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«In 1999 they reported that over 50% of all new mission-critical applications were still being done in COBOL; their recent estimates indicate that through 2004-2005 15% of all new applications (5 billion lines) will be developed in COBOL while 80% of all deployed applications will include extensions to existing legacy (usually COBOL) programs.» - http://www.csis.ul.ie/cobol/course/COBOLIntro.htm
«Gartner estimates for 2002 are that there are about two million COBOL programmers world-wide compared to about about one million Java programmers and one million C++ programmers.» ‎· 9000
«Applications written for the vertical market, on the other hand, often have a low profile (because they are usually written for use in one particular company), a very high per-copy replacement cost, and consequently, a very long life span. For example, the cost of replacing COBOL code has been estimated at approximately twenty five dollars ($25) per line of code.The cost of replacing the DoD MRP II system mentioned above, with a system written in some other language, would be $100,000,000.» ‎· 9000
«The huge investment in creating a software application consisting of some millions of lines of COBOL code means that the application cannot simply be discarded when some new programming language or technology appears. As a consequence business applications between 10 and 30 years-old are common.» ‎· 9000
If you thought custom enterprise Java was too bloody... ‎· 9000
«Although modern COBOL (COBOL 85 and OO-COBOL) has introduced many of the constructs required to write well structured programs it also still retains elements which, if used, make it difficult, and in some cases impossible, to write good programs.» ‎· 9000
A nice look from the other side: why young programmers don't go to the mainframes camp http://programmers.stackexchange.com/questions/75486/why-aren... ‎· 9000