A language takes work off your hands, gives it to a compiler, runtime, or toolchain, and charges you somewhere else.

Modernization projects are a CIO headache. Costly, cumbersome, brimming with expectation and full of pitfalls, updating a central technology such as a mainframe that functions as the central nervous ...

IBM Bob 2.0 is also intended to understand and modernize decades-old code – with AI agents and premium packages for Z, i, and Java.

Mainframes still power 80% of bank card transactions and 95% of ATM transactions. Here's why modernization isn't one-size-fits-all, and how AI reshapes the path forward.

A view outside the IBM Thomas J. Watson Research Center on June 6, 2025 in Yorktown Heights, New York. Technology veteran IBM on June 10 laid out a plan to have a "practical" quantum computer tackling ...

The new release adds multi-agent workflows, parallel execution and built-in governance as enterprises look beyond AI coding assistants to accelerate software delivery. Enterprises are using AI to ...

Insurance company Unum, which provides cover for more than 45 million employees in the US, the UK and Poland, relies on ageing mainframe computers running Cobol code for many of its key operations.

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The IT modernization debate has been loud recently. In late February, Anthropic claimed its Claude Code tool will help IT teams “modernize their COBOL codebase in quarters instead of years”, ...

The idea of HALO stocks arose in reaction to a Feb. 23 announcement by AI start-up Anthropic that its Claude Code tool could modernize the COBOL programming language, a major asset of International ...

These stocks are deemed to have heavy assets and low obsolescence, aka HALO. Coca-Cola and McDonald's are great examples of HALO stocks. So are ExxonMobil and heavy equipment makers like Caterpillar ...

COBOL stands for Common Business-Oriented Language and was created in 1959. It was partly drawn on the work of computing pioneer Grace Hopper and was built for a single purpose: processing business ...