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Cobol

All articles tagged with #cobol

technology1 month ago•55 min saved

AI-driven COBOL modernization accelerates upgrades while trimming consultant needs

Anthropic’s Claude Code is pitched as an AI-assisted COBOL modernization toolkit that maps dependencies, traces data flows, and documents workflows across thousands of lines of legacy code. It can translate COBOL logic to modern languages, create API wrappers to run old and new code side by side, and generate automated tests that verify migrated components produce identical outputs. By automating exploration and risk assessment, it aims to cut heavy consultant workloads and accelerate modernization, though such AI-driven approaches could disrupt traditional COBOL vendors like IBM.

via TechRadar|

#ai #anthropic-claude-code #cobol

business1 month ago•31 min saved

IBM sinks on AI-COBOL claim, marking a 25-year stock drop

IBM shares fell 13.2%, the steepest one-day drop since October 18, 2000, after Anthropic said its Claude Code AI could automate COBOL modernization on IBM mainframes, fueling a broader sell-off in software stocks.

via Reuters|

#ai #anthropic #business

business1 month ago•77 min saved

IBM slumps on AI-COBOL talk, marking steepest drop since 2000

IBM shares fell about 13% in a session—the steepest one‑day drop since 2000—after Anthropic suggested AI could modernize COBOL, fueling concerns about IBM’s reliance on legacy technology and its growth prospects.

via Yahoo Finance|

#ai #anthropic #business

business1 month ago•127 min saved

IBM Dives 10% After Anthropic Unveils COBOL Modernization AI

IBM shares slid roughly 10% after Anthropic unveiled Claude Code, an AI tool to automate COBOL modernization, with Accenture and Cognizant retreating on the news; Claude Code maps dependencies, documents workflows, and identifies risks to speed modernization of legacy COBOL systems that still power ATM networks and other critical infrastructure. Anthropic released a Code Modernization Playbook alongside the launch.

via Investing.com|

#anthropic #business #claude-code

technology1 month ago•2 min saved

Anthropic's Claude Code Targets COBOL, Spooking IBM and Investors

IBM stock fell about 13% after Anthropic said Claude Code could automate COBOL modernization, threatening IBM’s legacy mainframe business since COBOL underpins many critical systems (including the majority of U.S. ATM transactions); the AI disruption adds to market jitters and IBM has slumped more than 24% year-to-date.

via CNBC|

#ai #anthropic #cobol

technology2 years ago•2 min saved

IBM's GenAI: Revolutionizing COBOL Code Refactoring and Translation to Java

IBM is developing the watsonx Code Assistant, an AI tool aimed at refactoring ancient COBOL code for its mainframe systems. The tool will analyze, refactor, and test the code, with humans still involved in the process. IBM hopes that the generative AI will help decouple individual services from monolithic COBOL apps, making the code more modular. The company plans to offer the tool in three steps: refactoring, transforming the code into mainframe-friendly Java or COBOL, and validation with AI-generated test cases. While AI assistance could help modernize COBOL code, concerns remain about the loss of institutional memory and the potential for AI-generated code to introduce errors.

via Ars Technica|

#ai #cobol #ibm