Cobol For The 21st Century 11th Edition 26pdf Verified -

In addition to its technical advantages, COBOL's continued relevance can also be attributed to its widespread adoption and the significant investment made in COBOL-based systems over the years. Many organizations have invested heavily in COBOL-based systems, and replacing these systems would require substantial resources. As a result, there is a strong incentive to maintain and update existing COBOL applications rather than replacing them with newer technologies.