Blog: risk analytics
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Online Analytics in Action - Netflix Competition: Now it’s time to pay up
7/1/09Continue ReadingSee a previous post for a summary of the competition - 'Netflix: What were they thinking?
It seems that after 3 years a team has won the prize. The winning solution was submitted on June 26th, and still must be verified, but all indications are that this solution has broken through a barrier many thought unattainable. The winning solution predicts customers' movie interests 10%+ better than Netflix's internal system. That does not sounds like much (10%) but given that Netflix had already squeezed about as much information out of their data as possible, and additional data sources could not be used in the competition, this was a colossal task.
