With the rapid adoption of computerization in the 1970's and 80's, mainframes were the only option for major industries globally such as banking, finance, insurance, airlines, transportation, pharmaceutical, he...
With the rapid adoption of computerization in the 1970's and 80's, mainframes were the only option for major industries globally such as banking, finance, insurance, airlines, transportation, pharmaceutical, healthcare, government agencies, and many others. However, mainframes started to lose their luster due to major advances in technologies and especially with the onset of personal computers and servers. Many industries began to adopt newer technologies and decommissioned their mainframes. Mainframe technologies and COBOL, as the primary programming language, were no longer taught in most universities globally by mid 1990's. This has resulted in a rapid decline of the talent pool with niche skill sets.
Mainframes are now often regarded as giant machines sitting in the museums and COBOL obsolete. However, the reality is that many industries are still relying heavily on mainframes as their major application backbones. This is due to their impeccable security, high availability and fault-tolerance nature of the technology. This is particularly true for the banking industry which handles voluminous transactional data and 24x7 nature of the business.
iTAc is a mainframe specialist, providing software services to both international and local financial institutions in Malaysia. iTAc works closely with the clients in the development, maintenance and support of legacy systems such as credit card management systems, core banking, loans, trade finance and other financial applications, including related software testing services. iTAc keeps these legacy systems in top-notch conditions, hence keeping the dinosaurs alive!