Types of Fail Safe

Types of Fail Safe

Types of Fail Safe Jonathan Poland

A fail-safe is a mechanism or system that is designed to prevent harm or damage in the event of a malfunction or failure. While a fail-safe may not be able to prevent a failure from occurring, it is designed to minimize the consequences of the failure and ensure that the system remains safe. This is achieved through the use of redundant systems, backup systems, or other measures that are put in place to protect against the potential consequences of failure. The following are examples.

Elevators

Elevators are typically designed with special brakes that are held back by the tension of the elevator’s cable. If the cable snaps the loss of tension causes the brakes to be applied.

Trains

Railway trains commonly have air brakes that get applied automatically with the failure of the main brake system.

Earthquakes

Elevators and trains in earthquake prone regions such as Japan are often configured to detect earthquakes and automatically stop. Elevators may be designed to stop at the nearest floor and open their doors. In some cases, such systems are hooked up to earthquake early warning systems and can potentially stop seconds before an earthquake arrives.

Flight Control

Flight control computers are typically designed with redundancy so that if one goes down another kicks in. They may also be designed to detect a flight control computer that suffers from “insanity” meaning that it appears to be dysfunctional due to damage or other factors.

Electronic Locks

Electronic locks that are designed to be unlocked by default in the event of power failure. Some vehicles don’t have this feature and it’s possible to get locked in a car that loses power.

Traffic Lights

Traffic lights may be designed to blink red in all directions if their controller goes down.

Deadstick Landing

Aircraft are designed with some ability to glide and can be landed without any engine power. This isn’t completely safe but is certainly possible with a competent pilot if there is a suitable landing spot within range.

Submarines

Some submarines are designed to automatically drop their ballast in the event of power failure causing the submarine to surface.

Shut Off

Many machines are designed to shut off if they detect something is wrong.

Fail Over

Computer services are commonly designed with redundant servers. When one server fails, another replaces it almost instantaneously. This allows many services to maintain an uptime of 99.999% or greater.

Blockchain Jonathan Poland

Blockchain

Blockchain is a type of distributed database that allows multiple parties to store, share, and access data in a secure…

Types of Process Jonathan Poland

Types of Process

A process is a systematic, controlled, and repeatable way of working that is used to achieve specific goals or outcomes.…

Credit Risk Jonathan Poland

Credit Risk

Credit risk refers to the likelihood that a borrower will default on their debt obligations. When an entity has a…

Customer Retention Jonathan Poland

Customer Retention

Customer retention is the practice of reducing the loss of customers to competitors. A high customer retention rate typically results…

What is a One Stop Shop? Jonathan Poland

What is a One Stop Shop?

A one stop shop is a business that offers a wide range of products and services from a single location,…

Risk Mitigation Jonathan Poland

Risk Mitigation

Risk mitigation is the process of identifying, analyzing, and taking steps to reduce or eliminate risks to an individual or…

Market Value Jonathan Poland

Market Value

The value of an asset or good in a competitive market, where buyers and sellers can freely participate, is known…

Loss Leader Jonathan Poland

Loss Leader

A loss leader is a product or service that is sold at a price below its cost in order to…

Pre-Sales Jonathan Poland

Pre-Sales

The term “pre-sales” can refer to a range of different things depending on the industry in which it is used.…

Learn More

Strategic Risk Jonathan Poland

Strategic Risk

Strategy risk refers to the potential for losses resulting from the implementation of a particular strategy. All strategies carry some…

Refinancing Risk Jonathan Poland

Refinancing Risk

Refinancing risk is the risk that a borrower will be unable to secure new debt to replace an existing debt…

Competitive Advantage Jonathan Poland

Competitive Advantage

Competitive advantage refers to the unique advantages that a firm possesses over its competitors. In a highly competitive industry, firms…

Resource Efficiency Jonathan Poland

Resource Efficiency

Resource efficiency is the process of using resources in a way that maximizes their value and minimizes waste. This can…

What is Reliability? Jonathan Poland

What is Reliability?

Reliability is a measure of the ability of a product or service to perform consistently and predictably over time. It…

Audience Analysis Jonathan Poland

Audience Analysis

Audience analysis is the process of studying and understanding the characteristics of a target audience. This is often done in…

Intangible Assets Jonathan Poland

Intangible Assets

Intangible assets are non-physical assets that have monetary value and are expected to generate economic benefits for an organization. They…

Customer Satisfaction Jonathan Poland

Customer Satisfaction

Customer satisfaction is the practice of measuring how happy customers are with a brand’s products and services. This is typically…

Joint Ventures Jonathan Poland

Joint Ventures

A joint venture is a business venture or partnership between two or more parties. It is a collaborative effort in…