The IT services company introduced artificial intelligence software automating legacy mainframe application conversion for financial institutions modernizing systems.

CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS) today announced the successful launch of its proprietary AI-driven intelligent migration solution. Designed to transition legacy COBOL ...

This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...

AI has sparked a new round of conversation about Cobol, with tools emerging that claim to translate legacy code and, with it, solve the modernisation challenge. It is worth being precise about what ...

Intuit lost 42% of its market cap as AI agents threaten to replace QuickBooks and TurboTax. Here's what the company says agents can't replicate.

Investor sentiment turned sharply negative in February, fueled by concerns that emerging AI technologies could rapidly undermine the company's lucrative legacy IT systems business. The dramatic ...

COBOL was associated with the Y2K phenomenon at the turn of the century, a software problem arising from the inability of ...

COBOL is in the headlines again, and this time it is because of artificial intelligence (AI) – sparking conversations with tools emerging that claim t.

While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...

A blog post by Anthropic pointing out that Claude Code can refactor legacy COBOL applications appears to have sent IBM’s share price down by double ...

Investors reacted to Anthropic’s assertion that Claude Code could streamline legacy COBOL modernization, raising concerns about pressure on IBM’s high‑margin mainframe services despite longstanding ...