Melanie Gorton

Written by Melanie Gorton

Published: 15 Mar 2025

39-facts-about-cobol
Source: Overcast.blog

COBOL, short for Common Business-Oriented Language, has been around since 1959. It's one of the oldest programming languages still in use today. But why does it matter? COBOL powers many of the world's financial systems, government databases, and business applications. Despite its age, it's incredibly reliable and efficient for handling large-scale data processing. Many banks, insurance companies, and government agencies rely on it daily. Curious about how this ancient language still holds its ground in a world dominated by modern programming languages? Let's dive into 39 fascinating facts about COBOL that will surprise you!

Table of Contents

What is COBOL?

COBOL, short for Common Business-Oriented Language, is a programming language that has been around for decades. It's primarily used in business, finance, and administrative systems for companies and governments. Let's dive into some fascinating facts about COBOL.

  1. 01

    COBOL was created in 1959, making it one of the oldest programming languages still in use today.

  2. 02

    The language was designed by a committee of computer scientists and industry experts, including Grace Hopper, who is often referred to as the "mother of COBOL."

  3. 03

    COBOL was developed to be a language that could run on any computer, which was a revolutionary idea at the time.

  4. 04

    The first COBOL program ran on a UNIVAC I computer in 1960.

  5. 05

    COBOL is known for its readability, as it uses English-like syntax, making it easier for non-programmers to understand.

COBOL's Impact on Business and Government

COBOL has had a significant impact on both business and government operations. Its reliability and efficiency have made it a staple in these sectors.

  1. 06

    Approximately 80% of all business transactions worldwide are processed using COBOL.

  2. 07

    Many government agencies, including the IRS and Social Security Administration, rely heavily on COBOL for their operations.

  3. 08

    COBOL is used in over 70% of the world's business applications.

  4. 09

    The language handles billions of lines of code that are still in active use today.

  5. 10

    COBOL's stability and performance make it ideal for large-scale batch and transaction processing.

COBOL in the Modern World

Despite its age, COBOL remains relevant in today's technology landscape. Here are some reasons why COBOL continues to be important.

  1. 11

    Many legacy systems in banks, insurance companies, and government agencies still run on COBOL.

  2. 12

    COBOL code is often more efficient and faster than newer languages for certain types of data processing tasks.

  3. 13

    There is a high demand for COBOL programmers due to the need to maintain and update existing systems.

  4. 14

    Some modern integrated development environments (IDEs) support COBOL, making it easier to develop and maintain COBOL applications.

  5. 15

    COBOL can be integrated with modern technologies, such as web services and cloud computing.

COBOL's Unique Features

COBOL has several unique features that set it apart from other programming languages. These features contribute to its longevity and widespread use.

  1. 16

    COBOL has a fixed format, which means that code must be written in specific columns on the screen.

  2. 17

    The language supports both procedural and object-oriented programming, allowing for flexibility in coding styles.

  3. 18

    COBOL has robust file handling capabilities, making it ideal for processing large volumes of data.

  4. 19

    The language includes built-in support for decimal arithmetic, which is crucial for financial calculations.

  5. 20

    COBOL's verbose syntax makes it easier to read and understand, reducing the likelihood of errors.

COBOL's Challenges and Criticisms

Like any technology, COBOL has its challenges and criticisms. Understanding these can provide a more balanced view of the language.

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    COBOL is often criticized for being outdated and difficult to learn for new programmers.

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    The language's verbosity can lead to longer development times compared to more concise languages.

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    There is a shortage of COBOL programmers, as many experienced developers are nearing retirement.

  4. 24

    Migrating from COBOL to modern languages can be complex and costly for organizations.

  5. 25

    Despite these challenges, COBOL's reliability and performance continue to make it a valuable tool for many businesses.

COBOL's Future

What does the future hold for COBOL? While some predict its decline, others believe it will continue to play a crucial role in certain industries.

  1. 26

    Efforts are being made to modernize COBOL, such as adding support for new programming paradigms and technologies.

  2. 27

    Educational institutions are beginning to offer COBOL courses to address the shortage of skilled programmers.

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    Some companies are investing in tools and frameworks to make COBOL development more efficient.

  4. 29

    COBOL's ability to handle large-scale data processing tasks ensures its continued relevance in the financial sector.

  5. 30

    The language's stability and performance make it unlikely to be completely replaced anytime soon.

Fun Facts About COBOL

Let's wrap up with some fun and interesting facts about COBOL that you might not know.

  1. 31

    COBOL has been used in space missions, including the Apollo program.

  2. 32

    The language has appeared in popular culture, including TV shows and movies.

  3. 33

    COBOL was one of the first programming languages to be standardized, with the first standard published in 1968.

  4. 34

    The language has influenced the development of other programming languages, such as PL/I and RPG.

  5. 35

    COBOL's name was chosen to reflect its intended use in business applications.

  6. 36

    The language has undergone several revisions, with the most recent standard published in 2014.

  7. 37

    COBOL programs can be incredibly long, with some containing millions of lines of code.

  8. 38

    Despite its age, COBOL continues to be a topic of research and development in the field of computer science.

  9. 39

    COBOL has a dedicated community of enthusiasts and professionals who continue to advocate for its use and development.

COBOL's Lasting Impact

COBOL's influence on modern computing can't be overstated. Despite being over 60 years old, this programming language still powers critical systems in banking, government, and business. Its readability and robustness make it a reliable choice for handling large-scale data processing tasks.

Many legacy systems continue to run on COBOL, and there's a growing demand for programmers who understand it. Learning COBOL can open doors to unique job opportunities, especially in industries that rely heavily on legacy systems.

While newer languages come and go, COBOL's staying power proves its value. It's a testament to the language's design and its importance in the history of computing. Whether you're a seasoned developer or just starting, understanding COBOL can give you a deeper appreciation for the evolution of programming languages and their role in shaping our digital world.

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