Book Image

Machine Learning for Streaming Data with Python

By : Joos Korstanje
Book Image

Machine Learning for Streaming Data with Python

By: Joos Korstanje

Overview of this book

Streaming data is the new top technology to watch out for in the field of data science and machine learning. As business needs become more demanding, many use cases require real-time analysis as well as real-time machine learning. This book will help you to get up to speed with data analytics for streaming data and focus strongly on adapting machine learning and other analytics to the case of streaming data. You will first learn about the architecture for streaming and real-time machine learning. Next, you will look at the state-of-the-art frameworks for streaming data like River. Later chapters will focus on various industrial use cases for streaming data like Online Anomaly Detection and others. As you progress, you will discover various challenges and learn how to mitigate them. In addition to this, you will learn best practices that will help you use streaming data to generate real-time insights. By the end of this book, you will have gained the confidence you need to stream data in your machine learning models.
Table of Contents (17 chapters)
1
Part 1: Introduction and Core Concepts of Streaming Data
5
Part 2: Exploring Use Cases for Data Streaming
11
Part 3: Advanced Concepts and Best Practices around Streaming Data
15
Chapter 12: Conclusion and Best Practices

Comparing anomaly detection and imbalanced classification

For detecting positive cases against negative cases, the standard go-to family of methods would be classification. For the problems described, as long as you have historical data on at least a few positive and negative cases, you can use classification algorithms. However, you have a very common problem: there are only very few observations that are anomalies. This is a problem that is generally known as the problem of imbalanced data.

The problem of imbalanced data

Imbalanced datasets are datasets in which the target class has very unevenly distributed occurrences. An often-occurring example is website sales: among 1,000 visitors, you often have at least 900 visitors that are just watching and browsing, as opposed to maybe 100 who actually buy something.

Using classification methods carelessly on imbalanced data is prone to errors. Imagine that you fit a classification model that needs to predict for each website visitor...