COBOL Still Handles 70% of Global Business Transactions | NextBigFuture.com

IBM is updating its mainframe chips with the Z15. It is a 14-nanometer chip. This matters because COBOL and mainframes are still processing the bulk of global business transactions. The IBM presentation was at the Hot Chips conference which was attended by Sander Olson. The mainframe and enterprise assets are at the center of a digital enterprise. 220+ billion lines of COBOL COBOL still handle more than 70% of the business transactions that take place in the world today Virtually Limitless Scale 1.3 million CICS transactions are processed every second, every day. In comparison, there are 68,542 Google searches every