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The finance industry along with other companies and government agencies are still relying on Cobol code from the 1970s. ... 800 billion lines of Cobol still in use today, according to OpenText, an ...
As Cobol gets older, it's been challenging for Wall Street to find people who can update their legacy systems. “When something does go wrong, many firms turn to 82-year-old Bill Hinshaw, the ...
COBOL is still widely used in applications deployed on mainframe computers, such as large-scale batch and transaction processing jobs. Many large financial institutions were developing new systems in the language as late as 2006, [10] but most programming in COBOL today is purely to maintain existing applications. Programs are being moved to ...
COBOL was created in 1959. It still processes $3 trillion of daily commerce and 95% of all ATM card swipes GitHub CEO: ‘Wall Street relies on software that was developed under Eisenhower.
Use of IBM COBOL was so widespread that Capex Corporation, an independent software vendor, made a post-code generation phase object code optimizer for it. [3] The Capex Optimizer became a quite successful product. [4] Although the IBM COBOL Compiler Family web site [5] only mentions AIX, Linux, and z/OS, IBM still offers COBOL on z/VM and z/VSE.
She was a pioneer of computer programming. Hopper was the first to devise the theory of machine-independent programming languages, and used this theory to develop the FLOW-MATIC programming language and COBOL, an early high-level programming language still in use today.
IBM provides ILE compilers for C, C++, RPG, COBOL and CL. [1] For RPG, COBOL and CL, there are both OPM compilers (still sometimes used for legacy applications) and the new ILE compilers. Likewise, as well as ILE C, there was an earlier EPM-based C/400, although that has been discontinued.
CA has rebranded the product three times to date and the product is still used widely today. Under CA, recent releases of the tool added support for the CA- Datacom DBMS, the Linux operating system, C# code generation and ASP.NET web clients.