'What kind of name is that?' 'Well it's a Polish name. I said, 'I'll write it for you.' I wrote the name down: COBOL. At a time when new at an ever-increasing rate, the same survey suggested that if a common business-oriented language were used, conversion would be far cheaper and faster. A 1959 survey had found that in any data processing installation, the programming cost US$800,000 on average and that translating programs to run on new hardware would cost $600,000. () (July 2018) Background In the late 1950s, computer users and manufacturers were becoming concerned about the rising cost of programming. It has been suggested that this section be out into another article titled. No warranty, expressed or implied, is made by any contributor or by the CODASYL Programming Language Committee as to the accuracy and functioning of the programming system and language. COBOL is an industry language and is not the property of any company or group of companies, or of any organization or group of organizations.
