Slide 1 Slide 2 Slide 3 Slide 4 Slide 5 Slide 6 Slide 7 Slide 8 Slide 9 Slide 10 Slide 11 Slide 12 Slide 13 Slide 14 Product List
driving forces
Instead of jumping into what functional safety is right away, it might make more sense to provide the background on how it came about. Functional safety is a product of three different forces that are common in the industrial market. These are: accident prevention, plant profitability, and insurance pressure. Catastrophic industrial accidents are a major driver of functional safety. Accidents like Three Mile Island, Bhopal, and Deep Water Horizon put public and monetary pressure on companies to become much more focused on preventing catastrophic failures that were deemed unacceptable. A shift in focus on plant profitability is also a major driver. Plants became much more focused on reducing downtime in every aspect of the operation, including elements of the process that were designed around the safety of humans. Pressure from insurance companies and increased enforcement by regulatory agencies was the third major driving force. Insurance companies drove premiums up due to risk levels, which plants counteracted by making it safer for their workers.
PTM Published on: 2018-10-15