Cobol language is used in legacy financial system and operating on the Mainframe systems .Usually all the banks which have been eixsting for a long time still use Cobol to do financial transaction .Eg Japanese and US and even indian banking systems .The reason we dont hear about it is because of security purpose ,these systems dont talk about it too much
data centres and AI proficiency is usually handled by Python languages with its vast set of AI tools and libraries .However Cobol used in banking systems for financial transaction i sfar away from being replaced because of the cash and money involved and the financial systems integrity can become compromised.Also C# and Java , but primarily Python in data centres
Absolutely Not.. Cobol is most commonly used in banking systems together with the IBM or other mainframe systems .The banking systems are quite sceptical to change their systems because finance systems are very well to show grudginess to change as its related to money .Also Cobol addons are nowadays available in many editors which is used to develop around cobol and integrate to many databases and systems but its still remain a large system used in banks to process transactions.More faster compilers are ebing developed around to make the process faster within the mainframe type systems
Right now usually all of the above is integrated into the cloud delivery systems..you can also build the stand alone user management if you are developing your own management ways.The above are common access management techiques....its like ..you know a topic in maths ..say integration and you are aksing how is the market for integration ..Integration is used in Physics and mathematics for assimilations of values..So the Market if you finding some kind tasks or jobs you have to learn the whole User group and others managements..together with other basic concepts to build a foundation..Also in many of the systems ..secuity and other AI tools are joined into to track and keep logs ..these are some of the few to be mentioned
Raghav 06/02/2025 in IT Courses/COBOL
What is an estimate of how many COBOL programs there are still in use worldwide?