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Netflix Prize: $1M is a Steal for Predictive Tech

By Dana Oshiro / September 21, 2009 3:41 PM / View Comments

netflix_prize_sept09a.jpgAfter years of struggling to beat Netflix's Cinematch recommendation algorithm by a baseline of 10%, two groups have emerged. While both teams produced qualifying systems, BellKor's Pragmatic Chaos submitted their entry 24 minutes earlier than 2nd prize team The Ensemble. Earlier this year ReadWriteWeb covered the Netflix Prize and asked the question, "Will the $1 million dollars be won in 2009?" While the answer is a resounding "yes", it was not January forerunner BellKor that took the prize, but rather an amalgamation of 4 teams that triumphed.

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