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Wired or wireless? Which costs more? Which sensor should you use? These are some of the questions Dynamox CEO Guillaume Barrault and George McMurtry from Intercom Pty Ltd aswered on their first webinar together. Now we are bringing them back to talk about the myths and actual facts of automatic failure detection as well as the best practices and current trends. "The Myths and Actual Facts of Automated Failure Detection and Forecasting". Live Webinar on the 9th of March at 9am AWST. For #predictivemainetance and #reliability people Contact us: https://bit.ly/contactdyx https://dynamox.net/ #ai #machinelearning #datascience #industry40 #webinar 00:00 - Introduction 01:41 - Is predictive maintenance expensive? 02:16 - Do you need to start big? 02:50 - For automated detection algorithms, one model does NOT fits all 05:03 - Is the technology reliable? 06:17 - Is predictive maintenance analysis that easy? 08:32 - Does AI and Machine Learning solve everything? 09:40 - Do I need and expert to understand the data? 10:33 - Machine learning algorithms, once parameterized, don't work on their own 13:37 - AI Concept, Machine Learning and Data Science 14:48 - The 3 Pillars simplified 14:54 - Parameterization 16:00 - Automated Detection 17:05 - Forecast 17:47 - Automated Detection Examples, the importance of the model (envelope) 19:50 - Forecast Examples 23:02 - Make the system work for you. Your data, your rules! 26:29 - There is no miraculous solution 27:40 - People are at the center of all system 39:44 - Dynamox builds partnerships 41:51 - Automated Detection Solution (Framework) 46:20 - Conclusion