This AI cycle is a story of Schumpeterian creative destruction as fragile IT consulting models face structural shifts. Check ...
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COBOL is in the headlines again, and this time it is because of artificial intelligence (AI) – sparking conversations with tools emerging that claim t.
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While Anthropic’s Claude Code grabbed headlines, IBM has been deploying its own generative AI solution, Watsonx Code Assistant for Z, designed to modernize the very mainframes it built. Unlike general ...
AI agents like Claude Code are reshaping software development by automating legacy modernisation and routine coding. A recent ...
IBM's market value drops $25 billion as AI threatens its lucrative COBOL modernization business, sparking a historic stock decline.
On 23 Feb 2026, IBM shares dropped 13%, losing nearly $30B, after Anthropic's Claude AI promised faster COBOL modernization, threatening legacy IT services dependent on scarce expertise.