In the emerging economy there is a new infrastructure, based on the internet, that is causing us to scrutinies most of our assumptions about the business. As a skin of networks - growing in ubiquity, robustness, bandwidth, and function - covers the skin of the planet, new models of how wealth is created are emerging.

Saturday, April 21, 2018

History of programming language COBOL

COBOL is one of the oldest programming languages, primarily designed by coding pioneer Grace Hopper who is commonly referred to as “the mother of the COBOL language.” This early programming language was invented in 1959.

It was only in August 1968 that a standard version of the language was approved by the American National Standards Institute. This version known as ANSI-68 COBOL or COBOL-68 is the first official standard of COBOL.

COBOL is short for common Business-Oriented Language. It allows coders to program computers using English words rather than a complex series of numbers. COBOL also made it possible for many companies to use the same software. This saved a lot of money.

The language continues to evolve, as the OCBOL 2002 standard includes support for object-oriented programming and other modern language features.
History of programming language COBOL 
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