wk3 Project

Technology for Enhanced Productivity 

Project 

Table of Contents Introduction....................................................................................................................................

Business Problems..........................................................................................................................

Technology Solution.......................................................................................................................

References......................................................................................................................................

Introduction

Netflix was founded in 1997 in Scotts Valley, California. It was originally a rent-by-mail DVD service that used a pay-per-rental model. Users would browse and order the films they wanted on their website, put in an order, and Netflix would post them to your door. After renters had finished with the DVDs, they would simply post them back. Rentals cost around $4 each, plus a $2 postage charge. After significant growth, Netflix switched to a subscriber-based model. With this model, users could keep the DVDs for as long as they liked, but could only rent a new movie after returning their existing one.

Following the rise in customers, they introduce streaming allowing members to watch tv shows and movies on their personal computers instantly. The next step for Netflix was partnering up with consumer electronic companies to stream on other devices such as Xbox, PS3 Blue-ray disc players, and other internet-connected devices. With Netflix's popularity on the rise, they launch in.