Earlier quoted context omitted.
> we can call a technology dead once no new business is built on it You don’t suppose any bank - or other large financial institution - might have standardised on Cobol for their core business flows/processes? In which case a new business-unit or “internal startup” team (e.g. a new category of insurance product) might very-well have some part written in Cobol so it integrates with the rest of the bank - or at very-le…
Sure, I know for a fact that what you're describing exists. That's not really what I mean by new business being built on it. That's a case of a very large and old business already being so locked into the mainframe ecosystem for their core systems that anything new they try to do ends up needing some kind of integration system with the legacy system. What I mean is that nobody starts a business today and says "Ok, we…
But it has happened at least a little within the past couple of decades, most notably with China but there have probably been other examples in Asia.