Bangalore, India: Micro Focus (LSE: MCRO; NYSE: MFGP) today shared the commissioned results of a global, independent market survey, showcasing an unprecedented amount of COBOL code in use, and a remarkable market opportunity for application modernization. Following last year’s research report, this year’s results reveal that the global COBOL application footprint continues to grow, and the majority of respondents intend to modernize their applications and support cloud by the end of the year.
According to the global survey, COBOL is viewed as strategic by 92 percent of respondents, and the amount of COBOL code in daily use increased significantly to 775-850 billion lines. Micro Focus, with over 45 years of experience in modernizing business-critical applications and their recent announcement as a key partner in the AWS Mainframe Modernization service, commissioned this new report on COBOL’s usage as part of their regular market analysis program.
“As organizations look to deliver on IT strategies through modernization and digital transformation initiatives, the findings of the latest COBOL Survey demonstrate the continued importance of COBOL for application modernization and business change,” said Ed Airey, Director of COBOL Product Marketing, Micro Focus. “800 billion lines of code reinforces the importance, and continued investment, in this most trusted of core business system technologies. This significant volume of COBOL application code in the marketplace represents remarkable value for organizations and requires ongoing investment as part of a larger modernization strategy. For IT leaders, supporting core business systems, COBOL application modernization lies at the heart of digital transformation.”
Produced by Vanson Bourne, a global research and analysis company, the global survey asked COBOL-connected architects, software engineers, developers, development managers and IT executives from 49 countries to determine and calculate the volume of COBOL application code running production systems, as well as the strategic importance of COBOL applications to their business, future application roadmaps, planning, and resources.
“For this year’s survey, Vanson Bourne set out to gather data from the IT community on COBOL’s continued relevance, in addition to getting a better picture of just how much COBOL is currently out there in use,” said Jimmy Mortimer, Senior Research Consultant at Vanson Bourne. “Whether this increase in code is externally driven or motivated by new technology or business transformation initiatives, it is clear that the importance and volume of COBOL in use continues to grow each year.”
Key findings of the Micro Focus COBOL Surveys include:
Along with this Micro Focus COBOL Survey, recent research shows that application modernization must be continuous and evolving in order to meet the changing needs of today’s business climate. Digital transformation demands a comprehensive, yet flexible and adaptive strategy aimed at improving results and accelerating time to value. Through the Micro Focus Modernization Maturity Model, IT leaders can quickly map their current IT environment to their future business strategy—all while finding the right balance between costs, risk and speed.
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
 (1)_1713611592.jpg)
Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India
New D
Jaipur, 18 April: Students of Jaipur have recently shown their remarkable achievement in the UPSC Civil Services Examination-
· Technopark-based Lifology holds conversation on IER 2024
Thiru
Business / 20-04-2024
MasterChow taps renowned Chef Ranveer Brar as its Brand Ambassador to champion Asli ChineseSports / 20-04-2024
Aditya Mehta Foundation's para cyclists Jyoti Gaderiya & Arshad Shaik achieve top world rankings in the latest Track Para Rankings, bringing pride to India!Business / 18-04-2024
STUDENTS OF JAIPUR'S JAYSHREE PERIWAL HIGH SCHOOL BRING LAURELS TO SCHOOL IN UPSCBusiness / 18-04-2024
India Employment Report pitches for policy to promote jobsBusiness / 18-04-2024
The EMAK Festoon Silent Heroes Awards-24 Concludes at Le Méridien, KochiPelikken © Copyright 2022, All Rights Reserved
