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    COBOL LIVE AND WELL

    Some pundits say that COBOL is a dying language, a dinosaur.  But as a well-know
    author once said, "the reports of my demise are premature."






    Consider the following:

    There are more than 200 billion lines of active COBOL.

    Five billion lines of new COBOL are added every year.

    15% of all new application functionality are developed under COBOL.

    The total investment in COBOL systems is $2 trillion dollars'

    80% of all business transactions are processed in COBOL.

    More than 70% of mission-critical applications are in COBOL.

    There are 200 times more COBOL transactions per day than GOOGLE searches
    worldwide.

    An estimated 200 million people are currently working in COBOL in one form
    or another.

    COBOL is being re-energized as an important component of moving business
    to the web seamlessly and efficiently.

    COBOL has been fashioned for execution within such frameworks as Java and
    Microsoft's .net

    The COBOL 2002 standard provides for object-oriented programming and other
    modern features.

    The next full revision of COBOL standards will be completed in 2010.

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                                              COBOL History

                                        From Wikipedia, the free encyclopedia

    A specification of COBOL was initially created during the second half of 1959 by Grace
    Hopper.

    The scene was set on April 8 at a meeting of computer manufacturers, users, and
    university people at the University of Pennsylvania Computing Center;
    Subsequently, the United States Department of Defense agreed to sponsor and
    oversee the next activities. A meeting was held at the Pentagon on May 28 and 29
    (exactly one year after the Züürich ALGOL 58 meeting), chaired by Charles A. Phillips.

    There it was decided to set up three committees, short, intermediate and long range
    (the last one was actually never formed). It was the Short Range Committee, chaired
    by Joseph Wegstein of the US National Bureau of Standards, that during the next
    months would create  a description of the first version of COBOL.

    The committee was formed to recommend a short range approach to a common
    business language. The committee was made up of members representing six
    computer manufacturers and three government agencies. The six computer
    manufacturers were Burroughs Corporation, IBM, Minneapolis-Honeywell
    (Honeywell Labs), RCA, Sperry Rand, and Sylvania Electric Products. The three
    government agencies were the US Air Force, the David Taylor Model Basin, and the
    National Bureau of Standards (now National Institute of Standards and Technology).

    The intermediate-range committee was formed but never became operational. In the
    end a sub-committee of the Short Range Committee developed the specifications of
    the COBOL language. This sub-committee was made up of six individuals:

              William Selden and Gertrude Tierney of IBM
    Howard Bromberg and Howard Discount of RCA
    Vernon Reeves and Jean E. Sammet of Sylvania Electric Products

    This subcommittee completed the specifications for COBOL in December 1959. The
    specifications were to a great extent inspired by the FLOW-MATIC language invented
    by Grace Hopper, commonly referred to as "the mother of the COBOL language", the
    IBM COMTRAN language invented by Bob Bemer, and the FACT language from
    Honeywell.

    The name COBOL was decided upon at a meeting of the committee held on 18
    September 1959. The first compilers for COBOL were subsequently implemented
    during the year 1960 and on 6 and 7 December essentially the same COBOL program
    was run on two different makes of computers, an RCA computer and a Remington-
    Rand Univac computer, demonstrating that compatibility could be achieved.

    Since 1959 COBOL has undergone several modifications and improvements. In an
    attempt to overcome the problem of incompatibility between different versions of
    COBOL, the American National Standards Institute (ANSI) developed a standard form
    of the language in 1968. This version was known as American National Standard (ANIS)
    COBOL. In 1974, ANSI published a revised version of (ANS) COBOL, containing
    a  number of features that were not in the 1968 version. In 1985, ANSI published still
    another revised version that had new features not in the 1974 standard. The
    language continues to evolve today.  View The Real Grace Hopper

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