COBOL still going strong after more then 50 years?

I took a COBOL course while in University (not sure why I did at the time, other then I found programming languages interesting (and still do)) and also subsequently took a part-time job as teaching assistant for COBOL courses back in the ’80’s.   Unfortunately I  never had occasion to use my COBOL programming skills in any meaningful way — although I found the database/records orientation of the language to be useful in other contexts.

I was recently surprised to read that COBOL – one of the industry’s oldest programming languages – still “equates to 80 percent of the world’s actively used code,” according to Stephen Kelley of Micro Focus.