Benefits of ISO 26262 compliance
- Risk of injury or death as a result of functional failures is reduced to a standardized residual risk level.
- Customer satisfaction; meet important customer requirements!
- Prevention of large-scale recalls.
- Maintaining good image of product to be marketed.
- Remain competitive in the future.
- Prevention of liability claims:
- addressed to Punch Powertrain.
- addressed to individuals within Punch Powertrain (in case of gross negligence or fraud.
Functional safety = absence of unreasonable risk due to hazards caused by malfunctioning behavior