Lessons from the Netflix Prize

Lessons from the Netflix Prize
technology

Netflix recently awarded their $1 million prize to a seven person group of statisticians and computer scientists for improving the accuracy of customer movie recommendations by ten percent.

Nicko Margolies
  • 24 september 2009

Netflix, the movie rental giant, recently awarded their $1 million prize to a seven person group of statisticians and computer scientists for improving the accuracy of customer movie recommendations by ten percent.  The contest lasted almost four years, and thousands of individuals threw their hats in the ring.  Beyond just a simple coding issue, the contest challenged teams to consider cultural, demographic and even political categories when approaching the question of what each user would like to see next.

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