Monday, May 5, 2014

1996 IT Disaster

What is the worst thing that could happen if you business experiences an IT malfunction?  Let TVG Consulting, a Los Angeles IT Consulting company (http://tvgconsulting.com/), tell you.
During 1996 the Ariane 5, Europe’s most recent automatic satellite-launching rocket holding a set of four scientific satellites exploded only seconds after lift-off.  This satellite was made to help the study of magnetic field interaction of Earth and the solar winds.
The explosion occurred due to software that was trying to convert data to 16-bit format from 64-bit.  This resulted in an overflow error which in turn caused the explosion.  The costs of this particular enterprise was over $8 billion for development, but aboard Ariane 5, was an investment in the satellites, of $500 million!
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