In the early 1980s, I was told that COBOL was going away and that I should quickly move toward other programming languages. Well, thirty years later, COBOL is alive and well and living in large companies everywhere.
Yes, most of the smaller COBOL programs written in the 1970s, 1980s, and even 1990s have been replaced with newer systems and newer technologies. However, the big mission critical systems written long ago in COBOL and modified and enhanced for the past thirty to forty years are still driving very large, very prestigious companies around the country and around the world. These companies include banks, insurance companies, manufacturing companies, retail chains, health care organizations, and every other type of company you can imagine.
via itworld.com
Tony Gurney 