COBOL is a technology that at times has seemed stale to some misguided analysts, but actually has a track record of improvement and resilience. The first standard for the COmmon Business-Oriented Language was approved and released by the Conference On Data Systems Languages (CODASYL) Committee in September 1959. In today’s world where technological advances seem to be coming at us in time frames measured in months, anything still around and getting the job done 60 years after its announcement is just, well, spectacular.
Read more on the COBOL language and how it continues to evolve