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How screwed am I?
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Counter point. Sounds like a c-level pet project on steroids. It doesn't sound like anyone is planning a migration. So they are relying on a big bang.
Now... A question for the panel: how would you say big bangs on corporate software projects with actual customers typically go?
How do they typically go? They don’t ;)
If OP play their cards right they have a wonderful legacy support gig for life
COBAL is still a thing
VIVA COBAL!