Skip to content

Commit 59fb337

Browse files
incorporating facts on the use of COBOL on today's era from OMP CWG's survey
Signed-off-by: Ashis Kumar Naik <[email protected]>
1 parent 820d4ad commit 59fb337

File tree

1 file changed

+20
-8
lines changed

1 file changed

+20
-8
lines changed

COBOL Programming Course #2 - Learning COBOL/COBOL Programming Course #2 - Learning COBOL.md

Lines changed: 20 additions & 8 deletions
Original file line numberDiff line numberDiff line change
@@ -28,6 +28,8 @@ This chapter introduces COBOL, specifically regarding its use in enterprise syst
2828

2929
- **How is COBOL being used today?**
3030

31+
- **What insights does the survey conducted by Open Mainframe Project's COBOL Working Group provide?**
32+
3133
- **Why should I care about COBOL?**
3234

3335
## What is COBOL?
@@ -42,21 +44,31 @@ Continuously updated to incorporate modernized and proven programming paradigms
4244

4345
## How is COBOL being used today?
4446

45-
COBOL is everywhere. You have probably used an application written in COBOL today. For example, consider the following statistics:
47+
COBOL is omnipresent, and it's highly likely that you've interacted with a COBOL application today. Let's take a look at some compelling statistics:
48+
49+
- Approximately 95% of ATM transactions rely on COBOL codes.
50+
- COBOL powers 80% of face-to-face transactions.
51+
- Each day, COBOL systems facilitate a staggering $3 trillion in commerce.
52+
53+
To truly grasp the extent of COBOL's prevalence, consider these mind-boggling facts:
54+
55+
- On a daily basis, there are 200 times more COBOL transactions executed than there are Google searches.
56+
- Presently, there are over 250 billion lines of actively running COBOL programs, accounting for roughly 80% of the world's actively utilized code.
57+
- Every year, approximately 1.5 billion lines of new COBOL code are written.
58+
59+
## What insights does the survey conducted by Open Mainframe Project's COBOL Working Group provide?
4660

47-
- About 95% of ATM swipes use COBOL code.
61+
Highlights from the survey conducted by the Open Mainframe Project's COBOL Working Group in 2021 shed further light on the use of COBOL in today's era:
4862

49-
- COBOL powers 80% of in-person transactions.
63+
1. **Over 250 billion lines of COBOL are currently in production worldwide**, marking a notable increase from previous estimates. This figure indicates that COBOL's relevance is not waning; in fact, it continues to play a vital role.
5064

51-
- Every day, COBOL systems handle $3 trillion in commerce.
65+
Industries with the greatest reliance on COBOL include Financial Services, Government, Software, Logistics, Retail, and Manufacturing, among others.
5266

53-
How pervasive is COBOL? Consider these mind-boggling facts:
67+
2. **The future of COBOL appears promising**. Despite skeptics, 58% of respondents anticipate that their COBOL applications will persist for at least the next five years. Financial services professionals, in particular, exhibit even greater optimism, with over 55% expecting COBOL to endure indefinitely.
5468

55-
- Every day there are 200 times more COBOL transactions executed than there are Google searches.
5669

57-
- There are over 220 billion lines of COBOL programs running today, which equates to around 80% of the world's actively used code.
70+
3. **The challenge lies in the availability of COBOL skills**. Interestingly, COBOL was originally designed to be an accessible language that didn't necessitate advanced computing expertise.However, companies are worried about not having enough skilled COBOL programmers. Even though they can train their own employees, this concern shows that COBOL is still important and worth investing in.
5871

59-
- 1,500,000,000 lines of new COBOL code are written each year.
6072

6173
## Why should I care about COBOL?
6274

0 commit comments

Comments
 (0)