YOU HAVE A VISION FOR YOUR LEGACY COBOL SYSTEMS TODAY, AND IN THE FUTURE, TO MEET YOUR CURRENT AND ANTICIPATED REQUIREMENTS.
To stay competitive in today’s fast-paced business world, planning is crucial for your COBOL systems to not only keep pace with your vision; but to also enhance your business growth driven by your legacy COBOL systems. Today, COBOL can help you keep your vision as it continuously offers state-of-the-art improvements and enhancements. The following information is a snapshot of COBOL in use today….
90%
Of Fortune 500 business systems today are supported by COBOL
65%
Of active code used today is COBOL
800 billion
Lines of COBOL code are still in use today
Various recently published COBOL articles state the following…
- COBOL supports close to 90% of Fortune 500 business systems today.
- 70% of all critical business logic and information are written in COBOL.
- COBOL is 65% of active code used today; and runs 85% of all business transactions.
- Market Research claims 800 billion lines of COBOL code are still in use today by various industries.
- COBOL is as current and modern as other programming products in the marketplace.
- Thousands of organizations are spending millions on COBOL development and maintenance.
These published COBOL articles further state…
- Sheer cost and effort to replace COBOL is not an acceptable return on investment.
- New IBM software can take legacy COBOL applications to the Cloud and Web environment.
- COBOL legacy programming skills are still very relevant for the next decade.
- 71% of universities surveyed believe companies will rely on COBOL for the next decade.
- Between 60% and 80% of all transactions conducted worldwide are done in COBOL.
- Critical COBOL systems are still driving a large number of prestigious companies.
