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by Finage at May 18, 2021 4 MIN READ

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7 APIs Every Data Scientist Should Know

To create the best service, you need to get the best API. Developers and startup owners have a lot to think about when creating apps or websites, and identify the suitable API. Let’s look at a few reputable APIs every data scientist should pay attention at!

 

7 APIs Every Data Scientist Should Know

Data science has become an important component in running an enterprise these days. It facilitates the measurement and monitoring of important data and trends which in turn makes decision-making easier.

 

For data science to occur, it requires special units called APIs and this is what we will focus on. We will briefly look at what APIs are and also check the best APIs for data scientists.

Contents:

  1. Amazon Machine Learning API
  2. Finage API
  3. Google Maps API
  4. Spotify API
  5. Twilio API
  6. IBM Watson Discovery API
  7. Census.gov API

 

Before we can look at some of the best trading APIs available today, let's shed a little light on what an API is. The abbreviation stands for Application Programming Interface which is designed to ensure that two distinct pieces of code can work alongside each other without any issues. A good example is a website or app that deals with delivering financial data to its customers may use stock or currency data API.

 

If you want to know how to be a data scientist, you have to understand what APIs can do. To get the full picture, you need to study a few examples of the best practices. We will look at the best examples below. Let’s start!

 

1. Amazon Machine Learning API

Amazon has used the best machine learning trends and incorporated thin in this efficient API. The code exists on the AWS platform. It includes a simple UI that gets the job done without any lags. Machine learning has been used in this model to analyze data and make predictions where necessary.

 

 

In addition, it also provides data visualization features, and the right platform to check your statistics. These features explain why it is popular among online store owners. The ability to understand the behavior of customers creates the right environment for expansion.

 

2. Finage API

If you need historical or fundamental financial data for your app, daily or real-time data for your banking app, Finage provides all the needed accurate data available for the customers! It became a popular service in the industry, especially for startups as it offers many benefits. 

 

 

All you need to do is just get an easy-to-use REST API to get market data. Finage allows their clients to request data and receive response data. By using their services, you can get free or premium subscriptions, everything  according to your needs.

 

Developers and users can easily integrate Finage API and use different stock types worldwide. With simple and useful documentations, users can focus on their projects and business. Finage also provides scalable streaming market data, WebSocket and more to create your own trade platforms and apps. Moreover, you can get:

  • Historical stock
  • Forex
  • Crypto and ETF
  • Index prices, and more

3. Google Maps API

One of the most used features on websites is Google maps. The purpose of this tool is to allow easy visualization of locations on maps. It also includes guided navigation and the ability to make calculations of the proximity between various addresses.

 

 

There are more than 15 APIs under Google maps alone. This has led to it becoming one of the most common APIs today with more than 5 million sites using it actively.

4. Spotify API

The Spotify API enables you to spot important trends such as the most popular songs on the platform. In addition, it also enables you to access important data on the personal preferences of users based on their likes.

 

 

That way it is easier to make predictions on what type of music they like and make accurate suggestions. With this kind of function, you will be able to make apps that are targeted at the individual experience.

 

5. Twilio API

The TwilioAPI is directed at developers who want to create applications that focus on providing the best texting and calling experience. The Twilio API is capable of managing the immense load of the data involved in communications.

 

 

It enables your applications to create numbers and also access third-party apps such as WhatsApp. Additionally, it can be used to ensure that all accounts on the platform are real and legal, a key security measure.

 

6. IBM Watson Discovery API

This API is one of the best at studying online user behavior. The data collected can then be used to develop specific patterns that can be used to make marketing predictions.

 

 

It also includes tools that make it possible to make language translations and also analyze email marketing campaigns. This further adds to its use by e-commerce companies to ensure what goods or services to provide to their customers.

 

7. Census.gov API

Census.gov is one of the most popular APIs for businesses targeting an American audience. It is used to get important data related to the state of the economy or important demographics. With this API, you can develop a website that works with high-quality data from reliable sources. In a world that is run by data, this is an API to consider using.

 

 

Summing up, developers have a lot to think about when creating apps or websites. An important part of the process is identifying the suitable API. We have looked at a few reputable examples and what makes each one special!

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