COBOL isn't just old—it’s a ticking digital hazard. Powering 70% of global finance, this 1959 relic traps companies in a $3 trillion cycle of maintenance debt.
With zero documentation and modern security gaps, these systems are "asbestos code." Firms are now deploying AI and microservice "strangler patterns" to escape the collapse. It’s a high-stakes race against total operational obsolescence.
With zero documentation and modern security gaps, these systems are "asbestos code." Firms are now deploying AI and microservice "strangler patterns" to escape the collapse. It’s a high-stakes race against total operational obsolescence.