this post was submitted on 08 Apr 2025
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IBM out there selling mainframes....
Time really is a flat circle.
IBM has never stopped selling mainframes. One of the big reasons why finance transactions are still COBOL is IBM consultants insisting that a centralized mainframe is better than a private cloud.
I can search it, but do you have a description of what type of finance transaction are being processed this way still?
Credit card transactions and many banks too. Source: https://www.precisely.com/blog/mainframe/9-mainframe-statistics