Larry C. answered • 09/17/19
Computer Science and Mathematics professional
COBOL was created in the late 50s designed to process large amounts of data, perform computations on it and present results in a user-friendly form...actions which it has performed admirably to this day. It is still the go-to language for most large insurance, financial and government applications that deal with hundreds of thousands or millions of transaction records daily. The most impressive thing about COBOL is that the programs it produces it WORK...year after year. Other than issues not considered decades previously such as Y2K, I've seen many COBOL programs written in the 60s that are still being executed without problems 30 and 40 years later.
