3min chapter

Odd Lots cover image

Why Corporate America Still Runs on Ancient Software That Breaks

Odd Lots

CHAPTER

What Happened to Southwest Airlines?

Southwest had to cancel something like 16,000 flights because of software problems. The company's IT system was still running on COBOL, which is the programming language that I think it dates back to the 1950s or 1960s. "The entire financial system in some respects ... is still running on these legacy computer systems," he says.

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