Dramatic, down-to-the-wire finishes aren’t the sorts of things one generally associates with technology prizes. However, the team behind the $1 million prize awarded by Netflix says that’s exactly how that contest went down. The team received the award Monday in a New York ceremony hosted by the online movie rental company, which called the contest to see if anyone could solve a problem that had vexed its own researchers: how to improve by at least 10 percent the recommendations engine that suggests what movies Netflix members should rent next.
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Researchers Pulled Out $1M Netflix Victory in Last Half Hour
Posted by: Mike Pearson September 22, 2009 12:02 PMDramatic, down-to-the-wire finishes aren’t the sorts of things one generally associates with technology prizes. However, the team behind the $1 million prize awarded by Netflix says that’s exactly how that contest went down. The team received the award Monday in a New York ceremony hosted by the online movie rental company, which called the contest to see if anyone could solve a problem that had vexed its own researchers: how to improve by at least 10 percent the recommendations engine that suggests what movies Netflix members should rent next.