Yes, COBOL (Common Business Oriented Language) is one of the oldest programming languages still in use. And COBOL has had such a low profile in recent years that you might be forgiven for thinking that it had all but disappeared.
But as stated in many studies, most commercial transactions are still based on COBOL – and there is no indication that this will dramatically change. Bill Hinshaw, founder and CEO of Cobol Cowboys, states that 'sheer cost and effort to replace COBOL is not an acceptable return on investment'. And in a Micro Focus study, 85% of respondents considered their COBOL applications to be strategic to their organization.
In contrast to the low reputation COBOL has, it has persistently evolved from a hardware / OS dependent procedural programming language to a modern development platform supporting Eclipse and Visual Studio. And the international COBOL standardization groups as well as the providers of COBOL development products are continuously working on future COBOL standards and products.
We strongly believe in the future of COBOL and our motto is 'reuse instead of replace'.
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