How COBOL Still Powers The Global Economy At 60 Years Old

Many believe the business-focused computer language is obsolete – which makes it harder to attract the programmers needed to maintain systems that depend upon it.

By Paul FlahiveMay 27, 2019 9:30 am, , ,

From Texas Public Radio:

A 60-year-old computer language powers the global economy.

Estimates as many as 80% of financial transactions use common business-oriented language, or COBOL. Now as programmers retire and fewer are joining the workforce to replace them, the future for the language is uncertain. But rumors of COBOL’s demise are nothing new.

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