004 Eliminate Unplanned Downtime With Anurag Garg, CEO of Dattus Inc.

Anurag Garg is Co-founder and CEO of Dattus Inc., which provides predictive, prescriptive and preventative technology to reduce or eliminate the cost of unplanned downtime.

• The next "industrial revolution" is here thanks to companies like Dattus.
  
  
• Dattus is all about reducing or eliminating unplanned down-time, which can be very costly.
  
  
• The Dattus technology reports ahead of time that a machine will fail, via use of real-time reporting and continuous data collection.
  
  
• The Dattus systems will learn over time and will get better and better at predicting failure.  "Just like humans, the more data the system sees, the more it learns."
  
  
• This process is called "Machine Learning."
  
  
• The cost of down-time is huge and can change industry to industry.
  
  
• Continuous monitoring vs. "run to failure" mode.
  
  
• In some cases, using "nanotechnology" devices.  But the overall solution is "sensor-agnostic."
  
  
• Anurag was born in India and raised in Thailand.