Anthropic AI’s COBOL code advances unlock new doors for IT companies
Anthropic’s advances in reading and modernising legacy COBOL codes are more likely to unlock opportunities for IT service companies by lowering migration costs, industry leaders said Tuesday.
“Technology is definitely becoming more powerful. But what is being missed is how you deploy it in an enterprise. Mainframes have been there for 50-plus years, which every large enterprise runs on. So modernising mainframes is not so easy,” HCLTech chief executive C Vijayakumar said on the sidelines of the Nasscom Technology and Leadership Forum, 2026.
