updated March 16, 2021

by Todd Erickson

To stay up-to-date with the latest news and commentary surrounding COBOL-based applications, we track and archive COBOL-related online articles. Below is our current collection of stories, which we try to update frequently.

Despite its age and multiple reports of its impended death, the Common Business Oriented Language (COBOL) remains responsible for a large portion of the world’s daily financial transactions – credible estimates include as much as $3 trillion per day and roughly 90 percent of all ATM and in-person financial transactions.

COBOL was first published in January 1960 by the Conference on Data Systems Languages (CODASLY), who based it on the first compiler developed by Admiral Grace Hopper and her team at Remington Rand in 1952. It’s designed to develop portable business applications that could be run on systems developed by multiple manufacturers.

It remains vital to the world’s financial systems because of its simplicity and reliability.

One measure of its importance is the number of news and commentary articles published in reliable industry sources that repeat a common theme, namely that the programming language is ancient, nobody wants to use it, but it’s so vital to the financial and government sectors that it won’t go away – COBOL is dead! Long live COBOL!

Once or twice a year a new piece pops up and we typically pass it around the office, discuss new information or opinions it reveals, and archive it.

Recently, one of our shrewd colleagues suggested we post links to these articles here on our website so others in the small but influential COBOL community can reference them.

So we did. We’ll update this page when we discover new COBOL media pieces. If we’ve missed something important, email [email protected].

Long live COBOL!

Articles

2020

Title	Date	Author	Snippet
The code that controls your money	November 10, 2020	Clive Thompson Tech Journalist	COBOL underpins the world's financial systems, and it's not going away soon.
Why the Government Is Desperate for Programmers Who Know This Old Language	April 9, 2020	Caroline Delbert Popular Mechanics	As the U.S. grapples with the economic fallout from the COVID-19 pandemic, government agencies with aging systems are clammering for COBOL developers.
A lazy fix 20 years ago means the Y2K bug is taking down computers now	January 7, 2020	Chris Stokel-Walker New Scientist.com	A quick but lazy fix to the Y2K bug is now putting the same systems in danger.

2019

Title	Date	Author	Snippet
How COBOL still powers the global economy at 60 years old	may 23, 2019	Paul Flahive Texas Public radio	Financial institutions continue to rely on COBOL code, but will new training programs be enough to replace the retiring workforce?
SHARE: GAO’s Mainframe Risk Claims Debunked	May 9, 2019	SHARE'D Intelligence	The 2018 GAO Report that says government systems are at significant risk due to their reliance on legacy programming languages is nonsense. Evolving architecture is always bridging the gap between older and modern applications.

2018

Title	Date	Author	Snippet
Quartz Obsession: COBOL	June 28, 2018	Justin Sablich	What's going to happen when all the Baby-Boomer COBOL developers retire?
In digital transformation top banks are leading	April 3, 2018	Tom Groenfeldt	Instead of ripping and replacing legacy systems and code, which can be prohibitively expensive and time consuming, some banks are maintaining these systems and wrapping customer engagement systems around them.
It’s Cobol all the way down	April 2018	Glenn Fleishman	COBOL-based systems continue to run much of the world’s financial systems. But its supporting workforce is retiring and efforts to convert these applications to modern programming languages are expensive and time-consuming.

2017

Title	Pub Date	Author	Snippet
COBOL is everywhere. Who will maintain it?	May 6, 2017	David Cassel	Many of the world’s financial institutions and U.S. government agencies, such as Homeland Security, Department of Veterans Affairs, and Social Security, rely on COBOL-based systems, but a shortage of programming talent and education institutions that provide programming courses is on the horizon.
Trump said government has one 40-year-old IT system. It actually has at least 10.	April 12, 2017	Frank Konkel	A list of 10 U.S. government computer systems that are at least 40-years old. Three of the systems run on COBOL code.
Banks scramble to fix old systems as IT 'cowboys' ride into sunset	April 9, 2017	Anna Irrera Reuters.com	Organizations that rely on Cobol-based applications have a hard time replacing retiring programmers and support personnel, which has given veteran developers opportunities to continue working, even after retirement.

2016

Title	Date	Author	Snippet
Why it’s time to learn COBOL	April 1, 2016	Paul Rubens CIO.com	Acquiring COBOL programming skills might be a wise career move. Hundreds-of-billions of lines of COBOL code are still in use and many universities have stopped offering classes in the 50+ year old language.

2015

Title	Date	Author	Snippet
The inevitable return of COBOL	July 6, 2015	Ritika Trikha HackerRank	The looming shortage of COBOL programmers will inevitably lead to COBOL programming once again becoming an in-demand skill set.

2014

Title	Date	Author	Snippet
CIOs should prepare for lack of Cobol (Yes, Cobol) developers	October 2, 2014	Sharon Florentine CIO.com	While the demand for talented and skilled Cobol programmers remains steady, the programming language’s lack of popularity has shrunk the available talent pool. As the existing Cobol support workforce ages and retires, companies are resorting to novel strategies to acquire and train staff.
Cobol is dead. Long live Cobol!	October 2, 2014	Gary Beach Wall Street Journal CIO Journal blogs	CIOs that rely on Cobol-based systems keep developer staff as long as possible while others prefer new hires with multi-language capabilities over Cobol-specific or Cobol-only skills.
All the rich kids are into COBOL – but why?	September 17, 2014	Matt Asay readwrite.com	COBOL isn’t sexy or even that popular. But the basic tenants of supply and demand remain true – if there are still a lot of COBOL applications running critical systems and not a lot of programmers interested in learning the 50-year-old programming language, then brushing up on your COBOL skills might make it easier to find a job earning more money.
The government’s COBOL conundrum	June 2, 2014	Nicole Blake Johnson FedTech magazine.com	The U.S. federal government’s Office of Personnel Management released its “Strategic Information Technology Plan” for revamping the agency’s IP operations. Part of the plan discusses the office’s plans for maintaining and eventually migrating away from the roughly 60-million-lines of production COBOL code that enable the agency to meet a number of its regulatory requirements.

2012

Title	Date	Author	Snippet
Brain Drain: Where COBOL systems go from here	May 21, 2012	Robert L. Mitchell CIO.com	Not only does losing experienced COBOL programmers hurt many companies’ ability to maintain its mainframe systems, but it also means the loss of the programmers’ deep understanding of the business logic. A number of organizations are teaming with private businesses to educate younger programmers and team them with experienced developers before it’s too late.
Cobol brain drain: Survey results	March 14, 2012	Compuworld Staff	Results from the Compuworld survey on Cobol use in business and government, which showed that nearly 50 percent of respondents had operational Cobol-based systems and a large number continue to develop new business applications with Cobol.
The future of COBOL: Why it won’t go away soon – Part 2	January 11, 2012	Brian Bloom IT World Canada	When thinking about maintaining or replacing their COBOL systems, companies must consider the employee angle. Can they continue to hire COBOL programmers when experts forecast that a major COBOL skills gap in on the horizon, and is that enough of a reason to rip and replace?
The future of COBOL: Why it won’t go away soon – Part 1	January 10, 2012	Brian Bloom IT World Canada	COBOL-based systems will not be going away anytime soon because of the millions of invested man-hours and dollars already spent to develop these mainframe programs and the enormous predicted replacement costs. There’s also the fact that we don’t have anything better enough to make the change.

Fun

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Todd Erickson is a tech writer with Phase Change. You can reach him at [email protected].