What is Data Mining? Why Data Mining is Important?

What is Data Mining? Why Data Mining is Important?

Searching, Collecting, Filtering and Analyzing of data define as data mining. The large amount of information can be retrieved from wide range of form such as different data relationships, patterns or any significant statistical co-relations. Today the advent of computers, large databases and the internet is make easier way to collect millions, billions and even trillions of pieces of data that can be systematically analyzed to help look for relationships and to seek solutions to difficult problems.

The government, private company, large organization and all businesses are looking for large volume of information collection for research and business development. These all collected data can be stored by them to future use. Such kind of information is most important whenever it is require. It will take very much time for searching and find require information from the internet or any other resources.

Here is an overview of data mining services inclusion:

* Market research, product research, survey and analysis
* Collection information about investors, funds and investments
* Forums, blogs and other resources for customer views/opinions
* Scanning large volumes of data
* Information extraction
* Pre-processing of data from the data warehouse
* Meta data extraction
* Web data online mining services
* data online mining research
* Online newspaper and news sources information research
* Excel sheet presentation of data collected from online sources
* Competitor analysis
* data mining books
* Information interpretation
* Updating collected data

After applying the process of data mining, you can easily information extract from filtered information and processing the refining the information. This data process is mainly divided into 3 sections; pre-processing, mining and validation. In short, data online mining is a process of converting data into authentic information.

The most important is that it takes much time to find important information from the data. If you want to grow your business rapidly, you must take quick and accurate decisions to grab timely available opportunities.

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Data Mining and Financial Data Analysis

Data Mining and Financial Data Analysis

Introduction:

Most marketers understand the value of collecting financial data, but also realize the challenges of leveraging this knowledge to create intelligent, proactive pathways back to the customer. Data mining - technologies and techniques for recognizing and tracking patterns within data - helps businesses sift through layers of seemingly unrelated data for meaningful relationships, where they can anticipate, rather than simply react to, customer needs as well as financial need. In this accessible introduction, we provides a business and technological overview of data mining and outlines how, along with sound business processes and complementary technologies, data mining can reinforce and redefine for financial analysis.

Objective:

1. The main objective of mining techniques is to discuss how customized data mining tools should be developed for financial data analysis.

2. Usage pattern, in terms of the purpose can be categories as per the need for financial analysis.

3. Develop a tool for financial analysis through data mining techniques.

Data mining:

Data mining is the procedure for extracting or mining knowledge for the large quantity of data or we can say data mining is "knowledge mining for data" or also we can say Knowledge Discovery in Database (KDD). Means data mining is : data collection , database creation, data management, data analysis and understanding.

There are some steps in the process of knowledge discovery in database, such as

1. Data cleaning. (To remove nose and inconsistent data)

2. Data integration. (Where multiple data source may be combined.)

3. Data selection. (Where data relevant to the analysis task are retrieved from the database.)

4. Data transformation. (Where data are transformed or consolidated into forms appropriate for mining by performing summary or aggregation operations, for instance)

5. Data mining. (An essential process where intelligent methods are applied in order to extract data patterns.)

6. Pattern evaluation. (To identify the truly interesting patterns representing knowledge based on some interesting measures.)

7. Knowledge presentation.(Where visualization and knowledge representation techniques are used to present the mined knowledge to the user.)

Data Warehouse:

A data warehouse is a repository of information collected from multiple sources, stored under a unified schema and which usually resides at a single site.

Text:

Most of the banks and financial institutions offer a wide verity of banking services such as checking, savings, business and individual customer transactions, credit and investment services like mutual funds etc. Some also offer insurance services and stock investment services.

There are different types of analysis available, but in this case we want to give one analysis known as "Evolution Analysis".

Data evolution analysis is used for the object whose behavior changes over time. Although this may include characterization, discrimination, association, classification, or clustering of time related data, means we can say this evolution analysis is done through the time series data analysis, sequence or periodicity pattern matching and similarity based data analysis.

Data collect from banking and financial sectors are often relatively complete, reliable and high quality, which gives the facility for analysis and data mining. Here we discuss few cases such as,

Eg, 1. Suppose we have stock market data of the last few years available. And we would like to invest in shares of best companies. A data mining study of stock exchange data may identify stock evolution regularities for overall stocks and for the stocks of particular companies. Such regularities may help predict future trends in stock market prices, contributing our decision making regarding stock investments.

Eg, 2. One may like to view the debt and revenue change by month, by region and by other factors along with minimum, maximum, total, average, and other statistical information. Data ware houses, give the facility for comparative analysis and outlier analysis all are play important roles in financial data analysis and mining.

Eg, 3. Loan payment prediction and customer credit analysis are critical to the business of the bank. There are many factors can strongly influence loan payment performance and customer credit rating. Data mining may help identify important factors and eliminate irrelevant one.

Factors related to the risk of loan payments like term of the loan, debt ratio, payment to income ratio, credit history and many more. The banks than decide whose profile shows relatively low risks according to the critical factor analysis.

We can perform the task faster and create a more sophisticated presentation with financial analysis software. These products condense complex data analyses into easy-to-understand graphic presentations. And there's a bonus: Such software can vault our practice to a more advanced business consulting level and help we attract new clients.

To help us find a program that best fits our needs-and our budget-we examined some of the leading packages that represent, by vendors' estimates, more than 90% of the market. Although all the packages are marketed as financial analysis software, they don't all perform every function needed for full-spectrum analyses. It should allow us to provide a unique service to clients.

The Products:

ACCPAC CFO (Comprehensive Financial Optimizer) is designed for small and medium-size enterprises and can help make business-planning decisions by modeling the impact of various options. This is accomplished by demonstrating the what-if outcomes of small changes. A roll forward feature prepares budgets or forecast reports in minutes. The program also generates a financial scorecard of key financial information and indicators.

Customized Financial Analysis by BizBench provides financial benchmarking to determine how a company compares to others in its industry by using the Risk Management Association (RMA) database. It also highlights key ratios that need improvement and year-to-year trend analysis. A unique function, Back Calculation, calculates the profit targets or the appropriate asset base to support existing sales and profitability. Its DuPont Model Analysis demonstrates how each ratio affects return on equity.

Financial Analysis CS reviews and compares a client's financial position with business peers or industry standards. It also can compare multiple locations of a single business to determine which are most profitable. Users who subscribe to the RMA option can integrate with Financial Analysis CS, which then lets them provide aggregated financial indicators of peers or industry standards, showing clients how their businesses compare.

iLumen regularly collects a client's financial information to provide ongoing analysis. It also provides benchmarking information, comparing the client's financial performance with industry peers. The system is Web-based and can monitor a client's performance on a monthly, quarterly and annual basis. The network can upload a trial balance file directly from any accounting software program and provide charts, graphs and ratios that demonstrate a company's performance for the period. Analysis tools are viewed through customized dashboards.

PlanGuru by New Horizon Technologies can generate client-ready integrated balance sheets, income statements and cash-flow statements. The program includes tools for analyzing data, making projections, forecasting and budgeting. It also supports multiple resulting scenarios. The system can calculate up to 21 financial ratios as well as the breakeven point. PlanGuru uses a spreadsheet-style interface and wizards that guide users through data entry. It can import from Excel, QuickBooks, Peachtree and plain text files. It comes in professional and consultant editions. An add-on, called the Business Analyzer, calculates benchmarks.

ProfitCents by Sageworks is Web-based, so it requires no software or updates. It integrates with QuickBooks, CCH, Caseware, Creative Solutions and Best Software applications. It also provides a wide variety of businesses analyses for nonprofits and sole proprietorships. The company offers free consulting, training and customer support. It's also available in Spanish.

ProfitSystem fx Profit Driver by CCH Tax and Accounting provides a wide range of financial diagnostics and analytics. It provides data in spreadsheet form and can calculate benchmarking against industry standards. The program can track up to 40 periods.

Source : http://ezinearticles.com/?Data-Mining-and-Financial-Data-Analysis&id=2752017

Importance of Data Mining Services in Business

Importance of Data Mining Services in Business

Data mining is used in re-establishment of hidden information of the data of the algorithms. It helps to extract the useful information starting from the data, which can be useful to make practical interpretations for the decision making.
It can be technically defined as automated extraction of hidden information of great databases for the predictive analysis. In other words, it is the retrieval of useful information from large masses of data, which is also presented in an analyzed form for specific decision-making. Although data mining is a relatively new term, the technology is not. It is thus also known as Knowledge discovery in databases since it grip searching for implied information in large databases.
It is primarily used today by companies with a strong customer focus - retail, financial, communication and marketing organizations. It is having lot of importance because of its huge applicability. It is being used increasingly in business applications for understanding and then predicting valuable data, like consumer buying actions and buying tendency, profiles of customers, industry analysis, etc. It is used in several applications like market research, consumer behavior, direct marketing, bioinformatics, genetics, text analysis, e-commerce, customer relationship management and financial services.

However, the use of some advanced technologies makes it a decision making tool as well. It is used in market research, industry research and for competitor analysis. It has applications in major industries like direct marketing, e-commerce, customer relationship management, scientific tests, genetics, financial services and utilities.

Data mining consists of major elements:

    Extract and load operation data onto the data store system.
    Store and manage the data in a multidimensional database system.
    Provide data access to business analysts and information technology professionals.
    Analyze the data by application software.
    Present the data in a useful format, such as a graph or table.

The use of data mining in business makes the data more related in application. There are several kinds of data mining: text mining, web mining, relational databases, graphic data mining, audio mining and video mining, which are all used in business intelligence applications. Data mining software is used to analyze consumer data and trends in banking as well as many other industries.

Outsourcing Web Research offer complete Data Mining Services and Solutions to quickly collective data and information from multiple Internet sources for your Business needs in a cost efficient manner.

Sourec : http://ezinearticles.com/?Importance-of-Data-Mining-Services-in-Business&id=2601221

Data Extraction Services For Better Outputs in Your Business

Data Extraction Services For Better Outputs in Your Business

Data Extraction can be defined as the process of retrieving data from an unstructured source in order to process it further or store it. It is very useful for large organizations who deal with large amount of data on a daily basis that need to be processed into meaningful information and stored for later use. The data extraction is a systematic way to extract and structure data from scattered and semi-structured electronic documents, as found on the web and in various data warehouses.

In today's highly competitive business world, vital business information such as customer statistics, competitor's operational figures and inter-company sales figures play an important role in making strategic decisions. By signing on this service provider, you will be get access to critivcal data from various sources like websites, databases, images and documents.

It can help you take strategic business decisions that can shape your business' goals. Whether you need customer information, nuggets into your competitor's operations and figure out your organization's performance, it is highly critical to have data at your fingertips as and when you want it. Your company may be crippled with tons of data and it may prove a headache to control and convert the data into useful information. Data extraction services enable you get data quickly and in the right format.

Few areas where Data Extraction can help you are:

    Capturing financial data
    Generating better sales leads
    Conducting market research, survey and analysis
    Conducting product research and analysis
    Track, extract and harvest product pricing data
    Searching for specific job postings
    Duplicating an online database
    Acquiring real estate data
    Processing auction information
    Searching online newspapers for latest pricing information
    Extracting and summarize news stories from online news sources

Outsourcing companies provide custom made data extraction services to the client's requirements. The different types of data extraction services;

    Web extraction
    Database extraction

Outsourcing is the beneficial option for large organizations seeking to manage large information. Outsourcing this services helps businesses in managing their data effectively, which in turn enables business to experience an increase in profits. By outsourcing, you can certainly increase your competitive edge and save costs too!

This article is courtesy of Web Scraping Expert - an executive at Outsourcing Web Research offer high quality and time bound comprehensive range of data extraction services at affordable rates. For more info please visit us at: http://www.webscrapingexpert.com/ or directly send your requirements at: info@webscrapingexpert.com

Source:http://ezinearticles.com/?Data-Extraction-Services-For-Better-Outputs-in-Your-Business&id=2760257

Increasing Accessibility by Scraping Information From PDF

Increasing Accessibility by Scraping Information From PDF

You may have heard about data scraping which is a method that is being used by computer programs in extracting data from an output that comes from another program. To put it simply, this is a process which involves the automatic sorting of information that can be found on different resources including the internet which is inside an html file, PDF or any other documents. In addition to that, there is the collection of pertinent information. These pieces of information will be contained into the databases or spreadsheets so that the users can retrieve them later.

Most of the websites today have text that can be accessed and written easily in the source code. However, there are now other businesses nowadays that choose to make use of Adobe PDF files or Portable Document Format. This is a type of file that can be viewed by simply using the free software known as the Adobe Acrobat. Almost any operating system supports the said software. There are many advantages when you choose to utilize PDF files. Among them is that the document that you have looks exactly the same even if you put it in another computer so that you can view it. Therefore, this makes it ideal for business documents or even specification sheets. Of course there are disadvantages as well. One of which is that the text that is contained in the file is converted into an image. In this case, it is often that you may have problems with this when it comes to the copying and pasting.

This is why there are some that start scraping information from PDF. This is often called PDF scraping in which this is the process that is just like data scraping only that you will be getting information that is contained in your PDF files. In order for you to begin scraping information from PDF, you must choose and exploit a tool that is specifically designed for this process. However, you will find that it is not easy to locate the right tool that will enable you to perform PDF scraping effectively. This is because most of the tools today have problems in obtaining exactly the same data that you want without personalizing them.

Nevertheless, if you search well enough, you will be able to encounter the program that you are looking for. There is no need for you to have programming language knowledge in order for you to use them. You can easily specify your own preferences and the software will do the rest of the work for you. There are also companies out there that you can contact and they will perform the task since they have the right tools that they can use. If you choose to do things manually, you will find that this is indeed tedious and complicated whereas if you compare this to having professionals do the job for you, they will be able to finish it in no time at all. Scraping information from PDF is a process where you collect the information that can be found on the internet and this does not infringe copyright laws.

Source:http://ezinearticles.com/?Increasing-Accessibility-by-Scraping-Information-From-PDF&id=4593863

Data Discovery vs. Data Extraction

Data Discovery vs. Data Extraction

Looking at screen-scraping at a simplified level, there are two primary stages involved: data discovery and data extraction. Data discovery deals with navigating a web site to arrive at the pages containing the data you want, and data extraction deals with actually pulling that data off of those pages. Generally when people think of screen-scraping they focus on the data extraction portion of the process, but my experience has been that data discovery is often the more difficult of the two.

The data discovery step in screen-scraping might be as simple as requesting a single URL. For example, you might just need to go to the home page of a site and extract out the latest news headlines. On the other side of the spectrum, data discovery may involve logging in to a web site, traversing a series of pages in order to get needed cookies, submitting a POST request on a search form, traversing through search results pages, and finally following all of the "details" links within the search results pages to get to the data you're actually after. In cases of the former a simple Perl script would often work just fine. For anything much more complex than that, though, a commercial screen-scraping tool can be an incredible time-saver. Especially for sites that require logging in, writing code to handle screen-scraping can be a nightmare when it comes to dealing with cookies and such.

In the data extraction phase you've already arrived at the page containing the data you're interested in, and you now need to pull it out of the HTML. Traditionally this has typically involved creating a series of regular expressions that match the pieces of the page you want (e.g., URL's and link titles). Regular expressions can be a bit complex to deal with, so most screen-scraping applications will hide these details from you, even though they may use regular expressions behind the scenes.

As an addendum, I should probably mention a third phase that is often ignored, and that is, what do you do with the data once you've extracted it? Common examples include writing the data to a CSV or XML file, or saving it to a database. In the case of a live web site you might even scrape the information and display it in the user's web browser in real-time. When shopping around for a screen-scraping tool you should make sure that it gives you the flexibility you need to work with the data once it's been extracted.

Source: http://ezinearticles.com/?Data-Discovery-vs.-Data-Extraction&id=165396

Cleaning up Data Scraped from the Web

Cleaning up Data Scraped from the Web

This section deals with how you can clean up data – having extracted it from the web by scraping.
Useful clean up steps

One advantage of scraping data from the web is that you can actually have a better dataset than the original. Because you need to take steps to understand the dataset’s inconsistencies, you can eliminate or at least minimise them. From another perspective, spending time cleaning up messy data can fill the large gaps that your processor will experience when waiting for it to be downloaded from its host.

This section provides an example of several useful clean-up operations.

    Cleaning HTML
    Strip whitespace
    Converting numbers to number types:
    Converting Boolean values: ‘Yes’ -> True
    Converting dates to machine-readable formats: “24 June 2004” -> “2004-06-24”

Clean the HTML

HTML you find on the web can be atrocious. Here’s a quick function that can help. We make use of the `lxml`_ library. It’s very good at understanding broken HTML and will render a perfectly-formed page for your extractor functions.

You may be concerned that this is computationally wasteful. This is true, but it can reduce lots of the irritation of extracting specific information from messy HTML:

def clean_page(html, pretty_print=False):
    """
    >>> junk = "some random HTML<P> for you to try to parse</p>"
    >>> clean_page(junk)
    '<div><p>some random HTML</p><p> for you to try to parse</p></div>'
    >>> print clean_page(junk, pretty_print=True)
    <div>
    <p>some random HTML</p>
    <p> for you to try to parse</p>
    </div>
    """
    from lxml.html import fromstring
    from lxml.html import tostring
    return tostring(fromstring(html), pretty_print=pretty_print)

Converting yes/no to Boolean values

Computers are far better at interpreting Boolean values when they are consistently provided. Irrespective of the programming language, normalising these values will make any automatic comparisons much richer:

def to_bool(yes_no, none_to_false=True):
    """
    >>> to_bool('')
    False
    >>> to_bool(None):
    False
    >>> to_bool('y')
    True
    >>> to_bool('yip')
    True
    >>> to_bool('Yes')
    True
    >>> to_bool('nuh')
    False
    """
    yes_no = yes_no.strip().lower()
    if not yes_no.strip() and none_to_false:
        return False
    if yes_no.startswith('y'):
        return True
    elif yes_no.startswith('n'):
        return False

Converting numbers to the correct type

If you’re extracting numbers from HTML tables, they will each be represented as a string or Unicode, even though it would be more sensible to treat as integers or floating point numbers:

def to_int(number, european=False):
    """
    >>> to_int('32')
    32
    >>> to_int('3,998')
    3998
    >>> to_int('3.998', european=True)
    3998
    """
    if european:
        number = number.replace('.', '')
    else:
        number = number.replace(',', '')
    return int(number)

def to_float(number, european=False)
    """
    >>> to_float(u'42.1')
    42.1
    >>> to_float(u'32,1', european=True)
    32.1
    >>> to_float('3,132.87')
    3132.87
    >>> to_float('3.132,87')
    3132.87
    >>> to_float('(54.12)')
    -54.12

    Warning
    -------

    Incorrectly declaring `european` leads to troublesome results:

    >>> to_float('54.2', european=True)
    542
    """
    import string
    if european:
        table = string.maketrans(',.','.,')
        number = string.translate(number, table)
    number = number.replace(',', '')
    if number.startswith('(') and number.endswith(')'):
        number = '-' + number[1:-1]
return float(number)

If you are dealing with numbers from another region consistently, it may be appropriate to call upon the locale module. You will then have the advantage of code written in C, rather than Python:

>>> import locale
>>> locale.setlocale(locale.LC_ALL, '')
>>> locale.atoi('1,000,000')
1000000

Stripping whitespace

Removing whitespace from a string is built into many languages string. Removing left and right whitespace is highly recommended. Your database will be unable to sort data properly which have inconsistent treatment of whitespace:

>>> u'\n\tTitle'.strip()
u'Title'

Converting dates to a machine-readable format

Python is well blessed with a mature date parser, dateutil. We can take advantage of this to make light work an otherwise error-prone task.

dateutil can be reluctant to raise exceptions to dates that it doesn’t understand. Therefore, it can be wise to store the original along with the parsed ISO formatted string. This can be used for manual checking if required later.

Example code:

def date_to_iso(datestring):
    """
    Takes a string of a human-readable date and
    returns a machine-readable date string.

    >>> date_to_iso('20 July 2002')
    '2002-07-20 00:00:00'
    >>> date_to_iso('June 3 2009 at 4am')
    '2009-06-03 04:00:00'
    """
    from dateutil import parser
    from datetime import datetime
    default = datetime(year=1, month=1, day=1)
    return str(parser.parse(datestring, default=default))

Source: http://schoolofdata.org/handbook/recipes/cleaning-data-scraped-from-the-web/

Outsource Data Mining Services to Offshore Data Entry Company

Outsource Data Mining Services to Offshore Data Entry Company

Companies in India offer complete solution services for all type of data mining services.

Data Mining Services and Web research services offered, help businesses get critical information for their analysis and marketing campaigns. As this process requires professionals with good knowledge in internet research or online research, customers can take advantage of outsourcing their Data Mining, Data extraction and Data Collection services to utilize resources at a very competitive price.

In the time of recession every company is very careful about cost. So companies are now trying to find ways to cut down cost and outsourcing is good option for reducing cost. It is essential for each size of business from small size to large size organization. Data entry is most famous work among all outsourcing work. To meet high quality and precise data entry demands most corporate firms prefer to outsource data entry services to offshore countries like India.

In India there are number of companies which offer high quality data entry work at cheapest rate. Outsourcing data mining work is the crucial requirement of all rapidly growing Companies who want to focus on their core areas and want to control their cost.

Why outsource your data entry requirements?

Easy and fast communication: Flexibility in communication method is provided where they will be ready to talk with you at your convenient time, as per demand of work dedicated resource or whole team will be assigned to drive the project.

Quality with high level of Accuracy: Experienced companies handling a variety of data-entry projects develop whole new type of quality process for maintaining best quality at work.

Turn Around Time: Capability to deliver fast turnaround time as per project requirements to meet up your project deadline, dedicated staff(s) can work 24/7 with high level of accuracy.

Affordable Rate: Services provided at affordable rates in the industry. For minimizing cost, customization of each and every aspect of the system is undertaken for efficiently handling work.

Outsourcing Service Providers are outsourcing companies providing business process outsourcing services specializing in data mining services and data entry services. Team of highly skilled and efficient people, with a singular focus on data processing, data mining and data entry outsourcing services catering to data entry projects of a varied nature and type.

Why outsource data mining services?

360 degree Data Processing Operations
Free Pilots Before You Hire
Years of Data Entry and Processing Experience
Domain Expertise in Multiple Industries
Best Outsourcing Prices in Industry
Highly Scalable Business Infrastructure
24X7 Round The Clock Services

The expertise management and teams have delivered millions of processed data and records to customers from USA, Canada, UK and other European Countries and Australia.

Outsourcing companies specialize in data entry operations and guarantee highest quality & on time delivery at the least expensive prices.

Herat Patel, CEO at 3Alpha Dataentry Services possess over 15+ years of experience in providing data related services outsourced to India.

Visit our Facebook Data Entry profile for comments & reviews.

Our services helps to convert any kind of  hard copy sources, our data mining services helps to collect business contacts, customer contact, product specifications etc., from different web sources. We promise to deliver the best quality work and help you excel in your business by focusing on your core business activities. Outsource data mining services to India and take the advantage of outsourcing and save cost.

Source: http://ezinearticles.com/?Outsource-Data-Mining-Services-to-Offshore-Data-Entry-Company&id=4027029

Easy Web Scraping using PHP Simple HTML DOM Parser Library

Easy Web Scraping using PHP Simple HTML DOM Parser Library

Web scraping is only way to get data from website when  website don’t provide API to access it’s data. Web scraping involves following steps to get data:

    Make request to web page
    Parse/Extract data that you want to scrape from website.
    Store data for final output (excel, csv,mysql database etc).

Web scraping can be implemented in any language like PHP, Java, .Net, Python and any language that allows to make web request to get web page content (HTML text) in to variable. In this article I will show you how to use Simple HTML DOM PHP library to do web scraping using PHP.
PHP Simple HTML DOM Parser

Simple HTML DOM is a PHP library to parse data from webpages, in short you can use this library to do web scraping using PHP and even store data to MySQL database.  Simple HTML DOM has following features:

    The parser library is written in PHP 5+
    It requires PHP 5+ to run
    Parser supports invalid HTML parsing.
    It allows to select html tags like Jquery way.
    Supports Xpath and CSS path based web extraction
    Provides both the way – Object oriented way and procedure way to write code

Scrape All Links

<?php
include "simple_html_dom.php";

//create object
$html=new simple_html_dom();

//load specific URL
$html->load_file("http://www.google.com");

// This will Find all links
foreach($html->find('a') as $element)
   echo $element->href . '<br>';

?>

Scrape images

<?php
include "simple_html_dom.php";

//create object
$html=new simple_html_dom();

//load specific url
$html->load_file("http://www.google.com");

// This will Find all links
foreach($html->find('img') as $element)
   echo $element->src . '<br>';

?>

This is just little idea how you can do web scraping using PHP.Keep in mind that Xpath can make your job simple and fast. You can find all methods available in SimpleHTMLDom documentation page.

Source: http://webdata-scraping.com/web-scraping-using-php-simple-html-dom-parser-library/

How Web Scraping can Help you Detect Weak spots in your Business

How Web Scraping can Help you Detect Weak spots in your Business

Business intelligence is not a new term. Businesses have always been employing experts for analysing the progress, market and industry trends to keep their growth graph going up. Now that we have big data and the tool to gather this data – Web scraping, business intelligence has become even more fruitful. In fact, business intelligence has become a necessary thing to survive now that the competition is fierce in every industry. This is the reason why most enterprises depend on web scraping solutions to gather the data relevant to their businesses. This data is highly insightful and dependable enough to make critical business decisions. Business intelligence from web scraping is definitely a game changer for companies as it can supply relevant and actionable data with minimal effort.

Most businesses have weak spots that are being overlooked or hidden from the plain sight. These weak spots, if left unnoticed can gradually result in the downfall of your company. Here is how you can use data acquired through web scraping to detect weak spots in your business and strengthen them.

Competitor analysis

Many a times, you can find out the flaws in your business by keeping a close watch on your competitors. Competitor analysis is something that we owe to web scraping as the level of competitive intelligence that you can derive from web scraping has never been achievable in the past. With crawling forums and social media sites where your target audience is, you can easily find out if your competitor is leveraging something you have overlooked. Competitor analysis is all about staying updated to each and every action by your competitors, so that you can always be prepared for their next strategic move. If your competitors are doing better than you, this data can be used to make a comparison between your business and theirs which would give you insights on where you lack.

Brand monitoring on Social media

With social media platforms acting like platforms where businesses and customers can interact with each other, the data available on these sites are increasingly becoming relevant to businesses. Any issues in your business operations will also reflect on your customer sentiments. Social media is a goldmine of sentiment data that can help you detect issues within your company. By analysing the posts that mention your brand or product on social media sites, you can identify what department of your company is functioning well and what isn’t.

For example, if you are an Ecommerce portal and many users are complaining about delivery issues from your company on social media, you might want to switch to a better logistics partner who does a better job. The ability to identify such issues at the earliest is extremely important and that’s where web scraping becomes a life saver. With social media scraping, monitoring your brand on social media is easy like never before and the chances of minor issues escalating to bigger ones is almost non-existent. Brand monitoring is extremely crucial if you are a business operating in the online space. Social media scraping solutions are provided by many leading web scraping companies, which totally eliminates the technical complications associated with the process for you.

Finding untapped opportunities

There are always new and untapped markets and opportunities that are relevant to your business. Finding them is not going to be an easy task with manual and outdated methods of research. Web scraping can fill this gap and help you find opportunities that your company can make use of to leverage your reach and progress. Sometimes, targeting the right audience makes all the difference that you’ve been trying to make. By using web crawling to find mentions of your relevant keywords on the web, you can easily stay updated on your niche and fill in to any new untapped markets. Web crawling for keywords is better explained in our previous blog.

Bottom line

It is not a cakewalk to stay ahead in the competition considering how competitive every industry has become in this digital age. It is crucial to find the weak spots and untapped opportunities of your business before someone else does. Of course, you can always use some help from the technology when you need it. Web scraping is clearly the best way to find and gather data that would help you figure these out. With web crawling solutions that can completely take care of this niche process, nothing is stopping you from using the data and insights that the web has in stock for your business.

Source: https://www.promptcloud.com/blog/web-scraping-detect-weak-spots-business

ERP Data Conversions - Best Practices and Steps

ERP Data Conversions - Best Practices and Steps

Every company who has gone through an ERP project has gone through the painful process of getting the data ready for the new system. The process of executing this typically goes through the following steps:

(1) Extract or define

(2) Clean and transform

(3) Load

(4) Validate and verify

This process is typically executed multiple times (2 - 5+ times depending on complexity) through an ERP project to ensure that the good data ends up in the new system. If the data is either incorrect, not well enough cleaned or adjusted or loaded incorrectly in to the new system it can cause serious problems as the new system is launched.

(1) Extract or define

This involves extracting the data from legacy systems, which are to be decommissioned. In some cases the data may not exist in a legacy system, as the old process may be spreadsheet-based and has to be created from scratch. Typically this involves creating some extraction programs or leveraging existing reports to get the data in to a format which can be put in to a spreadsheet or a data management application.

(2) Data cleansing

Once extracted it normally reviewed is for accuracy by the business, supported by the IT team, and/or adjusted if incorrect or in a structure which the new ERP system does not understand. Depending on the level of change and data quality this can represent a significant effort involving many business stakeholders and required to go through multiple cycles.

(3) Load data to new system

As the data gets structured to a format which the receiving ERP system can handle the load programs may also be build to handle certain changes as part of the process of getting the data converted in to the new system. Data is loaded in to interface tables and loaded in to the new system's core master data and transactions tables.

When loading the data in to the new system the inter-dependency of the different data elements is key to consider and validate the cross dependencies. Exceptions are dealt with and go in to lessons learned and to modify extracts, data cleansing or load process in to the next cycle.

(4) Validate and verify

The final phase of the data conversion process is to verify the converted data through extracts, reports or manually to ensure that all the data went in correctly. This may also include both internal and external audit groups and all the key data owners. Part of the testing will also include attempting to transact using the converted data successfully.

The topmost success factors or best practices to execute a successful conversion I would prioritize as follows:

(1) Start the data conversion early enough by assessing the quality of the data. Starting too late can result in either costly project delays or decisions to load garbage and "deal with it later" resulting in an increase in problems as the new system is launched.

(2) Identify and assign data owners and customers (often forgotten) for the different elements. Ensure that not only the data owners sign-off on the data conversions but that also the key users of the data are involved in reviewing the selection criteria's, data cleansing process and load verification.

(3) Run sufficient enough rounds of testing of the data, including not only validating the loads but also transacting with the converted data.

(4) Depending on the complexity, evaluate possible tools beyond spreadsheets and custom programming to help with the data conversion process for cleansing, transformation and load process.

(5) Don't under-estimate the effort in cleansing and validating the converted data.

(6) Define processes and consider other tools to help how the accuracy of the data will be maintained after the system goes live.

Source: http://ezinearticles.com/?ERP-Data-Conversions---Best-Practices-and-Steps&id=7263314

Difference between Data Mining and KDD

Difference between Data Mining and KDD

Data, in its raw form, is just a collection of things, where little information might be derived. Together with the development of information discovery methods(Data Mining and KDD), the value of the info is significantly improved.

Data mining is one among the steps of Knowledge Discovery in Databases(KDD) as can be shown by the image below.KDD is a multi-step process that encourages the conversion of data to useful information. Data mining is the pattern extraction phase of KDD. Data mining can take on several types, the option influenced by the desired outcomes.

Knowledge Discovery in Databases Steps
Data Selection

KDD isn’t prepared without human interaction. The choice of subset and the data set requires knowledge of the domain from which the data is to be taken. Removing non-related information elements from the dataset reduces the search space during the data mining phase of KDD. The sample size and structure are established during this point, if the dataset can be assessed employing a testing of the info.
Pre-processing

Databases do contain incorrect or missing data. During the pre-processing phase, the information is cleaned. This warrants the removal of “outliers”, if appropriate; choosing approaches for handling missing data fields; accounting for time sequence information, and applicable normalization of data.
Transformation

Within the transformation phase attempts to reduce the variety of data elements can be assessed while preserving the quality of the info. During this stage, information is organized, changed in one type to some other (i.e. changing nominal to numeric) and new or “derived” attributes are defined.
Data mining

Now the info is subjected to one or several data-mining methods such as regression, group, or clustering. The information mining part of KDD usually requires repeated iterative application of particular data mining methods. Different data-mining techniques or models can be used depending on the expected outcome.
Evaluation

The final step is documentation and interpretation of the outcomes from the previous steps. Steps during this period might consist of returning to a previous step up the KDD approach to help refine the acquired knowledge, or converting the knowledge in to a form clear for the user.In this stage the extracted data patterns are visualized for further reviews.
Conclusion

Data mining is a very crucial step of the KDD process.

For further reading aboud KDD and data mining ,please check this link.

Source: http://nocodewebscraping.com/difference-data-mining-kdd/

Data Mining vs Screen-Scraping

Data Mining vs Screen-Scraping

Data mining isn't screen-scraping. I know that some people in the room may disagree with that statement, but they're actually two almost completely different concepts.

In a nutshell, you might state it this way: screen-scraping allows you to get information, where data mining allows you to analyze information. That's a pretty big simplification, so I'll elaborate a bit.

The term "screen-scraping" comes from the old mainframe terminal days where people worked on computers with green and black screens containing only text. Screen-scraping was used to extract characters from the screens so that they could be analyzed. Fast-forwarding to the web world of today, screen-scraping now most commonly refers to extracting information from web sites. That is, computer programs can "crawl" or "spider" through web sites, pulling out data. People often do this to build things like comparison shopping engines, archive web pages, or simply download text to a spreadsheet so that it can be filtered and analyzed.

Data mining, on the other hand, is defined by Wikipedia as the "practice of automatically searching large stores of data for patterns." In other words, you already have the data, and you're now analyzing it to learn useful things about it. Data mining often involves lots of complex algorithms based on statistical methods. It has nothing to do with how you got the data in the first place. In data mining you only care about analyzing what's already there.

The difficulty is that people who don't know the term "screen-scraping" will try Googling for anything that resembles it. We include a number of these terms on our web site to help such folks; for example, we created pages entitled Text Data Mining, Automated Data Collection, Web Site Data Extraction, and even Web Site Ripper (I suppose "scraping" is sort of like "ripping"). So it presents a bit of a problem-we don't necessarily want to perpetuate a misconception (i.e., screen-scraping = data mining), but we also have to use terminology that people will actually use.

Source: http://ezinearticles.com/?Data-Mining-vs-Screen-Scraping&id=146813

Scraping LinkedIn Public Profiles for Fun and Profit

Scraping LinkedIn Public Profiles for Fun and Profit

Reconnaissance and Information Gathering is a part of almost every penetration testing engagement. Often, the tester will only perform network reconnaissance in an attempt to disclose and learn the company's network infrastructure (i.e. IP addresses, domain names, and etc), but there are other types of reconnaissance to conduct, and no, I'm not talking about dumpster diving. Thanks to social networks like LinkedIn, OSINT/WEBINT is now yielding more information. This information can then be used to help the tester test anything from social engineering to weak passwords.

In this blog post I will show you how to use Pythonect to easily generate potential passwords from LinkedIn public profiles. If you haven't heard about Pythonect yet, it is a new, experimental, general-purpose dataflow programming language based on the Python programming language. Pythonect is most suitable for creating applications that are themselves focused on the "flow" of the data. An application that generates passwords from the employees public LinkedIn profiles of a given company - have a coherence and clear dataflow:

(1) Find all the employees public LinkedIn profiles → (2) Scrap all the employees public LinkedIn profiles → (3) Crunch all the data into potential passwords

Now that we have the general concept and high-level overview out of the way, let's dive in to the details.

Finding all the employees public LinkedIn profiles will be done via Google Custom Search Engine, a free service by Google that allows anyone to create their own search engine by themselves. The idea is to create a search engine that when searching for a given company name - will return all the employees public LinkedIn profiles. How? When creating a Google Custom Search Engine it's possible to refine the search results to a specific site (i.e. 'Sites to search'), and we're going to limit ours to: linkedin.com. It's also possible to fine-tune the search results even further, e.g. uk.linkedin.com to find only employees from United Kingdom.

The access to the newly created Google Custom Search Engine will be made using a free API key obtained from Google API Console. Why go through the Google API? because it allows automation (No CAPTCHA's), and it also means that the search-result pages will be returned as JSON (as oppose to HTML). The only catch with using the free API key is that it's limited to 100 queries per day, but it's possible to buy an API key that will not be limited.

Scraping the profiles is a matter of iterating all over the hCards in all the search-result pages, and extracting the employee name from each hCard. Whats is a hCard? hCard is a micro format for publishing the contact details of people, companies, organizations, and places. hCard is also supported by social networks such as Facebook, Google+, LinkedIn and etc. for exporting public profiles. Google (when indexing) parses hCard, and when relevant, uses them in search-result pages. In other words, when search-result pages include LinkedIn public profiles, it will appear as hCards, and could be easily parsed.

Let's see the implementation of the above:

#!/usr/bin/python
#
# Copyright (C) 2012 Itzik Kotler
#
# scraper.py is free software: you can redistribute it and/or modify
# it under the terms of the GNU General Public License as published by
# the Free Software Foundation, either version 3 of the License, or
# (at your option) any later version.
#
# scraper.py is distributed in the hope that it will be useful,
# but WITHOUT ANY WARRANTY; without even the implied warranty of
# MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
# GNU General Public License for more details.
#
# You should have received a copy of the GNU General Public License
# along with scraper.py.  If not, see <http://www.gnu.org/licenses/>.

"""Simple LinkedIn public profiles scraper that uses Google Custom Search"""

import urllib
import simplejson


BASE_URL = "https://www.googleapis.com/customsearch/v1?key=<YOUR GOOGLE API KEY>&cx=<YOUR GOOGLE SEARCH ENGINE CX>"


def __get_all_hcards_from_query(query, index=0, hcards={}):

    url = query

    if index != 0:

        url = url + '&start=%d' % (index)

    json = simplejson.loads(urllib.urlopen(url).read())

    if json.has_key('error'):

        print "Stopping at %s due to Error!" % (url)

        print json

    else:

        for item in json['items']:

            try:

                hcards[item['pagemap']['hcard'][0]['fn']] = item['pagemap']['hcard'][0]['title']

            except KeyError as e:

                pass

        if json['queries'].has_key('nextPage'):

            return __get_all_hcards_from_query(query, json['queries']['nextPage'][0]['startIndex'], hcards)

    return hcards


def get_all_employees_by_company_via_linkedin(company):

    queries = ['"at %s" inurl:"in"', '"at %s" inurl:"pub"']

    result = {}

    for query in queries:

        _query = query % company

        result.update(__get_all_hcards_from_query(BASE_URL + '&q=' + _query))

    return list(result)

Replace <YOUR GOOGLE API KEY> and <YOUR GOOGLE SEARCH ENGINE CX> in the code above with your Google API Key and Google Search Engine CX respectively, save it to a file called scraper.py, and you're ready!

To kick-start, here is a simple program in Pythonect (that utilizes the scraper module) that searchs and prints all the Pythonect company employees full names:

"Pythonect" -> scraper.get_all_employees_by_company_via_linkedin -> print

The output should be:

Itzik Kotler

In my LinkedIn Profile, I have listed Pythonect as a company that I work for, and since no one else is working there, when searching for all the employees of Pythonect company - only my LinkedIn profile comes up.
For demonstration purposes I will keep using this example (i.e. "Pythonect" company, and "Itzik Kotler" employee), but go ahead and replace Pythonect with other, more popular, companies names and see the results.

Now that we have a working skeleton, let's take its output and start crunching it. Keep in mind that every "password generation forumla" is merely a guess. The examples below are only a sampling of what can be done. There are, obviously many more possibilities and you are encouraged to experiment. But first, let's normalize the output - this way it's going to be consistent before operations are performed on it:

"Pythonect" -> scraper.get_all_employees_by_company_via_linkedin -> string.lower(''.join(_.split()))

The normalization procedure is short and simple: convert the string to lowercase and remove any spaces, and so the output should be now:

itzikkotler

As for data manipulation, out of the box (Thanks to The Python Standard Library) we've got itertools and it's combinatoric generators. Let's start by applying itertools.product:

"Pythonect" -> scraper.get_all_employees_by_company_via_linkedin -> string.lower(''.join(_.split())) -> itertools.product(_, repeat=4) -> print

The code above will generate and print every 4 characters password from the letters: i, t, z, k, o, t, l , e, r. However, it won't cover passwords with uppercase letters in it. And so, here's a simple and straightforward implementation of a cycle_uppercase function that cycles the input letters yields a copy of the input with letter in uppercase:

def cycle_uppercase(i):
    s = ''.join(i)
    for idx in xrange(0, len(s)):
        yield s[:idx] + s[idx].upper() + s[idx+1:]

To use it, save it to a file called itertools2.py, and then simply add it to the Pythonect program after the itertools.product(_, repeat=4) block, as follows:

"Pythonect" -> scraper.get_all_employees_by_company_via_linkedin \
    -> string.lower(''.join(_.split())) \
        -> itertools.product(_, repeat=4) \
            -> itertools2.cycle_uppercase \
                -> print

Now, the program will also cover passwords that include a single uppercase letter in it. Moving on with the data manipulation, sometimes the password might contain symbols that are not found within the scrapped data. In this case, it is necessary to build a generator that will take the input and add symbols to it. Here is a short and simple generator implemented as a Generator Expression:

[_ + postfix for postfix in ['123','!','$']]

To use it, simply add it to the Pythonect program after the itertools2.cycle_uppercase block, as follows:

"Pythonect" -> scraper.get_all_employees_by_company_via_linkedin \
    -> string.lower(''.join(_.split())) \
        -> itertools.product(_, repeat=4) \
            -> itertools2.cycle_uppercase \
                -> [_ + postfix for postfix in ['123','!','$']] \
                    -> print

The result is that now the program adds the strings: '123', '!', and '$' to every generated password, which increases the chances of guessing the user's right password, or not, depends on the password :)

To summarize, it's possible to take OSINT/WEBINT data on a given person or company and use it to generate potential passwords, and it's easy to do with Pythonect. There are, of course, many different ways to manipulate the data into passwords and many programs and filters that can be used. In this aspect, Pythonect being a flow-oriented language makes it easy to experiment and research with different modules and programs in a "plug and play" manner.

Source:http://blog.ikotler.org/2012/12/scraping-linkedin-public-profiles-for.html