For some time now, I have been writing about the growth and staying power of the mainframe computing market within insurance as well as other industries, including financial services. Now, according to InfoWorld, analyst reports indicate that COBOL salaries are on the upswing.
COBOL (Common Business Oriented Language) is among the most common computer languages utilized by mainframes. It was the first widely-used high-level programming language for business applications, says TechTarget.com. Many payroll, accounting and other business application programs that have been written in COBOL over the past 35 years are still in use. “It is possible,” the source notes, “that there are more existing lines of programming code in COBOL than in any other programming language. While the language has been updated over the years, however, it is generally perceived as out-of-date, and COBOL programs are generally viewed as a legacy technology—thus undesirable.”
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