Is Python a commercial proposition ?

Prasad, Ramit ramit.prasad at jpmorgan.com
Mon Jul 30 14:26:32 EDT 2012


> I work in financials and the majority of our apps are developed in C++
> and Java yet all the tools that startup, deploy and conduct rigorous
> unit testing are implemented in Python or Shell scripts that wrap
> Python scripts.
> 
> Python definitely has its place in the enterprise however not so much
> for serious stand alone app development.
> 
> I'm starting to see Python used along side many statistical and
> analytical tools like R, SPlus, and Mathlab for back testing and
> prototype work, in a lot of cases I've seen quants and traders
> implement models in Python to back test and if successful converted to
> Java or C++.

Maybe this is true in *your* experience but *my* experience is very 
different. I have seen Python modules become modules that end up 
rewritten in C for performance reasons but I consider that part of the 
power of Python and an argument *for* Python.

Ramit
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