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

Data Mining Process - Why Outsource Data Mining Service?

Data Mining Process - Why Outsource Data Mining Service?

Overview of Data Mining and Process:

Data mining is one of the unique techniques for investigating information to extract certain data patterns and decide to outcome of existing requirements. Data mining is widely use in client research, services analysis, market research and so on. It is totally based on mathematical algorithm and analytical skills to drive the desired results from the huge database collection.

Information mining is mostly used by financial analyzer, business and professional organization and also there are many growing area of business that are get maximum advantages of data extract with use of data warehouses in their small to large level of businesses.

Most of functionalities which are used in information collecting process define as under:

* Retrieving Data

* Analyzing Data

* Extracting Data

* Transforming Data

* Loading Data

* Managing Databases

Most of small, medium and large levels of businesses are collect huge amount of data or information for analysis and research to develop business. Such kind of large amount will help and makes it much important whenever information or data required.

Why Outsource Data Online Mining Service?

Outsourcing advantages of data mining services:
o Almost save 60% operating cost
o High quality analysis processes ensuring accuracy levels of almost 99.98%
o Guaranteed risk free outsourcing experience ensured by inflexible information security policies and practices
o Get your project done within a quick turnaround time
o You can measure highly skilled and expertise by taking benefits of Free Trial Program.
o Get the gathered information presented in a simple and easy to access format

Thus, data or information mining is very important part of the web research services and it is most useful process. By outsource data extraction and mining service; you can concentrate on your co relative business and growing fast as you desire.

Outsourcing web research is trusted and well known Internet Market research organization having years of experience in BPO (business process outsourcing) field.

If you want to more information about data mining services and related web research services, then contact us.

Source: http://ezinearticles.com/?Data-Mining-Process---Why-Outsource-Data-Mining-Service?&id=3789102

Scraping Yelp Data and How to use?

Scraping Yelp Data and How to use?

We get a lot of requests to scrape data from Yelp. These requests come in on a daily basis, sometimes several times a day. At the same time we have not seen a good business case for a commercial project with scraping Yelp.

We have decided to release a simple example Yelp robot which anyone can run on Chrome inside your computer, tune to your own requirements and collect some data. With this robot you can save business contact information like address, postal code, telephone numbers, website addresses etc.  Robot is placed in our Demo space on Web Robots portal for anyone to use, just sign up, find the robot and use it.

How to use it:

    Sign in to our portal here.
    Download our scraping extension from here.
    Find robot named Yelp_us_demo in the dropdown.
    Modify start URL to the first page of your search results. For example: http://www.yelp.com/search?find_desc=Restaurants&find_loc=Arlington,+VA,+USA
    Click Run.
    Let robot finish it’s job and download data from portal.

Some things to consider:

This robot is placed in our Demo space – therefore it is accessible to anyone. Anyone will be able to modify and run it, anyone will be able to download collected data. Robot’s code may be edited by someone else, but you can always restore it from sample code below. Yelp limits number of search results, so do not expect to scrape more results than you would normally see by search.

In case you want to create your own version of such robot, here it’s full code:

// starting URL above must be the first page of search results.
// Example: http://www.yelp.com/search?find_desc=Restaurants&find_loc=Arlington,+VA,+USA

steps.start = function () {

   var rows = [];

   $(".biz-listing-large").each (function (i,v) {
     if ($("h3 a", v).length > 0)
       {
        var row = {};
        row.company = $(".biz-name", v).text().trim();
        row.reviews =$(".review-count", v).text().trim();
        row.companyLink = $(".biz-name", v)[0].href;
        row.location = $(".secondary-attributes address", v).text().trim();
        row.phone = $(".biz-phone", v).text().trim();
        rows.push (row);
      }
   });

   emit ("yelp", rows);
   if ($(".next").length === 1) {
     next ($(".next")[0].href, "start");
   }
 done();
};

Source: https://webrobots.io/scraping-yelp-data/

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/

Web Scraping – A trending technique in data science!!!

Web Scraping – A trending technique in data science!!!

Web scraping as a market segment is trending to be an emerging technique in data science to become an integral part of many businesses – sometimes whole companies are formed based on web scraping. Web scraping and extraction of relevant data gives businesses an insight into market trends, competition, potential customers, business performance etc.  Now question is that “what is actually web scraping and where is it used???” Let us explore web scraping, web data extraction, web mining/data mining or screen scraping in details.

What is Web Scraping?

Web Data Scraping is a great technique of extracting unstructured data from the websites and transforming that data into structured data that can be stored and analyzed in a database. Web Scraping is also known as web data extraction, web data scraping, web harvesting or screen scraping.

What you can see on the web that can be extracted. Extracting targeted information from websites assists you to take effective decisions in your business.

Web scraping is a form of data mining. The overall goal of the web scraping process is to extract information from a websites and transform it into an understandable structure like spreadsheets, database or csv. Data like item pricing, stock pricing, different reports, market pricing, product details, business leads can be gathered via web scraping efforts.

There are countless uses and potential scenarios, either business oriented or non-profit. Public institutions, companies and organizations, entrepreneurs, professionals etc. generate an enormous amount of information/data every day.

Uses of Web Scraping:

The following are some of the uses of web scraping:

•     Collect data from real estate listing
•     Collecting retailer sites data on daily basis
•     Extracting offers and discounts from a website.
•     Scraping job posting.
•     Price monitoring with competitors.
•     Gathering leads from online business directories – directory scraping
•     Keywords research
•     Gathering targeted emails for email marketing – email scraping
•     And many more.

There are various techniques used for data gathering as listed below:

•     Human copy-and-paste – takes lot of time to finish when data is huge
•     Programming the Custom Web Scraper as per the needs.
•     Using Web Scraping Softwares available in market.

Are you in search of web data scraping expert or specialist. Then you are at right place. We are the team of web scraping experts who could easily extract data from website and further structure the unstructured useful data to uncover patterns, and help businesses for decision making that helps in increasing sales, cover a wide customer base and ultimately it leads to business towards growth and success.

We have got expertise in all the web scraping techniques, scraping data from ajax enabled complex websites, bypassing CAPTCHAs, forming anonymous http request etc in providing web scraping services.

Source: http://webdata-scraping.com/web-scraping-trending-technique-in-data-science/

How to Use Microsoft Excel as a Web Scraping Tool

How to Use Microsoft Excel as a Web Scraping Tool

Microsoft Excel is undoubtedly one of the most powerful tools to manage information in a structured form. The immense popularity of Excel is not without reasons. It is like the Swiss army knife of data with its great features and capabilities. Here is how Excel can be used as a basic web scraping tool to extract web data directly into a worksheet. We will be using Excel web queries to make this happen.

Web queries is a feature of Excel which is basically used to fetch data on a web page into the Excel worksheet easily. It can automatically find tables on the webpage and would let you pick the particular table you need data from. Web queries can also be handy in situations where an ODBC connection is impossible to maintain apart from just extracting data from web pages. Let’s see how web queries work and how you can scrape HTML tables off the web using them.
Getting started

We’ll start with a simple Web query to scrape data from the Yahoo! Finance page. This page is particularly easier to scrape and hence is a good fit for learning the method. The page is also pretty straightforward and doesn’t have important information in the form of links or images. Here is the URL we will be using for the tutorial:

http://finance.yahoo.com/q/hp?s=GOOG

To create a new Web query:

1. Select the cell in which you want the data to appear.
2. Click on Data-> From Web
3. The New Web query box will pop up as shown below.

4. Enter the web page URL you need to extract data from in the Address bar and hit the Go button.
5. Click on the yellow-black buttons next to the table you need to extract data from.

6. After selecting the required tables, click on the Import button and you’re done. Excel will now start downloading the content of the selected tables into your worksheet.

Once you have the data scraped into your Excel worksheet, you can do a host of things like creating charts, sorting, formatting etc. to better understand or present the data in a simpler way.
Customizing the query

Once you have created a web query, you have the option to customize it according to your requirements. To do this, access Web query properties by right clicking on a cell with the extracted data. The page you were querying appears again, click on the Options button to the right of the address bar. A new pop up box will be displayed where you can customize how the web query interacts with the target page. The options here lets you change some of the basic things related to web pages like the formatting and redirections.

Apart from this, you can also alter the data range options by right clicking on a random cell with the query results and selecting Data range properties. The data range properties dialog box will pop up where you can make the required changes. You might want to rename the data range to something you can easily recognize like ‘Stock Prices’.

Auto refresh

Auto-refresh is a feature of web queries worth mentioning, and one which makes our Excel web scraper truly powerful. You can make the extracted data to be auto-refreshing so that your Excel worksheet will update the data whenever the source website changes. You can set how often you need the data to be updated from the source web page in data range options menu. The auto refresh feature can be enabled by ticking the box beside ‘Refresh every’ and setting your preferred time interval for updating the data.
Web scraping at scale

Although extracting data using Excel can be a great way to scrape html tables from the web, it is nowhere close to a real web scraping solution. This can prove to be useful if you are collecting data for your college research paper or you are a hobbyist looking for a cheap way to get your hands on some data. If data for business is your need, you will definitely have to depend on a web scraping provider with expertise in dealing with web scraping at scale. Outsourcing the complicated process that web scraping will also give you more room to deal with other things that need extra attention such as marketing your business.

Source: https://www.promptcloud.com/blog/how-to-use-excel-to-scrape-websites

How to use Social Media Scraping to be your Competitors’ Nightmare

How to use Social Media Scraping to be your Competitors’ Nightmare

Big data and competitive intelligence have been in the limelight for quite some time now. The almost magical power of big data to help a company make just the right decisions have been talked about a lot. When it comes to big data, the kind of benefits that a business can get totally depends upon the sources they acquire it from. Social media is one of the best sources from where you can get data that helps your business in a multitude of ways. Now that every business is deep rooted on the internet, social media data becomes all the more relevant and crucial. Here is how you can use data scraped from social media sites to get an edge in the competition.

Keeping watch on your competitors

Social media is the best place to watch your competitors’ activity and take counter initiatives to keep up or take over them. If you want to know what your competitors are up to, a social media scraping setup for scraping the posts that mention your competitors’ brand/product names can do the trick. This can also be used to learn a thing or two from their activities on social media so that you can take respective measures to stay ahead of them. For example, you could know if your competitor is running a special promotional offer at the moment and come up with something better than theirs to keep up. This can do wonders if you are in a highly competitive industry like Ecommerce where the competition is intense. If you are not using some help from web scraping technology to keep a close watch on your competitors, you could easily get left over in this fast-paced business scene.

Solving customer issues at the earliest

Customers are vocal about their experience with different products and services on social media sites these days. If you have a customer whose issue was left unsolved, there is a good chance that he/she will take it to the social media to vent the frustration. Watching out for such instances and giving them prompt support should be something you should do if you want to retain these customers and stop them from ruining your brand’s image. By scraping social media sites for posts that mention your product/service, you can easily find out if there are such grievances from customers. This can make sure to an extent that you don’t let unhappy customers stay that way, which eventually hurts your business in the long run. Customers can make or break your company, so using social media scraping to serve the customers better can help you succeed eventually.

Sentiment analysis

Social media data can play a good job at helping you understand user sentiments. With the help of social media scraping, a business can get the big picture about general perception of their brand by their users. This can go a long way since this level of feedback can help you fix unnoticed issues with your company and service quickly. By rectifying them, you can make your brand more appealing to the customers. Sentiment analysis will provide you with the opportunity to transform your business into how customers want it to be. Social media scraping is the one and only way to have access to this user sentiment data which can help you optimize your business for the customers.

Web crawling for social media data

When social media data possess so much value to businesses, it makes sense to look for efficient ways to gather and use this data. Manually scrolling through millions of tweets doesn’t make sense, this is why you should use social media scraping to aggregate the relevant data for your business. Besides, web scraping technologies make it possible to handle huge amounts of data with ease. Since the size of data is huge when it comes to business related requirements, web scraping is the only scalable solution worth considering. To make things even simpler, there are reliable web scraping solutions that offer social media scraping services for brand monitoring.

Bottom line

Since social media has become an integral part of online businesses, the data available on these sites possess immense value to companies in every industry. Social media scraping can be used for brand monitoring and gaining competitive intelligence that can be used to optimize your business model for maximum effectiveness. This will in turn make your company stand out from the competition and the added advantage of insights gained from social media data will help you to take over your competitors.

Source: https://www.promptcloud.com/blog/social-media-scraping-for-competitive-intelligence

Business Intelligence & Data Warehousing in a Business Perspective

Business Intelligence & Data Warehousing in a Business Perspective

Business Intelligence

Business Intelligence has become a very important activity in the business arena irrespective of the domain due to the fact that managers need to analyze comprehensively in order to face the challenges.

Data sourcing, data analysing, extracting the correct information for a given criteria, assessing the risks and finally supporting the decision making process are the main components of BI.

In a business perspective, core stakeholders need to be well aware of all the above stages and be crystal clear on expectations. The person, who is being assigned with the role of Business Analyst (BA) for the BI initiative either from the BI solution providers' side or the company itself, needs to take the full responsibility on assuring that all the above steps are correctly being carried out, in a way that it would ultimately give the business the expected leverage. The management, who will be the users of the BI solution, and the business stakeholders, need to communicate with the BA correctly and elaborately on their expectations and help him throughout the process.

Data sourcing is an initial yet crucial step that would have a direct impact on the system where extracting information from multiple sources of data has to be carried out. The data may be on text documents such as memos, reports, email messages, and it may be on the formats such as photographs, images, sounds, and they can be on more computer oriented sources like databases, formatted tables, web pages and URL lists. The key to data sourcing is to obtain the information in electronic form. Therefore, typically scanners, digital cameras, database queries, web searches, computer file access etc, would play significant roles. In a business perspective, emphasis should be placed on the identification of the correct relevant data sources, the granularity of the data to be extracted, possibility of data being extracted from identified sources and the confirmation that only correct and accurate data is extracted and passed on to the data analysis stage of the BI process.

Business oriented stake holders guided by the BA need to put in lot of thought during the analyzing stage as well, which is the second phase. Synthesizing useful knowledge from collections of data should be done in an analytical way using the in-depth business knowledge whilst estimating current trends, integrating and summarizing disparate information, validating models of understanding, and predicting missing information or future trends. This process of data analysis is also called data mining or knowledge discovery. Probability theory, statistical analysis methods, operational research and artificial intelligence are the tools to be used within this stage. It is not expected that business oriented stake holders (including the BA) are experts of all the above theoretical concepts and application methodologies, but they need to be able to guide the relevant resources in order to achieve the ultimate expectations of BI, which they know best.

Identifying relevant criteria, conditions and parameters of report generation is solely based on business requirements, which need to be well communicated by the users and correctly captured by the BA. Ultimately, correct decision support will be facilitated through the BI initiative and it aims to provide warnings on important events, such as takeovers, market changes, and poor staff performance, so that preventative steps could be taken. It seeks to help analyze and make better business decisions, to improve sales or customer satisfaction or staff morale. It presents the information that manager's need, as and when they need it.

In a business sense, BI should go several steps forward bypassing the mere conventional reporting, which should explain "what has happened?" through baseline metrics. The value addition will be higher if it can produce descriptive metrics, which will explain "why has it happened?" and the value added to the business will be much higher if predictive metrics could be provided to explain "what will happen?" Therefore, when providing a BI solution, it is important to think in these additional value adding lines.

Data warehousing

In the context of BI, data warehousing (DW) is also a critical resource to be implemented to maximize the effectiveness of the BI process. BI and DW are two terminologies that go in line. It has come to a level where a true BI system is ineffective without a powerful DW, in order to understand the reality behind this statement, it's important to have an insight in to what DW really is.

A data warehouse is one large data store for the business in concern which has integrated, time variant, non volatile collection of data in support of management's decision making process. It will mainly have transactional data which would facilitate effective querying, analyzing and report generation, which in turn would give the management the required level of information for the decision making.

The reasons to have BI together with DW

At this point, it should be made clear why a BI tool is more effective with a powerful DW. To query, analyze and generate worthy reports, the systems should have information available. Importantly, transactional information such as sales data, human resources data etc. are available normally in different applications of the enterprise, which would obviously be physically held in different databases. Therefore, data is not at one particular place, hence making it very difficult to generate intelligent information.

The level of reports expected today, are not merely independent for each department, but managers today want to analyze data and relationships across the enterprise so that their BI process is effective. Therefore, having data coming from all the sources to one location in the form of a data warehouse is crucial for the success of the BI initiative. In a business viewpoint, this message should be passed and sold to the managements of enterprises so that they understand the value of the investment. Once invested, its gains could be achieved over several years, in turn marking a high ROI.

Investment costs for a DW in the short term may look quite high, but it's important to re-iterate that the gains are much higher and it will span over many years to come. It also reduces future development cost since with the DW any requested report or view could be easily facilitated. However, it is important to find the right business sponsor for the project. He or she needs to communicate regularly with executives to ensure that they understand the value of what's being built. Business sponsors need to be decisive, take an enterprise-wide perspective and have the authority to enforce their decisions.

Process

Implementation of a DW itself overlaps with some phases of the above explained BI process and it's important to note that in a process standpoint, DW falls in to the first few phases of the entire BI initiative. Gaining highly valuable information out of DW is the latter part of the BI process. This can be done in many ways. DW can be used as the data repository of application servers that run decision support systems, management Information Systems, Expert systems etc., through them, intelligent information could be achieved.

But one of the latest strategies is to build cubes out of the DW and allow users to analyze data in multiple dimensions, and also provide with powerful analytical supporting such as drill down information in to granular levels. Cube is a concept that is different to the traditional relational 2-dimensional tabular view, and it has multiple dimensions, allowing a manager to analyze data based on multiple factors, and not just two factors. On the other hand, it allows the user to select whatever the dimension he wish to choose for analyzing purposes and not be limited by one fixed view of data, which is called as slice & dice in DW terminology.

BI for a serious enterprise is not just a phase of a computerization process, but it is one of the major strategies behind the entire organizational drivers. Therefore management should sit down and build up a BI strategy for the company and identify the information they require in each business direction within the enterprise. Given this, BA needs to analyze the organizational data sources in order to build up the most effective DW which would help the strategized BI process.

High level Ideas on Implementation

At the heart of the data warehousing process is the extract, transform, and load (ETL) process. Implementation of this merely is a technical concern but it's a business concern to make sure it is designed in such a way that it ultimately helps to satisfy the business requirements. This process is responsible for connecting to and extracting data from one or more transactional systems (source systems), transforming it according to the business rules defined through the business objectives, and loading it into the all important data model. It is at this point where data quality should be gained. Of the many responsibilities of the data warehouse, the ETL process represents a significant portion of all the moving parts of the warehousing process.

Creation of a powerful DW depends on the correctness of data modeling, which is the responsibility of the database architect of the project, but BA needs to play a pivotal role providing him with correct data sources, data requirements and most importantly business dimensions. Business Dimensional modeling is a special method used for DW projects and this normally should be carried out by the BA and from there onwards technical experts should take up the work. Dimensions are perspectives specific to a business that could be used for analysis purposes. As an example, for a sales database, the dimensions could include Product, Time, Store, etc. Obviously these dimensions differ from one business to another and hence for each DW initiative those dimensions should be correctly identified and that could be very well done by a person who has experience in the DW domain and understands the business as well, making it apparent that DW BA is the person responsible.

Each of the identified dimensions would be turned in to a dimension table at the implementation phase, and the objective of the above explained ETL process is to fill up these dimension tables, which in turn will be taken to the level of the DW after performing some more database activities based on a strong underlying data model. Implementation details are not important for a business stakeholder but being aware of high level process to this level is important so that they are also on the same pitch as that of the developers and can confirm that developers are actually doing what they are supposed to do and would ultimately deliver what they are supposed to deliver.

Security is also vital in this regard, since this entire effort deals with highly sensitive information and identification of access right to specific people to specific information should be correctly identified and captured at the requirements analysis stage.

Advantages

There are so many advantages of BI system. More presentation of analytics directly to the customer or supply chain partner will be possible. Customer scores, customer campaigns and new product bundles can all be produced from analytic structures resulting in high customer retention and creation of unique products. More collaboration within information can be achieved from effective BI. Rather than middle managers getting great reports and making their own areas look good, information will be conveyed into other functions and rapidly shared to create collaborative decisions increasing the efficiency and accuracy. The return on human capital will be greatly increased.

Managers at all levels will save their time on data analysis, and hence saving money for the enterprise, as the time of managers is equal to money in a financial perspective. Since powerful BI would enable monitoring internal processes of the enterprises more closely and allow making them more efficient, the overall success of the organization would automatically grow. All these would help to derive a high ROI on BI together with a strong DW. It is a common experience to notice very high ROI figures on such implementations, and it is also important to note that there are many non-measurable gains whilst we consider most of the measurable gains for the ROI calculation. However, at a stage where it is intended to take the management buy-in for the BI initiative, it's important to convert all the non measurable gains in to monitory values as much as possible, for example, saving of managers time can be converted in to a monitory value using his compensation.

The author has knowledge in both Business and IT. Started career as a Software Engineer and moved to work in the business analysis area of a premier US based software company.

Source: http://ezinearticles.com/?Business-Intelligence-and-Data-Warehousing-in-a-Business-Perspective&id=35640

Getting Data from the Web

Getting Data from the Web

You’ve tried everything else, and you haven’t managed to get your hands on the data you want. You’ve found the data on the web, but, alas — no download options are available and copy-paste has failed you. Fear not, there may still be a way to get the data out. For example you can:

Get data from web-based APIs, such as interfaces provided by online databases and many modern web applications (including Twitter, Facebook and many others). This is a fantastic way to access government or commercial data, as well as data from social media sites.

Extract data from PDFs. This is very difficult, as PDF is a language for printers and does not retain much information on the structure of the data that is displayed within a document. Extracting information from PDFs is beyond the scope of this book, but there are some tools and tutorials that may help you do it.

Screen scrape web sites. During screen scraping, you’re extracting structured content from a normal web page with the help of a scraping utility or by writing a small piece of code. While this method is very powerful and can be used in many places, it requires a bit of understanding about how the web works.

With all those great technical options, don’t forget the simple options: often it is worth to spend some time searching for a file with machine-readable data or to call the institution which is holding the data you want.

In this chapter we walk through a very basic example of scraping data from an HTML web page.
What is machine-readable data?

The goal for most of these methods is to get access to machine-readable data. Machine readable data is created for processing by a computer, instead of the presentation to a human user. The structure of such data relates to contained information, and not the way it is displayed eventually. Examples of easily machine-readable formats include CSV, XML, JSON and Excel files, while formats like Word documents, HTML pages and PDF files are more concerned with the visual layout of the information. PDF for example is a language which talks directly to your printer, it’s concerned with position of lines and dots on a page, rather than distinguishable characters.
Scraping web sites: what for?

Everyone has done this: you go to a web site, see an interesting table and try to copy it over to Excel so you can add some numbers up or store it for later. Yet this often does not really work, or the information you want is spread across a large number of web sites. Copying by hand can quickly become very tedious, so it makes sense to use a bit of code to do it.

The advantage of scraping is that you can do it with virtually any web site — from weather forecasts to government spending, even if that site does not have an API for raw data access.
What you can and cannot scrape

There are, of course, limits to what can be scraped. Some factors that make it harder to scrape a site include:

Badly formatted HTML code with little or no structural information e.g. older government websites.

Authentication systems that are supposed to prevent automatic access e.g. CAPTCHA codes and paywalls.

Session-based systems that use browser cookies to keep track of what the user has been doing.

A lack of complete item listings and possibilities for wildcard search.

Blocking of bulk access by the server administrators.

Another set of limitations are legal barriers: some countries recognize database rights, which may limit your right to re-use information that has been published online. Sometimes, you can choose to ignore the license and do it anyway — depending on your jurisdiction, you may have special rights as a journalist. Scraping freely available Government data should be fine, but you may wish to double check before you publish. Commercial organizations — and certain NGOs — react with less tolerance and may try to claim that you’re “sabotaging” their systems. Other information may infringe the privacy of individuals and thereby violate data privacy laws or professional ethics.
Tools that help you scrape

There are many programs that can be used to extract bulk information from a web site, including browser extensions and some web services. Depending on your browser, tools like Readability (which helps extract text from a page) or DownThemAll (which allows you to download many files at once) will help you automate some tedious tasks, while Chrome’s Scraper extension was explicitly built to extract tables from web sites. Developer extensions like FireBug (for Firefox, the same thing is already included in Chrome, Safari and IE) let you track exactly how a web site is structured and what communications happen between your browser and the server.

ScraperWiki is a web site that allows you to code scrapers in a number of different programming languages, including Python, Ruby and PHP. If you want to get started with scraping without the hassle of setting up a programming environment on your computer, this is the way to go. Other web services, such as Google Spreadsheets and Yahoo! Pipes also allow you to perform some extraction from other web sites.
How does a web scraper work?

Web scrapers are usually small pieces of code written in a programming language such as Python, Ruby or PHP. Choosing the right language is largely a question of which community you have access to: if there is someone in your newsroom or city already working with one of these languages, then it makes sense to adopt the same language.

While some of the click-and-point scraping tools mentioned before may be helpful to get started, the real complexity involved in scraping a web site is in addressing the right pages and the right elements within these pages to extract the desired information. These tasks aren’t about programming, but understanding the structure of the web site and database.

When displaying a web site, your browser will almost always make use of two technologies: HTTP is a way for it to communicate with the server and to request specific resource, such as documents, images or videos. HTML is the language in which web sites are composed.
The anatomy of a web page

Any HTML page is structured as a hierarchy of boxes (which are defined by HTML “tags”). A large box will contain many smaller ones — for example a table that has many smaller divisions: rows and cells. There are many types of tags that perform different functions — some produce boxes, others tables, images or links. Tags can also have additional properties (e.g. they can be unique identifiers) and can belong to groups called ‘classes’, which makes it possible to target and capture individual elements within a document. Selecting the appropriate elements this way and extracting their content is the key to writing a scraper.

Viewing the elements in a web page: everything can be broken up into boxes within boxes.

To scrape web pages, you’ll need to learn a bit about the different types of elements that can be in an HTML document. For example, the <table> element wraps a whole table, which has <tr> (table row) elements for its rows, which in turn contain <td> (table data) for each cell. The most common element type you will encounter is <div>, which can basically mean any block of content. The easiest way to get a feel for these elements is by using the developer toolbar in your browser: they will allow you to hover over any part of a web page and see what the underlying code is.

Tags work like book ends, marking the start and the end of a unit. For example <em> signifies the start of an italicized or emphasized piece of text and </em> signifies the end of that section. Easy.

An example: scraping nuclear incidents with Python

NEWS is the International Atomic Energy Agency’s (IAEA) portal on world-wide radiation incidents (and a strong contender for membership in the Weird Title Club!). The web page lists incidents in a simple, blog-like site that can be easily scraped.

To start, create a new Python scraper on ScraperWiki and you will be presented with a text area that is mostly empty, except for some scaffolding code. In another browser window, open the IAEA site and open the developer toolbar in your browser. In the “Elements” view, try to find the HTML element for one of the news item titles. Your browser’s developer toolbar helps you connect elements on the web page with the underlying HTML code.

Investigating this page will reveal that the titles are <h4> elements within a <table>. Each event is a <tr> row, which also contains a description and a date. If we want to extract the titles of all events, we should find a way to select each row in the table sequentially, while fetching all the text within the title elements.

In order to turn this process into code, we need to make ourselves aware of all the steps involved. To get a feeling for the kind of steps required, let’s play a simple game: In your ScraperWiki window, try to write up individual instructions for yourself, for each thing you are going to do while writing this scraper, like steps in a recipe (prefix each line with a hash sign to tell Python that this not real computer code). For example:

  # Look for all rows in the table
  # Unicorn must not overflow on left side.

Try to be as precise as you can and don’t assume that the program knows anything about the page you’re attempting to scrape.

Once you’ve written down some pseudo-code, let’s compare this to the essential code for our first scraper:

  import scraperwiki
  from lxml import html

In this first section, we’re importing existing functionality from libraries — snippets of pre-written code. scraperwiki will give us the ability to download web sites, while lxml is a tool for the structured analysis of HTML documents. Good news: if you are writing a Python scraper with ScraperWiki, these two lines will always be the same.

  url = "http://www-news.iaea.org/EventList.aspx"
  doc_text = scraperwiki.scrape(url)
  doc = html.fromstring(doc_text)

Next, the code makes a name (variable): url, and assigns the URL of the IAEA page as its value. This tells the scraper that this thing exists and we want to pay attention to it. Note that the URL itself is in quotes as it is not part of the program code but a string, a sequence of characters.

We then use the url variable as input to a function, scraperwiki.scrape. A function will provide some defined job — in this case it’ll download a web page. When it’s finished, it’ll assign its output to another variable, doc_text. doc_text will now hold the actual text of the website — not the visual form you see in your browser, but the source code, including all the tags. Since this form is not very easy to parse, we’ll use another function, html.fromstring, to generate a special representation where we can easily address elements, the so-called document object model (DOM).

  for row in doc.cssselect("#tblEvents tr"):
  link_in_header = row.cssselect("h4 a").pop()
  event_title = link_in_header.text
  print event_title

In this final step, we use the DOM to find each row in our table and extract the event’s title from its header. Two new concepts are used: the for loop and element selection (.cssselect). The for loop essentially does what its name implies; it will traverse a list of items, assigning each a temporary alias (row in this case) and then run any indented instructions for each item.

The other new concept, element selection, is making use of a special language to find elements in the document. CSS selectors are normally used to add layout information to HTML elements and can be used to precisely pick an element out of a page. In this case (Line. 6) we’re selecting #tblEvents tr which will match each <tr> within the table element with the ID tblEvents (the hash simply signifies ID). Note that this will return a list of <tr> elements.

As can be seen on the next line (Line. 7), where we’re applying another selector to find any <a> (which is a hyperlink) within a <h4> (a title). Here we only want to look at a single element (there’s just one title per row), so we have to pop it off the top of the list returned by our selector with the .pop() function.

Note that some elements in the DOM contain actual text, i.e. text that is not part of any markup language, which we can access using the [element].text syntax seen on line 8. Finally, in line 9, we’re printing that text to the ScraperWiki console. If you hit run in your scraper, the smaller window should now start listing the event’s names from the IAEA web site.

  figs/incoming/04-DD.png
  Figure 58. A scraper in action (ScraperWiki)

You can now see a basic scraper operating: it downloads the web page, transforms it into the DOM form and then allows you to pick and extract certain content. Given this skeleton, you can try and solve some of the remaining problems using the ScraperWiki and Python documentation:

Can you find the address for the link in each event’s title?

Can you select the small box that contains the date and place by using its CSS class name and extract the element’s text?

ScraperWiki offers a small database to each scraper so you can store the results; copy the relevant example from their docs and adapt it so it will save the event titles, links and dates.

The event list has many pages; can you scrape multiple pages to get historic events as well?

As you’re trying to solve these challenges, have a look around ScraperWiki: there are many useful examples in the existing scrapers — and quite often, the data is pretty exciting, too. This way, you don’t need to start off your scraper from scratch: just choose one that is similar, fork it and adapt to your problem.

Source: http://datajournalismhandbook.org/1.0/en/getting_data_3.html

Are You Screen Scraping or Data Mining?

Are You Screen Scraping or Data Mining?

Many of us seem to use these terms interchangeably but let’s make sure we are clear about the differences that make each of these approaches different from the other.

Basically, screen scraping is a process where you use a computer program or software to extract information from a website.  This is different than crawling, searching or mining a site because you are not indexing everything on the page – a screen scraper simply extracts precise information selected by the user.  Screen scraping is a useful application when you want to do real-time, price and product comparisons, archive web pages, or acquire data sets that you want to evaluate or filter.

When you perform screen scraping, you are able to scrape data more directly and, you can automate the process if you are using the right solution. Different types of screen scraping services and solutions offer different ways of obtaining information. Some look directly at the html code of the webpage to grab the data while others use more advanced, visual abstraction techniques that can often avoid “breakage” errors when the web source experiences a programming or code change.

On the other hand, data mining is basically the process of automatically searching large amounts of information and data for patterns. This means that you already have the information and what you really need to do is analyze the contents to find the useful things you need. This is very different from screen scraping as screen scraping requires you to look for the data, collect it and then you can analyze it.

Data mining also involves a lot of complicated algorithms often based on various statistical methods. This process has nothing to do with how you obtain the data. All it cares about is analyzing what is available for evaluation.

Screen scraping is often mistaken for data mining when, in fact, these are two different things. Today, there are online services that offer screen scraping. Depending on what you need, you can have it custom tailored to meet your specific needs and perform precisely the tasks you want. But screen scraping does not guarantee any kind of analysis of the data.

Source: http://www.connotate.com/are-you-screen-scraping-or-data-mining/

Scraping the Royal Society membership list

To a data scientist any data is fair game, from my interest in the history of science I came across the membership records of the Royal Society from 1660 to 2007 which are available as a single PDF file. I’ve scraped the membership list before: the first time around I wrote a C# application which parsed a plain text file which I had made from the original PDF using an online converting service, looking back at the code it is fiendishly complicated and cluttered by boilerplate code required to build a GUI. ScraperWiki includes a pdftoxml function so I thought I’d see if this would make the process of parsing easier, and compare the ScraperWiki experience more widely with my earlier scraper.

The membership list is laid out quite simply, as shown in the image below, each member (or Fellow) record spans two lines with the member name in the left most column on the first line and information on their birth date and the day they died, the class of their Fellowship and their election date on the second line.

Later in the document we find that information on the Presidents of the Royal Society is found on the same line as the Fellow name and that Royal Patrons are formatted a little differently. There are also alias records where the second line points to the primary record for the name on the first line.

pdftoxml converts a PDF into an xml file, wherein each piece of text is located on the page using spatial coordinates, an individual line looks like this:

<text top="243" left="135" width="221" height="14" font="2">Abbot, Charles, 1st Baron Colchester </text>

This makes parsing columnar data straightforward you simply need to select elements with particular values of the “left” attribute. It turns out that the columns are not in exactly the same positions throughout the whole document, which appears to have been constructed by tacking together the membership list A-J with that of K-Z, but this can easily be resolved by accepting a small range of positions for each column.

Attempting to automatically parse all 395 pages of the document reveals some transcription errors: one Fellow was apparently elected on 16th March 197 – a bit of Googling reveals that the real date is 16th March 1978. Another fellow is classed as a “Felllow”, and whilst most of the dates of birth and death are separated by a dash some are separated by an en dash which as far as the code is concerned is something completely different and so on. In my earlier iteration I missed some of these quirks or fixed them by editing the converted text file. These variations suggest that the source document was typed manually rather than being output from a pre-existing database. Since I couldn’t edit the source document I was obliged to code around these quirks.

ScraperWiki helpfully makes putting data into a SQLite database the simplest option for a scraper. My handling of dates in this version of the scraper is a little unsatisfactory: presidential terms are described in terms of a start and end year but are rendered 1st January of those years in the database. Furthermore, in historical documents dates may not be known accurately so someone may have a birth date described as “circa 1782? or “c 1782?, even more vaguely they may be described as having “flourished 1663-1778? or “fl. 1663-1778?. Python’s default datetime module does not capture this subtlety and if it did the database used to store dates would need to support it too to be useful – I’ve addressed this by storing the original life span data as text so that it can be analysed should the need arise. Storing dates as proper dates in the database, rather than text strings means we can query the database using date based queries.

ScraperWiki provides an API to my dataset so that I can query it using SQL, and since it is public anyone else can do this too. So, for example, it’s easy to write queries that tell you the the database contains 8019 Fellows, 56 Presidents, 387 born before 1700, 3657 with no birth date, 2360 with no death date, 204 “flourished”, 450 have birth dates “circa” some year.

I can count the number of classes of fellows:

select distinct class,count(*) from `RoyalSocietyFellows` group by class

Make a table of all of the Presidents of the Royal Society

select * from `RoyalSocietyFellows` where StartPresident not null order by StartPresident desc

…and so on. These illustrations just use the ScraperWiki htmltable export option to display the data as a table but equally I could use similar queries to pull data into a visualisation.

Comparing this to my earlier experience, the benefits of using ScraperWiki are:

•    Nice traceable code to provide a provenance for the dataset;

•    Access to the pdftoxml library;

•    Strong encouragement to “do the right thing” and put the data into a database;

•    Publication of the data;

•    A simple API giving access to the data for reuse by all.

My next target for ScraperWiki may well be the membership lists for the French Academie des Sciences, a task which proved too complex for a simple plain text scraper…

Sources URL :                             http://yellowpagesdatascraping.blogspot.in/2015/06/scraping-royal-society-membership-list.html

Scraping the Bottom of the Barrel - The Perils of Online Article Marketing

Many online article marketers so desperately wish to succeed, they want to dump corporate life and work for themselves out of their home. They decide they are going to create an online money making website. Therefore, they look around to see what everyone else is doing, and watch the methods others use to attract online buyers, and then they mimic their marketing, their strategies, and their business models.

Still, if you are copying what other people (less ethical people) are doing in online article marketing, those which are scraping the bottom of the barrel and using false advertising and misrepresentations, then all you are really doing is perpetuating distrust on the Internet. Therefore, you are hurting everyone, including people like me. You must realize that people like me don't appreciate that.

Let me give you a few examples of some of the things going on out there, thing that are being done by people who are ethically challenged. Far too many people write articles and then on their byline they send the Internet surfer or reader of the article to a website that has a squeeze page. The squeeze page has no real information on it, rather it asks for their name and e-mail address.

If the would-be Internet surfer is unwise enough to type in their name and email address they will be spammed by e-mail, receiving various hard-sell marketing pieces. Then, if the Internet Surfer does decide to put in their e-mail address, the website grants them access and then takes them to the page with information about what they are selling, or their online marketing "make you a millionaire" scheme.

Generally, these are five page sales letters, with tons of testimonials of people you've never heard of, and may not actually exist, and all sorts of unsubstantiated earnings claims of how much money you will make if you give them $39.35 by way of PayPal, for this limited offer "Now!" And they will send you an E-book with a strategic plan of how you can duplicate what they are doing. The reality is whatever they are doing is questionable to begin with.

Source URL  : http://ezinearticles.com/?Scraping-the-Bottom-of-the-Barrel---The-Perils-of-Online-Article-Marketing&id=2710103

Web scraping in under 60 seconds: the magic of import.io

This post was written by Rubén Moya, School of Data fellow in Mexico, and originally posted on Escuela de Datos.

Import.io is a very powerful and easy-to-use tool for data extraction that has the aim of getting data from any website in a structured way.
It is meant for non-programmers that need data (and for programmers who don’t want to overcomplicate their lives).

I almost forgot!! Apart from everything, it is also a free tool (o_O)

The purpose of this post is to teach you how to scrape a website and make a dataset and/or API in under 60 seconds. Are you ready?

It’s very simple. You just have to go to http://magic.import.io; post the URL of the site you want to scrape, and push the “GET DATA” button.
Yes! It is that simple! No plugins, downloads, previous knowledge or registration are necessary. You can do this from any browser; it even
works on tablets and smartphones.

For example: if we want to have a table with the information on all items related to Chewbacca on MercadoLibre (a Latin American version
of eBay), we just need to go to that site and make a search – then copy and paste the link (http://listado.mercadolibre.com.mx/chewbacca)
on Import.io, and push the “GET DATA” button.

You’ll notice that now you have all the information on a table, and all you need to do is remove the columns you don’t need. To do this, just
place the mouse pointer on top of the column you want to delete, and an “X” will appear.

Finally, it’s enough for you to click on “download” to get it in a csv file.
In our example, we have 373 pages with 48 articles each. So this option will be very useful for us.

Good news for those of us who are a bit more technically-oriented! There is a button that says “GET API” and this one is good to, well,
generate an API that will update the data on each request. For this you need to create an account (which is also free of cost).

As you saw, we can scrape any website in under 60 seconds, even if it includes tons of results pages. This truly is magic, no? For more
complex things that require logins, entering subwebs, automatized searches, et cetera, there is downloadable import.io software… But I’ll
explain that in a different post.

Source : http://schoolofdata.org/2014/12/09/web-scraping-in-under-60-seconds-the-magic-of-import-io/

Beginner’s guide to Web Scraping in Python (using Beautiful Soup)

Introduction
The need and importance of extracting data from the web is becoming increasingly loud and clear. Every few weeks, I find myself in a

situation where we need to extract data from the web. For example, last week we were thinking of creating an index of hotness and

sentiment about various data science courses available on the internet. This would not only require finding out new courses, but also

scrape the web for their reviews and then summarizing them in a few metrics! This is one of the problems / products, whose efficacy

depends more on web scrapping and information extraction (data collection) than the techniques used to summarize the data.

Ways to extract information from web

There are several ways to extract information from the web. Use of APIs being probably the best way to extract data from a website.

Almost all large websites like Twitter, Facebook, Google, Twitter, StackOverflow provide APIs to access their data in a more structured

manner. If you can get what you need through an API, it is almost always preferred approach over web scrapping. This is because if you

are getting access to structured data from the provider, why would you want to create an engine to extract the same information.

Sadly, not all websites provide an API. Some do it because they do not want the readers to extract huge information in structured way,

while others don’t provide APIs due to lack of technical knowledge. What do you do in these cases? Well, we need to scrape the website

to fetch the information.

There might be a few other ways like RSS feeds, but they are limited in their use and hence I am not including them in the discussion

here.

What is Web Scraping?

Web scraping is a computer software technique of extracting information from websites. This technique mostly focuses on the

transformation of unstructured data (HTML format) on the web into structured data (database or spreadsheet).

You can perform web scrapping in various ways, including use of Google Docs to almost every programming language. I would resort to

Python because of its ease and rich eocsystem. It has a library known as ‘Beautiful Soup’ which assists this task. In this article, I’ll show

you the easiest way to learn web scraping using python programming.

For those of you, who need a non-programming way to extract information out of web pages, you can also look at import.io . It provides a

GUI driven interface to perform all basic web scraping operations. The hackers can continue to read this article!

Libraries required for web scraping

As we know, python is a open source programming language. You may find many libraries to perform one function. Hence, it is necessary

to find the best to use library. I prefer Beautiful Soup (python library), since it is easy and intuitive to work on. Precisely, I’ll use two

Python modules for scraping data:

Urllib2: It is a Python module which can be used for fetching URLs. It defines functions and classes to help with URL actions (basic and

digest authentication, redirections, cookies, etc). For more detail refer to the documentation page.

Beautiful Soup: It is an incredible tool for pulling out information from a webpage. You can use it to extract tables, lists, paragraph and

you can also put filters to extract information from web pages. In this article, we will use latest version Beautiful Soup 4. You can look at

the installation instruction in its documentation page.

Beautiful Soup does not fetch the web page for us. That’s why, I use urllib2 in combination with the BeautifulSoup library.

Python has several other options for HTML scraping in addition to Beatiful Soup. Here are some others:

    -mechanize
    -scrapemark
    -scrapy

Basics – Get familiar with HTML (Tags)

While performing web scarping, we deal with html tags. Thus, we must have good understanding of them.                      
 you already know basics of HTML, you can skip this section. Below is the basic syntax of HTML:
  This syntax has various tags as elaborated below:

    <!DOCTYPE html> : HTML documents must start with a type declaration
      HTML document is contained between <html> and </html>
      The visible part of the HTML document is between <body> and </body>
       HTML headings are defined with the <h1> to <h6> tags
       HTML paragraphs are defined with the <

Scrapping a web Page using Beautiful Soup

Here, I am scraping data from a Wikipedia page. Our final goal is to extract list of state, union territory capitals in India. And some basic

detail like establishment, former capital and others form this wikipedia page. Let’s learn with doing this project step wise step:

Import necessary libraries:

#import the library used to query a website
import urllib2
#specify the url
wiki = "https://en.wikipedia.org/wiki/List_of_state_and_union_territory_capitals_in_India"
#Query the website and return the html to the variable 'page'
page = urllib2.urlopen(wiki)
#import the Beautiful soup functions to parse the data returned from the website
from bs4 import Beautiful Soup
#Parse the html in the 'page' variable, and store it in Beautiful Soup format
soup = Beautiful Soup(page)

Use function “prettify” to look at nested structure of HTML page

Above, you can see that structure of the HTML tags. This will help you to know about different available tags and how can you play with

these to extract information.

Work with HTML tags

    soup.<tag>: Return content between opening and closing tag including tag.
    In[30]:soup.title
    Out[30]:<title>List of state and union territory capitals in India - Wikipedia, the free encyclopedia</title>
    soup.<tag>.string: Return string within given tag
    In [38]:soup.title.string
    Out[38]:u'List of state and union territory capitals in India - Wikipedia, the free encyclopedia'

Find all the links within page’s <a> tags::  We know that, we can tag a link using tag “<a>”. So, we should go with option soup.a and it

should return the links available in the web page. Let’s do it.

    In [40]:soup.a
    Out[40]:<a id="top"></a>

Above, you can see that, we have only one output. Now to extract all the links within <a>, we will use

Above, it is showing all links including titles, links and other information.  Now to show only links, we need to iterate over each a tag and

then return the link using attribute “href” with get.

Find the right table: As we are seeking a table to extract information about state capitals, we should identify the right table first. Let’s

write the command to extract information within all table tags.

all_tables=soup.find_all('table')

Now to identify the right table, we will use attribute “class” of table and use it to filter the right table. In chrome, you can check the class

name by right click on the required table of web page –> Inspect element –> Copy the class name OR go through the output of above

command find the class name of right table.

right_table=soup.find('table', class_='wikitable sortable plainrowheaders')

\right_table

Extract the information to DataFrame: Here, we need to iterate through each row (tr) and then assign each element of tr (td) to a variable

and append it to a list. Let’s first look at the HTML structure of the table (I am not going to extract information for table heading <th>)
Above, you can notice that second element of <tr> is within tag <th> not <td> so we need to take care for this. Now to access value of

each element, we will use “find(text=True)” option with each element.  Let’s look at the code

#Generate lists

A=[]
B=[]
C=[]
D=[]
E=[]
F=[]
G=[]
for row in right_table.findAll("tr"):

    cells = row.findAll('td')
    states=row.findAll('th') #To store second column data
    if len(cells)==6: #Only extract table body not heading
        A.append(cells[0].find(text=True))
        B.append(states[0].find(text=True))
        C.append(cells[1].find(text=True))
        D.append(cells[2].find(text=True))
        E.append(cells[3].find(text=True))
        F.append(cells[4].find(text=True))
        G.append(cells[5].find(text=True))

#import pandas to convert list to data frame

import pandas as pd
df=pd.DataFrame(A,columns=['Number'])
df['State/UT']=B
df['Admin_Capital']=C
df['Legislative_Capital']=D
df['Judiciary_Capital']=E
df['Year_Capital']=F
df['Former_Capital']=G
df

Similarly, you can perform various other types of web scraping using “Beautiful Soup“. This will reduce your manual efforts to collect data

from web pages. You can also look at the other attributes like .parent, .contents, .descendants and .next_sibling, .prev_sibling and

various attributes to navigate using tag name. These will help you to scrap the web pages effectively.-

But, why can’t I just use Regular Expressions?

Now, if you know regular expressions, you might be thinking that you can write code using regular expression which can do the same

thing for you. I definitely had this question. In my experience with Beautiful Soup and Regular expressions to do same thing I found out:

Code written in Beautiful Soup is usually more robust than the one written using regular expressions. Codes written with regular

expressions need to be altered with any changes in pages. Even Beautiful Soup needs that in some cases, it is just that Beautiful Soup is

relatively better.

Regular expressions are much faster than Beautiful Soup, usually by a factor of 100 in giving the same outcome.

So, it boils down to speed vs. robustness of the code and there is no universal winner here. If the information you are looking for can be

extracted with simple regex statements, you should go ahead and use them. For almost any complex work, I usually recommend

BeautifulSoup more than regex.

End Note

In this article, we looked at web scraping methods using “Beautiful Soup” and “urllib2” in Python. We also looked at the basics of HTML

and perform the web scraping step by step while solving a challenge. I’d recommend you to practice this and use it for collecting data

from web pages.


 Source : http://www.analyticsvidhya.com/blog/2015/10/beginner-guide-web-scraping-beautiful-soup-python/

Web Scraping Service Vs Web Scraping Tool – Choosing The Best

Web scraping is a rapidly emerging technique of extracting data from any web source with the intent to use it for analyzing the market trends. Different business owners adopt this method to enhance their sales and growth. They are open with different tools and services of extracting data from the internet.

Here, the major question that rises is- What is suitable between web scraping services and web scraping tools or software? The feasible answer is web scraping service as it offers comparatively more benefits that any software or tool.

Advantages of web scraping services

A thick of web scraping companies render custom-based support to the businesses in data extraction. Some of the major compelling benefits of preferring web scraping services may include:

    Lowered cost: You can conveniently save your thousands of money and man-power as these services are available at comparatively low prices.

    Accuracy in results: Unlike the data extraction software, these services render premium level of accuracy in terms of results. The leading companies of web services ensure that they deliver exact outcomes to you as per your need through their services.

    Instant outcomes: It only takes maximum time duration of 3 to 4 hours to generate valuable information about any database by acquiring the services of reputed web scraping company. You can avail the advantage of time over market on your competitors.

Drawbacks of using web scraping tools

    Using data extraction software accompanies certain drawbacks with it that may include:
    Difficulty in data extraction from multifaceted websites.
    Difficulty in extracting huge bulk of data.
    It is comparatively a slower process than a service provider.
    Several sites have well-defined policies for screen scraping.

Summary: While making a comparison between web scraping tools and services, you may arrive at the conclusion that the services are much more beneficial, reliable, and efficient than the major tools.
   
 Source : http://www.web-parsing.com/blog/web-scraping-services-vs-web-scraping-tools-choosing-the-best/

Data Extraction: Tips to Get Exemplary Results

Data extraction is a skill, the more you master it – more are the chances of having a lucid picture of the volatile market and getting better perceptive of constantly changing trends. Escalating volatility in the market and intensifying competition has been the most contributing factors that have led to the rise of data extraction and data mining.

Data extraction is primarily used by companies (large and small, alike) to collect data from a specific industry, or data related to targeted customers or about their competition in the market. In fact, it has become a primary tool for marketers to plan their moves for branding and promoting particular products or services. It helps a wide plethora of industrial sectors to find and learn about specific data, based on their requirements.

And now with the rise of internet, web scraping has emerged as an important aspect that contributes to your success – the success of your venture or organization. It processes the HTML of a Web page to obtain data and convert it into to another format (i.e. HTML to XML).

Various extraction tools form an integral part of data extraction and data scrapping. Following offers a brief outline of some of these tools:

Email Extraction – An email extractor tool is used to acquire the email ids from any dependable sources automatically

Screen Scrapping – Screen scraping is a practice of reading text information from a screen and collecting visual data, rather than analyzing data as done in web scraping.

Data Mining as name suggests is a process of gathering patterns from information. It basically transforms the information into formats like CSV, MS excels, HTML and so and so forth, depending to your requirements

Web Spider – A Web spider is a computer program which browses internet in a systematic, automated manner. It is used by many search engines in order to provide up-to-date data

It is often seen that while extracting data; many get lost into the labyrinth of confusion, data overabundance, along with a lot of weird and not-so-familiar terms. Proper handling of these may sound easy, however; when not executed with appropriate procedure and processes; it may bring in disastrous results.

This no way means that data mining is a rocket science which only a few gifted and skilled people can take up. All it requires is undivided attention, keen preparation, and training, so brace up yourself for an overview of some practical tips that can help in successful data extraction and give a boost to your business.

Identify your Business Goals!:

Get a clear perspective in mind as to what are your business goals.

Data extraction can be bifurcated into various branches; and one needs to choose it wisely, depending on the business goals. E.g. your primary requirement is to get email ids of potential clients to conduct an email campaign; and for that you certainly need an email extractor. Use of this tool assists in extracting the email ids from trustworthy sources automatically. It essentially collects business contacts from various web pages, text files, HTML files, or any other format without duplicating the email ids. So, if you are not sure what you want; even applying the best tools will be of no use!

A crystal clear mindset helps in better understanding of market scenario and thus helps in formulation of powerful and effective strategies to get desired outcomes. E.g., people dealing in real estate business, should have a vision for it and which area they want to target specifically. With a clear vision they can clearly spell out what you want and where it should be.

Set Realistic Expectations:

Upon identifying your business goals, make sure to check out that they are realistic and attainable! Unrealistic and unachievable targets are the real cause for the obstacles and frustrations in the future.

Since, there are various tools that are and can be employed to extract data; vague or unclear goals make it difficult to determine which tool can be applied.

This crystal clear mindset; will help you give that insight about the direction your business is headed to.

Moreover, you can determine which method can be used to get excellent results. You can get a lucid picture of the past and present of your competitors and therefore helps in setting targets based on the others’ experiences. It is usually a wise move to set expectations that you have not achieved before.

Appoint Skilled Data Miner:

Skilled data miner with excellent data mining skills will reduce the painstaking and tiresome process of planning, devising and preparation.

For fresh start-ups, you can go ahead with the standard procedure however; if you have ample professionals at your disposal, pick up the right one who is not only knowledgeable but also reliable and sincere towards the task.

Prevent Data Deposits:

Being dead-sure of what you really want will help you avoid unnecessary data deposition.

Data mining just like real mining is a skill to know where the real treasure lies and being able to get it in the most efficient and effective way.

Being able to spot on authenticated & reliable resources, well researched information is what gives a short cut to locate the right and exact data.

If you are aimlessly opening every website; the results are bound to be ambiguous and would ultimately be a waste of time and effort.


Source:  http://www.habiledata.com/blog/data-extraction-is-not-a-rocket-science-follow-these-4-tips-to-get-exemplary-results