Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

LZLABS PARTNERS WITH COBOL-IT TO ENABLE SEAMLESS MAINFRAME APPLICATION MIGRATION

LzLabs partners with COBOL-IT to enable seamless mainframe application migration

LzLabs works with COBOL-IT to shift customer mainframe applications to open source software

LzLabs announced today that it is collaborating with COBOL-IT to deliver the world’s first Software-Defined Mainframe – a technology solution which enables customers to migrate their legacy mainframe applications and data seamlessly to open Linux server and Cloud platforms. COBOL-IT will act as an integrated software provider for the solution as it is implemented for LzLabs’ customers across the world.

The LzLabs Software Defined MainframeTM is designed to support major legacy operating environments and languages so that customers can escape the high recurring cost of mainframe software and hardware, whilst  preserving their enormous investment in legacy applications, data and business processes. This new environment works without forcing recompilations of COBOL or PL/1 application programs or making complex changes to the enterprise business environment. However, should a customer intend to make changes to it’s COBOL applications COBOL-IT’s customized Compiler provides a solution.

As part of the Software Defined Mainframe, LzLabs will incorporate a customised version of COBOL-IT’s Compiler software, which enables companies to migrate, deploy and maintain their legacy COBOL applications on all forms of open software, including Windows, HP-UX, Solaris, AIX, Linux and zLinux, at the lowest possible cost and risk.

An alternative provider to long-time market leader in the sector, Micro Focus, COBOL-IT has gained significant market traction in recent years with the allure of comparable performance and reliability, at a typical cost reduction of 50-80%.

Stephane Croce, CEO and Founder, COBOL-IT, said: “we speak to companies across various regions which want to move away from legacy IT systems that are expensive to run and are stifling IT innovation. There is significant demand for a solution that opens up their applications to more flexible platforms, and can sustain IT performance. LzLabs Software Defined MainframeTM achieves this, and we’re delighted to be a part of this seismic shift in enterprise application management.”

“The Software Defined Mainframe delivers the efficiency and openness that companies are demanding from their enterprise applications,” states Thilo Rockmann, Chairman of LzLabs. “When developing the solution, we wanted to work with companies that are redefining the way enterprises view migration from legacy environments, and COBOL IT’s compilation solution stood out in terms of both quality and efficiency. We’re excited about the opportunities this presents for existing and prospective customers of both companies.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post