Scheduled for delivery later in the second quarter, the common business-oriented language for z/OS version 5.1 provides Java 7 support, supports new z/OS system management facilities monitoring and enhances XML document control, IBM said Friday.
Kevin Stoodley, Rational chief technology officer and IBM fellow, said the new software would enable companies to cut operating costs and time to process apps while applying new technologies to use the cloud, Web and mobile devices.
“COBOL powers many of the critical systems people rely on everyday,” he added.
IBM said the software would help the banking, insurance, retail and human resources industries that use COBOL code boost performance and productivity and extend key applications to modern platforms.
The new COBOL for z/OS operates with the IBM customer information control system, information management system and DB2 software.
IBM was named the number one vendor for Application Development software with a 22.4% share earlier this year.