# Monetization discussion [![hackmd-github-sync-badge](https://hackmd.io/y1OcL1QMQLiZjRwVB0t0RQ/badge)](https://hackmd.io/y1OcL1QMQLiZjRwVB0t0RQ) **Date:** 20/09/2022, 4:00pm UTC ## Participants - Franz - Guzal - Leonidas - Lukasz - Martin ## Open questions - what is the motivation behind monetizing? - what would be the model? - for profit, non profit? ## Notes - LM: there are different models for monetizing that require different levels of time investment/engagement - LT: preference to keep sktime open source and not change license, features, etc. - LT: potential idea: consulatancy realizing project using sktime and under sktime brand What is missing from the market most? - forecasting accuracy - rapidly iterating , experimenting with the model - deploying a forecaster - automl-like god-mode forecaster - feeding data to the forecaster - automatic data validation ## Actions - next time deep dive into SaaS? **Date:** 15/09/2022, 4:00pm UTC **Attendees:**: Franz, Guzal, Martin, Leonidas Minuting: **Location:** `sktime` discord ## Agenda ### 1. Discuss and clarify typical FOSS monetization models: - Bounty - Define software (issues) features and set a bounty (cash value) e.g. via GitHub Sponsors - Grants - Donations - SaaS (Software as a Service) - Providing API services - Pre-build pipelines - e.g. Huggingface - Dual licensing - Providing some parts of software as proprietary license - Consulting (e.g. [pymc](https://www.pymc-labs.io/)) - Online courses (e.g. [sklearn](https://www.fun-mooc.fr/en/courses/machine-learning-python-scikit-learn/)) - Book ### 2. Identify most attractive model for sktime-based business ## Notes #### Effort estimation - SaaS - MW: 3FTE - LM: launch 3 months x 2FTE, ops: 1FTE - LT: 3 FTES - Dual licensing - MW: 2 FTE - LT: 2 FTES - Consulting - LT: 2 FTEs - MW: 2 FTE - Online courses: - LT: 2 FTEs 2 months, ops: 0.2 FTE - GB: 2 FTEs 3 mo, ops: 2 0.2 FTE (1 module) - LM: 1 module (e.g. forecasting, classification) 2 months x 1FTE, ops 0.25 FTE #### Opportunity estimation - SaaS - Dual licensing - Consulting - Online courses: - e.g. https://blog.teachinguide.com/how-much-do-udemy-instructors-make/