Cost of failure is one of the biggest factors considered while deciding on any approach for any venture - a project, a product or the company itself. This cost determines how much can we experiment, deviate from norms and dare to think differently. If the cost is high, we try to tread on the safe path. [Continue]

NASA scientists are planning to announce CosmosCode - an open source project to tap talent in the community. “CosmosCode is … allowing NASA scientists to begin a software project in the public domain, leveraging the true value of open-source software by creating an active community of volunteers,” said Cowan-Sharp, a NASA contractor. This is important because unlike in most of the cases, the benefit being perceived is that of the opening up the project to a wider talent. [Continue]