COBOL migration followed by modernisation & creation of composite applications enabling flexible development are increasingly popular as the means to achieving an optimal solution for large scale transaction processing.
From a CIO’s perspective there are compelling reasons to migrate & renovate legacy applications
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Releases the complex, fully debugged applications from high cost infrastructure into a much lower cost environment |
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No change to business logic—decreased risk |
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Open applications to all leading edge development & reporting tools |
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Lower cost of ongoing development through use of modern software tools |
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Open Legacy Applications to WEB channels |
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Reduced testing and training – application look & feel doesn’t need to change. |
According to Gartner Research COBOL is still the pre-eminent language in use
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2004/2005 15% of all new applications developed in COBOL |
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80% of all deployed applications will include extensions to legacy program |
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492 of Fortune 500 use COBOL |
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The entire Fortune 100 use COBOL |
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9 out of 10 ATM transactions are via COBOL. |
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“With the limitations of the legacy application removed, the Bank recently purchased and successfully integrated an $800 million [AUD] margin lending business, making it the second largest margin lender in Australia.”
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