Computing History Timeline
History of COBOL
COBOL is a third generation programming language, and one of the oldest programming languages still in active use. Its name is an acronym for Common Business-Oriented Language, defining its primary domain in business, finance, and administrative systems for companies and governments.
COBOL was initially created in 1959 by The Short Range Committee, one of three committees proposed at a meeting held at the Pentagon on May 28 and 29, 1959, organized by Charles Phillips of the United States Department of Defense. The Short Range Committee was formed to recommend a short range approach to a common business language. It was made up of members representing six computer manufacturers and three government agencies. In particular, the six computer manufacturers were Burroughs Corporation, IBM, Minneapolis-Honeywell (Honeywell Labs), RCA, Sperry Rand, and Sylvania Electric Products. The three government agencies were the US Air Force, the David Taylor Model Basin, and the National Bureau of Standards (Now NIST). This committee was chaired by a member of the NBS. An Intermediate-Range Committee and a Long-Range Committee were proposed at the Pentagon meeting as well. However although the Intermediate Range Committee was formed, it was never operational; and the Long-Range Committee was never even formed. In the end a sub-committee of the Short Range Committee developed the specifications of the COBOL language.
COBOL as defined in the original specification included a PICTURE clause for detailed field specification. It did not support local variables, recursion, dynamic memory allocation, or structured programming constructs. Support for some or all of these features has been added in later editions of the COBOL standard.
COBOL has many reserved words (over 400), called keywords. The original COBOL specification supported self-modifying code via the infamous "ALTER X TO PROCEED TO Y" statement. This capability has since been removed.
COBOL programs are in use globally in governmental and military agencies, in commercial enterprises, and on operating systems such as IBM's z/OS, Microsoft's Windows, and the POSIX families (Unix/Linux etc.). In 1997, the Gartner Group reported that 80% of the world's business ran on COBOL with over 200 billion lines of code in existence and with an estimated 5 billion lines of new code annually.
Near the end of the twentieth century the year 2000 problem was the focus of significant COBOL programming effort, sometimes by the same programmers who had designed the systems decades before. The particular level of effort required for COBOL code has been attributed both to the large amount of business-oriented COBOL, as COBOL is by design a business language and business applications use dates heavily, and to constructs of the COBOL language such as the PICTURE clause, which can be used to define fixed-length numeric fields, including two-digit fields for years.