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The objective changes every year, so why not pop over and see what we are doing this year. COBOL applications are very much woven into our daily lives. Its estimated that an average American interacts with a COBOL program 13 times a day Every time we use an ATM, mobile banking, book an airline ticket, access healthcare services, make a purchase online or make an insurance claim, we could be using COBOL applications to process these transactions and most of them are processed on IBM z Systems.
This amounts to over 30 billion transactions per day. There are over 220 billion lines of COBOL in production and about 5 billion lines of new COBOL code are added every year.