A rough outline of the technology budget, as put together by Kevin and a robot
Types and Purposes:
SQL Databases: For structured data management, such as customer information and transaction records. Recommended: PostgreSQL or MySQL.
NoSQL Databases: To handle unstructured data, ideal for flexible data modeling required in certain projects. Recommended: MongoDB or Cassandra.
Cost Estimates:
Setup: Approximately $5,000 - $10,000 for initial deployment and configuration.
Maintenance: Monthly costs of around $500 - $1,000, varying with data load and usage.
Cloud Platforms:
Amazon Web Services (AWS): Offers a comprehensive suite of cloud services including computing power, database storage, and content delivery. Ideal for scalable and flexible solutions.
Usage Intentions:
Data Storage: Secure, scalable storage solutions for large datasets.
Computing Power: On-demand computing resources for data processing and machine learning tasks.
Application Hosting: Robust environment for hosting internal and external applications.
Cost Analysis:
Initial setup and migration: Estimated at $15,000 - $20,000.
Ongoing costs: Depending on usage, monthly costs could range from $1,000 to $5,000.
Essential Software:
Project Management Tools: Jira or Trello for project tracking and collaboration.
Collaboration Platforms: Slack for team communication and Microsoft Teams for integrated office collaboration.
Costs:
Trello: Around $10 per user/month for the Premium plan.
Airtable: Around $20 per user/month for the Team plan
Retain Machine Learning Scientist: $80,000
Hire Software Engineer: $60,000
Hire Outreach Manager: $50,000
Hire Editor/Writer: $30,000