Book Image

Python Business Intelligence Cookbook

Book Image

Python Business Intelligence Cookbook

Overview of this book

The amount of data produced by businesses and devices is going nowhere but up. In this scenario, the major advantage of Python is that it's a general-purpose language and gives you a lot of flexibility in data structures. Python is an excellent tool for more specialized analysis tasks, and is powered with related libraries to process data streams, to visualize datasets, and to carry out scientific calculations. Using Python for business intelligence (BI) can help you solve tricky problems in one go. Rather than spending day after day scouring Internet forums for “how-to” information, here you’ll find more than 60 recipes that take you through the entire process of creating actionable intelligence from your raw data, no matter what shape or form it’s in. Within the first 30 minutes of opening this book, you’ll learn how to use the latest in Python and NoSQL databases to glean insights from data just waiting to be exploited. We’ll begin with a quick-fire introduction to Python for BI and show you what problems Python solves. From there, we move on to working with a predefined data set to extract data as per business requirements, using the Pandas library and MongoDB as our storage engine. Next, we will analyze data and perform transformations for BI with Python. Through this, you will gather insightful data that will help you make informed decisions for your business. The final part of the book will show you the most important task of BI—visualizing data by building stunning dashboards using Matplotlib, PyTables, and iPython Notebook.
Table of Contents (12 chapters)
Python Business Intelligence Cookbook
Credits
About the Author
About the Reviewer
www.PacktPub.com
Preface
Index

Learn about the Python libraries we will be using


Seven Python libraries make up our Python business intelligence toolkit:

  • Pandas: A set of high-performance, easy-to-use data structures and data analysis tools. Pandas are the backbone of all our business intelligence tasks.

  • Scikit-learn: Gives us simple and efficient tools for data mining and data analysis including classification, regression, clustering, dimensionality reduction, model selection, and preprocessing. This will be the workhorse library for our analysis.

  • Numpy: An efficient multi-dimensional container of generic data that allows for arbitrary datatypes to be defined. We won't use numpy directly; however, Pandas relies on it.

  • Matplotlib: A 2D plotting library. We'll use this to generate all our charts.

  • PyMongo: Allows us to connect to and use MongoDB. We'll use this to insert and retrieve data from MongoDB.

  • XlsxWriter: This allows us to access and create Microsoft Excel files. This library will be used to generate reports in the Excel format.

  • IPython Notebook (Jupyter): An interactive computational environment. We'll use this to write our code so that we can get feedback faster than running a script over and over again.