Python
Python is an object-oriented scripting language which is easy to read, write, maintain and is a free open source tool. It was developed by Guido van Rossum in late 1980’s which supports both functional and structured programming methods. Phython is easy to learn as it is very similar to JavaScript, Ruby, and PHP. Also, Python has very good machine learning libraries viz. Scikitlearn, Theano, Tensorflow and Keras. Another important feature of Python is that it can be assembled on any platform like SQL server, a MongoDB database or JSON. Python can also handle text data very well.IMS Proschool
Explore Data & Analytics Statistics
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 36 percent of investment professionals use web scraping to derive data.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
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