COBOL: The most important business language that most people have never heard of. Recently described as 'the second most valuable asset in the United States', you may be surprised to learn that COBOL: ?? Handles over 70% of the world's business transactions - including 95% of all ATM swipes ?? Supports more than $3 trillion in daily commerce ?? Is used by around 450 of the Fortune 500 companies And not only that - but has continually evolved and adapted to the latest industry trends for the past 6 decades! It's clear to see that, while it may not be the most 'glamourous' and 'exciting' language, COBOL has stood the test of time, and will continue to do so far into the future.
Lezlie Browder
9 个月
...but COBOL is a quartet: Assembler + COBOL + JCL + VSAM = Time Tested Technology...
Rahul Kumar
9 个月
Certainly! Despite being viewed as outdated, it remains a critical part of many global organizations, which is truly impressive. It just goes to show that sometimes the most important things are the ones that fly under the radar!!
Connor Jack Buckley
9 个月
This aligns with the Lindy effect. If something has been around long enough then it is likely to be around for much longer. COBOL pushed past the barrier! ?
I learnt to program in the 80s with COBOL on NCR mini computers with 20mb swappable disk packs. Those machines never went wrong. They were turned on and just ran until either the power went off or they were decommissioned. Transient errors weren't an excuse back then!! It's been many years since I wrote IDENTIFICATION DIVISION out on a 80x24 coding pad using a pencil and rubber ????
Alfredo Iglesias
9 个月
I learned both COBOL and English from a COBOL manual when I migrated to the USA 30 years ago. I still haven't been able to get rid of the COBOL accent. Long live COBOL! Thanks for posting, Jennifer. Sharing.
Emma Skovg?rd
9 个月
COBOL looks retro futuristic, what's not to like about that? Showed some COBOL to a non-mainframer once and he told me it gave him space odyssey vibes
Artur Sekhian
9 个月
It's incredible to learn about the immense impact COBOL has on the world's business transactions, supporting trillions of dollars in commerce daily. ??
Alex Belov
9 个月
Jennifer, that's fascinating! COBOL's resilience is truly impressive. How do you see its role evolving in the next decade?
Alvin John Salmorin
9 个月
"COBOL has stood the test of time".. - I couldn't agree even more. ??
Senior Backend Developer; GNU Maintainer and Project Lead of the GnuCOBOL compiler
9 个月Nice numbers, but those as well as LOC (existing and increase) need either a scientific based proof, or -possible in this case - proven records of those companies starting that recently (not extrapolated!). Do you have that or are those only claims that may be way too high? Also: How are those numbers distributed between the mainframe vendors and the PC market (which includes private/hybrid/public cloud)?