Just because a critical failure hasn’t happened yet doesn’t mean it won’t happen in the future. The question becomes: If it ...

Functional safety engineers follow the ISA/IEC 61511 standard and perform calculations based on random hardware failures. These result in very low failure probabilities, which are then combined with ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Investopedia ...

With today’s powerful computational resources, digital design is increasingly used earlier in the design cycle to predict zero-hour nominal performance and to assess reliability. The methodology ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...

Failure is a dilemma. Even if your corporate culture is intolerant of failure, leaders know that the result will not be a failure-free company. It will be a culture that hides failures and cannot ...

When you consider what society has experienced in recent years, it can feel like we are spinning in circles – exhausting ourselves on a hamster wheel continuing to desperately do what we’ve always ...

In A Philosophical Essay on Probabilities, published in 1814, Pierre-Simon Laplace introduced a notorious hypothetical creature: a “vast intelligence” that knew the complete physical state of the ...

South Korean launch startup Innospace said it will attempt a second launch of its small rocket in the first half of 2026 ...