The tutorial by Ivan Despot provides a step-by-step guide on using Memgraph with Python and Jupyter Notebooks for basic network analysis, emphasizing Python's simplicity and popularity among data scientists. It outlines the process of setting up Memgraph using Docker, connecting to it via a Python script with the help of the GQLAlchemy package, and importing a dataset into Memgraph. The tutorial further demonstrates how to query the database and execute graph algorithms like PageRank to analyze the graph data. It concludes by encouraging readers to apply their knowledge creatively, suggesting participation in the Memgraph App Challenge to develop applications or integrations that harness the potential of graph data.