Saturday, January 06, 2007

Die COBOL, die!

A reminder to us developers that work on "modern" languages like Java and C#:

...Analysts, Gary Barnett, Research Director of Ovum (quoted here) reported in 2005 that COBOL accounted for 90 per cent of all financial transactions, and most finance companies are well aware of its importance to them. But it is also the language of many other business applications (Barnett estimates 75 per cent of transactions generally) and many enterprises may be less aware that they have it as part of their IT infrastructure...

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