a few key reasons why I consider data-led decisions are now essential:
With tightening budgets, businesses should be confident that venue choices align with financial constraints without compromising delegate experience. Analytics can compare costs across different locations, layouts, and value-added services to ensure every spend is justifiable.
Sustainability is no longer a ‘nice to have’, it’s a corporate imperative. Venue sourcing must consider carbon footprints, travel distances, and green credentials. Using data to filter for sustainable venues ensures organisations stay aligned with their ESG goals.
Data from past events, such as satisfaction surveys, engagement scores, and attendance rates, can influence future decisions. Venues that rate highly for accessibility, catering, or atmosphere are more likely to lead to successful outcomes.
Tracking KPIs such as cost per delegate, lead generation, and knowledge retention enables planners to make informed adjustments year-on-year. Data provides the evidence needed to prove that events drive business value.
As a global venue sourcing platform, EDGE supports data-led decision-making by combining technology with industry insight. Here’s how…
EDGE’s intuitive platform allows users to apply advanced filters, from budget and location to capacity and sustainability credentials, helping procurement teams and planners shortlist venues that match specific requirements quickly and confidently. These filters are powered by a growing database of global venues with detailed profiles, imagery, and essential specs, offering a side-by-side comparison that removes ambiguity from the selection process.
EDGE also recognises the importance of robust reporting. The platform includes tools that allow users to track and share insights, whether it’s cost comparisons across venues, or analytics around booking patterns and preferred supplier usage. This supports procurement governance and helps planners showcase the strategic impact of their decisions.
By centralising data and making it easy to access, EDGE Venues supports better communication between stakeholders, from event teams and marketing departments to senior leadership and finance. The result is a more aligned, accountable, and agile approach to event planning.
Data-led decision-making isn’t about removing creativity from events; it’s about enhancing it with intelligence. When planners are equipped with the right tools and insights, they can focus less on guesswork and more on delivering meaningful experiences that resonate with delegates and stakeholders alike.
At EDGE, we believe that when every event is viewed as an investment, data becomes your most valuable asset. It should inform decisions from the very start, beginning with venue sourcing.