First computer language

[Louis Brook]

On 23/08/05, Derek Broughton <news at pointerstop.ca> wrote:
> Rajiv Vyas wrote:
> 
> >> Uninteresting fact: I read that the amount of money spent on COBOL
> >> each year is greater than the entire GDP of Switzerland. However, I'm
> >> not sure what exactly this statistic says about COBOL...
> >
> > That would be hard. Switzerland's total GDP is more than $200 billion.
> > I doubt that companies worldwide have $200 billion to spend on Cobol
> > development.
> 
> I don't.  Almost all the financial services companies are still using it.
> It's not hard to believe.  I was still working in Cobol five years ago.  My
> wife was 3 years ago.  The people we worked with are still doing it...
> --
> derek
> 
> 
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The increased cost of supporting this somewhat outdated language has
to be considered including the amount of money being spent paying the
experienced developers (who are the only people who know COBOL now) -
it's about the only coding that isn't going to India at the moment.

Louis