Monday, September 21, 2009

Netflix prize 2, the sequel

This is a bit of old news but I thought it warranted some more news on the Operations Research blog-sphere. Netflix is not done with their recommendation engine prize and want to reprise it with Netflix Prize 2. From the Netflix Prize forum....

This is Neil Hunt, Chief Product Officer at Netflix.

To everyone who participated in the Netflix Prize: You've made this a truly remarkable contest and you've brought great innovation to the field. We applaud you for your contributions and we hope you've enjoyed the journey. We look forward to announcing a winner of the $1M Grand Prize in late September.

And, like so many great movies, there will be a sequel.

The advances spurred by the Netflix Prize have so impressed us that we’re planning Netflix Prize 2, a new big money contest with some new twists.

Here’s one: three years was a long time to compete in Prize 1, so the next contest will be a shorter time limited race, with grand prizes for the best results at 6 and 18 months.

While the first contest has been remarkable, we think Netflix Prize 2 will be more challenging, more fun, and even more useful to the field.

Stay tuned for more details when we announce the winners of Prize 1 in September.

So any of you that were eager to get involved stay tuned for more information.

No comments: